Butter And Ghee Market in Qatar
In value terms, butter and ghee production soared to $ in estimated in export prices. Over the period under review, production showed prominent growth. The most prominent rate of growth was recorded in 2008 with an increase of % year-to-year. Over the period under review, production hit record highs in and is expected to retain growth in the immediate term.
The value of the butter and ghee market in Qatar expanded significantly to $ in , increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a significant expansion. The pace of growth was the most pronounced in 2010 with an increase of % against the previous year. Butter and ghee consumption peaked at $ in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.
From 2007 to 2015, the average annual rate of growth in terms of the volume of consumption of butter and dairy spreads stood at +%.
In value terms, the most traded types of butter and ghee in Qatar were butter and dairy spreads ($) and ghee ($).
In terms of the main consumed products, butter and dairy spreads saw the highest growth rate of market size, over the period under review.