Butter And Ghee Market Overview in Egypt
In value terms, butter and ghee production fell markedly to $ in 2019 estimated in export prices. Over the period under review, production continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2011 with an increase of % year-to-year. Over the period under review, production hit record highs at $ in 2012; however, from 2013 to 2019, production failed to regain the momentum.
The revenue of the butter and ghee market in Egypt reduced to $ in 2019, which is down 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). Overall, consumption showed a noticeable curtailment. The growth pace was the most rapid in 2011 with an increase of % year-to-year. As a result, consumption attained the peak level of $. From 2012 to 2019, the growth of the market failed to regain the momentum.
From 2007 to , the average annual rate of growth in terms of the volume of consumption of butter and dairy spreads amounted to -%.
In value terms, butter and dairy spreads ($) led the market, alone. The second position in the ranking was occupied by ghee ($).
From 2007 to , the average annual rate of growth in terms of the market volume of butter and dairy spreads totaled -%.