Africa: Buttermilk Market 2020

Buttermilk Market Size in Africa

The revenue of the buttermilk market in Africa amounted to $X in 2017, jumping by X% against the previous year. The total market indicated a remarkable expansion from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2014, when it surged by X% against the previous year. In that year, the buttermilk market reached their peak level of $X. From 2015 to 2017, growth of the buttermilk market stood at a somewhat lower level.

Buttermilk Production in Africa

In 2017, approx. X tons of buttermilk were produced in Africa; flattening at the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2012, when the output figure increased by X% against the previous year. In that year, the buttermilk production attained their peak volume of X tons. From 2013 to 2017, growth of the buttermilk production stood at a somewhat lower level.

Buttermilk Exports in Africa

In 2017, the amount of buttermilk exported in Africa amounted to X tons, jumping by X% against the previous year. The buttermilk exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016, with an increase of X% against the previous year. Over the period under review, the buttermilk exports attained its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, buttermilk exports amounted to $X in 2017. The total exports indicated a prominent growth from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the buttermilk exports increased by +X% against 2009 indices. Over the period under review, the buttermilk exports attained its maximum level of $X in 2016, leveling off in the following year.

Buttermilk Exports by Country in Africa

South Africa represented the key exporting country with an export of around X tons, which amounted to X% of total exports. Senegal (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by Kenya (X%). The following exporters - Burkina Faso (X tons), Togo (X tons), Egypt (X tons) and Benin (X tons) together made up X% of total exports.

Exports from South Africa increased at an average annual rate of +X% from 2007 to 2017. At the same time, Egypt (+X%), Senegal (+X%) and Benin (+X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. By contrast, Togo (-X%), Kenya (-X%) and Burkina Faso (-X%) illustrated a downward trend over the same period. While the share of Burkina Faso (X%), Kenya (X%) and Togo (X%) increased significantly in terms of the global exports from 2007-2017, the share of Egypt (-X%), Senegal (-X%) and South Africa (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest buttermilk markets worldwide were South Africa ($X), Senegal ($X) and Egypt ($X), together comprising X% of total exports.

In terms of the main exporting countries , Egypt (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Buttermilk Export Prices by Country in Africa

In 2017, the buttermilk export price in Africa amounted to $X per ton, falling by -X% against the previous year. The export price indicated a strong growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the buttermilk export price decreased by -X% against 2015 indices. The pace of growth was the most pronounced in 2013, an increase of X% year-to-year. The level of export price peaked of $X per ton in 2015; however, from 2016 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Senegal ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Senegal (+X% per year), while the other leaders experienced more modest paces of growth.

Buttermilk Imports in Africa

In 2017, approx. X tons of buttermilk were imported in Africa; coming down by -X% against the previous year. The buttermilk imports continue to indicate a moderate shrinkage. The growth pace was the most rapid in 2012, when it surged by X% against the previous year. The volume of imports peaked of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, buttermilk imports totaled $X in 2017. The buttermilk imports continue to indicate a pronounced decrease. Over the period under review, the buttermilk imports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Buttermilk Imports by Country in Africa

In 2017, Nigeria (X tons) and Angola (X tons) were the key importers of buttermilk in the globe, together finishing at approx. X% of total imports. It was distantly followed by South Africa (X tons), generating X% share of total imports. Namibia (X tons), Cote d'Ivoire (X tons), Libya (X tons), Cabo Verde (X tons), Ghana (X tons), Botswana (X tons), Tanzania (X tons) and Seychelles (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Cote d'Ivoire (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) constitutes the largest market for imported buttermilk in Africa, making up X% of global imports. The second position in the ranking was occupied by South Africa ($X), with a X% share of global imports. It was followed by Angola, with a X% share.

In Nigeria, buttermilk imports contracted by an average annual rate of -X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: South Africa (-X% per year) and Angola (+X% per year).

Buttermilk Import Prices by Country in Africa

In 2017, the buttermilk import price in Africa amounted to $X per ton, growing by X% against the previous year. The buttermilk import price continues to indicate a mild slump. The pace of growth appeared the most rapid in 2017, an increase of X% against the previous year. Over the period under review, the import prices for buttermilk attained its peak figure level of $X per ton in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was South Africa ($X per ton), while Angola ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Cote d'Ivoire (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform