In 2023, India's butter export volume was recorded at 25.0 thousand metric tons. The forecast for 2024 shows an increase to 27.0 thousand metric tons, marking an 8% year-on-year growth. Expected further growth to 28.0 thousand metric tons in 2025 indicates a 3.7% increase. The projections for 2026, 2027, and 2028 suggest growth rates of 7.1%, 3.3%, and 3.2% respectively, with exports reaching 32.0 thousand metric tons by 2028. The compound annual growth rate (CAGR) over the forecasted period is 5.0%.
Future trends to watch for include:
- Global demand shifts due to dietary preferences.
- Trade policy changes affecting export dynamics.
- Technological advancements in production and storage.
