In 2023, India's butter and ghee export volume was 33.0 thousand metric tons. The forecast for 2024 is 34.0, indicating a 3.03% year-on-year increase. The trend continues upwards, with 2025 and 2026 seeing volumes of 35.0 and 36.0 respectively, both marking increases of approximately 2.94% from the preceding years. By 2027, the export volume is expected to rise to 38.0, an increase of 5.56%, followed by 2028 with 39.0, a 2.63% rise. The compound annual growth rate (CAGR) over this period is approximately 3.46%.
Future trends to watch for include:
- Global demand shifts for dairy products.
- Adoption of sustainable practices in production.
- Impact of international trade policies on export dynamics.
- Potential influence of climatic conditions on dairy production.
