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France - Butter - Market Analysis, Forecast, Size, Trends and Insights
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View PricingButter Price in France - 2023
Contents:
- Butter Price in France (CIF) - 2023
- Butter Price in France (FOB) - 2023
- Butter Imports in France
- Butter Exports in France
Butter Price in France (CIF) - 2023
In August 2023, the average butter import price amounted to $5,697 per ton, remaining constant against the previous month. In general, the import price saw a mild slump. The growth pace was the most rapid in July 2023 when the average import price increased by 6% month-to-month. Over the period under review, average import prices attained the maximum at $7,144 per ton in August 2022; however, from September 2022 to August 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the highest price was recorded for prices from Belgium ($6,085 per ton) and Denmark ($6,056 per ton), while the price for Ireland ($5,173 per ton) and Portugal ($5,184 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Denmark (-0.9%), while the prices for the other major suppliers experienced a decline.
Butter Price in France (FOB) - 2023
The average butter export price stood at $7,910 per ton in August 2023, increasing by 2.2% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 3.9% m-o-m. As a result, the export price attained the peak level of $8,035 per ton. From May 2023 to August 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was the United States ($9,849 per ton), while the average price for exports to the Netherlands ($5,531 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.
Butter Imports in France
In 2022, approx. 204K tons of butter were imported into France; picking up by 7.3% against 2021. The total import volume increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, butter imports skyrocketed to $1.4B in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Butter in France (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 263 | 302 | 387 | 572 | 29.6% |
Belgium | 226 | 220 | 244 | 357 | 16.5% |
Ireland | 117 | 71.9 | 107 | 165 | 12.1% |
Germany | 111 | 40.5 | 40.9 | 65.1 | -16.3% |
Poland | 29.7 | 9.5 | 11.1 | 53.7 | 21.8% |
Finland | 54.3 | 30.9 | 34.9 | 48.5 | -3.7% |
United Kingdom | 23.5 | 8.5 | 8.8 | 21.8 | -2.5% |
Portugal | 21.1 | 6.5 | 17.3 | 17.8 | -5.5% |
Others | 42.7 | 31.4 | 35.3 | 53.5 | 7.8% |
Total | 888 | 721 | 886 | 1,355 | 15.1% |
Top Suppliers of Butter to France in 2022:
- Netherlands (86.3K tons)
- Belgium (53.1K tons)
- Ireland (25.3K tons)
- Germany (9.5K tons)
- Poland (8.0K tons)
- Finland (7.5K tons)
- United Kingdom (3.7K tons)
- Portugal (2.6K tons)
Butter Exports in France
For the fourth consecutive year, France recorded growth in overseas shipments of butter, which increased by 4.4% to 80K tons in 2022. The total export volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 6.1% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, butter exports skyrocketed to $605M in 2022. The total export value increased at an average annual rate of +10.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Butter in France (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 64.4 | 55.6 | 61.1 | 91.5 | 12.4% |
South Korea | 24.3 | 32.2 | 53.2 | 58.8 | 34.3% |
China | 35.8 | 39.1 | 36.4 | 44.8 | 7.8% |
United Kingdom | 39.6 | 32.4 | 33.2 | 39.7 | 0.1% |
Spain | 20.8 | 18.6 | 25.4 | 28.2 | 10.7% |
Taiwan (Chinese) | 18.0 | 15.5 | 19.9 | 24.0 | 10.1% |
Italy | 17.1 | 11.8 | 23.0 | 23.7 | 11.5% |
Netherlands | 21.5 | 19.4 | 23.9 | 23.5 | 3.0% |
United States | 13.3 | 12.0 | 17.3 | 19.6 | 13.8% |
Japan | 16.1 | 17.6 | 15.0 | 16.5 | 0.8% |
United Arab Emirates | 9.0 | 6.2 | 9.6 | 14.7 | 17.8% |
Hong Kong SAR | 9.4 | 9.3 | 12.7 | 13.1 | 11.7% |
Singapore | 11.4 | 9.9 | 12.1 | 12.6 | 3.4% |
Others | 146 | 148 | 161 | 194 | 9.9% |
Total | 447 | 428 | 503 | 605 | 10.6% |
Top Export Markets for Butter from France in 2022:
- Belgium (13.6K tons)
- South Korea (7.0K tons)
- China (5.4K tons)
- United Kingdom (5.3K tons)
- Spain (3.9K tons)
- Netherlands (3.5K tons)
- Italy (3.1K tons)
- Taiwan (Chinese) (3.1K tons)
- United States (2.3K tons)
- Japan (2.0K tons)
- United Arab Emirates (1.8K tons)
- Singapore (1.7K tons)
- Hong Kong SAR (1.7K tons)
This report provides an in-depth analysis of the butter market in France. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 886 - Butter of Cow Milk
Country coverage:
- France
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in France
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the butter market in France.
This report provides an in-depth analysis of the butter and ghee market in France.
This report provides an in-depth analysis of the market for butter and dairy spreads in France.
This report provides an in-depth analysis of the ghee market in France.
This report provides an in-depth analysis of the dairy produce market in France.
This report provides an in-depth analysis of the dairy spread market in France.
This report provides an in-depth analysis of the global butter market.
This report provides an in-depth analysis of the global butter and ghee market.
This report provides an in-depth analysis of the global market for butter and dairy spreads.
This report provides an in-depth analysis of the global ghee market.
The most significant growth rate was observed in May 2023, with butter imports increasing by 16% month-to-month. However, in October 2023, butter imports saw a notable decline in value, dropping to $104K.
In August 2022, the butter price stood at $8,003 per ton (CIF, France), growing by 3.4% against the previous month.
Ghee imports reached a peak of 60K tons in 2015 but have struggled to regain momentum from 2016 to 2023. In terms of value, ghee imports drastically declined to $209M in 2023.
In April 2023, the Ghee price reached $7,248 per ton (CIF, France), showing a decrease of 7.3% compared to the previous month.
In January 2023, the dairy spread price stood at $6,625 per ton (FOB, France), increasing by 30% against the previous month.
Explore the top import markets for butter in the world based on data from IndexBox platform. Learn about the countries importing the most butter and the trends driving global butter trade.
The butter market is projected to experience steady growth over the next seven years, driven by increasing demand worldwide. Market performance is expected to see a CAGR of +1.8% in volume and +3.5% in value from 2023 to 2030.
This year global butter production is anticipated to keep up with ha last year, amounting to 5.6M tons. The EU is forecast to decrease butter exports due to a slight drop in production amid an increase in demand. Butter exports from New Zealand are not forecast to grow due to increased competition with UHT cream for food service being increasingly in demand.
The global trade in butter amounted to X million USD in 2015, fluctuating wildly over the period under review. A significant drop in 2009 was followed by a recovery over the next two years, until exports decreased again
New Zealand continued its dominance in the global butter trade. In 2014, New Zealand exported X thousand tons of butter totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its tota