Overview of the Global Market for Butter And Dairy Spreads

Market Size for Butter And Dairy Spreads

The global butter and dairy spreads market amounted to $X in 2023, rising by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the global market attained the maximum level in 2023 and is likely to see steady growth in the near future.

Production of Butter And Dairy Spreads

In value terms, butter and dairy spreads production expanded modestly to $X in 2023 estimated in export price. In general, the total production indicated a noticeable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, global production reached the peak level in 2023 and is expected to retain growth in the near future.

The countries with the highest volumes of production in 2023 were India (X tons), the United States (X tons) and Pakistan (X tons), together comprising X% of global production. Germany, New Zealand, France, Russia, Ireland, Poland, the Netherlands, the UK, Iran and Turkey lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Ireland (with a CAGR of X%), while production for the other global leaders experienced more modest paces of growth.

Exports of Butter And Dairy Spreads

Exports

In 2023, global exports of butter and dairy spreads rose to X tons, with an increase of X% against 2022. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The global exports peaked in 2023 and are expected to retain growth in the immediate term.

In value terms, butter and dairy spreads exports dropped slightly to $X in 2023. In general, total exports indicated a resilient increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. The global exports peaked at $X in 2022, and then dropped in the following year.

Exports by Country

The Netherlands (X tons), New Zealand (X tons) and Ireland (X tons) represented roughly X% of total exports in 2023. It was distantly followed by Belgium (X tons), Germany (X tons), Belarus (X tons) and France (X tons), together creating a X% share of total exports. Poland (X tons), Denmark (X tons), the UK (X tons), the United States (X tons) and Finland (X tons) held a minor share of total exports.

From 2012 to 2023, the biggest increases were recorded for Poland (with a CAGR of X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), New Zealand ($X) and Ireland ($X) were the countries with the highest levels of exports in 2023, together accounting for X% of global exports. Belgium, Germany, France, Belarus, Denmark, Poland, Finland, the UK and the United States lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average butter and dairy spreads export price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, butter and dairy spreads export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2022, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per ton), while the UK ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the other global leaders experienced more modest paces of growth.

Imports of Butter And Dairy Spreads

Imports

In 2023, approx. X tons of butter and dairy spreads were imported worldwide; growing by X% on 2022. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, global imports attained the peak figure at X tons in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, butter and dairy spreads imports fell slightly to $X in 2023. Overall, total imports indicated a strong expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of X%. Global imports peaked at $X in 2022, and then fell slightly in the following year.

Imports by Country

The purchases of the twelve major importers of butter and dairy spreads, namely France, the Netherlands, Germany, China, Belgium, Russia, the United States, the UK, Italy, Australia, Spain and Canada, represented more than two-thirds of total import. South Korea (X tons) held a minor share of total imports.

From 2012 to 2023, the biggest increases were recorded for the United States (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest butter and dairy spreads importing markets worldwide were France ($X), Germany ($X) and the Netherlands ($X), with a combined X% share of global imports. China, Belgium, the United States, Russia, the UK, Italy, Australia, Spain, Canada and South Korea lagged somewhat behind, together comprising a further X%.

Among the main importing countries, the United States, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average butter and dairy spreads import price stood at $X per ton in 2023, reducing by X% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, butter and dairy spreads import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by X%. Global import price peaked at $X per ton in 2022, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform