Germany - Butter - Market Analysis, Forecast, Size, Trends and Insights
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Germany - Butter - Market Analysis, Forecast, Size, Trends and Insights

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Sep 20, 2023

Germany's Butter Price Plummets to $6,223 per Ton

Germany Butter Import Price in June 2023

In June 2023, the butter price amounted to $6,223 per ton (CIF, Germany), flattening at the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2022 when the average import price increased by 8.2% month-to-month. Over the period under review, average import prices attained the maximum at $7,017 per ton in January 2023; however, from February 2023 to June 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the countries with the highest prices were Austria ($6,612 per ton) and the Netherlands ($6,397 per ton), while the price for Poland ($5,336 per ton) and Ireland ($5,412 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.1%), while the prices for the other major suppliers experienced a decline.

Germany Butter Import Prices By Country (USD Per Ton)
COUNTRYImport Price of Butter in Germany (USD per ton)
Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023
Austria7,5587,6148,6727,4578,3017,7829,0857,9167,8408,0077,6757,0606,612
Netherlands6,4866,1666,6516,6936,6676,7256,9107,0626,4926,9916,5746,4366,397
Denmark6,4066,6106,8346,8716,7266,8857,0606,1176,7286,2916,7096,4106,203
Belgium7,0146,3536,6246,0406,6257,5417,3977,6206,2075,4736,0895,5205,852
Ireland6,1725,8776,2586,8416,4766,2886,1406,0296,0184,6484,3134,8305,412
Poland6,4135,9566,8725,7335,9125,4406,3765,9575,4264,8425,5166,1455,336
Average6,4656,1226,6246,7396,7066,7566,9007,0176,4806,7646,0216,2656,223

Germany Butter Imports

In June 2023, supplies from abroad of butter increased by 45% to 8.6K tons for the first time since February 2023, thus ending a three-month declining trend. In general, imports, however, continue to indicate a slight contraction. The growth pace was the most rapid in February 2023 when imports increased by 98% against the previous month.

In value terms, butter imports surged to $53M (IndexBox estimates) in June 2023. Over the period under review, imports, however, recorded a slight contraction. The pace of growth appeared the most rapid in February 2023 with an increase of 83% m-o-m.

Germany Butter Imports by Country

In June 2023, the Netherlands (5.8K tons) constituted the largest butter supplier to Germany, accounting for a 68% share of total imports. Moreover, butter imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Ireland (859 tons), sevenfold. The third position in this ranking was taken by Poland (491 tons), with a 5.7% share.

From June 2022 to June 2023, the average monthly rate of growth in terms of volume from the Netherlands amounted to +1.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: Ireland (-9.5% per month) and Poland (-2.7% per month).

In value terms, the Netherlands ($37M) constituted the largest supplier of butter to Germany, comprising 70% of total imports. The second position in the ranking was held by Ireland ($4.7M), with an 8.7% share of total imports. It was followed by Austria, with a 5.3% share.

From June 2022 to June 2023, the average monthly growth rate of value from the Netherlands stood at +1.2%. The remaining supplying countries recorded the following average monthly rates of imports growth: Ireland (-10.5% per month) and Austria (+7.8% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the butter market in Germany. 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:

  • Germany

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Germany
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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