United Kingdom - Yoghurt - Market Analysis, Forecast, Size, Trends and Insights
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View PricingYoghurt Imports to the UK Surge to $420 Million in 2023
United Kingdom Yoghurt Imports
In 2023, the amount of yoghurt imported into the UK rose notably to 258K tons, growing by 11% against 2022. In general, imports posted a strong increase. The growth pace was the most rapid in 2019 with an increase of 52% against the previous year. Over the period under review, imports attained the peak figure at 284K tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.
In value terms, yoghurt imports expanded notably to $420M (IndexBox estimates) in 2023. Over the period under review, imports posted a prominent increase. The pace of growth was the most pronounced in 2019 with an increase of 50% against the previous year. Imports peaked at $461M in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.
| COUNTRY | Import Value of Yoghurt in United Kingdom (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| France | 103 | 116 | 91.3 | 95.7 | 93.1 | 85.8 | 112 | 140 | 139 | 110 | 122 |
| Belgium | 1.3 | 0.3 | 0.9 | 1.0 | 1.7 | 5.1 | 52.3 | 73.0 | 85.8 | 68.3 | 75.8 |
| Greece | 29.4 | 41.7 | 47.5 | 48.0 | 50.3 | 53.7 | 77.9 | 85.5 | 82.7 | 65.8 | 72.1 |
| Germany | 40.0 | 48.9 | 45.4 | 57.7 | 58.5 | 59.4 | 76.0 | 78.9 | 66.5 | 57.9 | 64.2 |
| Poland | 5.3 | 5.9 | 8.6 | 8.3 | 9.1 | 7.7 | 4.1 | 10.8 | 34.7 | 27.6 | 30.6 |
| Ireland | 29.5 | 26.4 | 23.5 | 21.5 | 24.2 | 27.6 | 31.5 | 26.6 | 17.6 | 19.8 | 22.0 |
| Spain | N/A | N/A | 0.2 | N/A | N/A | N/A | 9.6 | 11.1 | 16.4 | 13.0 | 14.5 |
| Others | 27.2 | 15.5 | 16.5 | 14.3 | 4.5 | 9.3 | 10.5 | 6.7 | 18.4 | 16.4 | 18.2 |
| Total | 235 | 255 | 234 | 247 | 242 | 249 | 374 | 432 | 461 | 379 | 420 |
Imports by Country
France (83K tons), Germany (53K tons) and Belgium (50K tons) were the main suppliers of yoghurt imports to the UK, together comprising 72% of total imports. Greece, Poland, Spain and Ireland lagged somewhat behind, together accounting for a further 25%.
From 2013 to 2023, the biggest increases were recorded for Spain (with a CAGR of +116.8%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, France ($122M), Belgium ($76M) and Greece ($72M) constituted the largest yoghurt suppliers to the UK, together accounting for 64% of total imports. Germany, Poland, Ireland and Spain lagged somewhat behind, together comprising a further 31%.
Spain, with a CAGR of +104.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the yoghurt price stood at $1,628 per ton (CIF, United Kingdom), remaining constant against the previous year. Over the period under review, the import price saw a mild reduction. The pace of growth appeared the most rapid in 2014 when the average import price increased by 15% against the previous year. As a result, import price reached the peak level of $2,089 per ton. From 2015 to 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Ireland ($2,748 per ton), while the price for Germany ($1,220 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Ireland (+7.2%), while the prices for the other major suppliers experienced a decline.
This report provides an in-depth analysis of the yoghurt market in the UK. 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 891 - Yoghurt
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
