Denmark: Market for Butter And Dairy Spreads 2025

Market Size for Butter And Dairy Spreads in Denmark

In 2022, the Danish butter and dairy spreads market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption faced a abrupt decrease. Butter and dairy spreads consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Butter And Dairy Spreads in Denmark

In value terms, butter and dairy spreads production shrank slightly to $X in 2022 estimated in export price. Overall, production, however, saw a slight descent. The growth pace was the most rapid in 2017 when the production volume increased by 17%. Butter and dairy spreads production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Butter And Dairy Spreads

Exports from Denmark

Butter and dairy spreads exports from Denmark dropped to X tons in 2022, leveling off at the previous year's figure. In general, total exports indicated a slight expansion from 2012 to 2022: its volume increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +4.7% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of 41% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then fell modestly in the following year.

In value terms, butter and dairy spreads exports soared to $X in 2022. Overall, total exports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +29.0% against 2020 indices. The growth pace was the most rapid in 2018 when exports increased by 41% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons), the UK (X tons) and Germany (X tons) were the main destinations of butter and dairy spreads exports from Denmark, with a combined 38% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +43.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for butter and dairy spreads exported from Denmark were the Netherlands ($X), the UK ($X) and Germany ($X), with a combined 37% share of total exports.

The Netherlands, with a CAGR of +47.2%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average butter and dairy spreads export price amounted to $X per ton, jumping by 17% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 20% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Saudi Arabia ($X per ton) and Australia ($X per ton), while the average price for exports to Poland ($X per ton) and Sweden ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Butter And Dairy Spreads

Imports into Denmark

In 2022, supplies from abroad of butter and dairy spreads decreased by -4.7% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, imports recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2018 when imports increased by 18% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, butter and dairy spreads imports surged to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Germany (X tons) were the main suppliers of butter and dairy spreads imports to Denmark, with a combined 65% share of total imports. New Zealand, Turkey, France and Sweden lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +8,612,400.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Germany ($X) constituted the largest butter and dairy spreads suppliers to Denmark, with a combined 65% share of total imports. New Zealand, Turkey, France and Sweden lagged somewhat behind, together accounting for a further 27%.

Turkey, with a CAGR of +16,548,860.9%, recorded 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 2022, the average butter and dairy spreads import price amounted to $X per ton, growing by 31% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butter and dairy spreads import price increased by +67.7% against 2020 indices. The growth pace was the most rapid in 2017 when the average import price increased by 57% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from New Zealand ($X per ton) and the Netherlands ($X per ton), while the price for Turkey ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+92.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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