EU: Buttermilk Market 2020

Buttermilk Market Size in the EU

The revenue of the buttermilk market in the European Union amounted to $X in 2017, surging by X% against the previous year. The buttermilk consumption continues to indicate a measured decline. The pace of growth appeared the most rapid in 2013, with an increase of X% y-o-y. Over the period under review, the buttermilk market attained its maximum level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Buttermilk Production in the EU

The buttermilk production amounted to X tons in 2017, surging by X% against the previous year. The buttermilk production continues to indicate a moderate curtailment. The pace of growth appeared the most rapid in 2013, with an increase of X% y-o-y. The volume of buttermilk production peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Buttermilk Exports in the EU

In 2017, the amount of buttermilk exported in the European Union amounted to X tons, going down by -X% against the previous year. The buttermilk exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016, when exports increased by X% against the previous year. The volume of exports peaked of X tons in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, buttermilk exports stood at $X in 2017. The buttermilk exports continue to indicate a mild curtailment. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Buttermilk Exports by Country in the EU

In 2017, Germany (X tons), France (X tons) and Belgium (X tons) were the main exporters of buttermilk in the European Union, comprising X% of total export. It was distantly followed by Spain (X tons) and Poland (X tons), together generating X% share of total exports. The following exporters - the Netherlands (X tons) and Slovakia (X tons) each recorded a X% share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Slovakia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest buttermilk markets worldwide were Germany ($X), France ($X) and Belgium ($X), together comprising X% of total exports. Spain, Poland, the Netherlands and Slovakia lagged somewhat behind, together comprising a further X%.

Among the main exporting countries , Slovakia (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Buttermilk Export Prices by Country in the EU

In 2017, the buttermilk export price in the European Union amounted to $X per ton, coming up by X% against the previous year. The buttermilk export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, an increase of X% year-to-year. The level of export price peaked of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was the Netherlands ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Germany (+X% per year), while the other leaders experienced a decline in the export price figures.

Buttermilk Imports in the EU

In 2017, the amount of buttermilk imported in the European Union totaled X tons, going up by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2010, with an increase of X% y-o-y. Over the period under review, the buttermilk imports reached its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, buttermilk imports stood at $X in 2017. The buttermilk imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Buttermilk Imports by Country in the EU

The UK represented the key importer of buttermilk in the European Union, with the volume of imports recording X tons, which was near X% of total imports in 2017. The Netherlands (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Italy (X%), Germany (X%), Belgium (X%) and France (X%). The following importers - Poland (X tons), Spain (X tons), Ireland (X tons), Hungary (X tons), Portugal (X tons) and the Czech Republic (X tons) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to buttermilk imports into the UK stood at +X%. At the same time, Germany (+X%), Poland (+X%), the Netherlands (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, Germany emerged as the fastest growing importer in the European Union, with a CAGR of +X% from 2007-2017. Spain and Hungary experienced a relatively flat trend pattern. By contrast, Belgium (-X%), the Czech Republic (-X%), Portugal (-X%), France (-X%) and Ireland (-X%) illustrated a downward trend over the same period. While the share of France (X%), Ireland (X%) and Portugal (X%) increased significantly in terms of the global imports from 2007-2017, the share of Poland (-X%), Italy (-X%), the Netherlands (-X%), Germany (-X%) and the UK (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the UK ($X) constitutes the largest market for imported buttermilk in the European Union, making up X% of global imports. The second position in the ranking was occupied by Italy ($X), with a X% share of global imports. It was followed by the Netherlands, with a X% share.

In the UK, buttermilk imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Italy (+X% per year) and the Netherlands (+X% per year).

Buttermilk Import Prices by Country in the EU

The buttermilk import price in the European Union stood at $X per ton in 2017, jumping by X% against the previous year. The buttermilk import price continues to indicate a mild curtailment. The pace of growth appeared the most rapid in 2008, when the import prices increased by X% year-to-year. In that year, the import prices for buttermilk attained their peak level of $X per ton. From 2009 to 2017, growth of the import prices for buttermilk failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Poland ($X per ton), while Germany ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Ireland (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform