EU: Lactose Market 2024

Lactose Market Size in the EU

The EU lactose market skyrocketed to $X in 2022, rising by 16% against the previous year. The market value increased at an average annual rate of +3.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in years to come.

Lactose Production in the EU

In value terms, lactose production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a buoyant expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Lactose Exports

Exports in the EU

In 2022, overseas shipments of lactose and lactose syrup decreased by -7.1% to X tons for the first time since 2015, thus ending a six-year rising trend. Total exports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 19%. Over the period under review, the exports attained the peak figure at X tons in 2021, and then dropped in the following year.

In value terms, lactose exports contracted to $X in 2022. Overall, exports, however, recorded noticeable growth. The growth pace was the most rapid in 2017 when exports increased by 32% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then shrank in the following year.

Exports by Country

Germany was the main exporting country with an export of around X tons, which amounted to 47% of total exports. The Netherlands (X tons) took the second position in the ranking, distantly followed by France (X tons), Italy (X tons) and Poland (X tons). All these countries together held approx. 45% share of total exports. The following exporters - Lithuania (X tons) and Austria (X tons) - each recorded a 4.1% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +45.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising 85% of total exports. Italy, Poland, Austria and Lithuania lagged somewhat behind, together comprising a further 12%.

Poland, with a CAGR of +43.7%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, rising by 3% against the previous year. In general, the export price, however, recorded a slight decrease. The growth pace was the most rapid in 2021 when the export price increased by 21% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+2.1%), while the other leaders experienced a decline in the export price figures.

Lactose Imports

Imports in the EU

Lactose imports skyrocketed to X tons in 2022, picking up by 23% against the previous year's figure. Total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when imports increased by 25%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, lactose imports surged to $X in 2022. The total import value increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 38% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, the Netherlands (X tons), distantly followed by Ireland (X tons), Germany (X tons), France (X tons), Austria (X tons), Belgium (X tons) and Italy (X tons) were the major importers of lactose and lactose syrup, together generating 84% of total imports.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +7.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Ireland ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2022, together comprising 52% of total imports.

In terms of the main importing countries, Germany, with a CAGR of +6.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, stabilizing at the previous year. Over the period under review, the import price continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2013 when the import price increased by 11% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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