Europe: Market for Butter And Dairy Spreads 2025

Market Size for Butter And Dairy Spreads in Europe

In 2022, the Europe butter and dairy spreads market increased by 22% to $X, rising for the second year in a row after three years of decline. The market value increased at an average annual rate of +1.3% 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 hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Butter And Dairy Spreads in Europe

In value terms, butter and dairy spreads production contracted modestly to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 27%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Ireland (X tons) constituted the country with the largest volume of butter and dairy spreads production, accounting for 40% of total volume. Moreover, butter and dairy spreads production in Ireland exceeded the figures recorded by the second-largest producer, the Netherlands (X tons), threefold. The third position in this ranking was taken by Belarus (X tons), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume in Ireland was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: the Netherlands (+0.4% per year) and Belarus (-0.1% per year).

Exports of Butter And Dairy Spreads

Exports in Europe

In 2022, after four years of growth, there was significant decline in overseas shipments of butter and dairy spreads, when their volume decreased by -6.8% to X tons. The total export volume increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 with an increase of 11% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then fell in the following year.

In value terms, butter and dairy spreads exports soared to $X in 2022. Total exports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +8.0% 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 +47.1% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of 46%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Exports by Country

In 2022, the Netherlands (X tons) and Ireland (X tons) represented the major exporters of butter and dairy spreads in Europe, together finishing at approx. 42% of total exports. Germany (X tons) ranks next in terms of the total exports with a 10% share, followed by Belgium (10%), Belarus (7.2%), France (7.2%), Poland (6.3%) and Denmark (4.6%).

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +9.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X), the Netherlands ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2022, with a combined 53% share of total exports. Belgium, France, Belarus, Poland and Denmark lagged somewhat behind, together accounting for a further 36%.

In terms of the main exporting countries, Poland, with a CAGR of +15.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, jumping by 36% against the previous year. Export price indicated a prominent expansion from 2012 to 2022: its price 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. Based on 2022 figures, butter and dairy spreads export price increased by +57.0% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 47% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in France ($X per ton) and Ireland ($X per ton), while Belarus ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.6%), while the other leaders experienced more modest paces of growth.

Imports of Butter And Dairy Spreads

Imports in Europe

In 2022, after ten years of growth, there was decline in purchases abroad of butter and dairy spreads, when their volume decreased by -5% to X tons. The total import volume increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 6.5% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021, and then reduced in the following year.

In value terms, butter and dairy spreads imports soared to $X in 2022. Total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.6% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 48% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, France (X tons), the Netherlands (X tons), Germany (X tons), Russia (X tons) and Belgium (X tons) was the largest importer of butter and dairy spreads in Europe, constituting 70% of total import. It was distantly followed by the UK (X tons), constituting a 4.6% share of total imports. The following importers - Italy (X tons), Spain (X tons), the Czech Republic (X tons), Poland (X tons), Austria (X tons) and Romania (X tons) - together made up 14% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Romania (with a CAGR of +14.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Netherlands ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 49% share of total imports. Belgium, Russia, the UK, Italy, Spain, the Czech Republic, Austria, Poland and Romania lagged somewhat behind, together accounting for a further 39%.

Among the main importing countries, Romania, with a CAGR of +20.9%, saw the highest rates of growth with regard to 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

The import price in Europe stood at $X per ton in 2022, rising by 29% against the previous year. Import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.8% 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 +47.1% against 2020 indices. The growth pace was the most rapid in 2017 when the import price increased by 48%. The level of import peaked in 2022 and is expected to retain growth in years to come.

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 Austria ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform