France: Market for Butter And Dairy Spreads 2024

Market Size for Butter And Dairy Spreads in France

In 2022, the French butter and dairy spreads market increased by 41% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption saw resilient growth. Butter and dairy spreads consumption peaked in 2022 and is expected to retain growth in years to come.

Exports of Butter And Dairy Spreads

Exports from France

Butter and dairy spreads exports from France amounted to X tons in 2022, picking up by 4.6% against the previous year's figure. Over the period under review, exports recorded a modest increase. The most prominent rate of growth was recorded in 2014 when exports increased by 17%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, butter and dairy spreads exports surged to $X in 2022. Overall, total exports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +7.7% 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 +40.6% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 32%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Belgium (X tons), South Korea (X tons) and the UK (X tons) were the main destinations of butter and dairy spreads exports from France, with a combined 32% share of total exports.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +33.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), South Korea ($X) and the UK ($X) constituted the largest markets for butter and dairy spreads exported from France worldwide, together accounting for 32% of total exports.

South Korea, with a CAGR of +40.3%, recorded the highest rates of growth with regard to the value of exports, among 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, growing by 15% against the previous year. Over the period under review, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.6% 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 +26.8% against 2020 indices. The growth pace was the most rapid in 2013 when the average export price increased by 39% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($X per ton) and Japan ($X per ton), while the average price for exports to Belgium ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Butter And Dairy Spreads

Imports into France

In 2022, approx. X tons of butter and dairy spreads were imported into France; increasing by 7.2% against the previous year. The total import volume increased at an average annual rate of +4.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 14%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, butter and dairy spreads imports soared to $X in 2022. Overall, imports showed a buoyant increase. The pace of growth was the most pronounced in 2017 when imports increased by 64%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Ireland (X tons) were the main suppliers of butter and dairy spreads imports to France, together accounting for 81% of total imports. Germany, Poland, Finland and the UK lagged somewhat behind, together comprising a further 14%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Finland (with a CAGR of +34.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Ireland ($X) constituted the largest butter and dairy spreads suppliers to France, together comprising 81% of total imports. Germany, Poland, Finland and the UK lagged somewhat behind, together comprising a further 14%.

Finland, with a CAGR of +39.2%, 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, with an increase of 43% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price 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. Based on 2022 figures, butter and dairy spreads import price increased by +65.6% against 2020 indices. The pace of growth appeared the most rapid in 2017 an increase of 55% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($X per ton) and Belgium ($X per ton), while the price for the UK ($X per ton) and Ireland ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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