France: Cream Fresh Market 2024

Cream Fresh Market Size in France

The French cream fresh market contracted to $X in 2022, falling by -3.7% against the previous year. In general, consumption, however, posted a strong increase. Cream fresh consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Cream Fresh Production in France

In value terms, cream fresh production shrank modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate prominent growth. The growth pace was the most rapid in 2018 when the production volume increased by 54%. Cream fresh production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Cream Fresh Exports

Exports from France

In 2022, overseas shipments of cream fresh decreased by -7.6% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 8.4%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, cream fresh exports expanded to $X in 2022. The total export value increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 24%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Belgium (X tons), China (X tons) and the Netherlands (X tons) were the main destinations of cream fresh exports from France, with a combined 60% share of total exports. South Korea, Italy, Taiwan (Chinese), Germany, Hong Kong SAR, Spain, the United Arab Emirates, Greece, Saudi Arabia and the Philippines lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +35.6%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for cream fresh exports from France, comprising 34% of total exports. The second position in the ranking was taken by Belgium ($X), with a 14% share of total exports. It was followed by South Korea, with a 6.3% share.

From 2012 to 2022, the average annual growth rate of value to China amounted to +26.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-0.3% per year) and South Korea (+5.0% per year).

Export Prices by Country

The average cream fresh export price stood at $X per ton in 2022, picking up by 12% against the previous year. Over the period under review, the export price recorded resilient growth. The most prominent rate of growth was recorded in 2017 an increase of 32% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Cream Fresh Imports

Imports into France

In 2022, approx. X tons of cream fresh were imported into France; with a decrease of -12.8% against the previous year. Over the period under review, imports continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2016 with an increase of 13%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, cream fresh imports soared to $X in 2022. Overall, total imports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +2.7% 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 +58.8% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of 37% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

Belgium (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of cream fresh imports to France, with a combined 86% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +10.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the Netherlands ($X) and Germany ($X) were the largest cream fresh suppliers to France, with a combined 80% share of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +15.6%, 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

The average cream fresh import price stood at $X per ton in 2022, with an increase of 36% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cream fresh import price increased by +65.1% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 36% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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