France: Cream Market 2021

Cream Market Size in France

In 2020, the French cream market increased by X% to $X, rising for the fourth consecutive year after two years of decline. Overall, the total consumption indicated moderate growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Over the period under review, the market hit record highs in 2020 and is expected to retain growth in years to come.

Cream Production in France

In value terms, cream production amounted to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X; afterwards, it flattened through to 2020.

Cream Exports

Exports from France

In 2020, overseas shipments of cream increased by X% to X tons, rising for the fourth year in a row after five years of decline. In general, exports, however, saw a precipitous slump. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Exports peaked at X tons in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

In value terms, cream exports reduced notably to $X in 2020. Overall, exports, however, showed a dramatic decline. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, exports attained the maximum at $X in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

Exports by Country

Italy (X tons), Germany (X tons) and Belgium (X tons) were the main destinations of cream exports from France, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany, while exports for the other leaders experienced a decline.

In value terms, Belgium ($X), Germany ($X) and Italy ($X) were the largest markets for cream exported from France worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Germany saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average cream export price stood at $X per ton in 2020, which is down by -X% against the previous year. In general, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% year-to-year. The export price peaked at $X per ton in 2013; however, from 2014 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Belgium ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced a decline.

Cream Imports

Imports into France

In 2020, the amount of cream imported into France expanded remarkably to X tons, surging by X% against 2019 figures. In general, imports enjoyed a resilient increase. The pace of growth was the most pronounced in 2008 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum in 2020 and are likely to see steady growth in the near future.

In value terms, cream imports expanded rapidly to $X in 2020. Overall, imports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Imports peaked in 2020 and are expected to retain growth in years to come.

Imports by Country

In 2020, Belgium (X tons) constituted the largest supplier of cream to France, with a X% share of total imports. Moreover, cream imports from Belgium exceeded the figures recorded by the second-largest supplier, the UK (X tons), twofold. Spain (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Belgium amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and Spain (+X% per year).

In value terms, Belgium ($X) constituted the largest supplier of cream to France, comprising X% of total imports. The second position in the ranking was occupied by Spain ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Belgium totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

The average cream import price stood at $X per ton in 2020, with an increase of X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the maximum in 2020 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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