France: Market for Buttermilk And Buttermilk Powder 2024

Market Size for Buttermilk And Buttermilk Powder in France

The French buttermilk and buttermilk powder market reached $X in 2022, increasing by 9.2% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Buttermilk And Buttermilk Powder in France

In value terms, buttermilk and buttermilk powder production surged to $X in 2022 estimated in export price. Over the period under review, production posted a temperate increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Buttermilk And Buttermilk Powder

Exports from France

In 2022, buttermilk and buttermilk powder exports from France soared to X tons, increasing by 35% on the previous year. Over the period under review, exports, however, showed a mild slump. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, buttermilk and buttermilk powder exports skyrocketed to $X in 2022. Overall, exports, however, showed a relatively flat trend pattern. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons), Italy (X tons) and the Netherlands (X tons) were the main destinations of buttermilk and buttermilk powder exports from France, with a combined 64% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +13.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for buttermilk and buttermilk powder exported from France were the UK ($X), the Netherlands ($X) and Italy ($X), together accounting for 59% of total exports.

In terms of the main countries of destination, Italy, with a CAGR of +11.1%, saw 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

The average buttermilk and buttermilk powder export price stood at $X per ton in 2022, stabilizing at the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 15% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Italy ($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 (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Buttermilk And Buttermilk Powder

Imports into France

In 2022, the amount of buttermilk and buttermilk powder imported into France rose notably to X tons, picking up by 14% on the year before. Overall, total imports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of +2.1% 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 +69.6% against 2015 indices. The growth pace was the most rapid in 2019 when imports increased by 21% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, buttermilk and buttermilk powder imports totaled $X in 2022. Over the period under review, total imports indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.7% 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 +80.5% against 2015 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

Spain (X tons), Belgium (X tons) and Germany (X tons) were the main suppliers of buttermilk and buttermilk powder imports to France, together comprising 80% of total imports. Luxembourg and Romania lagged somewhat behind, together comprising a further 16%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +211.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest buttermilk and buttermilk powder suppliers to France were Spain ($X), Germany ($X) and Belgium ($X), together comprising 77% of total imports. Luxembourg and Romania lagged somewhat behind, together comprising a further 15%.

Romania, with a CAGR of +229.0%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average buttermilk and buttermilk powder import price stood at $X per ton in 2022, dropping by -8.7% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 27%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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