Germany: Market for Buttermilk And Buttermilk Powder 2024

Market Size for Buttermilk And Buttermilk Powder in Germany

The German buttermilk and buttermilk powder market rose markedly to $X in 2022, with an increase of 6.4% against the previous year. Overall, consumption saw a notable expansion. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the near future.

Production of Buttermilk And Buttermilk Powder in Germany

In value terms, buttermilk and buttermilk powder production rose slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2013 when the production volume increased by 19% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Buttermilk And Buttermilk Powder

Exports from Germany

In 2022, shipments abroad of buttermilk and buttermilk powder decreased by -15.5% to X tons, falling for the fifth consecutive year after two years of growth. Overall, exports continue to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2016 when exports increased by 4.6% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, buttermilk and buttermilk powder exports reduced modestly to $X in 2022. In general, exports continue to indicate a slight downturn. The growth pace was the most rapid in 2017 with an increase of 14% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for buttermilk and buttermilk powder exports from Germany, accounting for a 18% share of total exports. Moreover, buttermilk and buttermilk powder exports to the Netherlands exceeded the volume sent to the second major destination, the UK (X tons), threefold. France (X tons) ranked third in terms of total exports with a 6% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands amounted to -6.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-13.9% per year) and France (+2.7% per year).

In value terms, the Netherlands ($X) remains the key foreign market for buttermilk and buttermilk powder exports from Germany, comprising 19% of total exports. The second position in the ranking was held by the UK ($X), with a 6.9% share of total exports. It was followed by the Philippines, with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands stood at -1.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-10.7% per year) and the Philippines (+44.4% per year).

Export Prices by Country

The average buttermilk and buttermilk powder export price stood at $X per ton in 2022, surging by 14% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($X per ton), while the average price for exports to Hungary ($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 Belgium (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Buttermilk And Buttermilk Powder

Imports into Germany

For the fourth year in a row, Germany recorded growth in purchases abroad of buttermilk and buttermilk powder, which increased by 2.9% to X tons in 2022. In general, total imports indicated a prominent expansion from 2012 to 2022: its volume 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, imports increased by +81.6% against 2014 indices. The pace of growth appeared the most rapid in 2017 when imports increased by 25%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, buttermilk and buttermilk powder imports expanded remarkably to $X in 2022. Overall, imports saw a buoyant expansion. The growth pace was the most rapid in 2013 with an increase of 31% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest buttermilk and buttermilk powder supplier to Germany, accounting for a 32% share of total imports. Moreover, buttermilk and buttermilk powder imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Belgium (X tons), twofold. Poland (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+22.0% per year) and Poland (+13.8% per year).

In value terms, the Netherlands ($X), Austria ($X) and Poland ($X) were the largest buttermilk and buttermilk powder suppliers to Germany, together accounting for 53% of total imports. Belgium, Ireland, France, Luxembourg and the Czech Republic lagged somewhat behind, together accounting for a further 36%.

In terms of the main suppliers, Luxembourg, with a CAGR of +52.4%, recorded 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 average buttermilk and buttermilk powder import price stood at $X per ton in 2022, with an increase of 3.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2013 an increase of 36%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ireland ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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