Netherlands: Rennet Market 2025

Rennet Market Size in the Netherlands

After three years of growth, the Dutch rennet market decreased by -19.2% to $X in 2021. In general, consumption, however, continues to indicate perceptible growth. Rennet consumption peaked at $X in 2020, and then fell dramatically in the following year.

Rennet Production in the Netherlands

In value terms, rennet production fell to $X in 2021 estimated in export price. Overall, production posted a perceptible increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by 51%. Rennet production peaked at $X in 2020, and then shrank in the following year.

Rennet Exports

Exports from the Netherlands

After three years of decline, overseas shipments of rennet and concentrates thereof increased by 62% to X tons in 2021. In general, exports showed a measured expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 120%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, rennet exports soared to $X in 2021. Over the period under review, exports showed pronounced growth. The growth pace was the most rapid in 2016 with an increase of 139%. The exports peaked in 2021 and are likely to continue growth in the near future.

Exports by Country

Norway (X tons) was the main destination for rennet exports from the Netherlands, with a 65% share of total exports. Moreover, rennet exports to Norway exceeded the volume sent to the second major destination, Germany (X tons), threefold. The third position in this ranking was taken by the United States (X tons), with a 4.2% share.

From 2012 to 2021, the average annual growth rate of volume to Norway amounted to +123.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+29.3% per year) and the United States (+277.2% per year).

In value terms, Norway ($X) emerged as the key foreign market for rennet and concentrates thereof exports from the Netherlands, comprising 55% of total exports. The second position in the ranking was taken by Germany ($X), with a 26% share of total exports. It was followed by the United States, with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value to Norway totaled +120.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+29.9% per year) and the United States (+258.5% per year).

Export Prices by Country

In 2021, the average rennet export price amounted to $X per ton, standing approx. at the previous year. Over the period under review, the export price recorded a slight contraction. The pace of growth appeared the most rapid in 2020 when the average export price increased by 9.2%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Serbia ($X per ton), while the average price for exports to Norway ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Rennet Imports

Imports into the Netherlands

Rennet imports into the Netherlands contracted to X tons in 2021, dropping by -11.1% on the previous year. In general, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 when imports increased by 265% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, rennet imports skyrocketed to $X in 2021. Overall, imports, however, recorded tangible growth. The most prominent rate of growth was recorded in 2014 when imports increased by 242%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of rennet to the Netherlands, with a 82% share of total imports. Moreover, rennet imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), eightfold. The third position in this ranking was taken by Japan (X tons), with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +25.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+51.0% per year) and Japan (+159.6% per year).

In value terms, Germany ($X) constituted the largest supplier of rennet and concentrates thereof to the Netherlands, comprising 74% of total imports. The second position in the ranking was held by Italy ($X), with a 14% share of total imports. It was followed by Japan, with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +20.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+55.2% per year) and Japan (+107.5% per year).

Import Prices by Country

The average rennet import price stood at $X per ton in 2021, picking up by 30% against the previous year. Overall, the import price, however, continues to indicate a perceptible curtailment. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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