Netherlands: Whey Market 2024

Whey Market Size in the Netherlands

The Dutch whey market was estimated at $X in 2022, surging by 11% against the previous year. Over the period under review, consumption, however, recorded a slight contraction. Whey consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Whey Production in the Netherlands

In value terms, whey production surged to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2020 with an increase of 76%. Whey production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Whey Exports

Exports from the Netherlands

In 2022, overseas shipments of whey increased by 2.8% to X tons, rising for the third consecutive year after two years of decline. Overall, total exports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 26%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, whey exports expanded notably to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 28% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), Belgium (X tons) and China (X tons) were the main destinations of whey exports from the Netherlands, with a combined 59% share of total exports. France, Denmark, Ireland, Poland, Italy, Indonesia and Spain lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +22.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for whey exported from the Netherlands were China ($X), Germany ($X) and Belgium ($X), together accounting for 46% of total exports. France, Denmark, Ireland, Indonesia, Italy, Poland and Spain lagged somewhat behind, together comprising a further 34%.

In terms of the main countries of destination, Denmark, with a CAGR of +15.8%, recorded 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 whey export price stood at $X per ton in 2022, surging by 3.5% against the previous year. Overall, the export price, however, showed a noticeable downturn. The growth pace was the most rapid in 2014 when the average export price increased by 8.1% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Germany ($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 Poland (+0.3%), while the prices for the other major destinations experienced a decline.

Whey Imports

Imports into the Netherlands

In 2022, supplies from abroad of whey increased by 8.6% to X tons, rising for the second consecutive year after three years of decline. Overall, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, whey imports expanded rapidly to $X in 2022. Over the period under review, imports, however, saw a mild downturn. The most prominent rate of growth was recorded in 2017 with an increase of 26% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of whey to the Netherlands, accounting for a 46% share of total imports. Moreover, whey imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The third position in this ranking was held by Poland (X tons), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at -3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+13.0% per year) and Poland (+1.3% per year).

In value terms, Germany ($X) constituted the largest supplier of whey to the Netherlands, comprising 43% of total imports. The second position in the ranking was taken by Italy ($X), with a 17% share of total imports. It was followed by France, with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at -3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+12.5% per year) and France (-3.7% per year).

Import Prices by Country

The average whey import price stood at $X per ton in 2022, growing by 4% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 22% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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