Global Cream Fresh Market 2024

Cream Fresh Market Size

The global cream fresh market rose slightly to $X in 2022, surging by 3.6% against the previous year. The market value increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the global market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Cream Fresh Production

In value terms, cream fresh production reduced to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the production volume increased by 26% against the previous year. Over the period under review, global production attained the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Germany (X tons), France (X tons) and Italy (X tons), with a combined 32% share of global production. Poland, New Zealand, Canada, Belgium, Russia, Spain, the Netherlands, Sweden, Saudi Arabia and Lithuania lagged somewhat behind, together comprising a further 43%.

From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of +22.6%), while production for the other global leaders experienced more modest paces of growth.

Cream Fresh Exports

Exports

In 2022, shipments abroad of cream fresh increased by 13% to X tons, rising for the third consecutive year after two years of decline. The total export volume increased at an average annual rate of +3.8% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cream fresh exports skyrocketed to $X in 2022. Over the period under review, total exports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +8.4% 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 +68.8% against 2020 indices. The pace of growth appeared the most rapid in 2017 when exports increased by 37% against the previous year. The global exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, New Zealand (X tons), the Netherlands (X tons), Germany (X tons), France (X tons) and Belgium (X tons) was the major exporter of cream fresh in the world, making up 58% of total export. Poland (X tons) took a 5.7% share (based on physical terms) of total exports, which put it in second place, followed by Spain (5.1%) and Lithuania (4.7%). The following exporters - Denmark (X tons), Belarus (X tons), Ireland (X tons) and Italy (X tons) - together made up 9.8% of total exports.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +27.3%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest cream fresh supplying countries worldwide were New Zealand ($X), the Netherlands ($X) and Germany ($X), with a combined 46% share of global exports. Belgium, France, Poland, Lithuania, Spain, Ireland, Italy, Denmark and Belarus lagged somewhat behind, together comprising a further 41%.

In terms of the main exporting countries, Ireland, with a CAGR of +31.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average cream fresh export price amounted to $X per ton, growing by 18% against the previous year. Overall, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cream fresh export price increased by +33.8% against 2020 indices. The pace of growth appeared the most rapid in 2017 an increase of 35% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Ireland ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.7%), while the other global leaders experienced more modest paces of growth.

Cream Fresh Imports

Imports

In 2022, the amount of cream fresh imported worldwide stood at X tons, picking up by 5% on the previous year's figure. The total import volume increased at an average annual rate of +4.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when imports increased by 13%. Global imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, cream fresh imports skyrocketed to $X in 2022. Over the period under review, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +8.1% 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 +57.3% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 42% against the previous year. Over the period under review, global imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X tons), Belgium (X tons), Germany (X tons), France (X tons) and the Netherlands (X tons) represented the key importer of cream fresh in the world, making up 53% of total import. It was distantly followed by Italy (X tons), generating a 4.7% share of total imports. Poland (X tons), Spain (X tons), South Korea (X tons), Denmark (X tons), Russia (X tons) and Greece (X tons) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by China (with a CAGR of +33.7%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest cream fresh importing markets worldwide were China ($X), Germany ($X) and Belgium ($X), with a combined 43% share of global imports.

China, with a CAGR of +36.9%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average cream fresh import price stood at $X per ton in 2022, rising by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 31% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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