Germany's Whey Exports Remain Strongest in the World, with $2.3B in 2014

Dairy Products June 24, 2015
Author: Alla Yakimova
Market Analyst

Despite some stiff competition from the United States, Germany maintained control of the global whey trade. Germany's primary trading partner in 2014 was Italy where it sent 25.4% of its total whey exports, accounting for 58.7% of total Italian imports.

The global whey trade reached 10.8 billion USD, with a CAGR of 6.8% from 2007 to 2014. In physical terms, it also showed significant growth, rising from 3.6 million tonnes in 2007 to 4.8 million tonnes in 2014.

In 2014, Italy (11.3%), the Netherlands (10.6%), China (9.8%), Germany (8.8%) and the United Kingdom (8.1%) were the leading destinations of whey imports, together making up 48.5% of global imports.

Germany and the U.S. were the main global suppliers of whey in 2014 with a combined share of 34.1% of global exports. The U.S. was the fastest growing exporter from 2007 to 2014 (+11.2% per year), significantly strengthen its position in the global exports structure, from 9.5% in 2007 to 12.6% in 2014.

Source: World: Whey - Market Report. Analysis And Forecast To 2020