World - Butter - Market Analysis, Forecast, Size, Trends and Insights
Butter Market - New Zealand’s Butter Exports Increased by 18% in 2014
New Zealand continued its dominance in the global butter trade. In 2014, New Zealand exported 307 thousand tonnes of butter totaling 1,181 million USD, 18% over the previous year. Its primary trading partner on the global butter market was China, where it supplied 15% of its total butter exports in value terms, accounting for 76% of China's total imports.
From 2007 to 2014, New Zealand was a net exporter of butter. Over this period, exports consistently exceeded imports in value terms. However, in physical terms, the difference was more pronounced.
The Netherlands and Ireland were among the other main global suppliers of butter in 2014. However, the fastest growing exporters from 2007 to 2014 were the U.S. (+13% per year) and Belarus (+13% per year). New Zealand significantly strengthened its position in the global export structure.
In 2014, New Zealand's top 5 trading partners were China, Iran, Egypt, Azerbaijan and Australia, with a combined 44% share of New Zealand's butter exports. The share of China increased significantly (+11 percentage points), while the share of Iran illustrated negative dynamics (-1 percentage points).
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- butter market share
- butter prices
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- butter market forecast
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- key butter producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global butter market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
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The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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