
EU - Whey - Market Analysis, Forecast, Size, Trends and Insights
Whey Exports in EU Surpass $2.7B
IndexBox has just published a new report: 'EU - Whey - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.
Whey exports in the EU surged from $2.4B in 2020 to $2.7B in 2021. In physical terms, approx. 2.8M tons of whey were exported, surging by 7.2% compared with the year before.
Germany (542K tons), distantly followed by France (328K tons), Italy (324K tons), the Netherlands (310K tons), Denmark (212K tons), Poland (211K tons), Belgium (149K tons) and Ireland (132K tons) represented the key exporters of whey, together comprising 80% of total volume. The following exporters - Austria (123K tons), Latvia (72K tons), Spain (63K tons), the Czech Republic (58K tons) and Sweden (48K tons) - together made up 13% of total exports.
In value terms, the largest whey supplying countries in the EU were Germany ($630M), France ($460M) and the Netherlands ($343M), together comprising 52% of total supplies. These countries were followed by Italy, Ireland, Poland, Austria, Denmark, Spain, the Czech Republic, Belgium, Latvia and Sweden, which accounted for a further 42%.
In terms of the main exporting countries, the Czech Republic (+48%) saw the highest growth rate of the value of exports over the last year. Other leaders experienced more modest paces of growth.
Whey Export Prices by Country
In 2021, the whey export price in the EU amounted to $991 per ton, growing by 8% against the previous year. There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Ireland ($1,797 per ton), while Sweden ($192 per ton) was amongst the lowest. In 2021, the most notable rate of growth in terms of prices was attained by Italy, while the other leaders experienced more modest paces of growth.
Leading Whey Imports in the EU
Germany (552K tons) and the Netherlands (536K tons) were the key importers of whey in 2021, recording near 28% and 27% of total volume, respectively. It was distantly followed by France (202K tons), Denmark (168K tons) and Poland (92K tons), together generating a 23% share of total imports. Italy (81K tons), Belgium (80K tons), Lithuania (53K tons), Austria (51K tons), and the Czech Republic (50K tons) took a relatively small share of total imports.
In value terms, the Netherlands ($551M) constitutes the largest market for imported whey in the EU, comprising 34% of total supplies. The second position in the ranking was occupied by Germany ($245M), with a 15% share of total imports. It was followed by France, with a 13% share.
This report provides an in-depth analysis of the whey market in the EU. 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 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
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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