
EU - Whey - Market Analysis, Forecast, Size, Trends and Insights
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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 tonnes of whey were exported, surging by 7.2% compared with the year before.
Germany (542K tonnes), distantly followed by France (328K tonnes), Italy (324K tonnes), the Netherlands (310K tonnes), Denmark (212K tonnes), Poland (211K tonnes), Belgium (149K tonnes) and Ireland (132K tonnes) represented the key exporters of whey, together comprising 80% of total volume. The following exporters - Austria (123K tonnes), Latvia (72K tonnes), Spain (63K tonnes), the Czech Republic (58K tonnes) and Sweden (48K tonnes) - 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 tonne, 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 tonne), while Sweden ($192 per tonne) 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 tonnes) and the Netherlands (536K tonnes) were the key importers of whey in 2021, recording near 28% and 27% of total volume, respectively. It was distantly followed by France (202K tonnes), Denmark (168K tonnes) and Poland (92K tonnes), together generating a 23% share of total imports. Italy (81K tonnes), Belgium (80K tonnes), Lithuania (53K tonnes), Austria (51K tonnes), and the Czech Republic (50K tonnes) 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.
Source: IndexBox Platform
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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