World - Butter - Market Analysis, Forecast, Size, Trends and Insights
Butter Market - New Zealand Strengthened Leadership in Global Butter Supplies
Photo: © GeorgeRudy / Bigstockphoto
The global trade in butter amounted to 6,742 million USD in 2015, fluctuating wildly over the period under review. A significant drop in 2009 was followed by a recovery over the next two years, until exports decreased again. Overall, there was an annual increase of 3.1% from 2007 to 2015.
New Zealand remained far ahead other suppliers of butter in 2015, with butter exports totaling 1638 million USD. This accounted for a 24% share in terms of global exports. The Netherlands, Ireland, Germany, and Belgium were the other key global suppliers of butter in 2015, with a 42% combined share of global exports.
New Zealand (+8.1% per year) and the Netherlands (+6.8% per year) were the fastest growing exporters on the global butter market from 2007 to 2015. New Zealand significantly strengthened its position in the global export structure, growing its share from 17% in 2007 to 24% in 2015.
On the other hand, France (11%, based on value terms), Germany (8%), Belgium (8%), the Netherlands (7%), and the UK (6%) were the leading destinations of butter imports in 2015. Imports to the Netherlands grew at a quick pace of +7.1% per year from 2007 to 2015. By contrast, Germany significantly contracted its imports of butter over the same period. The Netherlands grew its share of global imports by +2 percentage points, while the remainder of the major importers saw a decline in their import shares.
Do you want to know more about the global butter market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- butter market share
- butter prices
- butter industry
- butter sales
- butter market forecast
- butter price forecast
- 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.
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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