Poland - Butter - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Poland - Butter - Market Analysis, Forecast, Size, Trends and Insights

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Butter Price in Poland - 2023

Contents:

  1. Butter Price in Poland (FOB) - 2023
  2. Butter Price in Poland (CIF) - 2023
  3. Butter Exports in Poland
  4. Butter Imports in Poland

Butter Price in Poland (FOB) - 2023

The average butter export price stood at $5,329 per ton in August 2023, approximately equating the previous month. Overall, the export price, however, continues to indicate a slight contraction. The pace of growth was the most pronounced in March 2023 an increase of 3.9% against the previous month. The export price peaked at $6,973 per ton in November 2022; however, from December 2022 to August 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In August 2023, the highest price was recorded for prices to Croatia ($7,056 per ton) and France ($6,594 per ton), while the average price for exports to Bahrain ($5,106 per ton) and the Czech Republic ($5,109 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Butter Price in Poland (CIF) - 2023

In August 2023, the average butter import price amounted to $5,769 per ton, growing by 45% against the previous month. In general, the import price, however, continues to indicate a mild descent. The import price peaked at $7,276 per ton in January 2023; however, from February 2023 to August 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($8,491 per ton), while the price for Italy ($4,709 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Denmark (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Butter Exports in Poland

In 2022, the amount of butter exported from Poland surged to 72K tons, rising by 54% compared with the previous year's figure. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +10.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, butter exports soared to $480M in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Butter in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic50.842.659.892.722.2%
Netherlands25.620.416.566.637.5%
France15.05.68.163.561.8%
Germany22.613.713.340.921.9%
Romania20.623.525.439.223.9%
Slovakia21.620.124.830.311.9%
Lithuania15.215.015.326.820.8%
Belgium2.82.91.720.293.2%
Latvia10.38.513.619.724.1%
Hungary6.94.95.79.310.5%
Serbia10.03.97.58.2-6.4%
United Kingdom5.75.76.67.38.6%
Others34.855.235.555.616.9%
Total24222223448025.6%

Top Export Markets for Butter from Poland in 2022:

  1. Czech Republic (13.4K tons)
  2. Netherlands (9.7K tons)
  3. France (9.4K tons)
  4. Germany (7.2K tons)
  5. Romania (5.7K tons)
  6. Slovakia (4.4K tons)
  7. Lithuania (3.9K tons)
  8. Belgium (3.2K tons)
  9. Latvia (3.1K tons)
  10. Serbia (1.5K tons)
  11. Hungary (1.3K tons)
  12. United Kingdom (0.9K tons)

Butter Imports in Poland

In 2022, approx. 20K tons of butter were imported into Poland; with an increase of 2.6% compared with the previous year. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +18.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.3% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, butter imports skyrocketed to $123M in 2022. In general, imports posted significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 56% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Butter in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine0.9N/A0.231.6227.5%
Germany18.119.126.326.113.0%
Netherlands16.310.418.322.611.5%
Finland2.64.69.99.352.9%
Ireland6.57.18.28.38.5%
France1.63.93.66.156.2%
Denmark4.25.18.15.811.4%
United Kingdom3.60.83.20.5-48.2%
Others4.08.415.012.847.4%
Total57.859.492.812328.6%

Top Suppliers of Butter to Poland in 2022:

  1. Ukraine (5.2K tons)
  2. Germany (3.8K tons)
  3. Netherlands (3.6K tons)
  4. Finland (1.6K tons)
  5. Ireland (1.4K tons)
  6. Denmark (1.1K tons)
  7. France (1.0K tons)
  8. United Kingdom (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the butter market in Poland. 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.

Product coverage:

  • FCL 886 - Butter of Cow Milk

Country coverage:

  • Poland

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Poland
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Eye 130

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Eye 136

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Free Data: Butter - Poland