Italy - Butter And Dairy Spreads - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Butter and Dairy Spreads in Italy - 2023
Contents:
- Price for Butter and Dairy Spreads in Italy (CIF) - 2023
- Price for Butter and Dairy Spreads in Italy (FOB) - 2023
- Imports of Butter and Dairy Spreads in Italy
- Exports of Butter and Dairy Spreads in Italy
Price for Butter and Dairy Spreads in Italy (CIF) - 2023
The average butter and dairy spreads import price stood at $5,977 per ton in June 2023, growing by 17% against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in July 2022 when the average import price increased by 17% m-o-m. The import price peaked at $7,111 per ton in November 2022; however, from December 2022 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Denmark ($7,405 per ton), while the price for Croatia ($3,877 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Butter and Dairy Spreads in Italy (FOB) - 2023
In July 2023, the average butter and dairy spreads export price amounted to $6,400 per ton, with an increase of 5.6% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2022 when the average export price increased by 7.5% against the previous month. The export price peaked at $7,522 per ton in December 2022; however, from January 2023 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($7,828 per ton), while the average price for exports to the Czech Republic ($1,159 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Butter and Dairy Spreads in Italy
In 2022, the amount of butter and dairy spreads imported into Italy reached 36K tons, increasing by 2.7% on the year before. The total import volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 20% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, butter and dairy spreads imports skyrocketed to $229M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.6% 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 +79.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 35%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Butter and Dairy Spreads in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 47.9 | 34.3 | 42.4 | 58.0 | 6.6% |
| Netherlands | 30.4 | 22.4 | 31.5 | 50.1 | 18.1% |
| Germany | 31.9 | 31.7 | 40.9 | 46.2 | 13.1% |
| France | 16.9 | 12.5 | 24.9 | 30.0 | 21.1% |
| Czech Republic | 5.1 | 3.9 | 5.5 | 9.6 | 23.5% |
| Spain | 5.8 | 4.8 | 6.4 | 8.4 | 13.1% |
| Poland | 5.7 | 3.4 | 4.2 | 7.0 | 7.1% |
| Denmark | 4.0 | 5.1 | 5.0 | 6.6 | 18.2% |
| Lithuania | 0.8 | 0.6 | 4.0 | 2.2 | 40.1% |
| Croatia | 1.1 | 0.7 | 1.1 | 1.6 | 13.3% |
| Others | 10.7 | 8.4 | 6.7 | 9.3 | -4.6% |
| Total | 160 | 128 | 173 | 229 | 12.7% |
Top Suppliers of Butter and Dairy Spreads to Italy in 2022:
- Netherlands (8.4K tons)
- Belgium (8.4K tons)
- Germany (6.3K tons)
- France (4.9K tons)
- Lithuania (1.6K tons)
- Czech Republic (1.4K tons)
- Spain (1.2K tons)
- Poland (1.1K tons)
- Denmark (1.0K tons)
- Croatia (0.6K tons)
Exports of Butter and Dairy Spreads in Italy
In 2022, after three years of growth, there was significant decline in shipments abroad of butter and dairy spreads, when their volume decreased by -22% to 12K tons. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +5.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 26% against the previous year.
In value terms, butter and dairy spreads exports shrank to $89M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year. As a result, the exports reached the peak of $89M, leveling off in the following year.
| Export of Butter and Dairy Spreads in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 6.1 | 3.8 | 10.8 | 11.1 | 22.1% |
| Germany | 24.9 | 20.9 | 12.2 | 9.2 | -28.2% |
| Austria | 2.8 | 3.9 | 5.4 | 9.1 | 48.1% |
| Belgium | 0.6 | 12.2 | 12.6 | 9.1 | 147.5% |
| Greece | 3.6 | 5.6 | 5.9 | 8.8 | 34.7% |
| Netherlands | 3.1 | 1.3 | 5.1 | 6.2 | 26.0% |
| South Korea | 1.8 | 2.1 | 4.8 | 4.9 | 39.6% |
| France | 0.9 | 1.2 | 1.6 | 3.7 | 60.2% |
| Romania | 1.0 | 1.6 | 3.3 | 3.4 | 50.4% |
| Poland | 1.8 | 4.1 | 8.7 | 3.4 | 23.6% |
| Croatia | 0.3 | 0.8 | 1.2 | 2.9 | 113.0% |
| Denmark | 1.1 | 0.4 | 1.1 | 2.0 | 22.1% |
| Bulgaria | 1.7 | 1.6 | 2.6 | 1.0 | -16.2% |
| Others | 9.1 | 12.2 | 13.8 | 13.8 | 14.9% |
| Total | 58.8 | 71.7 | 89.1 | 88.6 | 14.6% |
Top Export Markets for Butter and Dairy Spreads from Italy in 2022:
- Spain (1616.7 tons)
- Belgium (1469.9 tons)
- Austria (1325.1 tons)
- Greece (1279.5 tons)
- Germany (1238.9 tons)
- Netherlands (918.3 tons)
- South Korea (612.2 tons)
- Poland (533.1 tons)
- France (482.8 tons)
- Romania (438.6 tons)
- Croatia (380.2 tons)
- Denmark (301.6 tons)
- Bulgaria (146.0 tons)
This report provides an in-depth analysis of the market for butter and dairy spreads in Italy. 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 983 - Butter and Ghee of Sheep Milk
- FCL 1022 - Butter of Goat Milk
- FCL 952 - Butter of Buffalo Milk
- FCL 886 - Butter of Cow Milk
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the market for butter and dairy spreads in Italy.
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This report provides an in-depth analysis of the butter and ghee market in Italy.
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This report provides an in-depth analysis of the ghee market in Italy.
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This report provides an in-depth analysis of the butter market in Italy.
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This report provides an in-depth analysis of the dairy produce market in Italy.
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This report provides an in-depth analysis of the dairy spread market in Italy.
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This report provides an in-depth analysis of the global market for butter and dairy spreads.
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This report provides an in-depth analysis of the global butter and ghee market.
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This report provides an in-depth analysis of the global ghee market.
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This report provides an in-depth analysis of the global butter market.
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During the period analyzed, Ghee imports reached a peak of 36K tons in 2019. However, from 2020 to 2023, imports held steady at a lower level. In terms of value, Ghee imports significantly decreased to $225M in 2023.
226
In February 2023, the ghee price stood at $6,832 per ton (CIF, Italy), declining by -11.4% against the previous month.
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Global butter and ghee consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.
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Global butter and ghee exports amounted to X thousand tons in 2015, coming down by -X% against the previous year level.
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Global butter and ghee imports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
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In 2015, the countries with the highest levels of butter and ghee production were Turkey (X thousand tons), Iran (X thousand tons), Syria (X thousand tons), together accounting for X% of total output.
1017
The global butter and ghee market fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015.
2768
The market of butter and ghee fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015. Over the last year, the market dropped by X% in value terms.
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New Zealand seized control of the butter and ghee market. In 2014, New Zealand exported X thousand tons of butter and ghee totaling X USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total but
1565
New Zealand continued its dominance in the global ghee trade. In 2014, New Zealand exported X thousand tons of ghee totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total ghee
