Spain - Butter And Dairy Spreads - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Butter and Dairy Spreads in Spain - 2023
Contents:
- Price for Butter and Dairy Spreads in Spain (CIF) - 2023
- Price for Butter and Dairy Spreads in Spain (FOB) - 2023
- Imports of Butter and Dairy Spreads in Spain
- Exports of Butter and Dairy Spreads in Spain
Price for Butter and Dairy Spreads in Spain (CIF) - 2023
In July 2023, the average butter and dairy spreads import price amounted to $6,054 per ton, shrinking by -3% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 34% month-to-month. Over the period under review, average import prices reached the peak figure at $7,275 per ton in January 2023; however, from February 2023 to July 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the countries with the highest prices were France ($6,980 per ton) and Italy ($6,428 per ton), while the price for Portugal ($5,580 per ton) and Belgium ($5,720 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Portugal (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Butter and Dairy Spreads in Spain (FOB) - 2023
The average butter and dairy spreads export price stood at $6,558 per ton in July 2023, surging by 2.6% against the previous month. In general, the export price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 277% against the previous month. Over the period under review, the average export prices attained the peak figure at $7,053 per ton in February 2023; however, from March 2023 to July 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Cuba ($11,384 per ton), while the average price for exports to China ($4,380 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 China (+49.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Butter and Dairy Spreads in Spain
In 2022, the amount of butter and dairy spreads imported into Spain soared to 32K tons, with an increase of 34% on the previous year. The total import volume increased at an average annual rate of +10.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, butter and dairy spreads imports surged to $177M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.2% 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 +75.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Butter and Dairy Spreads in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 18.7 | 18.5 | 21.2 | 41.7 | 30.6% |
| France | 19.9 | 18.5 | 25.5 | 30.4 | 15.2% |
| Germany | 18.9 | 21.4 | 18.8 | 29.9 | 16.5% |
| Belgium | 21.8 | 20.5 | 22.3 | 25.6 | 5.5% |
| Ireland | 13.0 | 12.5 | 10.3 | 25.1 | 24.5% |
| Italy | 2.9 | 2.9 | 8.1 | 9.0 | 45.9% |
| Portugal | 12.7 | 2.8 | 7.7 | 7.0 | -18.0% |
| Others | 7.7 | 3.7 | 4.6 | 8.0 | 1.3% |
| Total | 116 | 101 | 118 | 177 | 15.1% |
Top Suppliers of Butter and Dairy Spreads to Spain in 2022:
- Germany (7.7K tons)
- Netherlands (6.5K tons)
- France (4.6K tons)
- Ireland (4.6K tons)
- Belgium (4.3K tons)
- Portugal (1.6K tons)
- Italy (1.5K tons)
Exports of Butter and Dairy Spreads in Spain
In 2022, approx. 18K tons of butter and dairy spreads were exported from Spain; jumping by 69% compared with the previous year's figure. Overall, exports continue to indicate a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, butter and dairy spreads exports soared to $57M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.4% 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 +81.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 52% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Butter and Dairy Spreads in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 17.0 | 10.8 | 16.6 | 21.9 | 8.8% |
| Portugal | 4.6 | 4.0 | 4.8 | 11.2 | 34.5% |
| Italy | 11.1 | 7.1 | 11.2 | 8.8 | -7.4% |
| Cuba | 0.4 | 1.8 | 3.4 | 4.8 | 128.9% |
| Morocco | 0.2 | 0.2 | 1.1 | 2.3 | 125.7% |
| Netherlands | 8.9 | 0.3 | 4.1 | 2.2 | -37.2% |
| Others | 6.6 | 7.2 | 6.7 | 6.0 | -3.1% |
| Total | 48.8 | 31.4 | 47.9 | 57.2 | 5.4% |
Top Export Markets for Butter and Dairy Spreads from Spain in 2022:
- France (7.6K tons)
- Portugal (5.2K tons)
- Italy (1.9K tons)
- Cuba (0.8K tons)
- Netherlands (0.7K tons)
- Morocco (0.5K tons)
This report provides an in-depth analysis of the market for butter and dairy spreads in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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 Spain.
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This report provides an in-depth analysis of the butter and ghee market in Spain.
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This report provides an in-depth analysis of the ghee market in Spain.
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This report provides an in-depth analysis of the butter market in Spain.
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This report provides an in-depth analysis of the dairy produce market in Spain.
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This report provides an in-depth analysis of the dairy spread market in Spain.
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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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In November 2022, the import growth rate reached its peak with a month-to-month increase of 34%. In terms of value, the imports of Butter And Ghee slightly decreased to $17M in August 2023.
238
The growth of butter imports remained relatively low from September 2022 to July 2023. In terms of value, butter imports slightly contracted to $14M in July 2023.
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In July 2023, the import growth of Dairy Produce remained steady at a lower figure, expanding slightly in value to $258M.
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In March 2023, the dairy spread price amounted to $5,991 per ton (CIF, Spain), rising by 8.2% against the previous month.
7817
Global butter and ghee consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.
2826
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.
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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.
