Italy - Buttermilk And Buttermilk Powder - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Buttermilk and Buttermilk Powder in Italy - 2023
Contents:
- Price for Buttermilk and Buttermilk Powder in Italy (CIF) - 2023
- Price for Buttermilk and Buttermilk Powder in Italy (FOB) - 2023
- Imports of Buttermilk and Buttermilk Powder in Italy
- Exports of Buttermilk and Buttermilk Powder in Italy
Price for Buttermilk and Buttermilk Powder in Italy (CIF) - 2023
The average buttermilk and buttermilk powder import price stood at $1,934 per ton in August 2023, with a decrease of -1.6% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.1%. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 12% against the previous month. Over the period under review, average import prices reached the peak figure at $2,039 per ton in April 2023; however, from May 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($2,704 per ton), while the price for Croatia ($1,336 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 Belgium (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Buttermilk and Buttermilk Powder in Italy (FOB) - 2023
The average buttermilk and buttermilk powder export price stood at $3,229 per ton in August 2023, which is down by -17.4% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 an increase of 18% month-to-month. Over the period under review, the average export prices hit record highs at $4,434 per ton in January 2023; however, from February 2023 to August 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was France ($6,084 per ton), while the average price for exports to Albania ($1,268 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Buttermilk and Buttermilk Powder in Italy
For the fourth year in a row, Italy recorded growth in purchases abroad of buttermilk and buttermilk powder, which increased by 9.1% to 103K tons in 2022. The total import volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 13%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, buttermilk and buttermilk powder imports expanded modestly to $182M in 2022. The total import value increased at an average annual rate of +8.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Buttermilk and Buttermilk Powder in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 54.8 | 60.5 | 63.9 | 60.4 | 3.3% |
| Austria | 15.8 | 25.6 | 39.0 | 50.8 | 47.6% |
| Spain | 20.3 | 26.8 | 30.9 | 31.2 | 15.4% |
| Germany | 12.2 | 11.1 | 13.2 | 13.2 | 2.7% |
| Greece | 10.9 | 15.1 | 7.9 | 7.2 | -12.9% |
| Belgium | 19.6 | 15.8 | 8.3 | 6.1 | -32.2% |
| Croatia | 1.0 | 1.4 | 2.1 | 3.0 | 44.2% |
| Others | 9.0 | 9.5 | 8.6 | 10.1 | 3.9% |
| Total | 144 | 166 | 174 | 182 | 8.1% |
Top Suppliers of Buttermilk and Buttermilk Powder to Italy in 2022:
- Austria (34.0K tons)
- France (32.0K tons)
- Spain (15.3K tons)
- Belgium (6.1K tons)
- Germany (4.9K tons)
- Greece (2.9K tons)
- Croatia (2.9K tons)
Exports of Buttermilk and Buttermilk Powder in Italy
In 2022, overseas shipments of buttermilk and buttermilk powder decreased by -32.8% to 2.4K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 16%. As a result, the exports reached the peak of 3.8K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, buttermilk and buttermilk powder exports reduced sharply to $8.9M in 2022. Overall, exports faced a abrupt descent. The growth pace was the most rapid in 2020 when exports increased by 12%. As a result, the exports reached the peak of $19M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Buttermilk and Buttermilk Powder in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 283 | 1,206 | 2,678 | 2,070 | 94.1% |
| France | 1,395 | 1,804 | 1,523 | 1,046 | -9.2% |
| United Kingdom | 8,997 | 10,059 | 6,929 | 1,008 | -51.8% |
| Austria | 987 | 824 | 503 | 608 | -14.9% |
| Malta | 287 | 357 | 418 | 466 | 17.5% |
| Netherlands | 224 | 203 | 196 | 344 | 15.4% |
| Spain | 803 | 888 | 362 | 284 | -29.3% |
| Belgium | 114 | 112 | 166 | 267 | 32.8% |
| Slovenia | 94.5 | 155 | 304 | 221 | 32.7% |
| Albania | 98.2 | 46.1 | 114 | 169 | 19.8% |
| Lithuania | 8.5 | 7.7 | 20.8 | 138 | 153.2% |
| United Arab Emirates | 228 | 174 | 252 | 128 | -17.5% |
| Hong Kong SAR | 5.3 | 13.8 | 24.8 | 109 | 174.0% |
| Others | 3,462 | 3,250 | 2,539 | 2,001 | -16.7% |
| Total | 16,985 | 19,100 | 16,030 | 8,860 | -19.5% |
Top Export Markets for Buttermilk and Buttermilk Powder from Italy in 2022:
- China (395.3 tons)
- France (321.6 tons)
- United Kingdom (265.0 tons)
- Malta (227.8 tons)
- Austria (144.8 tons)
- Slovenia (105.6 tons)
- Netherlands (89.5 tons)
- United Arab Emirates (71.2 tons)
- Belgium (63.6 tons)
- Albania (60.4 tons)
- Spain (58.3 tons)
- Lithuania (56.8 tons)
- Hong Kong SAR (52.6 tons)
This report provides an in-depth analysis of the market for buttermilk and buttermilk powder 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 893 - Buttermilk, Curdled Milk, Acidified 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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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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