Eastern Europe: Market for Butter And Dairy Spreads 2024

Market Size for Butter And Dairy Spreads in Eastern Europe

The East European butter and dairy spreads market fell remarkably to $X in 2022, declining by X% against the previous year. Over the period under review, consumption recorded a noticeable reduction. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Butter And Dairy Spreads in Eastern Europe

In value terms, butter and dairy spreads production dropped to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

The countries with the highest volumes of production in 2022 were Belarus (X tons), Poland (X tons) and Ukraine (X tons), together comprising X% of total production. Lithuania and Estonia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Estonia (with a CAGR of X%), while production for the other leaders experienced a decline in the production figures.

Exports of Butter And Dairy Spreads

Exports in Eastern Europe

In 2022, approx. X tons of butter and dairy spreads were exported in Eastern Europe; picking up by X% compared with 2021 figures. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, butter and dairy spreads exports skyrocketed to $X in 2022. Overall, exports showed a resilient increase. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

Exports by Country

Belarus (X tons) and Poland (X tons) dominates exports structure, together creating X% of total exports. It was distantly followed by Ukraine (X tons), achieving a X% share of total exports. The following exporters - Lithuania (X tons) and the Czech Republic (X tons) - each recorded a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Ukraine (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X), Poland ($X) and Ukraine ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Ukraine, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, surging by X% against the previous year. Export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butter and dairy spreads export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in the Czech Republic ($X per ton) and Poland ($X per ton), while Ukraine ($X per ton) and Belarus ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Imports of Butter And Dairy Spreads

Imports in Eastern Europe

In 2022, supplies from abroad of butter and dairy spreads decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports showed a pronounced reduction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, butter and dairy spreads imports contracted remarkably to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Russia (X tons), the Czech Republic (X tons), Poland (X tons), Romania (X tons) and Slovakia (X tons) was the largest importer of butter and dairy spreads in Eastern Europe, mixing up X% of total import. Bulgaria (X tons) took the next position in the ranking, followed by Hungary (X tons). All these countries together held approx. X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Russia ($X) and Poland ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Romania, Slovakia, Bulgaria and Hungary lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Romania, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, increasing by X% against the previous year. Import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butter and dairy spreads import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in the Czech Republic ($X per ton) and Hungary ($X per ton), while Russia ($X per ton) and Slovakia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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