Eastern Europe: Market for Buttermilk And Buttermilk Powder 2024

Market Size for Buttermilk And Buttermilk Powder in Eastern Europe

In 2022, the East European buttermilk and buttermilk powder market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, saw a perceptible setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Buttermilk And Buttermilk Powder in Eastern Europe

In value terms, buttermilk and buttermilk powder production expanded to $X in 2022 estimated in export price. In general, production showed a pronounced setback. The growth pace was the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Buttermilk And Buttermilk Powder

Exports in Eastern Europe

In 2022, shipments abroad of buttermilk and buttermilk powder decreased by X% to X tons for the first time since 2015, thus ending a six-year rising trend. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The volume of export peaked at X tons in 2021, and then shrank modestly in the following year.

In value terms, buttermilk and buttermilk powder exports stood at $X in 2022. Total exports indicated a notable expansion from 2012 to 2022: its value 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, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Poland (X tons) and Belarus (X tons) represented roughly X% of total exports in 2022. Russia (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by the Czech Republic (X%). The following exporters - Hungary (X tons), Lithuania (X tons) and Estonia (X tons) - together made up X% of total exports.

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

In value terms, Poland ($X), Belarus ($X) and Russia ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. The Czech Republic, Hungary, Lithuania and Estonia lagged somewhat behind, together accounting for a further X%.

Hungary, with a CAGR of X%, saw the highest growth rate of 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

The export price in Eastern Europe stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The level of export peaked at $X per ton in 2014; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

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

Imports of Buttermilk And Buttermilk Powder

Imports in Eastern Europe

In 2022, approx. X tons of buttermilk and buttermilk powder were imported in Eastern Europe; with an increase of X% against the year before. Overall, imports posted prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, buttermilk and buttermilk powder imports expanded notably to $X in 2022. Total imports indicated a remarkable increase from 2012 to 2022: its value 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, imports increased by X% against 2015 indices. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

Russia dominates imports structure, accounting for X tons, which was near X% of total imports in 2022. Poland (X tons) held the second position in the ranking, followed by Romania (X tons) and Hungary (X tons). All these countries together held near X% share of total imports. The following importers - the Czech Republic (X tons), Slovakia (X tons) and Latvia (X tons) - each finished at a X% share of total imports.

Russia was also the fastest-growing in terms of the buttermilk and buttermilk powder imports, with a CAGR of X% from 2012 to 2022. At the same time, Poland (X%), Romania (X%), Latvia (X%), Slovakia (X%) and Hungary (X%) displayed positive paces of growth. The Czech Republic experienced a relatively flat trend pattern. From 2012 to 2022, the share of Russia and Poland increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported buttermilk and buttermilk powder in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Poland ($X), with a X% share of total imports. It was followed by Romania, with a X% share.

In Russia, buttermilk and buttermilk powder imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Poland (X% per year) and Romania (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the import price showed a noticeable contraction. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Slovakia ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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