EU: Cream Market 2021

Cream Market Size in the EU

The EU cream market rose markedly to $X in 2020, with an increase of X% against the previous year. The total consumption indicated perceptible growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. The level of consumption peaked in 2020 and is likely to continue growth in the near future.

Cream Production in the EU

In value terms, cream production rose slightly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.

Production By Country in the EU

The countries with the highest volumes of cream production in 2020 were Germany (X tons), France (X tons) and Spain (X tons), with a combined X% share of total production. Poland, the Czech Republic, Italy, Sweden, Lithuania, Denmark, Ireland, Romania and Finland lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Ireland, while cream production for the other leaders experienced more modest paces of growth.

Cream Exports

Exports in the EU

In 2020, approx. X tons of cream were exported in the European Union; increasing by X% compared with the previous year's figure. Over the period under review, exports, however, showed a pronounced slump. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. The volume of export peaked at X tons in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

In value terms, cream exports rose remarkably to $X in 2020. In general, exports, however, showed a slight shrinkage. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. As a result, exports attained the peak of $X. From 2012 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

The Czech Republic (X tons) and Poland (X tons) represented roughly X% of total exports of cream in 2020. It was distantly followed by Lithuania (X tons), Slovakia (X tons), Germany (X tons), Ireland (X tons) and Denmark (X tons), together mixing up a X% share of total exports.

From 2007 to 2020, the biggest increases were in the Czech Republic, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X), Poland ($X) and the Czech Republic ($X) constituted the countries with the highest levels of exports in 2020, together accounting for X% of total exports.

Among the main exporting countries, Ireland saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the cream export price in the European Union amounted to $X per ton, picking up by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 when the export price increased by X% y-o-y. Over the period under review, export prices reached the maximum in 2020 and is expected to retain growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was Ireland ($X per ton), while Germany ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Ireland, while the other leaders experienced more modest paces of growth.

Cream Imports

Imports in the EU

For the eleventh consecutive year, the European Union recorded growth in overseas purchases of cream, which increased by X% to X tons in 2020. In general, imports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2020 and are likely to see gradual growth in the near future.

In value terms, cream imports rose notably to $X in 2020. Over the period under review, imports continue to indicate a strong expansion. The growth pace was the most rapid in 2010 when imports increased by X% y-o-y. The level of import peaked in 2020 and is expected to retain growth in the immediate term.

Imports by Country

In 2020, Germany (X tons), distantly followed by the Netherlands (X tons), France (X tons), Italy (X tons), Spain (X tons), Belgium (X tons) and Greece (X tons) were the key importers of cream, together creating X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Greece, while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Italy ($X) were the countries with the highest levels of imports in 2020, together accounting for X% of total imports. Belgium, Spain, the Netherlands and Greece lagged somewhat behind, together accounting for a further X recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The cream import price in the European Union stood at $X per ton in 2020, approximately equating the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2011; afterwards, it flattened through to 2020.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the other leaders experienced more modest paces of growth.

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