Global Buttermilk Market 2020

Buttermilk Market Size

The global buttermilk market revenue amounted to $X in 2017, increasing by X% against the previous year. In general, buttermilk consumption continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2013, when it surged by X% year-to-year. Over the period under review, the global buttermilk market reached its maximum level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Buttermilk Production

Global buttermilk production amounted to X tons in 2017, surging by X% against the previous year. Overall, buttermilk production continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2013, with an increase of X% y-o-y. Global buttermilk production peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Buttermilk Exports

In 2017, the amount of buttermilk exported worldwide amounted to X tons, jumping by X% against the previous year. Overall, buttermilk exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, with an increase of X% year-to-year. Over the period under review, the global buttermilk exports attained its peak figure volume of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, buttermilk exports stood at $X in 2017. In general, buttermilk exports continue to indicate a relatively flat trend pattern. Over the period under review, the global buttermilk exports attained its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Buttermilk Exports by Country

In 2017, Germany (X tons), France (X tons) and Belgium (X tons) represented the main exporters of buttermilk in the world, comprising X% of total export. It was distantly followed by Belarus (X tons), achieving X% share of total exports. Russia (X tons), Thailand (X tons), Spain (X tons), Poland (X tons), New Zealand (X tons), the Netherlands (X tons), Slovakia (X tons) and the UK (X tons) held the slight share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Slovakia (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Belgium ($X) constituted the countries with the highest levels of exports in 2017, together accounting for X% of global exports. New Zealand, Belarus, Spain, Russia, Poland, Thailand, the Netherlands, the UK and Slovakia lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries , Belarus (+X% per year) recorded the highest rates of growth with regard to exports, over the last decade, while the other global leaders experienced more modest paces of growth.

Buttermilk Export Prices by Country

The average buttermilk export price stood at $X per ton in 2017, jumping by X% against the previous year. Overall, buttermilk export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when the average export prices increased by X% against the previous year. Over the period under review, the average export prices for buttermilk reached its peak figure level of $X per ton in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was New Zealand ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the UK (+X% per year), while the other global leaders experienced more modest paces of growth.

Buttermilk Imports

In 2017, the global imports of buttermilk totaled X tons, stabilizing at the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2010, with an increase of X% against the previous year. Over the period under review, the global buttermilk imports reached its maximum volume of X tons in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, buttermilk imports stood at $X in 2017. In general, buttermilk imports continue to indicate a relatively flat trend pattern. Over the period under review, the global buttermilk imports reached its maximum level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Buttermilk Imports by Country

In 2017, the UK (X tons), distantly followed by the Netherlands (X tons), Italy (X tons), Russia (X tons) and Germany (X tons) represented the main importers of buttermilk, together committing X% of total imports. Belgium (X tons), France (X tons), Kazakhstan (X tons), Poland (X tons), Spain (X tons), the Philippines (X tons) and Ireland (X tons) followed a long way behind the leaders.

Imports into the UK increased at an average annual rate of +X% from 2007 to 2017. At the same time, Russia (+X%), Germany (+X%), Poland (+X%), the Netherlands (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. The Philippines, Spain and Kazakhstan experienced a relatively flat trend pattern. By contrast, Belgium (-X%), France (-X%) and Ireland (-X%) illustrated a downward trend over the same period. While the share of France (X%) and Ireland (X%) increased significantly in terms of the global imports from 2007-2017, the share of Italy (-X%), the Netherlands (-X%), Germany (-X%), Russia (-X%) and the UK (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the UK ($X) constitutes the largest market for imported buttermilk worldwide, making up X% of global imports. The second position in the ranking was occupied by Italy ($X), with a X% share of global imports. It was followed by the Netherlands, with a X% share.

In the UK, buttermilk imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Italy (+X% per year) and the Netherlands (+X% per year).

Buttermilk Import Prices by Country

In 2017, the average buttermilk import price amounted to $X per ton, increasing by X% against the previous year. Overall, buttermilk import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, an increase of X% against the previous year. Global import price peaked of $X per ton in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was the Philippines ($X per ton), while Germany ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Ireland (+X% per year), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform