Global Ice Cream Market Overview 2020

Ice Cream Market Size

The global ice cream market reached $X in 2019, remaining stable against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when the market value increased by X% y-o-y. Global consumption peaked in 2019 and is likely to continue growth in the near future.

Ice Cream Production

In value terms, ice cream production totaled $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, global production reached the peak level in 2019 and is likely to continue growth in years to come.

Production By Country

The countries with the highest volumes of ice cream production in 2019 were China (X tonnes), the U.S. (X tonnes) and Iran (X tonnes), with a combined X% share of global production.

From 2007 to 2019, the biggest increases were in Iran, while ice cream production for the other global leaders experienced more modest paces of growth.

Ice Cream Exports

Exports

In 2019, approx. X tonnes of ice cream were exported worldwide; growing by X% on the previous year's figure. Overall, total exports indicated notable growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2010 indices. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Global exports peaked in 2019 and are expected to retain growth in the near future.

In value terms, ice cream exports shrank to $X in 2019. The total export value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. As a result, exports attained the peak of $X, leveling off in the following year.

Exports by Country

Germany (X tonnes), France (X tonnes), Belgium (X tonnes), the Netherlands (X tonnes), Poland (X tonnes), the U.S. (X tonnes), Italy (X tonnes), the UK (X tonnes), Spain (X tonnes), Thailand (X tonnes), Hungary (X tonnes) and China (X tonnes) represented roughly X% of total exports of ice cream in 2019.

From 2007 to 2019, the biggest increases were in Poland, while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest ice cream supplying countries worldwide were Germany ($X), France ($X) and Belgium ($X), together comprising X% of global exports. These countries were followed by the Netherlands, the U.S., Italy, Poland, Spain, the UK, Hungary, Thailand and China, which together accounted for a further X U.S. recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average ice cream export price stood at $X per tonne in 2019, shrinking by -X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. As a result, export price attained the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per tonne), while China ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the other global leaders experienced more modest paces of growth.

Ice Cream Imports

Imports

In 2019, approx. X tonnes of ice cream were imported worldwide; picking up by X% compared with the previous year's figure. The total import volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Global imports peaked in 2019 and are likely to see steady growth in the immediate term.

In value terms, ice cream imports shrank modestly to $X in 2019. The total import value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2008 when imports increased by X% year-to-year. Over the period under review, global imports attained the peak figure at $X in 2018, and then dropped in the following year.

Imports by Country

In 2019, Germany (X tonnes) and the UK (X tonnes) represented the major importers of ice creamaround the world, together comprising X% of total imports. France (X tonnes) held the next position in the ranking, followed by the Netherlands (X tonnes) and Spain (X tonnes). All these countries together took approx. X% share of total imports. Belgium (X tonnes), Portugal (X tonnes), Italy (X tonnes), Austria (X tonnes), Ireland (X tonnes), Saudi Arabia (X tonnes) and Hungary (X tonnes) held a relatively small share of total imports.

From 2007 to 2019, the biggest increases were in Saudi Arabia, while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and France ($X) constituted the countries with the highest levels of imports in 2019, together comprising X% of global imports. The Netherlands, Spain, Belgium, Italy, Saudi Arabia, Portugal, Austria, Ireland and Hungary lagged somewhat behind, together comprising a further X the main importing countries, Saudi Arabia recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average ice cream import price stood at $X per tonne in 2019, waning by -X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Saudi Arabia ($X per tonne), while Hungary ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ice cream in the world?

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The countries with the highest volumes of ice cream consumption in 2019 were China (4.7M tonnes), the U.S. (2.8M tonnes) and Iran (1.3M tonnes), with a combined 47% share of global consumption.

What are the largest producers of ice cream in the world?

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The countries with the highest volumes of ice cream production in 2019 were China (4.7M tonnes), the U.S. (2.8M tonnes) and Iran (1.3M tonnes), with a combined 48% share of global production.

What are the leading exporters of ice cream in the world?

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In value terms, Germany ($556M), France ($555M) and Belgium ($415M) constituted the countries with the highest levels of exports in 2019, with a combined 36% share of global exports. The Netherlands, the U.S., Italy, Poland, Spain, the UK, Hungary, Thailand and China lagged somewhat behind, together accounting for a further 37%.

What are the leading importers of ice cream in the world?

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In value terms, the largest ice cream importing markets worldwide were Germany ($422M), the UK ($410M) and France ($276M), together accounting for 26% of global imports. The Netherlands, Spain, Belgium, Italy, Saudi Arabia, Portugal, Austria, Ireland and Hungary lagged somewhat behind, together accounting for a further 27%.

What is the average export price for ice cream in the world?

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The average ice cream export price stood at $2,996 per tonne in 2019, declining by -2.7% against the previous year.

What is the average import price for ice cream in the world?

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The average ice cream import price stood at $2,844 per tonne in 2019, falling by -3.8% against the previous year.