Global Ice Cream Market Overview 2021

Ice Cream Market Size

The global ice cream market reached $X in 2019, leveling off at the previous year. The market 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 being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when the market value increased by X% y-o-y. Over the period under review, the global market hit record highs in 2019 and is expected to retain growth in years to come.

Ice Cream Production

In value terms, ice cream production rose rapidly to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, global production hit record highs in 2019 and is expected to retain growth in the immediate term.

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), together comprising X% of global production.

From 2007 to 2019, the most notable rate of growth in terms of ice cream production, amongst the key producing countries, was attained by Iran, while ice cream production for the other global leaders experienced more modest paces of growth.

Ice Cream Exports

Exports

For the eighth consecutive year, the global market recorded growth in shipments abroad of ice cream, which increased by X% to X tonnes in 2019. In general, total exports indicated a temperate increase 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 appeared the most rapid in 2018 with an increase of X% y-o-y. Global exports peaked in 2019 and are likely to continue 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 in certain years. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. As a result, exports reached the peak of $X, leveling off in the following year.

Exports by Country

The biggest shipments were from 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), Hungary (X tonnes), China (X tonnes) and Thailand (X tonnes), together accounting for X% of total export. The United Arab Emirates (X tonnes) held a relatively small share of total exports.

From 2007 to 2019, the biggest increases were in the United Arab Emirates, while shipments for 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 2019, together comprising X% of global exports. These countries were followed by the Netherlands, the U.S., Italy, Poland, Spain, the UK, Hungary, Thailand, the United Arab Emirates and China, which together accounted for a further X terms of the main exporting countries, the United Arab Emirates saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average ice cream export price amounted to $X per tonne, declining by -X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% y-o-y. 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 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 Thailand, 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; increasing by X% compared with the year before. 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 when imports increased by X% year-to-year. Over the period under review, global imports attained the peak figure in 2019 and are likely to see gradual growth in the near future.

In value terms, ice cream imports declined slightly to $X in 2019. The total import value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

Germany (X tonnes) and the UK (X tonnes) represented the major importers of ice cream in 2019, reaching approx. X% and X% of total imports, respectively. France (X tonnes) took a X% share (based on tonnes) of total imports, which put it in second place, followed by the Netherlands (X%) and Spain (X%). Belgium (X tonnes), Portugal (X tonnes), Italy (X tonnes), Austria (X tonnes), Ireland (X tonnes), Saudi Arabia (X tonnes), Hungary (X tonnes) and Poland (X tonnes) occupied a little share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Saudi Arabia, while imports for the other global leaders experienced more modest paces of growth.

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

Import Prices by Country

In 2019, the average ice cream import price amounted to $X per tonne, waning by -X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. 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 somewhat lower figure.

Prices varied noticeably by the country of destination; 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 Poland, 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. (3.4M tonnes) and Iran (1.3M tonnes), together comprising 49% of global production.

What are the leading suppliers 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, together comprising 36% of global exports. The Netherlands, the U.S., Italy, Poland, Spain, the UK, Hungary, Thailand, the United Arab Emirates and China lagged somewhat behind, together accounting for a further 39%.

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

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In value terms, Germany ($422M), the UK ($410M) and France ($276M) constituted the countries with the highest levels of imports in 2019, with a combined 26% share of global imports. These countries were followed by the Netherlands, Spain, Belgium, Italy, Saudi Arabia, Portugal, Austria, Poland, Ireland and Hungary, which together accounted for a further 29%.

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

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In 2019, the average ice cream export price amounted to $3,017 per tonne, declining by -1.9% against the previous year.

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

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In 2019, the average ice cream import price amounted to $2,832 per tonne, reducing by -4.2% against the previous year.