Global Ice Cream Market Overview 2021

Ice Cream Market Size

For the fifth year in a row, the global ice cream market recorded growth in sales value, which increased by X% to $X in 2020. Overall, consumption showed a slight increase. The most prominent rate of growth was recorded in 2008 when the market value increased by X% against the previous year. Global consumption peaked in 2020 and is expected to retain growth in the near future.

Ice Cream Production

In value terms, ice cream production totaled $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 remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% y-o-y. Global production peaked in 2020 and is likely to continue growth in the near future.

Production By Country

The countries with the highest volumes of ice cream production in 2020 were China (X tonnes), the U.S. (X tonnes) and Iran (X tonnes), together accounting for X% of global production.

From 2007 to 2020, 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

In 2020, the amount of ice cream exported worldwide expanded modestly to X tonnes, with an increase of X% on 2019. Over the period under review, total exports indicated a moderate increase from 2007 to 2020: its volume 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, exports decreased by -X% against 2018 indices. The growth pace was the most rapid in 2018 when exports increased by X% year-to-year. As a result, exports reached the peak of X tonnes; afterwards, it flattened through to 2020.

In value terms, ice cream exports rose to $X in 2020. Overall, total exports indicated measured 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, exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, global exports reached the maximum in 2020 and are expected to retain growth in the immediate term.

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), Hungary (X tonnes), Thailand (X tonnes), Spain (X tonnes) and China (X tonnes), together recording X% of total export. Slovenia (X tonnes) held a little share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Slovenia, while exports 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 2020, together accounting for X% of global exports. These countries were followed by the Netherlands, Italy, the U.S., Poland, the UK, Hungary, Spain, Thailand, Slovenia and China, which together accounted for a further X the main exporting countries, Slovenia saw the highest rates of growth with regard to 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

The average ice cream export price stood at $X per tonne in 2020, with an increase of X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. As a result, export price reached the peak level of $X per tonne. from 2009 to 2020, the growth in terms of the average export prices failed to regain the momentum.

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 2020, 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 2020, supplies from abroad of ice cream decreased by -X% to X tonnes for the first time since 2009, thus ending a ten-year rising trend. The total import volume increased at an average annual rate of +X% from 2007 to 2020; 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 hit record highs at X tonnes in 2019, and then reduced slightly in the following year.

In value terms, ice cream imports amounted to $X in 2020. The total import value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Global imports peaked at $X in 2018; afterwards, it flattened through to 2020.

Imports by Country

The purchases of the six major importers of ice cream, namely Germany, the UK, the Netherlands, France, Belgium and Spain, represented more than third of total import. The U.S. (X tonnes), Portugal (X tonnes), Ireland (X tonnes), Poland (X tonnes), Italy (X tonnes), Sweden (X tonnes) and Austria (X tonnes) followed a long way behind the leaders.

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

In value terms, the largest ice cream importing markets worldwide were Germany ($X), the UK ($X) and France ($X), together comprising X% of global imports. These countries were followed by the Netherlands, Belgium, Spain, the U.S., Italy, Sweden, Portugal, Poland, Ireland and Austria, which together accounted for a further X terms of the main importing countries, Poland recorded the highest rates of growth with regard to 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

In 2020, the average ice cream import price amounted to $X per tonne, surging by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average import price increased by X% year-to-year. As a result, import price attained the peak level of $X per tonne. from 2009 to 2020, the growth in terms of the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in the U.S. ($X per tonne) and Italy ($X per tonne), while Ireland ($X per tonne) and Poland ($X per tonne) were amongst the lowest.

From 2007 to 2020, 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 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 2020 were China (4.5M tonnes), the U.S. (2.8M tonnes) and Iran (1.3M tonnes), with a combined 45% 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 2020 were China (4.5M tonnes), the U.S. (2.8M tonnes) and Iran (1.3M tonnes), together accounting for 46% of global production.

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

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In value terms, Germany ($602M), France ($552M) and Belgium ($416M) were the countries with the highest levels of exports in 2020, together accounting for 37% of global exports. The Netherlands, Italy, the U.S., Poland, the UK, Hungary, Spain, Thailand, Slovenia and China lagged somewhat behind, together comprising a further 41%.

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 ($423M), the UK ($419M) and France ($280M), together comprising 27% of global imports. These countries were followed by the Netherlands, Belgium, Spain, the U.S., Italy, Sweden, Portugal, Poland, Ireland and Austria, which together accounted for a further 32%.

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

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The average ice cream export price stood at $3,081 per tonne in 2020, surging by 1.6% 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 $2,965 per tonne in 2020, surging by 2.7% against the previous year.