Key Market Indicators
Spanish butter consumption is expected to reach 69,000 metric tons by 2026, up 1.8% year-on-year on average. Since 2017, demand has grown 1.7% annually. In 2021, Spain was 19th in the world rankings, with Belgium overtaking at 62,000 metric tons. Germany, France, and Russia ranked second, third, and fourth respectively. Spanish butter production is projected to reach 54,240 metric tons by 2026, up 1.2% year-on-year on average. Since 1966, the country's supply has risen 3.7% annually. In 2021, Myanmar surpassed Spain at 50,380 metric tons. New Zealand, Germany, and France respectively ranked second, third, and fourth.
