Key Market Indicators
Belgian butter consumption is set to reach 66,000 metric tons by 2026, with an average yearly growth rate of 0.6%. Since 2017, Belgian demand has grown by 1.6% year-on-year. In 2021, Belgium ranked 18th in the world. Ukraine came in ahead of Belgium with 63,000 metric tons. Germany, France, and Russia were the top three countries in the ranking. Belgian butter production is expected to reach 75,800 metric tons in 2026, with an average yearly decrease of 0.7%. Since 2005, Belgian supply has increased by 0% year-on-year. In 2021, Belgium ranked 16th in the world. Italy came in ahead of Belgium with 79,150 metric tons. New Zealand, Germany, and France were the top three countries in the ranking.