Key Market Indicators
Since 2011, Serbian demand decreased by 1% year on year. The country came in number 77 in 2018, Argentina came ahead with 3 Thousand Metric Tons. Mexico, Colombia and Chile respectively ranked numbers 2, 3 and 4 in this ranking. Serbian butter production is expected to decrease by 1.5% year on year on average, reaching 1,630 metric tons by 2026. In 2021, Serbia was the 77th largest producer with 1,780 metric tons. Ecuador was ahead in production with 1,780 metric tons, while New Zealand, Germany and France respectively ranked numbers 2, 3 and 4. Serbian butter consumption was 3 thousand metric tons in 2018, down 1% since 2011. Serbia was the 77th largest consumer in 2018, with Argentina ahead at 3 thousand metric tons. Mexico, Colombia and Chile respectively ranked numbers 2, 3 and 4.
