In 2023, Denmark led the European import share of rennet and concentrates with a substantial 40.29%, showing a noticeable year-on-year increase of 6.03%. Romania and France also showed significant growth, registering increases of 14.58% and 11.93% respectively, indicating robust market dynamics. Conversely, Germany and Italy experienced slight declines, with reductions of 2.5% and 1.5% respectively. Notably, the United Kingdom registered a sharp decrease of 12.34%, reflecting potential challenges or shifts in trade dynamics. Small markets like Bulgaria and Latvia saw substantial declines of over 13%, signaling possible market exits or significant demand variations.
Future trends to watch in the European import of rennet and concentrates include:
- Sustainability and regulatory changes in dairy product processing, potentially influencing demand patterns.
- Technological advancements in enzyme production that could create shifts in supplier dominance and import reliance.
- Economic fluctuations and trade policies affecting market access for smaller or emerging European importers.
- Potential market expansion in Eastern Europe could alter current importation structures significantly.
Top countries in Import of Rennet and Concentrates Thereof Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 40.29 | 2023 | +2.68% | +6.03% | View data |
| 2 | 2 Romania | 9.16 | 2023 | +6.71% | +14.58% | View data |
| 3 | 3 Netherlands | 7.75 | 2023 | +9.22% | +5.21% | View data |
| 4 | 4 Germany | 7.65 | 2023 | -0.55% | -2.5% | View data |
| 5 | 5 Italy | 7.24 | 2023 | +1.51% | -1.5% | View data |
| 6 | 6 Poland | 4.53 | 2023 | +2.55% | +0.77% | View data |
| 7 | 7 France | 4.52 | 2023 | -0.3% | +11.93% | View data |
| 8 | 8 Spain | 4.45 | 2023 | +1.25% | +9.93% | View data |
| 9 | 9 Ireland | 2.25 | 2023 | -4.96% | -6.36% | View data |
| 10 | 10 Belgium | 1.71 | 2023 | +3.05% | +6.02% | View data |
