The global butter export market is led by New Zealand, which holds a 23.77% share, followed by the Netherlands, Ireland, and Belgium with 16.41%, 11.54%, and 8.31%, respectively. Notably, New Zealand, Netherlands, and Ireland have all seen moderate year-on-year growth, with Belarus experiencing significant growth at 3.73%. Conversely, countries like Poland and Denmark are seeing a decline in exports. Emerging markets such as Ukraine, Mexico, and Malaysia are showing strong growth potential, marking a shift in market dynamics.
Future trends to watch include the continued growth in emerging markets like Ukraine and Mexico, while monitoring potential fluctuations in established markets such as Australia, where exports have significantly declined. Additionally, geopolitical factors and trade policies will likely impact the global share distribution and should be observed closely.
Top countries in Export of Butter Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 New Zealand | 23.77 | 2023 | +3.33% | +2.96% | View data |
| 2 | 2 Netherlands | 16.41 | 2023 | +3.55% | +3.36% | View data |
| 3 | 3 Ireland | 11.54 | 2023 | +3.7% | +2.64% | View data |
| 4 | 4 Belgium | 8.31 | 2023 | +3.01% | +2.07% | View data |
| 5 | 5 Germany | 7.62 | 2023 | +3.05% | +2.83% | View data |
| 6 | 6 France | 5.39 | 2023 | +2.77% | +2.57% | View data |
| 7 | 7 Belarus | 3.36 | 2023 | +2.73% | +3.73% | View data |
| 8 | 8 United Kingdom | 3.23 | 2023 | +3.66% | +2.53% | View data |
| 9 | 9 Poland | 2.69 | 2023 | +4.02% | -1.29% | View data |
| 10 | 10 Denmark | 2.58 | 2023 | +1.6% | -1.72% | View data |
