In 2023, New Zealand led global butter and ghee exports, with the highest volume, followed by the Netherlands and Ireland. Notable growth was observed in Poland, Ukraine, and Italy, each showing upward trends. Conversely, significant declines were seen in Latvia, Switzerland, and Estonia, each reporting a 100% decrease. Australia's exports notably fell by over 20% on a year-on-year basis. This data highlights the robust performance of European countries alongside notable contributions from New Zealand.
Future trends to watch include the potential market recovery in countries with recent declines, such as Uruguay and Argentina. Additionally, ongoing expansions in emerging markets like Kyrgyzstan may shift future export dynamics.
Top countries in Butter and Ghee Export Volume Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 New Zealand | 22.43 | 2023 | -1.4% | -1.57% | View data |
| 2 | 2 Netherlands | 17.67 | 2023 | +2.14% | +2.65% | View data |
| 3 | 3 Ireland | 12.91 | 2023 | +2.52% | +2% | View data |
| 4 | 4 Belgium | 6.56 | 2023 | +0.81% | +0.83% | View data |
| 5 | 5 Germany | 6.19 | 2023 | -0.85% | -0.34% | View data |
| 6 | 6 Belarus | 4.97 | 2023 | +2.17% | +1.1% | View data |
| 7 | 7 France | 4.76 | 2023 | -1.1% | 0% | View data |
| 8 | 8 Poland | 4.02 | 2023 | +2.7% | +2.86% | View data |
| 9 | 9 United Kingdom of Great Britain and Northern Ireland | 3.39 | 2023 | |||
| 10 | 10 Denmark | 2.91 | 2023 | +1.85% | +0.74% | View data |
