In 2023, New Zealand led global butter exports, valued at $1.72 billion, followed by the Netherlands and Ireland at $1.18 billion and $0.6541 billion, respectively. Over the past year, New Zealand's export value grew by X%, while the Netherlands and Ireland experienced year-on-year growths of Y% and Z%, respectively. Over the last five years, the Compound Annual Growth Rate for top exporters was A%, indicating steady expansion in the butter export market.
Future trends to monitor include:
- Increasing demand in emerging markets, potentially driving further export growth.
- Potential impact of climate change on dairy production in key regions.
- Shifts towards sustainable and organic butter affecting export dynamics.
- Trade policy changes and their effects on market access for exporters.
Top countries in Top Exporters of Butter
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 New Zealand | 1,720 | 2016 | |
| 2 | 2 Netherlands | 1,180 | 2016 | |
| 3 | 3 Ireland | 654.1 | 2016 | |
| 4 | 4 Belgium | 597.19 | 2016 | |
| 5 | 5 Germany | 546.57 | 2016 | |
| 6 | 6 France | 428.06 | 2016 | |
| 7 | 7 Belarus | 332.53 | 2016 | |
| 8 | 8 Denmark | 221.96 | 2016 | |
| 9 | 9 United Kingdom | 212.2 | 2016 | |
| 10 | 10 Poland | 141.23 | 2016 |
