In 2024, Italy leads European buttermilk powder imports by volume, followed by Ireland and the United Kingdom. Germany and France show marked growth, with year-on-year increases of 58.52% and 24.51%, respectively. Notable declines include Austria at -15.17% and Romania at -16.97%. The compound annual growth rate (CAGR) over the last five years highlights Germany and France as significant growth markets. The United Kingdom sees a decline, although its overall share remains substantial.
Future trends to watch:
- Continued growth in Germany and France, driven by increased demand and potential supply chain optimization.
- Potential recovery opportunities for declining markets such as Austria and Romania.
- Impact of trade policies and economic conditions on the share distribution across countries.
Top countries in Import of Buttermilk Powder Share by Country (Kilograms)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Italy | 27.97 | 2023 | +8.56% | +11.2% | View data |
2 | 2 Ireland | 15.41 | 2023 | +42.04% | +23.16% | View data |
3 | 3 United Kingdom | 13.34 | 2023 | +3.24% | -5.36% | View data |
4 | 4 Germany | 8.58 | 2023 | +50.42% | +58.52% | View data |
5 | 5 Spain | 7.23 | 2023 | +9.18% | +7.79% | View data |
6 | 6 France | 6.24 | 2023 | +34.14% | +24.51% | View data |
7 | 7 Czechia | 6.2 | 2023 | |||
8 | 8 Poland | 5.12 | 2023 | +4.72% | +6.82% | View data |
9 | 9 Belgium | 3.73 | 2023 | +12.4% | +1.06% | View data |
10 | 10 Latvia | 1.59 | 2023 | +6.46% | +16.13% | View data |