In 2023, Italy led European exports of butter and fats with a commanding 45.21% share, witnessing robust growth of 49.58% year on year. Notably, Denmark's exports soared by 123.62%, albeit from a smaller base, while Estonia saw a significant surge of 72.36%. Other key contributors included the Netherlands at 19.9% and France at 9.9%, though both experienced varied growth trends, with France declining by 2.75%. Conversely, Ireland and Germany faced declines, decreasing by 11.44% and 12.15%, respectively.
Looking ahead, the market could experience increases in export volumes from rising contributors like Finland and newfound growth in Denmark. However, economic shifts and trade policies remain critical factors influencing future trends. Close monitoring of these elements is essential for predicting potential disruptions or opportunities in this sector.
Top countries in Export of Butter and Fats Derived from Milk of a Fat Content by Weight Exceeding 85% Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 45.21 | 2023 | +1.12% | +49.58% | View data |
| 2 | 2 Netherlands | 19.9 | 2023 | +5.14% | +1.84% | View data |
| 3 | 3 France | 9.9 | 2023 | +2.23% | -2.75% | View data |
| 4 | 4 United Kingdom | 5.3 | 2023 | +1.75% | +2.43% | View data |
| 5 | 5 Belgium | 4.71 | 2023 | -4.9% | -5.56% | View data |
| 6 | 6 Ireland | 3.81 | 2023 | -10.93% | -11.44% | View data |
| 7 | 7 Spain | 3.42 | 2023 | +5.17% | +4.8% | View data |
| 8 | 8 Germany | 2.85 | 2023 | -12.39% | -12.15% | View data |
| 9 | 9 Denmark | 1.95 | 2023 | +58.65% | +123.62% | View data |
| 10 | 10 Poland | 1.1 | 2023 | +3.67% | -1.16% | View data |
