In 2023, Italy, Germany, and Denmark dominated European exports of whey and modified whey, collectively accounting for nearly 98% of the market share by volume in kilograms. Italy saw considerable growth with a 17.51% increase, while Denmark experienced a significant rise of 32.85%. Meanwhile, the United Kingdom and Ireland saw exports plummet by 100%. Other countries, including France and Belgium, held limited shares with minor fluctuations. Over the past five years, the compound annual growth rate (CAGR) in these exports indicates robust expansion primarily driven by Italy and Denmark.
Future trends to watch include the potential for further consolidation among top countries, as well as increased focus on diversifying whey products. Environmental sustainability and innovations in supply chains could also drive future growth and competitiveness in the European market.
Top countries in Export of Whey and Modified Whey in Liquid or Paste Forms Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 49.79 | 2023 | -27.38% | +17.51% | View data |
| 2 | 2 Germany | 33.23 | 2023 | +3.61% | +3.21% | View data |
| 3 | 3 Denmark | 15.84 | 2023 | +0.54% | +32.85% | View data |
| 4 | 4 Netherlands | 3.39 | 2023 | +4.59% | +9.99% | View data |
| 5 | 5 France | 3.34 | 2023 | -4.96% | -1.89% | View data |
| 6 | 6 Belgium | 1.23 | 2023 | +3.68% | +0.12% | View data |
| 7 | 7 Spain | 1.05 | 2023 | +2.58% | +5.79% | View data |
| 8 | 8 Austria | 0.59 | 2023 | +4.63% | -0.8% | View data |
| 9 | 9 Greece | 0.45 | 2023 | +14.66% | View data | |
| 10 | 10 Sweden | 0.42 | 2023 | +0.0083% | -5.4% | View data |
