In 2023, New Zealand led global butter exports with 23.3% market share, followed by the Netherlands at 16.35% and Ireland at 11.83%. The top three countries showed consistent growth, with New Zealand experiencing a modest 0.75% increase, while the Netherlands and Ireland grew by 2.59% and 2.05%, respectively. Notable high growth was observed in Malaysia (4.23%) and Azerbaijan (46.82%), whereas significant declines occurred in Canada (-32.97%) and Pakistan (-35.59%). Emerging players like Kyrgyzstan and Armenia recorded impressive increases of 6.66% and 39.74% respectively, suggesting potential shifts in export dynamics.
For future trends, monitor the continued rise of emerging exporters like Azerbaijan and Kyrgyzstan, while observing how European economic policies and trade agreements impact the established European leaders. Furthermore, environmental concerns and sustainability practices may influence production methods, potentially affecting global market shares.
Top countries in Export of Butter Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 New Zealand | 23.3 | 2023 | +0.63% | +0.75% | View data |
| 2 | 2 Netherlands | 16.35 | 2023 | +2.05% | +2.59% | View data |
| 3 | 3 Ireland | 11.83 | 2023 | +2.09% | +2.05% | View data |
| 4 | 4 Germany | 7.56 | 2023 | +1.29% | +1.97% | View data |
| 5 | 5 Belgium | 7.32 | 2023 | +0.85% | +0.63% | View data |
| 6 | 6 France | 4.76 | 2023 | +0.74% | +1.26% | View data |
| 7 | 7 Belarus | 4.2 | 2023 | +1.62% | +1.87% | View data |
| 8 | 8 Poland | 3.3 | 2023 | +3.44% | +1.12% | View data |
| 9 | 9 United Kingdom | 3.27 | 2023 | +2.11% | +1.88% | View data |
| 10 | 10 Denmark | 2.68 | 2023 | +0.94% | -0.55% | View data |
