The European export market for butter and dairy spreads saw strong performances in 2023 from the Netherlands and Ireland, dominating with shares of 24.96% and 22.41%, respectively. Germany and Belgium also held significant shares. While some countries like the United Kingdom and Finland exhibited growth, others, including Italy, Sweden, and Lithuania, experienced declines in their export volumes. Particularly notable was Latvia, which saw a dramatic reduction of over 50%. The Compound Annual Growth Rate (CAGR) over the last five years highlights shifts, with growth mainly evident in Western European countries, while Eastern countries face challenges.
Future trends to watch in 2024 and beyond include:
- Potential recovery or further decline in Eastern Europe exports.
- Increasing importance of sustainability and organic products, potentially shifting market shares.
- Influence of trade policies and economic conditions on export dynamics.
- Technological advancements in production that might alter the competitive landscape.
Top countries in Export of Butter and Dairy Spreads Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 24.96 | 2023 | +1.19% | +3.39% | View data |
| 2 | 2 Ireland | 22.41 | 2023 | +3.87% | +6.49% | View data |
| 3 | 3 Germany | 11.89 | 2023 | +2.11% | +2.93% | View data |
| 4 | 4 Belgium | 10.53 | 2023 | +0.36% | -0.79% | View data |
| 5 | 5 France | 7.08 | 2023 | +0.58% | +1.75% | View data |
| 6 | 6 United Kingdom | 5.44 | 2023 | +2.7% | +3.9% | View data |
| 7 | 7 Poland | 5.1 | 2023 | +3.42% | +0.68% | View data |
| 8 | 8 Denmark | 3.94 | 2023 | +0.9% | +0.49% | View data |
| 9 | 9 Finland | 2.53 | 2023 | +1.82% | +2.76% | View data |
| 10 | 10 Spain | 1.56 | 2023 | +1.46% | +1.7% | View data |
