Netherlands: Butter And Ghee Market 2024

Butter And Ghee Market Size in the Netherlands

The Dutch butter and ghee market reduced slightly to $X in 2022, waning by X% against the previous year. In general, consumption saw a abrupt shrinkage. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Butter And Ghee Production in the Netherlands

In value terms, butter and ghee production shrank to $X in 2022 estimated in export price. Over the period under review, production recorded a slight increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Butter and ghee production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Butter And Ghee Exports

Exports from the Netherlands

In 2022, after three years of growth, there was decline in shipments abroad of butter and ghee, when their volume decreased by X% to X tons. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when exports increased by X%. The exports peaked at X tons in 2021, and then dropped modestly in the following year.

In value terms, butter and ghee exports soared to $X in 2022. Over the period under review, total exports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Germany (X tons), France (X tons) and Belgium (X tons) were the main destinations of butter and ghee exports from the Netherlands, together comprising X% of total exports. Italy, Spain, Poland, the United States and the UK lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Belgium ($X) appeared to be the largest markets for butter and ghee exported from the Netherlands worldwide, with a combined X% share of total exports. Italy, Spain, the United States, Poland and the UK lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, the United States, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average butter and ghee export price stood at $X per ton in 2022, surging by X% against the previous year. In general, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butter and ghee export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. The export price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Butter And Ghee Imports

Imports into the Netherlands

In 2022, overseas purchases of butter and ghee decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then contracted in the following year.

In value terms, butter and ghee imports surged to $X in 2022. Overall, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of butter and ghee to the Netherlands, accounting for a X% share of total imports. Moreover, butter and ghee imports from Germany exceeded the figures recorded by the second-largest supplier, Ireland (X tons), twofold. The third position in this ranking was taken by Belgium (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (X% per year) and Belgium (X% per year).

In value terms, the largest butter and ghee suppliers to the Netherlands were Germany ($X), Ireland ($X) and Belgium ($X), with a combined X% share of total imports. The UK, France, Poland, Denmark and New Zealand lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Denmark, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average butter and ghee import price stood at $X per ton in 2022, growing by X% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butter and ghee import price increased by X% against 2020 indices. The growth pace was the most rapid in 2017 when the average import price increased by X%. The import price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the UK ($X per ton) and New Zealand ($X per ton), while the price for Germany ($X per ton) and Denmark ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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