Press release
New Zealand Strengthened Leadership in Global Butter Supplies
According to recently published IndexBox research «World: Butter - Market Report. Analysis And Forecast To 2020» ( http://www.indexbox.co.uk/store/world-butter-market-report-analysis-and-forecast-to-2020/ ), the global trade in butter amounted to 6,742 million USD in 2015, fluctuating wildly over the period under review. A significant drop in 2009 was followed by a recovery over the next two years, until exports decreased again. Overall, there was an annual increase of 3.1% from 2007 to 2015.New Zealand remained far ahead other suppliers of butter in 2015, with butter exports totaling 1638 million USD. This accounted for a 24% share in terms of global exports. The Netherlands, Ireland, Germany, and Belgium were the other key global suppliers of butter in 2015, with a 42% combined share of global exports.
New Zealand (+8.1% per year) and the Netherlands (+6.8% per year) were the fastest growing exporters from 2007 to 2015. New Zealand significantly strengthened its position in the global export structure, growing its share from 17% in 2007 to 24% in 2015.
On the other hand, France (11%, based on value terms), Germany (8%), Belgium (8%), the Netherlands (7%), and the UK (6%) were the leading destinations of butter imports in 2015. Imports to the Netherlands grew at a quick pace of +7.1% per year from 2007 to 2015. By contrast, Germany significantly contracted its imports of butter over the same period. The Netherlands grew its share of global imports by +2 percentage points, while the remainder of the major importers saw a decline in their import shares.
Source and figures: http://www.indexbox.co.uk/news/new-zealand-strengthened-leadership-in-global-butter-supplies/
IndexBox is a leading market research publisher in the world. We conduct market research and publish reports. You can find more than 25,000 research reports in our web store, which cover global industries and regional markets. All the worldwide marketing data you need is at your fingertips.
Company Name: IndexBox
Contact Person: Kirill Bezverhi
Email: kirill.bezverhi@indexbox.co.uk
Phone: +44 20 3239 3063
Adress: United Kingdom, London
Website: www.indexbox.co.uk
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