Dairy Spread Market Overview in the European Union
In value terms, dairy spread production shrank slightly to $ in 2019 estimated in export prices. Over the period under review, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of % against the previous year. Over the period under review, production attained the peak level at $ in 2014; however, from 2015 to 2019, production stood at a somewhat lower figure.
The countries with the highest volumes of dairy spread production in 2019 were Germany ( tonnes), France ( tonnes) and Ireland ( tonnes), with a combined % share of total production. Poland, the UK, the Netherlands and Italy lagged somewhat behind, together comprising a further %.
From 2007 to 2019, the most notable rate of growth in terms of dairy spread production, amongst the key producing countries, was attained by the UK, while dairy spread production for the other leaders experienced more modest paces of growth.
The value of the dairy spread market in the European Union dropped to $ in 2019, approximately mirroring the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the market value increased by % year-to-year. Over the period under review, the market reached the maximum level at $ in 2014; however, from 2015 to 2019, consumption failed to regain the momentum.
From 2007 to 2019, the most notable rate of growth in terms of dairy spread consumption, amongst the leading consuming countries, was attained by Ireland, while dairy spread consumption for the other leaders experienced more modest paces of growth.
In value terms, the largest dairy spread markets in the European Union were Germany ($), France ($) and Ireland ($), with a combined % share of the total market.
Among the main consuming countries, Ireland recorded the highest growth rate of market size, over the period under review, while dairy spread market for the other leaders experienced more modest paces of growth.
In 2019, the highest levels of dairy spread per capita consumption was registered in Ireland ( kg per person), followed by the Netherlands ( kg per person), France ( kg per person) and Germany ( kg per person), while the world average per capita consumption of dairy spread was estimated at kg per person.
In Ireland, dairy spread per capita consumption expanded at an average annual rate of +% over the period from 2007-2019. In the other countries, the average annual rates were as follows: the Netherlands (+% per year) and France (-% per year).