Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Brazil - 2024

Contents:

  1. Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Brazil (FOB) - 2022
  2. Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Brazil (CIF) - 2024
  3. Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Brazil
  4. Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Brazil

Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Brazil (FOB) - 2022

The average export price for cheese, blue-veined (not grated, powdered or processed) stood at $7,210 per ton in 2022, growing by 9.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2016 when the average export price increased by 25%. The export price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($12,000 per ton), while the average price for exports to Russia stood at $7,182 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+6.7%).

Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Brazil (CIF) - 2024

In January 2024, the average import price for cheese, blue-veined (not grated, powdered or processed) amounted to $10,251 per ton, growing by 4.2% against the previous month. Over the period from February 2023 to January 2024, it increased at an average monthly rate of +2.8%. The pace of growth appeared the most rapid in April 2023 an increase of 27% m-o-m. As a result, import price attained the peak level of $11,294 per ton. From May 2023 to January 2024, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was France ($14,530 per ton), while the price for Argentina ($7,435 per ton) was amongst the lowest.

From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by France (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Brazil

In 2022, after three years of growth, there was significant decline in shipments abroad of cheese, blue-veined (not grated, powdered or processed), when their volume decreased by -39.6% to 450 tons. In general, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 11%. As a result, the exports attained the peak of 746 tons, and then fell notably in the following year.

In value terms, exports of cheese, blue-veined (not grated, powdered or processed) contracted dramatically to $3.2M in 2022. Overall, exports showed a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year. As a result, the exports reached the peak of $4.9M, and then fell rapidly in the following year.

Export of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia4.34.34.93.2-9.4%
OthersN/AN/AN/AN/A0%
Total4.34.44.93.2-9.4%

Top Export Markets for Cheese, Blue-Veined (Not Grated, Powdered or Processed) from Brazil in 2022:

  1. Russia (447.6 tons)

Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Brazil

For the third year in a row, Brazil recorded decline in purchases abroad of cheese, blue-veined (not grated, powdered or processed), which decreased by -29% to 139 tons in 2022. In general, imports continue to indicate a abrupt downturn. The smallest decline of -0.6% was in 2021.

In value terms, imports of cheese, blue-veined (not grated, powdered or processed) reduced dramatically to $1.2M in 2022. Overall, imports recorded a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 5.9%.

Import of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina739549529476-13.6%
Germany475395408290-15.2%
France265289370214-6.9%
Italy75.611411211715.7%
Denmark26497.412453.3-41.3%
Others32.125.612.3N/A-38.1%
Total1,8491,4691,5561,151-14.6%

Top Suppliers of Cheese, Blue-Veined (Not Grated, Powdered or Processed) to Brazil in 2022:

  1. Argentina (70.3 tons)
  2. Germany (35.2 tons)
  3. France (15.1 tons)
  4. Italy (12.1 tons)
  5. Denmark (6.6 tons)

Source: IndexBox Market Intelligence Platform

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