Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Greece - 2023

Contents:

  1. Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Greece (CIF) - 2023
  2. Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Greece (FOB) - 2022
  3. Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Greece
  4. Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Greece

Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Greece (CIF) - 2023

The average import price for cheese, blue-veined (not grated, powdered or processed) stood at $4,113 per ton in November 2023, with a decrease of -40.2% against the previous month. In general, the import price saw a noticeable decline. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 22% m-o-m. As a result, import price attained the peak level of $8,263 per ton. From January 2023 to November 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was France ($15,283 per ton), while the price for Italy ($1,928 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Luxembourg (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for cheese, blue-veined (not grated, powdered or processed) amounted to $6,327 per ton, surging by 28% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $7,149 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Albania ($6,793 per ton) and Cyprus ($6,736 per ton), while the average price for exports to the Netherlands ($5,337 per ton) and Bulgaria ($5,377 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+31.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of cheese, blue-veined (not grated, powdered or processed) into Greece dropped modestly to 1.3K tons, waning by -3.6% compared with the previous year. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. As a result, imports attained the peak of 1.4K tons, and then fell slightly in the following year.

In value terms, imports of cheese, blue-veined (not grated, powdered or processed) rose notably to $8.4M in 2022. The total import value increased at an average annual rate of +6.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 25%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.

Import of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark4.54.05.15.67.6%
Italy0.50.60.70.817.0%
France0.80.91.10.80.0%
Germany0.50.30.50.66.3%
Austria0.40.30.40.57.7%
Others0.20.20.20.1-20.6%
Total6.96.37.98.46.8%

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

  1. Denmark (863.2 tons)
  2. Italy (153.9 tons)
  3. Austria (115.0 tons)
  4. Germany (90.1 tons)
  5. France (68.5 tons)

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

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 -45% to 101 tons. In general, exports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 49% against the previous year. As a result, the exports attained the peak of 183 tons, and then dropped notably in the following year.

In value terms, exports of cheese, blue-veined (not grated, powdered or processed) declined markedly to $638K in 2022. Over the period under review, total exports indicated a perceptible increase from 2019 to 2022: its value increased at an average annual rate of +2.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 35%. As a result, the exports attained the peak of $904K, and then contracted sharply in the following year.

Export of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus3132653683241.2%
Albania59.944.711888.413.9%
Belgium11620724065.4-17.4%
Bulgaria42.056.687.765.115.7%
NetherlandsN/A15.815.533.044.5%
Germany19.931.930.423.15.1%
TurkeyN/A17.214.111.5-18.2%
United Kingdom19.720.26.59.0-23.0%
Others21.912.623.817.9-6.5%
Total5926709046382.5%

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

  1. Cyprus (48.1 tons)
  2. Albania (13.0 tons)
  3. Belgium (12.1 tons)
  4. Bulgaria (12.1 tons)
  5. Netherlands (6.2 tons)
  6. Germany (4.0 tons)
  7. Turkey (1.7 tons)
  8. United Kingdom (1.0 tons)

Source: IndexBox Market Intelligence Platform

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