Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Italy - 2023
Contents:
- Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Italy (FOB) - 2023
- Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Italy (CIF) - 2023
- Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Italy
- Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Italy
Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Italy (FOB) - 2023
In November 2023, the average export price for cheese, blue-veined (not grated, powdered or processed) amounted to $10,432 per ton, picking up by 4.2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.9%. The pace of growth appeared the most rapid in December 2022 an increase of 6.6% m-o-m. The export price peaked in November 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($14,948 per ton), while the average price for exports to Serbia ($9,291 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Italy (CIF) - 2023
In September 2023, the average import price for cheese, blue-veined (not grated, powdered or processed) amounted to $7,302 per ton, with an increase of 6% against the previous month. Over the period from October 2022 to September 2023, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in April 2023 an increase of 9.3% m-o-m. The import price peaked in September 2023.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Luxembourg ($12,505 per ton), while the price for Germany ($6,785 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.0%), while the prices for the other major suppliers experienced a decline.
Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Italy
For the fourth year in a row, Italy recorded growth in shipments abroad of cheese, blue-veined (not grated, powdered or processed), which increased by 0.5% to 29K tons in 2022. The total export volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 7.5%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, exports of cheese, blue-veined (not grated, powdered or processed) reached $221M in 2022. The total export value increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 43.3 | 44.2 | 51.8 | 55.3 | 8.5% |
| Germany | 45.4 | 49.3 | 49.9 | 43.0 | -1.8% |
| Spain | 9.4 | 10.5 | 12.5 | 13.9 | 13.9% |
| Netherlands | 9.6 | 10.8 | 11.2 | 11.5 | 6.2% |
| Luxembourg | 1.4 | 0.5 | 3.3 | 11.1 | 99.4% |
| Switzerland | 9.2 | 10.2 | 10.8 | 10.5 | 4.5% |
| Belgium | 5.9 | 6.1 | 8.3 | 9.3 | 16.4% |
| Poland | 5.4 | 6.1 | 7.5 | 8.2 | 14.9% |
| Austria | 5.8 | 6.4 | 7.4 | 7.8 | 10.4% |
| United Kingdom | 10.7 | 9.0 | 6.9 | 7.1 | -12.8% |
| Japan | 4.9 | 4.8 | 4.6 | 5.5 | 3.9% |
| Romania | 3.2 | 3.7 | 5.0 | 5.4 | 19.1% |
| Denmark | 4.3 | 3.9 | 4.0 | 4.5 | 1.5% |
| Others | 21.7 | 22.1 | 26.8 | 27.9 | 8.7% |
| Total | 180 | 188 | 210 | 221 | 7.1% |
Top Export Markets for Cheese, Blue-Veined (Not Grated, Powdered or Processed) from Italy in 2022:
- France (7.2K tons)
- Germany (5.9K tons)
- Spain (1.9K tons)
- Netherlands (1.4K tons)
- Luxembourg (1.4K tons)
- Poland (1.2K tons)
- Switzerland (1.2K tons)
- Belgium (1.2K tons)
- Austria (1.1K tons)
- Denmark (0.8K tons)
- United Kingdom (0.8K tons)
- Romania (0.7K tons)
- Japan (0.5K tons)
Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Italy
In 2022, approx. 2.7K tons of cheese, blue-veined (not grated, powdered or processed) were imported into Italy; standing approx. at 2021 figures. The total import volume increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of cheese, blue-veined (not grated, powdered or processed) reduced modestly to $18M in 2022. The total import value increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 30%. As a result, imports attained the peak of $18M, leveling off in the following year.
| Import of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 11.5 | 11.1 | 15.1 | 14.0 | 6.8% |
| France | 2.6 | 2.4 | 2.5 | 3.2 | 7.2% |
| Poland | N/A | N/A | N/A | 0.2 | 0% |
| Others | 0.9 | 0.6 | 0.7 | 0.8 | -3.9% |
| Total | 15.0 | 14.0 | 18.2 | 18.2 | 6.7% |
Top Suppliers of Cheese, Blue-Veined (Not Grated, Powdered or Processed) to Italy in 2022:
- Germany (2315.5 tons)
- France (275.2 tons)
- Poland (41.6 tons)
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