Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in New Zealand - 2024
Contents:
- Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in New Zealand (CIF) - 2024
- Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in New Zealand (FOB) - 2022
- Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in New Zealand
- Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in New Zealand
Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in New Zealand (CIF) - 2024
The average import price for cheese, blue-veined (not grated, powdered or processed) stood at $10,827 per ton in December 2023, falling by -21.3% against the previous month. In general, the import price recorded a slight reduction. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 16% against the previous month. As a result, import price reached the peak level of $15,528 per ton. From March 2023 to December 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($26,486 per ton), while the price for Italy ($3,531 per ton) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by France (+2.9%), while the prices for the other major suppliers experienced a decline.
Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in New Zealand (FOB) - 2022
The average export price for cheese, blue-veined (not grated, powdered or processed) stood at $22,364 per ton in 2022, surging by 76% against the previous year. Overall, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cheese, blue-veined (not grated, powdered or processed) increased by +86.1% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Australia ($23,322 per ton) and Vanuatu ($21,292 per ton), while the average price for exports to Singapore ($18,558 per ton) and Fiji ($19,321 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 Australia (+5.6%), 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 New Zealand
In 2022, overseas purchases of cheese, blue-veined (not grated, powdered or processed) decreased by -33% to 219 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a mild decrease. The pace of growth was the most pronounced in 2020 with an increase of 21%.
In value terms, imports of cheese, blue-veined (not grated, powdered or processed) contracted markedly to $2.9M in 2022. Overall, total imports indicated slight growth from 2019 to 2022: its value increased at an average annual rate of +1.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 33%. As a result, imports attained the peak of $4.5M, and then contracted significantly in the following year.
| Import of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 2,425 | 2,886 | 3,815 | 2,413 | -0.2% |
| France | 231 | 298 | 273 | 260 | 4.0% |
| Italy | 40.7 | 42.2 | 124 | 103 | 36.3% |
| Australia | N/A | 22.5 | 134 | 80.3 | 88.9% |
| Others | 43.9 | 105 | 129 | 39.4 | -3.5% |
| Total | 2,741 | 3,353 | 4,475 | 2,896 | 1.9% |
Top Suppliers of Cheese, Blue-Veined (Not Grated, Powdered or Processed) to New Zealand in 2022:
- Denmark (189.2 tons)
- France (11.8 tons)
- Italy (9.8 tons)
- Australia (5.8 tons)
Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in New Zealand
In 2022, exports of cheese, blue-veined (not grated, powdered or processed) from New Zealand fell markedly to 23 tons, declining by -65.1% on 2021 figures. In general, exports recorded a sharp descent. The pace of growth was the most pronounced in 2021 when exports increased by 11% against the previous year.
In value terms, exports of cheese, blue-veined (not grated, powdered or processed) shrank notably to $514K in 2022. Over the period under review, exports continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2021 when exports increased by 18% against the previous year.
| Export of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 898 | 614 | 671 | 402 | -23.5% |
| Singapore | 80.9 | 48.7 | 49.5 | 39.0 | -21.6% |
| Fiji | 42.1 | 9.5 | 18.8 | 24.2 | -16.9% |
| Cook Islands | 12.7 | 6.6 | 15.5 | 11.8 | -2.4% |
| Vanuatu | 10.2 | 4.8 | 14.7 | 9.8 | -1.3% |
| Others | 94.6 | 28.8 | 70.6 | 28.0 | -33.4% |
| Total | 1,139 | 712 | 840 | 514 | -23.3% |
Top Export Markets for Cheese, Blue-Veined (Not Grated, Powdered or Processed) from New Zealand in 2022:
- Australia (17.2 tons)
- Singapore (2.1 tons)
- Fiji (1.3 tons)
- Cook Islands (0.6 tons)
- Vanuatu (0.5 tons)
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