Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Portugal - 2023
Contents:
- Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Portugal (CIF) - 2023
- Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Portugal (FOB) - 2022
- Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Portugal
- Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Portugal
Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Portugal (CIF) - 2023
In November 2023, the average import price for cheese, blue-veined (not grated, powdered or processed) amounted to $8,503 per ton, which is down by -3.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in July 2023 an increase of 16% month-to-month. As a result, import price attained the peak level of $10,197 per ton. From August 2023 to November 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($16,023 per ton), while the price for the Netherlands ($5,364 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 Germany (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Portugal (FOB) - 2022
In 2022, the average export price for cheese, blue-veined (not grated, powdered or processed) amounted to $12,597 per ton, rising by 13% against the previous year. Over the period under review, the export price, however, saw a deep slump. Over the period under review, the average export prices hit record highs at $24,027 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($23,611 per ton), while the average price for exports to Cabo Verde ($7,715 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+9.8%), while the prices for the other major destinations experienced a decline.
Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Portugal
In 2022, the amount of cheese, blue-veined (not grated, powdered or processed) imported into Portugal soared to 887 tons, growing by 18% on the year before. The total import volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 20%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of cheese, blue-veined (not grated, powdered or processed) skyrocketed to $6.1M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,747 | 1,859 | 2,208 | 2,505 | 12.8% |
| Spain | 1,509 | 950 | 1,053 | 1,778 | 5.6% |
| France | 646 | 630 | 687 | 698 | 2.6% |
| Italy | 353 | 187 | 513 | 589 | 18.6% |
| Netherlands | 31.5 | 36.6 | 39.4 | 257 | 101.3% |
| Denmark | 96.2 | 107 | 182 | 158 | 18.0% |
| Others | 97.1 | 83.9 | 0.6 | 114 | 5.5% |
| Total | 4,479 | 3,854 | 4,681 | 6,098 | 10.8% |
Top Suppliers of Cheese, Blue-Veined (Not Grated, Powdered or Processed) to Portugal in 2022:
- Germany (470.8 tons)
- Spain (244.7 tons)
- Italy (70.0 tons)
- France (61.0 tons)
- Denmark (18.2 tons)
- Netherlands (14.5 tons)
Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Portugal
In 2022, the amount of cheese, blue-veined (not grated, powdered or processed) exported from Portugal skyrocketed to 11 tons, with an increase of 279% against the previous year. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of cheese, blue-veined (not grated, powdered or processed) surged to $139K in 2022. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 36.4 | 11.3 | 13.0 | 87.3 | 33.9% |
| Cabo Verde | 8.5 | 8.0 | 15.2 | 36.9 | 63.1% |
| Spain | 1.4 | 0.8 | 1.7 | 7.0 | 71.0% |
| Others | 3.4 | 4.0 | 2.4 | 7.4 | 29.6% |
| Total | 49.6 | 24.2 | 32.3 | 139 | 41.0% |
Top Export Markets for Cheese, Blue-Veined (Not Grated, Powdered or Processed) from Portugal in 2022:
- Angola (4.9 tons)
- Cabo Verde (4.8 tons)
- Spain (0.7 tons)
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