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

Contents:

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

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

The average export price for cheese, blue-veined (not grated, powdered or processed) stood at $6,705 per ton in November 2023, with an increase of 1.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +4.1%. The growth pace was the most rapid in December 2022 when the average export price increased by 54% against the previous month. Over the period under review, the average export prices hit record highs at $6,776 per ton in April 2023; however, from May 2023 to November 2023, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Ukraine.

From November 2022 to November 2023, the rate of growth in terms of prices for Bulgaria amounted to +22.5% per month.

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

The average import price for cheese, blue-veined (not grated, powdered or processed) stood at $7,503 per ton in September 2023, growing by 5.4% against the previous month. Over the period from October 2022 to September 2023, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 15% month-to-month. Over the period under review, average import prices hit record highs at $7,939 per ton in May 2023; however, from June 2023 to September 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($14,291 per ton), while the price for Hungary ($2,690 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 Hungary (+9.5%), 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 Slovakia

In 2022, the amount of cheese, blue-veined (not grated, powdered or processed) exported from Slovakia skyrocketed to 1.3K tons, rising by 24% on the previous year's figure. The total export volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained 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) soared to $7.1M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +18.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.7% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic1,7621,8602,4163,25722.7%
Poland8908861,5142,19035.0%
Bulgaria26140948057229.9%
Hungary430382461360-5.8%
LatviaN/AN/A39.2329739.3%
Ukraine8241,047275200-37.6%
Lithuania73.699.863.714826.2%
Others1.61.910.158.0231.0%
Total4,2424,6855,2597,11418.8%

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

  1. Czech Republic (631.0 tons)
  2. Poland (390.1 tons)
  3. Bulgaria (129.6 tons)
  4. Hungary (65.4 tons)
  5. Latvia (57.2 tons)
  6. Ukraine (28.6 tons)
  7. Lithuania (25.1 tons)

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

In 2022, approx. 698 tons of cheese, blue-veined (not grated, powdered or processed) were imported into Slovakia; increasing by 12% on the year before. Over the period under review, imports showed a relatively flat trend pattern.

In value terms, imports of cheese, blue-veined (not grated, powdered or processed) soared to $4.1M in 2022. The total import value increased at an average annual rate of +10.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic6617949431,29525.1%
Germany1,1551,4569461,2492.6%
Italy7379139351,01511.3%
Poland11115230432743.4%
Austria1592021992109.7%
Others27812725.844.1-45.9%
Total3,1003,6443,3524,13910.1%

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

  1. Czech Republic (290.0 tons)
  2. Italy (210.9 tons)
  3. Germany (146.0 tons)
  4. Poland (24.7 tons)
  5. Austria (20.7 tons)

Source: IndexBox Market Intelligence Platform

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