Price for Cheese of All Kinds, Grated or Powdered in Argentina - 2023
Contents:
- Price for Cheese of All Kinds, Grated or Powdered in Argentina (FOB) - 2023
- Price for Cheese of All Kinds, Grated or Powdered in Argentina (CIF) - 2023
- Exports of Cheese of All Kinds, Grated or Powdered in Argentina
- Imports of Cheese of All Kinds, Grated or Powdered in Argentina
Price for Cheese of All Kinds, Grated or Powdered in Argentina (FOB) - 2023
The average export price for cheese of all kinds, grated or powdered stood at $9,525 per ton in June 2023, almost unchanged from the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2022 when the average export price increased by 14% against the previous month. Over the period under review, the average export prices hit record highs at $10,388 per ton in October 2022; however, from November 2022 to June 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 Paraguay.
From June 2022 to June 2023, the rate of growth in terms of prices for Paraguay amounted to -0.1% per month.
Price for Cheese of All Kinds, Grated or Powdered in Argentina (CIF) - 2023
In June 2023, the average import price for cheese of all kinds, grated or powdered amounted to $10,835 per ton, surging by 14% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 34% m-o-m. Over the period under review, average import prices attained the peak figure at $12,714 per ton in April 2023; however, from May 2023 to June 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Uruguay.
From June 2022 to June 2023, the rate of growth in terms of prices for Uruguay amounted to +0.6% per month.
Exports of Cheese of All Kinds, Grated or Powdered in Argentina
In 2022, shipments abroad of cheese of all kinds, grated or powdered decreased by -22.4% to 260 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 7.2%.
In value terms, exports of cheese of all kinds, grated or powdered dropped to $2.4M in 2022. In general, exports, however, showed modest growth. The pace of growth appeared the most rapid in 2021 with an increase of 6.2% against the previous year. As a result, the exports reached the peak of $2.6M, and then declined in the following year.
| Export of Cheese of All Kinds, Grated or Powdered in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 2.4 | 2.4 | 2.6 | 2.4 | 0.0% |
| Chile | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.4 | 2.4 | 2.6 | 2.4 | 0.0% |
Top Export Markets for Cheese of All Kinds, Grated or Powdered from Argentina in 2022:
- Paraguay (251.9 tons)
- Chile (7.8 tons)
Imports of Cheese of All Kinds, Grated or Powdered in Argentina
In 2022, approx. 141 tons of cheese of all kinds, grated or powdered were imported into Argentina; jumping by 26% compared with the previous year's figure. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +10.2% 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 +99.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 59%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of cheese of all kinds, grated or powdered skyrocketed to $1.4M in 2022. In general, imports recorded a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 54%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Cheese of All Kinds, Grated or Powdered in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | 898 | 607 | 1,011 | 1,374 | 15.2% |
| Others | 34.3 | 50.4 | N/A | N/A | 46.9% |
| Total | 932 | 657 | 1,011 | 1,374 | 13.8% |
Top Suppliers of Cheese of All Kinds, Grated or Powdered to Argentina in 2022:
- Uruguay (141.4 tons)
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