Price for Cheese of All Kinds, Grated or Powdered in Austria - 2023
Contents:
- Price for Cheese of All Kinds, Grated or Powdered in Austria (CIF) - 2023
- Price for Cheese of All Kinds, Grated or Powdered in Austria (FOB) - 2023
- Imports of Cheese of All Kinds, Grated or Powdered in Austria
- Exports of Cheese of All Kinds, Grated or Powdered in Austria
Price for Cheese of All Kinds, Grated or Powdered in Austria (CIF) - 2023
The average import price for cheese of all kinds, grated or powdered stood at $4,936 per ton in November 2023, waning by -9.6% against the previous month. Overall, the import price continues to indicate a slight descent. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 8.9% against the previous month. The import price peaked at $6,599 per ton in April 2023; however, from May 2023 to November 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Switzerland.
From November 2022 to November 2023, the rate of growth in terms of prices for Italy amounted to +1.2% per month.
Price for Cheese of All Kinds, Grated or Powdered in Austria (FOB) - 2023
In November 2023, the average export price for cheese of all kinds, grated or powdered amounted to $7,000 per ton, approximately equating the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 10% against the previous month. Over the period under review, the average export prices hit record highs at $7,581 per ton in April 2023; however, from May 2023 to November 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In November 2023, the country with the highest price was Liechtenstein ($8,544 per ton), while the average price for exports to Switzerland ($7,345 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 the United Arab Emirates (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cheese of All Kinds, Grated or Powdered in Austria
In 2022, imports of cheese of all kinds, grated or powdered into Austria soared to 13K tons, growing by 40% on 2021. Over the period under review, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 54%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of cheese of all kinds, grated or powdered soared to $75M in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 70%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Cheese of All Kinds, Grated or Powdered in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 21.2 | 14.0 | 29.1 | 49.7 | 32.8% |
| Italy | 10.6 | 9.7 | 9.6 | 10.1 | -1.6% |
| Netherlands | 2.6 | 2.9 | 4.9 | 6.6 | 36.4% |
| Belgium | 2.4 | 1.7 | 4.8 | 5.8 | 34.2% |
| Others | 0.9 | 1.3 | 2.0 | 3.1 | 51.0% |
| Total | 37.9 | 29.6 | 50.3 | 75.4 | 25.8% |
Top Suppliers of Cheese of All Kinds, Grated or Powdered to Austria in 2022:
- Germany (8.9K tons)
- Netherlands (1.2K tons)
- Belgium (1.1K tons)
- Italy (1.0K tons)
Exports of Cheese of All Kinds, Grated or Powdered in Austria
In 2022, approx. 3K tons of cheese of all kinds, grated or powdered were exported from Austria; picking up by 3.3% against 2021 figures. The total export volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, exports of cheese of all kinds, grated or powdered reduced slightly to $21M in 2022. The total export value increased at an average annual rate of +9.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 15%. As a result, the exports reached the peak of $21M, and then fell slightly in the following year.
| Export of Cheese of All Kinds, Grated or Powdered in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 13.1 | 14.3 | 15.9 | 15.0 | 4.6% |
| Italy | 0.2 | 0.4 | 0.7 | 1.1 | 76.5% |
| Slovenia | 0.8 | 0.6 | 0.8 | 1.0 | 7.7% |
| Romania | N/A | N/A | 0.7 | 0.8 | 14.3% |
| Czech Republic | 0.1 | 0.1 | 0.1 | 0.6 | 81.7% |
| Hungary | 0.5 | 0.1 | 0.2 | 0.6 | 6.3% |
| Croatia | 0.3 | 0.3 | 0.4 | 0.6 | 26.0% |
| Switzerland | 0.5 | 2.1 | 1.4 | 0.4 | -7.2% |
| Others | 0.4 | 0.2 | 0.6 | 0.6 | 14.5% |
| Total | 15.9 | 18.1 | 20.8 | 20.6 | 9.0% |
Top Export Markets for Cheese of All Kinds, Grated or Powdered from Austria in 2022:
- Germany (2077.9 tons)
- Italy (181.8 tons)
- Slovenia (175.4 tons)
- Romania (139.8 tons)
- Czech Republic (116.3 tons)
- Croatia (103.6 tons)
- Hungary (83.8 tons)
- Switzerland (41.5 tons)
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