Price for Cheese of All Kinds, Grated or Powdered in Brazil - 2024
Contents:
- Price for Cheese of All Kinds, Grated or Powdered in Brazil (CIF) - 2022
- Price for Cheese of All Kinds, Grated or Powdered in Brazil (FOB) - 2022
- Imports of Cheese of All Kinds, Grated or Powdered in Brazil
- Exports of Cheese of All Kinds, Grated or Powdered in Brazil
Price for Cheese of All Kinds, Grated or Powdered in Brazil (CIF) - 2022
The average import price for cheese of all kinds, grated or powdered stood at $10,006 per ton in 2022, increasing by 8.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The growth pace was the most rapid in 2017 an increase of 8.8% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Uruguay ($10,811 per ton), while the price for Italy ($8,254 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cheese of All Kinds, Grated or Powdered in Brazil (FOB) - 2022
In 2022, the average export price for cheese of all kinds, grated or powdered amounted to $9,542 per ton, picking up by 5.5% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.3% 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 of all kinds, grated or powdered increased by +34.5% against 2018 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 35%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($13,822 per ton), while the average price for exports to Uruguay ($5,708 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 Panama (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cheese of All Kinds, Grated or Powdered in Brazil
After two years of decline, overseas purchases of cheese of all kinds, grated or powdered increased by 59% to 165 tons in 2022. In general, imports, however, saw a relatively flat trend pattern.
In value terms, imports of cheese of all kinds, grated or powdered surged to $1.6M in 2022. Overall, total imports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +3.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Cheese of All Kinds, Grated or Powdered in Brazil (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Uruguay | 750 | 876 | 727 | 892 | 6.0% |
Argentina | 697 | 149 | 212 | 726 | 1.4% |
Italy | 51.0 | 91.8 | 14.2 | 31.9 | -14.5% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1,499 | 1,117 | 953 | 1,650 | 3.3% |
Top Suppliers of Cheese of All Kinds, Grated or Powdered to Brazil in 2022:
- Uruguay (82.5 tons)
- Argentina (78.5 tons)
- Italy (3.9 tons)
Exports of Cheese of All Kinds, Grated or Powdered in Brazil
In 2022, overseas shipments of cheese of all kinds, grated or powdered decreased by -37% to 11 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 133% against the previous year. As a result, the exports reached the peak of 18 tons, and then contracted dramatically in the following year.
In value terms, exports of cheese of all kinds, grated or powdered declined remarkably to $110K in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 136% against the previous year. As a result, the exports reached the peak of $165K, and then dropped sharply in the following year.
Export of Cheese of All Kinds, Grated or Powdered in Brazil (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Colombia | N/A | N/A | 116 | 37.5 | -67.7% |
Marshall Islands | 3.3 | 4.6 | 5.2 | 9.9 | 44.2% |
Liberia | 2.8 | 3.1 | 5.7 | 8.1 | 42.5% |
Uruguay | N/A | N/A | N/A | 8.0 | 0% |
Panama | 2.6 | 3.3 | 2.2 | 7.9 | 44.8% |
United States | 1.8 | 8.6 | 10.5 | 6.7 | 55.0% |
Malta | 4.7 | 2.1 | 2.7 | 4.2 | -3.7% |
Greece | 2.5 | 3.0 | 3.2 | 4.0 | 17.0% |
Singapore | 1.2 | 1.3 | 1.7 | 2.9 | 34.2% |
Italy | 1.8 | 2.4 | 0.5 | 2.6 | 13.0% |
Bahamas | 1.7 | 1.1 | 1.7 | 2.2 | 9.0% |
Argentina | 19.0 | 3.2 | N/A | 1.8 | -54.4% |
Paraguay | 8.8 | 18.0 | 7.0 | 0.2 | -71.7% |
Others | 6.2 | 19.2 | 8.2 | 13.7 | 30.2% |
Total | 56.5 | 69.8 | 165 | 110 | 24.9% |
Top Export Markets for Cheese of All Kinds, Grated or Powdered from Brazil in 2022:
- Colombia (4212.0 kg)
- Uruguay (1402.0 kg)
- Marshall Islands (899.0 kg)
- Panama (770.0 kg)
- Liberia (720.0 kg)
- United States (484.0 kg)
- Malta (373.0 kg)
- Greece (369.0 kg)
- Argentina (300.0 kg)
- Singapore (238.0 kg)
- Italy (221.0 kg)
- Bahamas (203.0 kg)
- Paraguay (33.0 kg)
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In June 2023, the Cheese And Curd price reached $5,430 per ton (CIF, Brazil), reflecting a 3% increase compared to the previous month.
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