Price for Cheese of All Kinds, Grated or Powdered in Ecuador - 2022

Contents:

  1. Price for Cheese of All Kinds, Grated or Powdered in Ecuador (CIF) - 2022
  2. Price for Cheese of All Kinds, Grated or Powdered in Ecuador (FOB) - 2022
  3. Imports of Cheese of All Kinds, Grated or Powdered in Ecuador
  4. Exports of Cheese of All Kinds, Grated or Powdered in Ecuador

Price for Cheese of All Kinds, Grated or Powdered in Ecuador (CIF) - 2022

In 2022, the average import price for cheese of all kinds, grated or powdered amounted to $8,056 per ton, increasing by 78% against the previous year. In general, the import price continues to indicate a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($11,531 per ton), while the price for Spain ($5,449 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+27.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cheese of All Kinds, Grated or Powdered in Ecuador (FOB) - 2022

In 2022, the average export price for cheese of all kinds, grated or powdered amounted to $3,652 per ton, growing by 6.6% against the previous year. Overall, the export price, however, showed a deep downturn. The pace of growth was the most pronounced in 2018 when the average export price increased by 21% against the previous year. The export price peaked at $9,900 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to -7.9% per year.

Imports of Cheese of All Kinds, Grated or Powdered in Ecuador

Imports of cheese of all kinds, grated or powdered into Ecuador soared to 40 tons in 2022, with an increase of 17% on the previous year. In general, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 201%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of cheese of all kinds, grated or powdered surged to $326K in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 182%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Import of Cheese of All Kinds, Grated or Powdered in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States26.58.122.516885.1%
Spain83.319.057.870.6-5.4%
ItalyN/A22.739.765.870.3%
DenmarkN/A3.522.514.6104.2%
France5.52.013.76.13.5%
OthersN/AN/AN/AN/A0%
Total11555.315632641.5%

Top Suppliers of Cheese of All Kinds, Grated or Powdered to Ecuador in 2022:

  1. United States (18.3 tons)
  2. Spain (13.0 tons)
  3. Italy (7.2 tons)
  4. Denmark (1.3 tons)
  5. France (0.7 tons)

Exports of Cheese of All Kinds, Grated or Powdered in Ecuador

In 2022, overseas shipments of cheese of all kinds, grated or powdered were finally on the rise to reach 224 kg after two years of decline. Overall, exports, however, faced a precipitous setback.

In value terms, exports of cheese of all kinds, grated or powdered skyrocketed to $818 in 2022. Over the period under review, exports, however, saw a sharp reduction.

Export of Cheese of All Kinds, Grated or Powdered in Ecuador (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,4851,353152818-31.0%
Maldives3061237.0N/A-84.9%
OthersN/AN/A2.0N/A0%
Total2,7911,476161818-33.6%

Top Export Markets for Cheese of All Kinds, Grated or Powdered from Ecuador in 2022:

  1. United States (224.0 kg)

Source: IndexBox Market Intelligence Platform

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