Price for Cheese of All Kinds, Grated or Powdered in Germany - 2023
Contents:
- Price for Cheese of All Kinds, Grated or Powdered in Germany (CIF) - 2023
- Price for Cheese of All Kinds, Grated or Powdered in Germany (FOB) - 2023
- Imports of Cheese of All Kinds, Grated or Powdered in Germany
- Exports of Cheese of All Kinds, Grated or Powdered in Germany
Price for Cheese of All Kinds, Grated or Powdered in Germany (CIF) - 2023
In November 2023, the average import price for cheese of all kinds, grated or powdered amounted to $6,852 per ton, therefore, remained relatively stable against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 when the average import price increased by 8.7% against the previous month. The import price peaked at $7,356 per ton in January 2023; however, from February 2023 to November 2023, import prices remained at a 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 Denmark amounted to +2.8% per month.
Price for Cheese of All Kinds, Grated or Powdered in Germany (FOB) - 2023
The average export price for cheese of all kinds, grated or powdered stood at $6,121 per ton in November 2023, remaining constant against the previous month. Overall, the export price, however, saw a slight decline. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 4.8% month-to-month. Over the period under review, the average export prices reached the maximum at $7,538 per ton in April 2023; however, from May 2023 to November 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Switzerland ($9,504 per ton), while the average price for exports to Maldives ($6,005 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 Serbia (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cheese of All Kinds, Grated or Powdered in Germany
In 2022, purchases abroad of cheese of all kinds, grated or powdered decreased by -2.4% to 45K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 5.6%. As a result, imports attained the peak of 46K tons, and then reduced slightly in the following year.
In value terms, imports of cheese of all kinds, grated or powdered soared to $302M in 2022. The total import value increased at an average annual rate of +10.7% 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 of All Kinds, Grated or Powdered in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 79.9 | 83.5 | 85.3 | 114 | 12.6% |
| Italy | 74.2 | 81.3 | 88.7 | 92.6 | 7.7% |
| Denmark | 22.3 | 28.2 | 32.0 | 34.9 | 16.1% |
| Switzerland | 12.3 | 12.7 | 17.9 | 17.8 | 13.1% |
| Austria | 6.1 | 3.7 | 10.8 | 12.7 | 27.7% |
| Belgium | 7.5 | 8.5 | 8.3 | 12.2 | 17.6% |
| Ireland | 13.2 | 7.6 | 10.8 | 10.2 | -8.2% |
| Others | 7.5 | 10.6 | 8.8 | 8.4 | 3.8% |
| Total | 223 | 236 | 263 | 302 | 10.6% |
Top Suppliers of Cheese of All Kinds, Grated or Powdered to Germany in 2022:
- Netherlands (19.8K tons)
- Italy (9.5K tons)
- Denmark (5.2K tons)
- Switzerland (3.2K tons)
- Belgium (2.1K tons)
- Ireland (1.8K tons)
- Austria (1.7K tons)
Exports of Cheese of All Kinds, Grated or Powdered in Germany
After three years of growth, shipments abroad of cheese of all kinds, grated or powdered decreased by -0.7% to 26K tons in 2022. The total export volume increased at an average annual rate of +7.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 18%.
In value terms, exports of cheese of all kinds, grated or powdered skyrocketed to $160M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.4% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cheese of All Kinds, Grated or Powdered in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 16.5 | 19.1 | 20.9 | 22.9 | 11.5% |
| Austria | 12.8 | 13.7 | 14.6 | 17.0 | 9.9% |
| Spain | 10.1 | 11.1 | 12.6 | 15.1 | 14.3% |
| Netherlands | 5.6 | 5.7 | 6.3 | 13.0 | 32.4% |
| Belgium | 6.3 | 8.0 | 9.8 | 11.0 | 20.4% |
| Romania | 2.8 | 6.2 | 8.8 | 10.3 | 54.4% |
| Finland | 7.1 | 8.7 | 7.4 | 8.1 | 4.5% |
| Italy | 9.6 | 8.6 | 8.9 | 7.5 | -7.9% |
| Hungary | 3.2 | 4.8 | 6.2 | 7.2 | 31.0% |
| Poland | 7.5 | 5.7 | 5.5 | 6.6 | -4.2% |
| Portugal | 2.7 | 4.0 | 4.5 | 5.2 | 24.4% |
| Switzerland | 4.3 | 4.2 | 5.0 | 4.9 | 4.5% |
| Czech Republic | 2.6 | 3.5 | 4.6 | 4.7 | 21.8% |
| Others | 12.3 | 17.8 | 20.2 | 26.3 | 28.8% |
| Total | 103 | 121 | 135 | 160 | 15.8% |
Top Export Markets for Cheese of All Kinds, Grated or Powdered from Germany in 2022:
- France (3.8K tons)
- Austria (2.7K tons)
- Netherlands (2.5K tons)
- Spain (2.4K tons)
- Belgium (1.7K tons)
- Romania (1.5K tons)
- Finland (1.3K tons)
- Hungary (1.2K tons)
- Italy (1.1K tons)
- Poland (1.0K tons)
- Czech Republic (0.8K tons)
- Portugal (0.8K tons)
- Switzerland (0.6K tons)
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