Price for Cheese of All Kinds, Grated or Powdered in Greece - 2023
Contents:
- Price for Cheese of All Kinds, Grated or Powdered in Greece (CIF) - 2023
- Price for Cheese of All Kinds, Grated or Powdered in Greece (FOB) - 2023
- Imports of Cheese of All Kinds, Grated or Powdered in Greece
- Exports of Cheese of All Kinds, Grated or Powdered in Greece
Price for Cheese of All Kinds, Grated or Powdered in Greece (CIF) - 2023
The average import price for cheese of all kinds, grated or powdered stood at $7,104 per ton in November 2023, surging by 4% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 30% month-to-month. As a result, import price reached the peak level of $10,236 per ton. From January 2023 to November 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Italy ($11,400 per ton), while the price for Estonia ($2,071 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cheese of All Kinds, Grated or Powdered in Greece (FOB) - 2023
In November 2023, the average export price for cheese of all kinds, grated or powdered amounted to $6,815 per ton, with a decrease of -6.6% against the previous month. Over the period under review, export price indicated a modest increase from November 2022 to November 2023: its price increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for cheese of all kinds, grated or powdered decreased by -34.1% against September 2023 indices. The most prominent rate of growth was recorded in May 2023 an increase of 31% against the previous month. Over the period under review, the average export prices hit record highs at $10,340 per ton in September 2023; however, from October 2023 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was the United States ($13,555 per ton), while the average price for exports to Germany ($2,052 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 Cyprus (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cheese of All Kinds, Grated or Powdered in Greece
Imports of cheese of all kinds, grated or powdered into Greece fell to 1.2K tons in 2022, which is down by -13.2% on 2021 figures. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. As a result, imports attained the peak of 1.4K tons, and then reduced in the following year.
In value terms, imports of cheese of all kinds, grated or powdered surged to $9.4M in 2022. The total import value increased at an average annual rate of +8.9% from 2019 to 2022; the trend pattern 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 Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 3,224 | 2,757 | 3,318 | 4,365 | 10.6% |
| Denmark | 828 | 1,349 | 1,871 | 1,917 | 32.3% |
| Germany | 1,333 | 1,280 | 1,359 | 1,596 | 6.2% |
| Netherlands | 581 | 407 | 579 | 607 | 1.5% |
| France | 112 | 43.4 | 131 | 299 | 38.7% |
| Ireland | N/A | N/A | 55.8 | 248 | 344.4% |
| Estonia | 192 | 74.1 | 230 | 162 | -5.5% |
| Bulgaria | 323 | 222 | 84.3 | 82.0 | -36.7% |
| Belgium | 646 | 661 | 292 | 59.3 | -54.9% |
| Others | 67.2 | 210 | 151 | 90.0 | 10.2% |
| Total | 7,307 | 7,004 | 8,071 | 9,425 | 8.9% |
Top Suppliers of Cheese of All Kinds, Grated or Powdered to Greece in 2022:
- Italy (410.1 tons)
- Germany (245.0 tons)
- Denmark (216.5 tons)
- Netherlands (93.9 tons)
- Estonia (83.4 tons)
- France (48.2 tons)
- Ireland (37.1 tons)
- Bulgaria (26.8 tons)
- Belgium (9.9 tons)
Exports of Cheese of All Kinds, Grated or Powdered in Greece
In 2022, the amount of cheese of all kinds, grated or powdered exported from Greece skyrocketed to 438 tons, jumping by 19% against 2021 figures. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 726%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of cheese of all kinds, grated or powdered skyrocketed to $2.6M in 2022. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 458%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Cheese of All Kinds, Grated or Powdered in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 44.1 | 53.9 | 876 | 850 | 168.1% |
| Cyprus | 344 | 225 | 408 | 645 | 23.3% |
| Finland | N/A | N/A | 173 | 270 | 56.1% |
| Poland | N/A | N/A | 165 | 268 | 62.4% |
| Italy | N/A | 1.0 | 78.1 | 149 | 1120.7% |
| Spain | N/A | 0.2 | 17.1 | 108 | 2223.8% |
| United Kingdom | 149 | 30.9 | 34.5 | 80.8 | -18.5% |
| Others | 51.5 | 22.4 | 109 | 248 | 68.9% |
| Total | 589 | 333 | 1,860 | 2,620 | 64.5% |
Top Export Markets for Cheese of All Kinds, Grated or Powdered from Greece in 2022:
- Germany (174.8 tons)
- Cyprus (86.6 tons)
- Finland (42.0 tons)
- Poland (38.3 tons)
- Italy (22.5 tons)
- Spain (18.0 tons)
- United Kingdom (17.4 tons)
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