Price for Cheese of All Kinds, Grated or Powdered in Israel - 2024

Contents:

  1. Price for Cheese of All Kinds, Grated or Powdered in Israel (CIF) - 2024
  2. Price for Cheese of All Kinds, Grated or Powdered in Israel (FOB) - 2022
  3. Imports of Cheese of All Kinds, Grated or Powdered in Israel
  4. Exports of Cheese of All Kinds, Grated or Powdered in Israel

Price for Cheese of All Kinds, Grated or Powdered in Israel (CIF) - 2024

The average import price for cheese of all kinds, grated or powdered stood at $7,018 per ton in October 2023, stabilizing at the previous month. Over the period from January 2023 to October 2023, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 15% against the previous month. The import price peaked at $7,018 per ton in September 2023, and then dropped modestly in the following month.

Average prices varied noticeably amongst the major supplying countries. In October 2023, the countries with the highest prices were Poland ($7,018 per ton) and Denmark ($7,018 per ton), while the price for Italy ($7,018 per ton) and the UK ($7,018 per ton) were amongst the lowest.

From January 2023 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for cheese of all kinds, grated or powdered amounted to $6,062 per ton, approximately mirroring the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 8.6%. Over the period under review, the average export prices attained the maximum at $6,816 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($6,099 per ton), while the average price for exports to Palestine stood at $5,758 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.7%).

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

In 2022, approx. 421 tons of cheese of all kinds, grated or powdered were imported into Israel; dropping by -22.7% compared with the previous year's figure. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 40%. As a result, imports attained the peak of 544 tons, and then shrank significantly in the following year.

In value terms, imports of cheese of all kinds, grated or powdered reduced to $2.7M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 48%. As a result, imports reached the peak of $3.1M, and then shrank in the following year.

Import of Cheese of All Kinds, Grated or Powdered in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy4857831,6781,68651.5%
Poland604779313435-10.4%
United States546331682212-27.0%
DenmarkN/AN/AN/A2040%
Turkey70.07.011514627.8%
United Kingdom14961.0207N/A17.9%
France13320.0N/AN/A-85.0%
Others48.011195.06.0-50.0%
Total2,0352,0923,0902,6899.7%

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

  1. Italy (263.7 tons)
  2. Poland (68.0 tons)
  3. United States (33.2 tons)
  4. Denmark (31.9 tons)
  5. Turkey (22.8 tons)

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

After two years of decline, overseas shipments of cheese of all kinds, grated or powdered increased by 16% to 347 tons in 2022. Over the period under review, exports, however, saw a abrupt curtailment.

In value terms, exports of cheese of all kinds, grated or powdered surged to $2.1M in 2022. Overall, exports, however, faced a abrupt contraction.

Export of Cheese of All Kinds, Grated or Powdered in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.92.31.71.9-13.1%
Palestine0.30.10.10.2-12.6%
OthersN/AN/AN/AN/A0%
Total3.12.41.82.1-12.2%

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

  1. United States (308.7 tons)
  2. Palestine (37.8 tons)

Source: IndexBox Market Intelligence Platform

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