Price for Cheese of All Kinds, Grated or Powdered in Japan - 2023
Contents:
- Price for Cheese of All Kinds, Grated or Powdered in Japan (CIF) - 2023
- Price for Cheese of All Kinds, Grated or Powdered in Japan (FOB) - 2022
- Imports of Cheese of All Kinds, Grated or Powdered in Japan
- Exports of Cheese of All Kinds, Grated or Powdered in Japan
Price for Cheese of All Kinds, Grated or Powdered in Japan (CIF) - 2023
In November 2023, the average import price for cheese of all kinds, grated or powdered amounted to $10,359 per ton, approximately mirroring the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in April 2023 an increase of 19% against the previous month. As a result, import price attained the peak level of $10,412 per ton; afterwards, it flattened through to November 2023.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the United States ($12,690 per ton), while the price for Denmark ($7,907 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 Denmark (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cheese of All Kinds, Grated or Powdered in Japan (FOB) - 2022
In 2022, the average export price for cheese of all kinds, grated or powdered amounted to $33,624 per ton, which is down by -8.9% against the previous year. Overall, the export price, however, showed prominent growth. The growth pace was the most rapid in 2018 an increase of 69%. As a result, the export price reached the peak level of $38,274 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($33,935 per ton), while the average price for exports to Lao People's Democratic Republic totaled $20,444 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (-0.5%), while the prices for the other major destinations experienced a decline.
Imports of Cheese of All Kinds, Grated or Powdered in Japan
In 2022, imports of cheese of all kinds, grated or powdered into Japan fell to 5.1K tons, which is down by -10% on 2021 figures. Over the period under review, imports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 4.5% against the previous year. As a result, imports attained the peak of 5.7K tons, and then fell in the following year.
In value terms, imports of cheese of all kinds, grated or powdered fell to $48M in 2022. Overall, imports showed a perceptible decline. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. As a result, imports attained the peak of $55M, and then shrank in the following year.
| Import of Cheese of All Kinds, Grated or Powdered in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 26.0 | 23.9 | 29.0 | 24.3 | -2.2% |
| Denmark | 18.4 | 18.1 | 18.0 | 15.6 | -5.4% |
| Italy | 5.8 | 6.0 | 6.3 | 6.7 | 4.9% |
| Others | 0.5 | 0.8 | 1.5 | 0.9 | 21.6% |
| Total | 50.7 | 48.9 | 54.9 | 47.5 | -2.1% |
Top Suppliers of Cheese of All Kinds, Grated or Powdered to Japan in 2022:
- Denmark (2.3K tons)
- United States (1.9K tons)
- Italy (0.8K tons)
Exports of Cheese of All Kinds, Grated or Powdered in Japan
In 2022, overseas shipments of cheese of all kinds, grated or powdered decreased by -57.6% to 5.8 tons, falling for the second year in a row after two years of growth. Overall, exports showed a pronounced decrease. The most prominent rate of growth was recorded in 2020 with an increase of 120% against the previous year. As a result, the exports attained the peak of 14 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of cheese of all kinds, grated or powdered contracted significantly to $197K in 2022. Over the period under review, exports continue to indicate a noticeable contraction. The growth pace was the most rapid in 2020 with an increase of 135% against the previous year. As a result, the exports reached the peak of $520K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Cheese of All Kinds, Grated or Powdered in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 199 | 497 | 465 | 194 | -0.8% |
| Lao People's Democratic Republic | N/A | 20.2 | 16.1 | 2.8 | -62.8% |
| Hong Kong SAR | 7.6 | N/A | 24.8 | N/A | 80.6% |
| Taiwan (Chinese) | 8.5 | N/A | 2.5 | N/A | -45.8% |
| Others | 5.7 | 2.8 | N/A | N/A | -50.9% |
| Total | 221 | 520 | 509 | 197 | -3.8% |
Top Export Markets for Cheese of All Kinds, Grated or Powdered from Japan in 2022:
- Vietnam (5.7 tons)
- Lao People's Democratic Republic (0.1 tons)
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