Price for Cheese of All Kinds, Grated or Powdered in Luxembourg - 2023
Contents:
- Price for Cheese of All Kinds, Grated or Powdered in Luxembourg (CIF) - 2023
- Price for Cheese of All Kinds, Grated or Powdered in Luxembourg (FOB) - 2023
- Imports of Cheese of All Kinds, Grated or Powdered in Luxembourg
- Exports of Cheese of All Kinds, Grated or Powdered in Luxembourg
Price for Cheese of All Kinds, Grated or Powdered in Luxembourg (CIF) - 2023
The average import price for cheese of all kinds, grated or powdered stood at $7,916 per ton in October 2023, with a decrease of -2.8% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in January 2023 an increase of 8.2% against the previous month. The import price peaked at $8,427 per ton in April 2023; however, from May 2023 to October 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Switzerland.
From October 2022 to October 2023, the rate of growth in terms of prices for Italy amounted to +1.7% per month.
Price for Cheese of All Kinds, Grated or Powdered in Luxembourg (FOB) - 2023
The average export price for cheese of all kinds, grated or powdered stood at $9,157 per ton in November 2023, leveling off at the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in October 2023 when the average export price increased by 11% month-to-month. The export price peaked at $9,827 per ton in July 2023; however, from August 2023 to November 2023, 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 Azerbaijan.
From November 2022 to November 2023, the rate of growth in terms of prices for Germany amounted to +5.3% per month.
Imports of Cheese of All Kinds, Grated or Powdered in Luxembourg
In 2022, overseas purchases of cheese of all kinds, grated or powdered decreased by -3.4% to 1.8K tons, falling for the second consecutive year after two years of growth. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 20%. As a result, imports attained the peak of 2.2K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of cheese of all kinds, grated or powdered expanded to $12M in 2022. The total import value increased at an average annual rate of +6.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 19% against the previous year. As a result, imports reached the peak of $12M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Cheese of All Kinds, Grated or Powdered in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 6.2 | 5.8 | 5.2 | 5.6 | -3.3% |
| Belgium | 1.7 | 4.2 | 4.5 | 4.8 | 41.3% |
| Italy | 0.7 | 0.7 | 0.9 | 0.8 | 4.6% |
| Germany | 0.9 | 0.7 | 0.9 | 0.6 | -12.6% |
| Netherlands | 0.5 | 0.3 | 0.4 | 0.4 | -7.2% |
| Poland | 0.2 | 0.7 | N/A | 0.1 | -20.6% |
| Others | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
| Total | 10.5 | 12.5 | 12.1 | 12.4 | 5.7% |
Top Suppliers of Cheese of All Kinds, Grated or Powdered to Luxembourg in 2022:
- France (785.8 tons)
- Belgium (754.0 tons)
- Italy (107.2 tons)
- Germany (96.7 tons)
- Netherlands (74.0 tons)
- Poland (13.6 tons)
Exports of Cheese of All Kinds, Grated or Powdered in Luxembourg
In 2022, approx. 796 tons of cheese of all kinds, grated or powdered were exported from Luxembourg; growing by 8.5% against the previous year. The total export volume increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 25%. As a result, the exports reached the peak of 929 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of cheese of all kinds, grated or powdered expanded notably to $5.3M in 2022. The total export value increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. As a result, the exports reached the peak of $6.2M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Cheese of All Kinds, Grated or Powdered in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 4.1 | 5.0 | 3.7 | 4.0 | -0.8% |
| France | 0.3 | 0.6 | 0.7 | 1.1 | 54.2% |
| Germany | 0.3 | 0.5 | 0.3 | 0.2 | -12.6% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 4.9 | 6.2 | 4.9 | 5.3 | 2.7% |
Top Export Markets for Cheese of All Kinds, Grated or Powdered from Luxembourg in 2022:
- Belgium (611.7 tons)
- France (154.4 tons)
- Germany (21.3 tons)
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