Price for Cheese of All Kinds, Grated or Powdered in Slovakia - 2023

Contents:

  1. Price for Cheese of All Kinds, Grated or Powdered in Slovakia (CIF) - 2023
  2. Price for Cheese of All Kinds, Grated or Powdered in Slovakia (FOB) - 2022
  3. Imports of Cheese of All Kinds, Grated or Powdered in Slovakia
  4. Exports of Cheese of All Kinds, Grated or Powdered in Slovakia

Price for Cheese of All Kinds, Grated or Powdered in Slovakia (CIF) - 2023

The average import price for cheese of all kinds, grated or powdered stood at $7,221 per ton in September 2023, surging by 2.6% against the previous month. Overall, the import price continues to indicate a mild increase. The growth pace was the most rapid in August 2023 when the average import price increased by 7.2% against the previous month. The import price peaked at $7,820 per ton in March 2023; however, from April 2023 to September 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($9,074 per ton), while the price for Germany ($4,504 per ton) was amongst the lowest.

From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for cheese of all kinds, grated or powdered stood at $7,138 per ton in 2022, with an increase of 15% against the previous year. Overall, the export price posted a remarkable increase. The pace of growth was the most pronounced in 2013 an increase of 153%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($10,814 per ton), while the average price for exports to Hungary ($5,345 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of cheese of all kinds, grated or powdered imported into Slovakia skyrocketed to 1.9K tons, picking up by 39% on 2021 figures. Overall, imports, however, faced a precipitous descent.

In value terms, imports of cheese of all kinds, grated or powdered skyrocketed to $12M in 2022. Over the period under review, imports, however, recorded a noticeable decline.

Import of Cheese of All Kinds, Grated or Powdered in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1.92.13.16.349.1%
Germany1.01.41.62.230.1%
Poland5.54.21.51.3-38.2%
Czech Republic0.10.20.30.8100.0%
NetherlandsN/AN/A0.10.7600.0%
Hungary4.36.60.70.2-64.0%
BelgiumN/AN/AN/A0.10%
Others1.30.20.40.8-14.9%
Total14.114.77.712.4-4.2%

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

  1. Italy (833.8 tons)
  2. Germany (458.7 tons)
  3. Poland (168.6 tons)
  4. Netherlands (126.3 tons)
  5. Czech Republic (109.7 tons)
  6. Hungary (36.5 tons)
  7. Belgium (36.0 tons)

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

For the third year in a row, Slovakia recorded decline in overseas shipments of cheese of all kinds, grated or powdered, which decreased by -30.4% to 144 tons in 2022. Over the period under review, exports showed a dramatic contraction. The smallest decline of -21.9% was in 2020.

In value terms, exports of cheese of all kinds, grated or powdered shrank sharply to $1M in 2022. In general, exports continue to indicate a precipitous curtailment.

Export of Cheese of All Kinds, Grated or Powdered in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine3154584253957.8%
Czech Republic15311617226119.5%
Hungary6,6645,031686168-70.7%
AustriaN/A0.90.21311106.5%
BulgariaN/AN/AN/A68.60%
Others2.7N/A1.75.526.8%
Total7,1355,6051,2851,029-47.6%

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

  1. Ukraine (54.2 tons)
  2. Czech Republic (33.0 tons)
  3. Hungary (31.5 tons)
  4. Bulgaria (12.7 tons)
  5. Austria (12.1 tons)

Source: IndexBox Market Intelligence Platform

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