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

Contents:

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

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

The average import price for cheese of all kinds, grated or powdered stood at $6,682 per ton in November 2023, remaining relatively unchanged against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in July 2023 when the average import price increased by 23% m-o-m. As a result, import price attained the peak level of $7,748 per ton. From August 2023 to November 2023, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From November 2022 to November 2023, the rate of growth in terms of prices for Italy amounted to +1.4% per month.

Price for Cheese of All Kinds, Grated or Powdered in Spain (FOB) - 2023

The average export price for cheese of all kinds, grated or powdered stood at $6,615 per ton in November 2023, surging by 5.4% against the previous month. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in June 2023 when the average export price increased by 17% month-to-month. The export price peaked in November 2023.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($21,667 per ton), while the average price for exports to the Dominican Republic ($4,758 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 Gibraltar (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of cheese of all kinds, grated or powdered into Spain fell modestly to 22K tons in 2022, remaining stable against the previous year's figure. In general, imports saw a mild setback. The growth pace was the most rapid in 2021 with an increase of 6.1% against the previous year.

In value terms, imports of cheese of all kinds, grated or powdered expanded sharply to $124M in 2022. The total import value increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. 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 Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France28.531.028.432.03.9%
Italy15.418.521.027.721.6%
Germany19.114.117.524.18.1%
Netherlands21.421.824.321.1-0.5%
Denmark6.27.38.39.916.9%
Portugal0.70.60.73.977.3%
Belgium4.26.710.03.4-6.8%
Poland2.11.31.71.2-17.0%
Others4.02.90.91.1-35.0%
Total1021041131246.7%

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

  1. France (6.4K tons)
  2. Germany (4.4K tons)
  3. Netherlands (4.0K tons)
  4. Italy (3.4K tons)
  5. Denmark (1.4K tons)
  6. Belgium (0.8K tons)
  7. Portugal (0.7K tons)
  8. Poland (0.3K tons)

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

For the fourth year in a row, Spain recorded growth in overseas shipments of cheese of all kinds, grated or powdered, which increased by 43% to 7.7K tons in 2022. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cheese of all kinds, grated or powdered soared to $45M in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cheese of All Kinds, Grated or Powdered in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal7.69.013.715.025.4%
NetherlandsN/A0.30.410.2483.1%
France2.72.62.710.155.2%
Germany1.12.12.63.039.7%
Greece0.80.70.81.214.5%
Malta0.50.60.71.233.9%
United Kingdom0.10.10.31.1122.4%
Italy0.61.10.10.2-30.7%
Others2.02.32.83.115.7%
Total15.318.824.345.043.3%

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

  1. Portugal (2716.3 tons)
  2. France (1678.1 tons)
  3. Netherlands (1559.7 tons)
  4. Germany (474.6 tons)
  5. Malta (282.1 tons)
  6. Greece (219.1 tons)
  7. United Kingdom (183.5 tons)
  8. Italy (38.9 tons)

Source: IndexBox Market Intelligence Platform

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