Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Bangladesh - 2022
Contents:
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Bangladesh (CIF) - 2022
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Bangladesh (FOB) - 2022
- Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Bangladesh
- Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Bangladesh
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Bangladesh (CIF) - 2022
The average import price for cheese, other than blue-veined, grated, powdered or processed stood at $4,940 per ton in 2022, picking up by 7.1% against the previous year. In general, the import price saw a prominent increase. The pace of growth was the most pronounced in 2016 when the average import price increased by 49%. The import price peaked at $5,331 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($8,765 per ton), while the price for Malaysia ($284 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+24.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Bangladesh (FOB) - 2022
The average export price for cheese, other than blue-veined, grated, powdered or processed stood at $6,006 per ton in 2022, flattening at the previous year. Overall, the export price posted temperate growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 29% against the previous year. As a result, the export price reached the peak level of $6,309 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Nigeria.
From 2012 to 2022, the rate of growth in terms of prices for Nigeria amounted to +1.5% per year.
Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Bangladesh
In 2022, imports of cheese, other than blue-veined, grated, powdered or processed into Bangladesh fell to 254 tons, reducing by -8.2% on the year before. Over the period under review, imports recorded a noticeable downturn. The growth pace was the most rapid in 2021 when imports increased by 20%.
In value terms, imports of cheese, other than blue-veined, grated, powdered or processed fell slightly to $1.3M in 2022. Overall, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 3.5% against the previous year.
| Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 608 | 369 | 362 | 416 | -11.9% |
| United Arab Emirates | 200 | 469 | 254 | 301 | 14.6% |
| Australia | 290 | 143 | 290 | 189 | -13.3% |
| Netherlands | 262 | 105 | 120 | 91.7 | -29.5% |
| Belgium | 8.9 | 6.2 | 41.1 | 72.5 | 101.2% |
| China | 15.0 | 17.3 | 22.7 | 26.2 | 20.4% |
| United Kingdom | 39.1 | 37.6 | 44.2 | 2.2 | -61.7% |
| Malaysia | 2.2 | 2.1 | 2.2 | 2.1 | -1.5% |
| Others | 72.7 | 85.5 | 141 | 155 | 28.7% |
| Total | 1,498 | 1,234 | 1,277 | 1,255 | -5.7% |
Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to Bangladesh in 2022:
- India (91.3 tons)
- United Arab Emirates (63.9 tons)
- Australia (32.8 tons)
- China (18.8 tons)
- Netherlands (10.6 tons)
- Belgium (8.3 tons)
- Malaysia (7.4 tons)
- United Kingdom (0.5 tons)
Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Bangladesh
In 2022, after three years of growth, there was significant decline in shipments abroad of cheese, other than blue-veined, grated, powdered or processed, when their volume decreased by -24.3% to 4.6 tons. Overall, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 639%.
In value terms, exports of cheese, other than blue-veined, grated, powdered or processed reduced sharply to $27K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 803%.
| Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | 2.0 | 19.0 | 23.9 | 25.7 | 134.2% |
| Azerbaijan | N/A | N/A | 11.8 | N/A | 0% |
| Others | 0.1 | N/A | 0.2 | 1.7 | 157.1% |
| Total | 2.1 | 19.0 | 35.8 | 27.4 | 135.4% |
Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from Bangladesh in 2022:
- Nigeria (4.5 tons)
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