Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Brazil - 2024
Contents:
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Brazil (CIF) - 2024
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Brazil (FOB) - 2024
- Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Brazil
- Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Brazil
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Brazil (CIF) - 2024
In January 2024, the average import price for cheese, other than blue-veined, grated, powdered or processed amounted to $5,613 per ton, stabilizing at the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 7.5% m-o-m. As a result, import price attained the peak level of $6,636 per ton. From May 2023 to January 2024, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($11,878 per ton), while the price for Argentina ($4,636 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by France (+0.9%), while the prices for the other major suppliers experienced a decline.
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Brazil (FOB) - 2024
The average export price for cheese, other than blue-veined, grated, powdered or processed stood at $7,571 per ton in January 2024, with an increase of 28% against the previous month. Overall, the export price, however, saw a mild descent. The pace of growth appeared the most rapid in November 2023 an increase of 85% month-to-month. Over the period under review, the average export prices attained the peak figure at $13,159 per ton in August 2023; however, from September 2023 to January 2024, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In January 2024, the country with the highest price was Russia ($9,889 per ton), while the average price for exports to Cuba ($4,729 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Brazil
Imports of cheese, other than blue-veined, grated, powdered or processed into Brazil amounted to 11K tons in 2022, remaining stable against the previous year. The total import volume increased at an average annual rate of +7.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of cheese, other than blue-veined, grated, powdered or processed rose notably to $64M in 2022. The total import value increased at an average annual rate of +6.3% 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 with an increase of 7.1% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 26.1 | 25.9 | 33.9 | 39.3 | 14.6% |
| Uruguay | 9.4 | 15.7 | 9.5 | 12.8 | 10.8% |
| Netherlands | 6.8 | 6.8 | 6.7 | 5.0 | -9.7% |
| Italy | 3.8 | 3.1 | 3.3 | 3.5 | -2.7% |
| France | 4.9 | 4.1 | 5.5 | 2.7 | -18.0% |
| Others | 2.7 | 1.7 | 1.6 | 1.1 | -25.9% |
| Total | 53.6 | 57.4 | 60.3 | 64.4 | 6.3% |
Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to Brazil in 2022:
- Argentina (7.3K tons)
- Uruguay (2.3K tons)
- Netherlands (0.6K tons)
- Italy (0.3K tons)
- France (0.3K tons)
Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Brazil
In 2022, exports of cheese, other than blue-veined, grated, powdered or processed from Brazil skyrocketed to 850 tons, jumping by 18% on the previous year's figure. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 158% against the previous year. As a result, the exports reached the peak of 1K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of cheese, other than blue-veined, grated, powdered or processed soared to $7.3M in 2022. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 68%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 1,251 | 1,714 | 2,196 | 3,485 | 40.7% |
| Cuba | N/A | N/A | 489 | 1,105 | 126.0% |
| Chile | 586 | 2,276 | 634 | 939 | 17.0% |
| United States | 234 | 408 | 478 | 791 | 50.1% |
| Russia | 118 | 270 | 294 | 339 | 42.2% |
| Angola | 68.2 | 58.2 | 12.4 | 97.5 | 12.7% |
| Paraguay | 16.7 | 44.5 | 89.7 | 80.5 | 68.9% |
| Argentina | 409 | 26.5 | 508 | 21.4 | -62.6% |
| Others | 410 | 391 | 383 | 474 | 5.0% |
| Total | 3,094 | 5,189 | 5,085 | 7,333 | 33.3% |
Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from Brazil in 2022:
- Cuba (287.6 tons)
- Taiwan (Chinese) (225.7 tons)
- Chile (115.2 tons)
- United States (104.7 tons)
- Russia (37.7 tons)
- Angola (13.0 tons)
- Paraguay (12.9 tons)
- Argentina (2.2 tons)
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