Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ecuador - 2022
Contents:
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ecuador (CIF) - 2022
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ecuador (FOB) - 2022
- Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ecuador
- Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ecuador
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ecuador (CIF) - 2022
In 2022, the average import price for cheese, other than blue-veined, grated, powdered or processed amounted to $7,244 per ton, surging by 21% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($17,371 per ton), while the price for the Netherlands ($5,747 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+27.1%), 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 Ecuador (FOB) - 2022
In 2022, the average export price for cheese, other than blue-veined, grated, powdered or processed amounted to $4,618 per ton, surging by 4.2% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 41%. Over the period under review, the average export prices reached the peak figure at $4,741 per ton in 2012; however, from 2013 to 2022, 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 the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +5.3% per year.
Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ecuador
After three years of growth, overseas purchases of cheese, other than blue-veined, grated, powdered or processed decreased by -35.1% to 524 tons in 2022. Overall, imports, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2021 when imports increased by 152% against the previous year. As a result, imports attained the peak of 807 tons, and then shrank markedly in the following year.
In value terms, imports of cheese, other than blue-veined, grated, powdered or processed shrank dramatically to $3.8M in 2022. In general, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when imports increased by 137% against the previous year. As a result, imports reached the peak of $4.8M, and then declined remarkably in the following year.
| Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 28.7 | 14.3 | 19.5 | 2,011 | 312.3% |
| Italy | 268 | 333 | 865 | 899 | 49.7% |
| Spain | 241 | 225 | 484 | 448 | 23.0% |
| France | 75.1 | 78.6 | 220 | 202 | 39.1% |
| Switzerland | N/A | N/A | 119 | 148 | 24.4% |
| Denmark | 106 | 41.3 | 132 | 52.9 | -20.7% |
| United States | 135 | 76.9 | 85.4 | 32.2 | -38.0% |
| Others | 1,025 | 1,260 | 2,893 | 1.3 | -89.2% |
| Total | 1,878 | 2,029 | 4,818 | 3,794 | 26.4% |
Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to Ecuador in 2022:
- Netherlands (349.9 tons)
- Italy (91.8 tons)
- Spain (48.1 tons)
- France (15.2 tons)
- Switzerland (8.5 tons)
- United States (5.1 tons)
- Denmark (5.0 tons)
Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ecuador
Exports of cheese, other than blue-veined, grated, powdered or processed from Ecuador surged to 8.4 tons in 2022, jumping by 28% on 2021 figures. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 250%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of cheese, other than blue-veined, grated, powdered or processed skyrocketed to $39K in 2022. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 162% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.4 | 11.2 | 19.8 | 38.7 | 124.9% |
| Luxembourg | 2.4 | 3.6 | 5.4 | N/A | 50.0% |
| Germany | N/A | 3.7 | N/A | N/A | 0% |
| Others | 2.2 | 2.2 | 3.7 | N/A | 29.7% |
| Total | 7.9 | 20.7 | 28.9 | 38.7 | 69.8% |
Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from Ecuador in 2022:
- United States (8.4 tons)
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