Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in France - 2023
Contents:
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in France (FOB) - 2023
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in France (CIF) - 2023
- Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in France
- Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in France
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in France (FOB) - 2023
In October 2023, the average export price for cheese, other than blue-veined, grated, powdered or processed amounted to $10,438 per ton, surging by 23% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +3.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Australia ($14,131 per ton), while the average price for exports to Morocco ($9,192 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to New Caledonia (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in France (CIF) - 2023
In October 2023, the average import price for cheese, other than blue-veined, grated, powdered or processed amounted to $7,202 per ton, surging by 5.8% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 14% month-to-month. Over the period under review, average import prices attained the maximum at $7,364 per ton in December 2022; however, from January 2023 to October 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($15,655 per ton), while the price for the UK totaled $5,909 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Spain (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in France
Exports of cheese, other than blue-veined, grated, powdered or processed from France was estimated at 360K tons in 2022, flattening at the previous year. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 5%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of cheese, other than blue-veined, grated, powdered or processed shrank to $2.5B in 2022. The total export value increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 8.8%. As a result, the exports attained the peak of $2.6B, and then fell in the following year.
| Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 674 | 710 | 744 | 680 | 0.3% |
| Belgium | 285 | 313 | 320 | 301 | 1.8% |
| Luxembourg | 158 | 159 | 183 | 211 | 10.1% |
| United Kingdom | 176 | 167 | 197 | 201 | 4.5% |
| United States | 166 | 156 | 170 | 166 | 0.0% |
| Spain | 136 | 127 | 152 | 163 | 6.2% |
| Italy | 134 | 123 | 127 | 128 | -1.5% |
| Switzerland | 84.5 | 94.5 | 99.5 | 92.8 | 3.2% |
| Netherlands | 57.0 | 59.6 | 84.1 | 87.5 | 15.4% |
| Denmark | 45.0 | 44.1 | 50.2 | 53.7 | 6.1% |
| Canada | 53.4 | 58.3 | 49.5 | 46.2 | -4.7% |
| Portugal | 20.0 | 20.6 | 24.1 | 37.7 | 23.5% |
| Others | 342 | 325 | 365 | 361 | 1.8% |
| Total | 2,333 | 2,357 | 2,564 | 2,529 | 2.7% |
Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from France in 2022:
- Germany (99.6K tons)
- Belgium (38.8K tons)
- Luxembourg (32.2K tons)
- United Kingdom (26.7K tons)
- Spain (25.4K tons)
- Italy (21.6K tons)
- United States (18.8K tons)
- Netherlands (16.1K tons)
- Denmark (12.8K tons)
- Switzerland (10.7K tons)
- Portugal (6.3K tons)
- Canada (5.6K tons)
Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in France
Imports of cheese, other than blue-veined, grated, powdered or processed into France reached 207K tons in 2022, surging by 3.7% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 5.5%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, imports of cheese, other than blue-veined, grated, powdered or processed rose sharply to $1.4B in 2022. The total import value increased at an average annual rate of +10.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 13%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.
| Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 339 | 379 | 396 | 439 | 9.0% |
| Italy | 219 | 219 | 247 | 246 | 4.0% |
| Germany | 120 | 147 | 163 | 192 | 17.0% |
| United Kingdom | 40.6 | 38.6 | 95.4 | 139 | 50.7% |
| Ireland | 47.4 | 44.1 | 55.5 | 79.0 | 18.6% |
| Greece | 31.7 | 34.9 | 53.2 | 63.5 | 26.1% |
| Spain | 43.9 | 42.5 | 42.7 | 51.3 | 5.3% |
| Belgium | 66.5 | 69.5 | 50.2 | 43.6 | -13.1% |
| Others | 91.3 | 86.4 | 100 | 104 | 4.4% |
| Total | 999 | 1,061 | 1,203 | 1,357 | 10.7% |
Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to France in 2022:
- Netherlands (73.7K tons)
- Germany (33.3K tons)
- United Kingdom (25.6K tons)
- Italy (24.4K tons)
- Ireland (12.3K tons)
- Greece (10.7K tons)
- Spain (7.4K tons)
- Belgium (6.9K tons)
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