Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ghana - 2023

Contents:

  1. Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ghana (CIF) - 2022
  2. Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ghana (FOB) - 2022
  3. Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ghana
  4. Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ghana

Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ghana (CIF) - 2022

In 2022, the average import price for cheese, other than blue-veined, grated, powdered or processed amounted to $6,052 per ton, declining by -4.2% against the previous year. Over the period under review, the import price, however, recorded a perceptible increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 116% against the previous year. Over the period under review, average import prices attained the maximum at $6,318 per ton in 2021, and then shrank slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Cote d'Ivoire ($26,058 per ton), while the price for Belgium ($2,307 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+35.5%), 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 Ghana (FOB) - 2022

In 2022, the average export price for cheese, other than blue-veined, grated, powdered or processed amounted to $9,037 per ton, reducing by -6.1% against the previous year. Overall, the export price, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 157%. The export price peaked at $9,620 per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Togo ($18,776 per ton), while the average price for exports to Cote d'Ivoire ($878 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Togo (+22.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ghana

In 2022, imports of cheese, other than blue-veined, grated, powdered or processed into Ghana fell slightly to 186 tons, waning by -3.5% on the previous year's figure. Over the period under review, imports saw a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 7.6%.

In value terms, imports of cheese, other than blue-veined, grated, powdered or processed declined to $1.1M in 2022. In general, imports showed a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 18%.

Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1432851361593.6%
Poland79.411474.275.8-1.5%
Cote d'Ivoire33.472.011.336.93.4%
South Africa50.76.39.633.1-13.2%
Denmark27.316630.430.03.2%
Morocco85.912380.729.2-30.2%
Netherlands15.019.115.528.023.1%
United Kingdom44.22.550.527.5-14.6%
Germany99.327.381.727.5-34.8%
Spain4.034.18.121.274.4%
Turkey8.347.428.317.829.0%
Belgium43.35.329.210.9-36.9%
Ukraine9.914.611.86.9-11.3%
Others825118652622-9.0%
Total1,4681,0341,2191,127-8.4%

Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to Ghana in 2022:

  1. Poland (24.3 tons)
  2. France (13.2 tons)
  3. Netherlands (8.0 tons)
  4. Denmark (7.6 tons)
  5. Turkey (6.7 tons)
  6. Belgium (4.7 tons)
  7. Spain (3.1 tons)
  8. United Kingdom (2.9 tons)
  9. Ukraine (2.5 tons)
  10. Germany (2.2 tons)
  11. Morocco (2.1 tons)
  12. South Africa (2.0 tons)
  13. Cote d'Ivoire (1.4 tons)

Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ghana

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 -12% to 81 kg. Overall, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.0% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 56%.

In value terms, exports of cheese, other than blue-veined, grated, powdered or processed reduced rapidly to $732 in 2022. Over the period under review, exports, however, showed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 110% against the previous year.

Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ghana (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cabo VerdeN/AN/AN/A6000%
Sierra Leone10631260876.0-10.5%
Togo84.016215729.0-29.8%
Burkina Faso34.064.059.012.0-29.3%
Cote d'Ivoire21.042.057.05.0-38.0%
Others31.0N/A4.010.0-31.4%
Total27658088573238.4%

Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from Ghana in 2022:

  1. Cabo Verde (65.0 kg)
  2. Burkina Faso (7.0 kg)
  3. Cote d'Ivoire (6.0 kg)
  4. Togo (2.0 kg)
  5. Sierra Leone (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Dairy produce; cheese (not grated, powdered or processed), n.e.s. in heading no. 0406 - Ghana