Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Iraq - 2022

Contents:

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

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

The average import price for cheese, other than blue-veined, grated, powdered or processed stood at $3,600 per ton in 2022, surging by 123% against the previous year. Over the period under review, the import price, however, showed a slight decline. The import price peaked at $4,325 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Bahrain ($14,203 per ton), while the price for Iran ($2,407 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+16.5%), 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 Iraq (FOB) - 2022

In 2022, the average export price for cheese, other than blue-veined, grated, powdered or processed amounted to $4,780 per ton, with a decrease of -32.2% against the previous year. In general, the export price recorded a pronounced decline. The most prominent rate of growth was recorded in 2019 when the average export price increased by 84%. The export price peaked at $7,832 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($4,812 per ton), while the average price for exports to the United Arab Emirates amounted to $4,234 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-4.8%).

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

In 2022, imports of cheese, other than blue-veined, grated, powdered or processed into Iraq dropped significantly to 14K tons, with a decrease of -81.7% on the previous year. In general, imports faced a sharp slump. The most prominent rate of growth was recorded in 2021 when imports increased by 4.7% against the previous year. As a result, imports reached the peak of 77K tons, and then reduced notably in the following year.

In value terms, imports of cheese, other than blue-veined, grated, powdered or processed reduced dramatically to $50M in 2022. Overall, imports showed a dramatic decrease. The smallest decline of -4.4% was in 2021.

Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Iraq (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran96.472.872.828.0-33.8%
Turkey17.617.721.78.1-22.8%
Saudi Arabia26.013.22.24.8-43.1%
Jordan12.512.915.84.3-29.9%
Others12.313.011.35.2-24.9%
Total16513012450.4-32.7%

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

  1. Iran (11.6K tons)
  2. Turkey (0.8K tons)
  3. Saudi Arabia (0.8K tons)
  4. Jordan (0.3K tons)

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

In 2022, shipments abroad of cheese, other than blue-veined, grated, powdered or processed decreased by -83.9% to 2.3 tons, falling for the second consecutive year after two years of growth. In general, exports, however, recorded prominent growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,204% against the previous year. As a result, the exports attained the peak of 26 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of cheese, other than blue-veined, grated, powdered or processed declined notably to $11K in 2022. Over the period under review, exports, however, continue to indicate a slight increase. The pace of growth appeared the most rapid in 2020 with an increase of 938% against the previous year. As a result, the exports reached the peak of $110K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey10.611093.010.5-0.3%
United Arab EmiratesN/AN/A8.20.5-93.9%
OthersN/AN/AN/AN/A0%
Total10.611010111.11.5%

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

  1. Turkey (2.2 tons)
  2. United Arab Emirates (0.1 tons)

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 - Iraq