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

Contents:

1. Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in the Netherlands (FOB) - 2023
2. Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in the Netherlands (CIF) - 2023
3. Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in the Netherlands
4. Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in the Netherlands

Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in the Netherlands (FOB) - 2023

In October 2023, the average export price for cheese, other than blue-veined, grated, powdered or processed amounted to $6,058 per ton, growing by 8.9% against the previous month. In general, the export price saw a relatively flat trend pattern. The export price peaked at $6,111 per ton in December 2022; afterwards, it flattened through to October 2023.

There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Switzerland ($12,863 per ton), while the average price for exports to Chile ($4,164 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 Switzerland (+6.3%), 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 the Netherlands (CIF) - 2023

In October 2023, the average import price for cheese, other than blue-veined, grated, powdered or processed amounted to $4,842 per ton, falling by -10.5% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 8.5% m-o-m. The import price peaked at $6,021 per ton in December 2022; however, from January 2023 to October 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Switzerland ($13,144 per ton), while the price for the UK stood at $4,493 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by France (+4.4%), 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 the Netherlands

In 2022, shipments abroad of cheese, other than blue-veined, grated, powdered or processed decreased by -1% to 674K tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a mild setback. The most prominent rate of growth was recorded in 2020 when exports increased by 0.3%. As a result, the exports reached the peak of 701K 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 expanded rapidly to $3.7B in 2022. The total export value increased at an average annual rate of +6.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Germany (203.8K tons)
2. Belgium (72.0K tons)
3. France (71.2K tons)
4. Spain (41.8K tons)
5. Japan (31.6K tons)
6. Greece (29.8K tons)
7. Italy (27.4K tons)
8. United Kingdom (21.3K tons)
9. United States (14.8K tons)
10. Sweden (14.3K tons)
11. Morocco (11.4K tons)

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

In 2022, the amount of cheese, other than blue-veined, grated, powdered or processed imported into the Netherlands contracted to 178K tons, waning by -5.2% on 2021. In general, imports showed a deep slump.

In value terms, imports of cheese, other than blue-veined, grated, powdered or processed amounted to $940M in 2022. Overall, imports, however, recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Germany (74.1K tons)
2. Ireland (30.6K tons)
3. Belgium (25.8K tons)
4. France (10.2K tons)
5. Denmark (9.4K tons)
6. Italy (8.2K tons)
7. Latvia (3.0K tons)
8. United Kingdom (2.2K tons)

Source: IndexBox Market Intelligence Platform