Asia-Pacific: Market for Grated, Powdered and Blue-Veined Cheese 2024

Market Size for Grated, Powdered and Blue-Veined Cheese in Asia-Pacific

The Asia-Pacific grated and blue cheese market totaled $X in 2023, with an increase of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.

Production of Grated, Powdered and Blue-Veined Cheese in Asia-Pacific

In value terms, grated and blue cheese production expanded sharply to $X in 2023 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.

Exports of Grated, Powdered and Blue-Veined Cheese

Exports in Asia-Pacific

Grated and blue cheese exports amounted to X tons in 2023, with an increase of X% against 2022 figures. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2023, the exports failed to regain momentum.

In value terms, grated and blue cheese exports expanded modestly to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked in 2023 and is expected to retain growth in years to come.

Exports by Country

In 2023, New Zealand (X tons) represented the key exporter of grated, powdered and blue-veined cheese, making up X% of total exports. It was distantly followed by Australia (X tons), comprising a X% share of total exports. India (X tons) took a minor share of total exports.

New Zealand experienced a relatively flat trend pattern with regard to volume of exports of grated, powdered and blue-veined cheese. At the same time, India (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2023. By contrast, Australia (X%) illustrated a downward trend over the same period. New Zealand (X p.p.) and India (X p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, New Zealand ($X) remains the largest grated and blue cheese supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Australia ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in New Zealand stood at X%. In the other countries, the average annual rates were as follows: Australia (X% per year) and India (X% per year).

Export Prices by Country

In 2023, the export price in Asia-Pacific amounted to $X per ton, declining by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2022, and then dropped modestly in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced more modest paces of growth.

Imports of Grated, Powdered and Blue-Veined Cheese

Imports in Asia-Pacific

In 2023, the amount of grated, powdered and blue-veined cheese imported in Asia-Pacific was estimated at X tons, increasing by X% against the previous year. Total imports indicated a pronounced expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, grated and blue cheese imports expanded significantly to $X in 2023. Total imports indicated a buoyant increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports attained the peak figure in 2023 and are likely to see gradual growth in the near future.

Imports by Country

Japan was the key importer of grated, powdered and blue-veined cheese in Asia-Pacific, with the volume of imports reaching X tons, which was approx. X% of total imports in 2023. China (X tons) ranks second in terms of the total imports with a X% share, followed by Australia (X%) and South Korea (X%). Indonesia (X tons), Malaysia (X tons), Thailand (X tons), the Philippines (X tons), Taiwan (Chinese) (X tons), New Zealand (X tons), Hong Kong SAR (X tons) and Vietnam (X tons) followed a long way behind the leaders.

Imports into Japan increased at an average annual rate of X% from 2012 to 2023. At the same time, Vietnam (X%), China (X%), New Zealand (X%), Thailand (X%), Malaysia (X%), Indonesia (X%), South Korea (X%), Hong Kong SAR (X%), Taiwan (Chinese) (X%) and Australia (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2023. The Philippines experienced a relatively flat trend pattern. China (X p.p.) significantly strengthened its position in terms of the total imports, while Australia and Japan saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported grated, powdered and blue-veined cheese in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Australia, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Japan amounted to X%. In the other countries, the average annual rates were as follows: China (X% per year) and Australia (X% per year).

Import Prices by Country

In 2023, the import price in Asia-Pacific amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2022 when the import price increased by X%. The level of import peaked in 2023 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in the Philippines ($X per ton) and Australia ($X per ton), while Indonesia ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform