MERCOSUR: Cheese And Curd Market 2024

Cheese And Curd Market Size in MERCOSUR

For the fifth year in a row, the MERCOSUR cheese and curd market recorded growth in sales value, which increased by X% to $X in 2023. The market 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. Over the period under review, the market attained the maximum level in 2023 and is expected to retain growth in the immediate term.

Cheese And Curd Production in MERCOSUR

In value terms, cheese and curd production shrank modestly to $X in 2023 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2022, and then shrank modestly in the following year.

Cheese And Curd Exports

Exports in MERCOSUR

In 2023, the amount of cheese and curd exported in MERCOSUR totaled X tons, increasing by X% against 2022 figures. In general, exports, however, continue to indicate a slight shrinkage. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, cheese and curd exports reached $X in 2023. Overall, exports, however, continue to indicate a slight descent. The growth pace was the most rapid in 2017 when exports increased by X%. The level of export peaked at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

Exports by Country

Argentina represented the largest exporter of cheese and curd in MERCOSUR, with the volume of exports reaching X tons, which was approx. X% of total exports in 2023. It was distantly followed by Uruguay (X tons) and Chile (X tons), together creating a X% share of total exports. Brazil (X tons) followed a long way behind the leaders.

Exports from Argentina increased at an average annual rate of X% from 2012 to 2023. At the same time, Brazil (X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2023. Chile experienced a relatively flat trend pattern. By contrast, Uruguay (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Argentina and Brazil increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Argentina ($X) remains the largest cheese and curd supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Uruguay ($X), with a X% share of total exports. It was followed by Chile, with a X% share.

In Argentina, cheese and curd exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Uruguay (X% per year) and Chile (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2023, remaining stable against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2023, major exporting countries recorded the following prices: in Brazil ($X per ton) and Argentina ($X per ton), while Uruguay ($X per ton) and Chile ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced mixed trends in the export price figures.

Cheese And Curd Imports

Imports in MERCOSUR

In 2023, the amount of cheese and curd imported in MERCOSUR soared to X tons, picking up by X% on the previous year. Total imports indicated moderate growth 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 increased by X% against 2015 indices. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The volume of import peaked in 2023 and is expected to retain growth in the near future.

In value terms, cheese and curd imports soared to $X in 2023. Total imports indicated a temperate 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 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the peak figure in 2023 and are expected to retain growth in the near future.

Imports by Country

Chile was the key importing country with an import of around X tons, which recorded X% of total imports. Brazil (X tons) ranks second in terms of the total imports with a X% share, followed by Peru (X%), Colombia (X%) and Venezuela (X%). The following importers - Argentina (X tons) and Guyana (X tons) - each amounted to a X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Colombia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Brazil ($X) and Peru ($X) were the countries with the highest levels of imports in 2023, together accounting for X% of total imports. Colombia, Venezuela, Argentina and Guyana lagged somewhat behind, together accounting for a further X%.

Colombia, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in MERCOSUR amounted to $X per ton, dropping by X% against the previous year. Overall, the import price showed a mild descent. The growth pace was the most rapid in 2022 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Venezuela ($X per ton) and Colombia ($X per ton), while Chile ($X per ton) and Peru ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform