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U.S. - Processed Cheese (Excluding Grated or Powdered) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingU.S.: Market for Processed Cheese (excluding Grated or Powdered) 2024
Market Size for Processed Cheese (excluding Grated or Powdered) in the U.S.
The U.S. market for processed cheese (excluding grated or powdered) skyrocketed to $X in 2023, increasing by X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. Consumption of peaked at $X in 2015; however, from 2016 to 2023, consumption remained at a lower figure.
Production of Processed Cheese (excluding Grated or Powdered) in the U.S.
In value terms, production of processed cheese (excluding grated or powdered) expanded remarkably to $X in 2023. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2022 when the production volume increased by X%. Over the period under review, production of reached the maximum level in 2023 and is likely to see gradual growth in years to come.
Exports of Processed Cheese (excluding Grated or Powdered)
Exports from the U.S.
In 2023, the amount of processed cheese (excluding grated or powdered) exported from the United States fell remarkably to X tons, which is down by X% against 2022. Over the period under review, total exports indicated a measured expansion from 2012 to 2023: its volume 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, exports decreased by X% against 2021 indices. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.
In value terms, exports of processed cheese (excluding grated or powdered) declined remarkably to $X in 2023. In general, total exports indicated a tangible expansion from 2012 to 2023: its value 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. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2022, and then dropped notably in the following year.
Exports by Country
South Korea (X tons), Saudi Arabia (X tons) and Guatemala (X tons) were the main destinations of exports of processed cheese (excluding grated or powdered) from the United States, with a combined X% share of total exports. Panama, Australia, Taiwan (Chinese), Chile, Colombia, the Dominican Republic, Mexico, Costa Rica, Honduras and Bahamas lagged somewhat behind, together accounting for a further X%.
From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Colombia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.
In value terms, South Korea ($X) remains the key foreign market for processed cheese (excluding grated or powdered) exports from the United States, comprising X% of total exports. The second position in the ranking was held by Guatemala ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.
From 2012 to 2023, the average annual growth rate of value to South Korea totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (X% per year) and Saudi Arabia (X% per year).
Export Prices by Country
The average export price for processed cheese (excluding grated or powdered) stood at $X per ton in 2023, picking up by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The growth pace was the most rapid in 2022 when the average export price increased by X%. The export price peaked in 2023 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Bahamas ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Processed Cheese (excluding Grated or Powdered)
Imports into the U.S.
In 2023, purchases abroad of processed cheese (excluding grated or powdered) decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, imports, however, recorded a measured expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports of reached the peak figure at X tons in 2022, and then fell dramatically in the following year.
In value terms, imports of processed cheese (excluding grated or powdered) fell markedly to $X in 2023. Over the period under review, total imports indicated resilient growth 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 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at $X in 2022, and then dropped dramatically in the following year.
Imports by Country
The Netherlands (X tons), France (X tons) and Jamaica (X tons) were the main suppliers of imports of processed cheese (excluding grated or powdered) to the United States, together accounting for X% of total imports. Nicaragua, Morocco, Bahrain, India, Switzerland, Germany, Poland, Mexico, Denmark and Egypt lagged somewhat behind, together comprising a further X%.
From 2012 to 2023, the biggest increases were recorded for Morocco (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest processed cheese (excluding grated or powdered) suppliers to the United States were France ($X), the Netherlands ($X) and Jamaica ($X), together accounting for X% of total imports. Nicaragua, Morocco, Switzerland, India, Bahrain, Germany, Poland, Egypt, Denmark and Mexico lagged somewhat behind, together accounting for a further X%.
Among the main suppliers, Morocco, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average import price for processed cheese (excluding grated or powdered) stood at $X per ton in 2023, increasing by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2016 to 2023, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Nicaragua (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for processed cheese (excluding grated or powdered) in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10514070 - Processed cheese (excluding grated or powdered)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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