Germany Maintained Strong Positions in the Global Cheese Exports in 2014
Dairy Products October 18, 2015
Germany continued its dominance in the global cheese trade. In 2014, Germany exported 1,161 thousand tonnes of cheese totaling 5,122 million USD, 1% under the previous year. Its primary trading partner was Italy, where it supplied 23% of its total cheese exports in value terms, accounting for 49% of Italy's total imports.
Overall, the global cheese trade reached 33,224 million USD, with a CAGR of 6% from 2007 to 2014. In physical terms, it showed steady growth, rising from 4,875 thousand tonnes in 2007 to 6,253 thousand tonnes in 2014.
In 2014, Germany (14%), Italy (8%), the United Kingdom (8%), France (6%) and the Russian Federation (5%) were the leading destinations of cheese imports, together making up 40% of global imports. The shares of importing countries remained stable or showed a slight decrease throughout the analyzed period.
The Netherlands and France were among the other main global suppliers of cheese in 2014 with a combined share of 26% of global exports. However, the fastest growing exporters from 2007 to 2014 were the U.S. (+23% per year) and Poland (+8% per year). The U.S. strengthened its position in the global export structure, from 2% in 2007 to 5% in 2014.
Source: World: Cheese - Market Report. Analysis And Forecast To 2020
