Belgium - Cheese and Curd - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCheese and Curd Price in Belgium - 2023
Contents:
- Cheese and Curd Price in Belgium (CIF) - 2023
- Cheese and Curd Price in Belgium (FOB) - 2023
- Cheese and Curd Imports in Belgium
- Cheese and Curd Exports in Belgium
Cheese and Curd Price in Belgium (CIF) - 2023
The average cheese and curd import price stood at $5,128 per ton in July 2023, shrinking by -2.7% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in April 2023 an increase of 8.8% month-to-month. Over the period under review, average import prices reached the maximum at $5,648 per ton in February 2023; however, from March 2023 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($8,242 per ton), while the price for France ($4,280 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Cheese and Curd Price in Belgium (FOB) - 2023
The average cheese and curd export price stood at $5,080 per ton in July 2023, standing approximately at the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 58% m-o-m. Over the period under review, the average export prices hit record highs at $5,434 per ton in January 2023; however, from February 2023 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Luxembourg ($7,344 per ton), while the average price for exports to Romania ($3,620 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.
Cheese and Curd Imports in Belgium
In 2022, supplies from abroad of cheese and curd decreased by -21.4% to 322K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. As a result, imports reached the peak of 410K tons, and then reduced dramatically in the following year.
In value terms, cheese and curd imports reduced to $1.7B in 2022. The total import value increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 18%. As a result, imports reached the peak of $1.9B, and then dropped in the following year.
| Import of Cheese and Curd in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 538 | 558 | 608 | 522 | -1.0% |
| France | 456 | 504 | 586 | 478 | 1.6% |
| Germany | 218 | 271 | 316 | 335 | 15.4% |
| Italy | 137 | 170 | 210 | 184 | 10.3% |
| Ireland | 23.5 | 32.9 | 65.0 | 32.5 | 11.4% |
| Denmark | 34.8 | 29.0 | 41.1 | 26.8 | -8.3% |
| Others | 62.6 | 69.9 | 99.2 | 89.5 | 12.7% |
| Total | 1,469 | 1,635 | 1,924 | 1,668 | 4.3% |
Top Suppliers of Cheese and Curd to Belgium in 2022:
- Netherlands (91.7K tons)
- France (85.9K tons)
- Germany (84.9K tons)
- Italy (31.2K tons)
- Ireland (6.6K tons)
- Denmark (5.4K tons)
Cheese and Curd Exports in Belgium
After three years of growth, overseas shipments of cheese and curd decreased by -25% to 224K tons in 2022. Over the period under review, exports recorded a slight curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 15% against the previous year. As a result, the exports attained the peak of 298K tons, and then reduced markedly in the following year.
In value terms, cheese and curd exports declined to $1.1B in 2022. The total export value increased at an average annual rate of +4.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, the exports attained the peak of $1.3B, and then dropped in the following year.
| Export of Cheese and Curd in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 265 | 303 | 317 | 271 | 0.7% |
| France | 156 | 167 | 181 | 155 | -0.2% |
| Italy | 116 | 130 | 148 | 141 | 6.7% |
| United Kingdom | 108 | 106 | 195 | 112 | 1.2% |
| Germany | 77.9 | 89.4 | 98.5 | 93.2 | 6.2% |
| Spain | 56.2 | 62.1 | 84.8 | 82.9 | 13.8% |
| Luxembourg | 48.6 | 59.6 | 63.5 | 50.8 | 1.5% |
| Japan | 4.3 | 13.7 | 20.2 | 17.7 | 60.3% |
| South Korea | 12.6 | 11.2 | 5.9 | 17.7 | 12.0% |
| Others | 125 | 143 | 187 | 169 | 10.6% |
| Total | 968 | 1,085 | 1,300 | 1,110 | 4.7% |
Top Export Markets for Cheese and Curd from Belgium in 2022:
- Netherlands (52.4K tons)
- Italy (36.3K tons)
- France (27.4K tons)
- United Kingdom (22.3K tons)
- Spain (17.1K tons)
- Germany (15.4K tons)
- Luxembourg (9.0K tons)
- Japan (3.9K tons)
- South Korea (3.4K tons)
This report provides an in-depth analysis of the cheese and curd market in Belgium. 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:
- FCL 901 - Cheese from Whole Cow Milk
- FCL 904 - Cheese from Skimmed Cow Milk
- FCL 905 - Whey Cheese
- FCL 907 - Processed Cheese
- FCL 955 - Cheese of Buffalo Milk
- FCL 984 - Cheese of Sheep Milk
- FCL 1021 - Cheese of Goat Milk
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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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This report provides an in-depth analysis of the cheese and curd market in Belgium.
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