China - Cheese and Curd - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCheese and Curd Price in China - 2023
Contents:
- Cheese and Curd Price in China (CIF) - 2023
- Cheese and Curd Price in China (FOB) - 2023
- Cheese and Curd Imports in China
- Cheese and Curd Exports in China
Cheese and Curd Price in China (CIF) - 2023
The average cheese and curd import price stood at $5,358 per ton in September 2023, therefore, remained relatively stable against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 3.6% month-to-month. Over the period under review, average import prices attained the peak figure at $5,704 per ton in March 2023; however, from April 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Italy ($7,468 per ton), while the price for Australia ($4,709 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+0.8%), while the prices for the other major suppliers experienced a decline.
Cheese and Curd Price in China (FOB) - 2023
The average cheese and curd export price stood at $6,633 per ton in August 2023, which is down by -2.8% against the previous month. Overall, the export price showed a abrupt decline. The most prominent rate of growth was recorded in June 2023 an increase of 52% month-to-month. Over the period under review, the average export prices attained the peak figure at $15,069 per ton in September 2022; however, from October 2022 to August 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In August 2023, the country with the highest price was Thailand ($12,450 per ton), while the average price for exports to Canada stood at $11,693 per ton.
From September 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Cheese and Curd Imports in China
After three years of growth, purchases abroad of cheese and curd decreased by -17.4% to 145K tons in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +8.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.7% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 36% against the previous year. As a result, imports attained the peak of 176K tons, and then fell sharply in the following year.
In value terms, cheese and curd imports dropped to $769M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 38% against the previous year. As a result, imports reached the peak of $813M, and then contracted in the following year.
| Import of Cheese and Curd in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 284 | 313 | 409 | 427 | 14.6% |
| Australia | 71.8 | 71.9 | 108 | 95.6 | 10.0% |
| Italy | 23.4 | 25.5 | 41.3 | 49.0 | 27.9% |
| Denmark | 24.8 | 35.7 | 64.2 | 43.1 | 20.2% |
| France | 24.1 | 30.4 | 45.2 | 33.9 | 12.0% |
| United States | 36.7 | 37.2 | 45.1 | 30.9 | -5.6% |
| Ireland | 10.3 | 12.5 | 12.4 | 9.8 | -1.6% |
| Others | 46.6 | 63.6 | 88.1 | 80.1 | 19.8% |
| Total | 522 | 590 | 813 | 769 | 13.8% |
Top Suppliers of Cheese and Curd to China in 2022:
- New Zealand (84.2K tons)
- Australia (21.2K tons)
- Italy (8.0K tons)
- Denmark (7.4K tons)
- France (5.1K tons)
- United States (5.1K tons)
- Ireland (2.1K tons)
Cheese and Curd Exports in China
In 2022, exports of cheese and curd from China surged to 347 tons, with an increase of 16% against 2021 figures. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +8.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -24.3% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 68%. As a result, the exports attained the peak of 458 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, cheese and curd exports rose slightly to $2.2M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -12.6% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 62%. As a result, the exports reached the peak of $2.5M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Cheese and Curd in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 21.7 | 156 | 407 | 376 | 158.8% |
| Poland | N/A | N/A | 7.0 | 351 | 4914.3% |
| Thailand | 70.9 | 196 | 280 | 219 | 45.6% |
| Hong Kong SAR | 646 | 831 | 163 | 166 | -36.4% |
| Pakistan | N/A | N/A | 12.1 | 75.5 | 524.0% |
| Guatemala | N/A | N/A | N/A | 71.5 | 0% |
| Bahrain | 0.7 | 0.5 | 0.1 | 44.4 | 298.8% |
| Philippines | 486 | 557 | 187 | 18.8 | -66.2% |
| Senegal | 20.5 | 9.9 | 2.9 | N/A | -62.4% |
| Mali | 29.1 | N/A | N/A | N/A | 0% |
| Oman | 138 | 1.6 | N/A | N/A | -98.8% |
| Others | 137 | 760 | 1,068 | 875 | 85.5% |
| Total | 1,550 | 2,511 | 2,126 | 2,196 | 12.3% |
Top Export Markets for Cheese and Curd from China in 2022:
- Poland (73.4 tons)
- Hong Kong SAR (38.4 tons)
- Bangladesh (32.5 tons)
- Bahrain (22.9 tons)
- Thailand (22.8 tons)
- Pakistan (20.3 tons)
- Guatemala (12.9 tons)
- Philippines (2.9 tons)
This report provides an in-depth analysis of the cheese and curd market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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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This report provides an in-depth analysis of the cheese and curd market in China.
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In February 2023, the cheese and curd price stayed the same at $5,647 per ton, CIF for China.
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In 2020, the amount of cheese imported into China was estimated at 129K tons, picking up by 13% on 2019. In value terms, supplies rose notably from $522M to $590M. Over the past decade, the volume of cheese imported to China soared by 40%.
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The global cheese market is forecast to reach a value of $123.2 billion by 2030, growing at a CAGR of around 4.2% during 2022-2030.
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