Indonesia - Cheese and Curd - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCheese and Curd Price in Indonesia - 2022
Contents:
- Cheese and Curd Price in Indonesia (CIF) - 2022
- Cheese and Curd Price in Indonesia (FOB) - 2022
- Cheese and Curd Imports in Indonesia
- Cheese and Curd Exports in Indonesia
Cheese and Curd Price in Indonesia (CIF) - 2022
The average cheese and curd import price stood at $4,853 per ton in March 2022, approximately reflecting the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in February 2022 when the average import price increased by 8.2% month-to-month. Over the period under review, average import prices reached the peak figure in March 2022.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($8,178 per ton), while the price for the United States ($4,386 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by France (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Cheese and Curd Price in Indonesia (FOB) - 2022
In March 2022, the average cheese and curd export price amounted to $3,844 per ton, surging by 1.8% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2022 an increase of 15% against the previous month. As a result, the export price reached the peak level of $4,086 per ton. From February 2022 to March 2022, the the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In March 2022, the highest price was recorded for prices to Brunei Darussalam ($4,744 per ton) and Singapore ($4,697 per ton), while the average price for exports to Timor-Leste ($3,454 per ton) and the Philippines ($3,788 per ton) were amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Cheese and Curd Imports in Indonesia
Cheese and curd imports into Indonesia soared to 47K tons in 2022, increasing by 53% against the previous year. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.6% 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 +70.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cheese and curd imports surged to $240M in 2022. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cheese and Curd in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 53.0 | 49.8 | 55.2 | 95.4 | 21.6% |
| United States | 27.7 | 34.2 | 27.9 | 49.9 | 21.7% |
| Australia | 22.1 | 11.8 | 17.7 | 31.5 | 12.5% |
| France | 6.1 | 4.0 | 7.2 | 14.5 | 33.5% |
| Argentina | 3.5 | 5.0 | 7.9 | 13.0 | 54.9% |
| Denmark | 3.8 | 3.6 | 5.6 | 7.2 | 23.7% |
| Netherlands | 3.9 | 2.3 | 4.3 | 4.9 | 7.9% |
| Others | 13.4 | 7.6 | 13.7 | 23.5 | 20.6% |
| Total | 133 | 118 | 139 | 240 | 21.7% |
Top Suppliers of Cheese and Curd to Indonesia in 2022:
- New Zealand (20.2K tons)
- United States (11.4K tons)
- Australia (5.2K tons)
- Argentina (2.6K tons)
- France (2.0K tons)
- Denmark (1.2K tons)
- Netherlands (0.9K tons)
Cheese and Curd Exports in Indonesia
Cheese and curd exports from Indonesia soared to 3.6K tons in 2022, picking up by 60% on 2021. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 71%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, cheese and curd exports surged to $14M in 2022. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cheese and Curd in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 1.9 | 3.7 | 3.7 | 8.8 | 66.7% |
| Malaysia | 1.3 | 2.1 | 2.8 | 3.4 | 37.8% |
| Thailand | 0.2 | 0.6 | 0.4 | 0.5 | 35.7% |
| Vietnam | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
| Singapore | 0.2 | 0.3 | 0.2 | 0.3 | 14.5% |
| Myanmar | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.3 | 0.3 | 0.4 | 0.6 | 26.0% |
| Total | 4.1 | 7.2 | 7.8 | 14.2 | 51.3% |
Top Export Markets for Cheese and Curd from Indonesia in 2022:
- Philippines (2075.2 tons)
- Malaysia (1065.9 tons)
- Thailand (170.2 tons)
- Vietnam (89.8 tons)
- Singapore (65.8 tons)
- Myanmar (60.8 tons)
This report provides an in-depth analysis of the cheese and curd market in Indonesia. 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:
- Indonesia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Indonesia
- 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
-
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 Indonesia.
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