Pakistan - Cheese and Curd - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCheese and Curd Price in Pakistan - 2023
Contents:
- Cheese and Curd Price in Pakistan (CIF) - 2023
- Cheese and Curd Price in Pakistan (FOB) - 2022
- Cheese and Curd Imports in Pakistan
- Cheese and Curd Exports in Pakistan
Cheese and Curd Price in Pakistan (CIF) - 2023
The average cheese and curd import price stood at $2,771 per ton in February 2023, remaining stable against the previous month. 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 November 2022 an increase of 39% month-to-month. Over the period under review, average import prices attained the peak figure at $3,493 per ton in December 2022; however, from January 2023 to February 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In February 2023, the highest price was recorded for prices from Austria ($2,996 per ton) and Hungary ($2,711 per ton), while the price for Denmark ($2,609 per ton) and Italy ($2,648 per ton) were amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Austria (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Cheese and Curd Price in Pakistan (FOB) - 2022
The average cheese and curd export price stood at $3,464 per ton in 2022, falling by -37% against the previous year. In general, the export price recorded a slight reduction. The growth pace was the most rapid in 2018 an increase of 68% against the previous year. Over the period under review, the average export prices reached the maximum at $5,495 per ton in 2021, and then declined significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($13,456 per ton), while the average price for exports to Tanzania ($256 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Cheese and Curd Imports in Pakistan
For the third consecutive year, Pakistan recorded decline in overseas purchases of cheese and curd, which decreased by -27.1% to 1.1K tons in 2022. In general, imports showed a significant decrease.
In value terms, cheese and curd imports fell notably to $3M in 2022. Overall, imports recorded a sharp descent. The smallest decline of -24% was in 2021.
| Import of Cheese and Curd in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 1,368 | 1,774 | 1,177 | 671 | -21.1% |
| Denmark | 424 | 701 | 927 | 589 | 11.6% |
| Iran | 559 | 387 | 595 | 460 | -6.3% |
| Saudi Arabia | 930 | 682 | 762 | 361 | -27.1% |
| United Kingdom | 850 | 184 | 116 | 187 | -39.6% |
| United Arab Emirates | 1,256 | 627 | 135 | 139 | -52.0% |
| Turkey | 1,003 | 881 | 185 | 110 | -52.1% |
| Hungary | 4.1 | 8.7 | 95.8 | 84.2 | 173.8% |
| New Zealand | 1,760 | 385 | 157 | 74.1 | -65.2% |
| France | 446 | 225 | 111 | 59.9 | -48.8% |
| Italy | 26.8 | 7.3 | 25.4 | 53.3 | 25.8% |
| United States | 93.8 | 99.4 | 53.3 | 42.1 | -23.4% |
| Belgium | 95.3 | 84.8 | 90.2 | 36.5 | -27.4% |
| Others | 357 | 205 | 321 | 139 | -27.0% |
| Total | 9,173 | 6,249 | 4,752 | 3,006 | -31.1% |
Top Suppliers of Cheese and Curd to Pakistan in 2022:
- Denmark (204.1 tons)
- Austria (197.5 tons)
- Iran (184.9 tons)
- Saudi Arabia (124.4 tons)
- United Kingdom (87.6 tons)
- United Arab Emirates (47.1 tons)
- Turkey (44.7 tons)
- Hungary (41.9 tons)
- New Zealand (31.0 tons)
- France (24.1 tons)
- Italy (20.4 tons)
- Belgium (19.8 tons)
- United States (19.2 tons)
Cheese and Curd Exports in Pakistan
Cheese and curd exports from Pakistan surged to 23 tons in 2022, jumping by 54% compared with the previous year's figure. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 337%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, cheese and curd exports declined modestly to $79K in 2022. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 409%.
| Export of Cheese and Curd in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.6 | 0.5 | 9.6 | 35.4 | 289.3% |
| Afghanistan | 3.0 | 14.4 | 1.7 | 23.3 | 98.0% |
| United States | 11.0 | 58.7 | 67.5 | 16.9 | 15.4% |
| Mozambique | N/A | N/A | N/A | 0.8 | 0% |
| Tanzania | N/A | N/A | 0.2 | 0.3 | 50.0% |
| Nigeria | N/A | N/A | 1.4 | N/A | 0% |
| Others | 0.2 | 2.2 | 1.1 | 2.8 | 141.0% |
| Total | 14.9 | 75.8 | 81.6 | 79.5 | 74.7% |
Top Export Markets for Cheese and Curd from Pakistan in 2022:
- United Arab Emirates (11.5 tons)
- Afghanistan (8.5 tons)
- United States (1.3 tons)
- Tanzania (1.0 tons)
- Mozambique (0.4 tons)
This report provides an in-depth analysis of the cheese and curd market in Pakistan. 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:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- 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
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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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