Saudi Arabia - Cheese and Curd - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCheese and Curd Price in Saudi Arabia - 2021
Contents:
- Cheese and Curd Price in Saudi Arabia (CIF) - 2022
- Cheese and Curd Price in Saudi Arabia (FOB) - 2022
- Cheese and Curd Imports in Saudi Arabia
- Cheese and Curd Exports in Saudi Arabia
Cheese and Curd Price in Saudi Arabia (CIF) - 2022
The average cheese and curd import price stood at $3,783 per ton in 2022, approximately reflecting the previous year. Over the period under review, the import price showed a mild downturn. The pace of growth was the most pronounced in 2020 when the average import price increased by 5.1% against the previous year. Over the period under review, average import prices hit record highs at $4,721 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Jordan ($5,086 per ton), while the price for Egypt ($2,224 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Cheese and Curd Price in Saudi Arabia (FOB) - 2022
In 2022, the average cheese and curd export price amounted to $4,428 per ton, remaining constant against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cheese and curd export price decreased by -0.5% against 2020 indices. The pace of growth was the most pronounced in 2015 an increase of 35% against the previous year. The export price peaked at $4,567 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($5,686 per ton), while the average price for exports to Yemen ($2,950 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 Kuwait (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.
Cheese and Curd Imports in Saudi Arabia
Cheese and curd imports into Saudi Arabia dropped to 188K tons in 2022, declining by -2.1% compared with the previous year's figure. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 4.4%. As a result, imports reached the peak of 192K tons, and then dropped modestly in the following year.
In value terms, cheese and curd imports dropped modestly to $710M in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 5.4% against the previous year. As a result, imports attained the peak of $729M, and then contracted modestly in the following year.
| Import of Cheese and Curd in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 165 | 164 | 117 | 136 | -6.2% |
| Bahrain | 58.9 | 56.4 | 135 | 118 | 26.1% |
| Poland | 76.0 | 83.4 | 90.2 | 84.5 | 3.6% |
| United States | 63.9 | 43.6 | 48.8 | 57.3 | -3.6% |
| Egypt | 55.6 | 56.9 | 58.5 | 52.8 | -1.7% |
| New Zealand | 54.1 | 53.6 | 48.7 | 46.9 | -4.6% |
| France | 34.0 | 28.7 | 25.2 | 31.7 | -2.3% |
| Ireland | 18.8 | 30.9 | 29.3 | 25.9 | 11.3% |
| Germany | 18.8 | 21.4 | 22.4 | 20.1 | 2.3% |
| Turkey | 10.7 | 15.8 | N/A | 15.2 | 12.4% |
| Jordan | 15.3 | 13.5 | 16.2 | 14.6 | -1.5% |
| Hungary | 13.3 | 12.6 | 16.4 | 13.0 | -0.8% |
| Others | 101 | 111 | 122 | 95.1 | -2.0% |
| Total | 685 | 692 | 729 | 710 | 1.2% |
Top Suppliers of Cheese and Curd to Saudi Arabia in 2022:
- Denmark (47.3K tons)
- Bahrain (23.8K tons)
- Egypt (23.7K tons)
- Poland (18.3K tons)
- United States (13.6K tons)
- New Zealand (11.4K tons)
- France (6.7K tons)
- Ireland (6.3K tons)
- Germany (4.4K tons)
- Turkey (4.0K tons)
- Hungary (3.9K tons)
- Jordan (2.9K tons)
Cheese and Curd Exports in Saudi Arabia
In 2022, shipments abroad of cheese and curd was finally on the rise to reach 55K tons after two years of decline. Over the period under review, exports, however, saw a perceptible decline.
In value terms, cheese and curd exports expanded to $246M in 2022. Overall, exports, however, saw a mild shrinkage.
| Export of Cheese and Curd in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 68.6 | 61.7 | 58.5 | 59.2 | -4.8% |
| Kuwait | 43.6 | 51.8 | 41.7 | 43.8 | 0.2% |
| Iraq | 32.4 | 32.4 | 26.5 | 33.4 | 1.0% |
| Yemen | 27.6 | 30.2 | 26.7 | 29.5 | 2.2% |
| Oman | 31.0 | 30.2 | 25.7 | 26.3 | -5.3% |
| Jordan | 15.1 | 19.1 | 24.9 | 22.3 | 13.9% |
| Bahrain | 15.8 | 15.8 | 14.7 | 15.2 | -1.3% |
| Others | 22.3 | 14.9 | 16.9 | 16.1 | -10.3% |
| Total | 256 | 256 | 235 | 246 | -1.3% |
Top Export Markets for Cheese and Curd from Saudi Arabia in 2022:
- United Arab Emirates (11.0K tons)
- Yemen (10.0K tons)
- Iraq (10.0K tons)
- Kuwait (8.3K tons)
- Oman (4.6K tons)
- Jordan (4.5K tons)
- Bahrain (3.2K tons)
This report provides an in-depth analysis of the cheese and curd market in Saudi Arabia. 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:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- 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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