Brazil - Cheese - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCheese Price in Brazil - 2023
Contents:
- Cheese Price in Brazil (CIF) - 2023
- Cheese Price in Brazil (FOB) - 2023
- Cheese Imports in Brazil
- Cheese Exports in Brazil
Cheese Price in Brazil (CIF) - 2023
The average cheese import price stood at $5,491 per ton in July 2023, approximately mirroring the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 3.2% month-to-month. Over the period under review, average import prices attained the peak figure in July 2023.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was France ($10,672 per ton), while the price for Argentina ($5,128 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 France (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Cheese Price in Brazil (FOB) - 2023
In July 2023, the average cheese export price amounted to $6,207 per ton, dropping by -3% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 26% month-to-month. The export price peaked at $7,296 per ton in April 2023; however, from May 2023 to July 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was the United States ($7,652 per ton), while the average price for exports to Uruguay ($4,637 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 the United States (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.
Cheese Imports in Brazil
For the fourth consecutive year, Brazil recorded growth in overseas purchases of cheese, which increased by 3.9% to 33K tons in 2022. The total import volume increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 10%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, cheese imports soared to $166M in 2022. The total import value increased at an average annual rate of +11.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cheese in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 73.0 | 72.9 | 93.5 | 128 | 20.6% |
| Uruguay | 24.6 | 36.0 | 25.5 | 23.6 | -1.4% |
| Netherlands | 6.8 | 6.8 | 6.7 | 5.0 | -9.7% |
| France | 7.0 | 5.9 | 7.4 | 3.9 | -17.7% |
| Others | 9.0 | 6.0 | 6.0 | 5.6 | -14.6% |
| Total | 120 | 128 | 139 | 166 | 11.4% |
Top Suppliers of Cheese to Brazil in 2022:
- Argentina (26.3K tons)
- Uruguay (5.2K tons)
- Netherlands (0.6K tons)
- France (0.5K tons)
Cheese Exports in Brazil
In 2022, overseas shipments of cheese decreased by -5.9% to 4.3K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 21%.
In value terms, cheese exports rose sharply to $25M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.0% 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 increased by +48.1% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Export of Cheese in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 3.1 | 4.6 | 4.3 | 4.6 | 14.1% |
| United States | 1.8 | 2.8 | 3.3 | 4.4 | 34.7% |
| Taiwan (Chinese) | 1.6 | 1.9 | 2.3 | 3.8 | 33.4% |
| Russia | 4.9 | 4.9 | 5.5 | 3.6 | -9.8% |
| Argentina | 1.7 | 1.7 | 2.7 | 2.8 | 18.1% |
| Paraguay | 1.6 | 1.3 | 1.6 | 1.7 | 2.0% |
| Cuba | N/A | N/A | 0.5 | 1.1 | 120.0% |
| Uruguay | 0.6 | 0.3 | 0.6 | 0.8 | 10.1% |
| Others | 1.7 | 1.4 | 2.5 | 2.5 | 13.7% |
| Total | 17.0 | 18.9 | 23.2 | 25.2 | 14.0% |
Top Export Markets for Cheese from Brazil in 2022:
- Chile (938.4 tons)
- United States (703.3 tons)
- Argentina (602.8 tons)
- Russia (502.9 tons)
- Paraguay (369.6 tons)
- Taiwan (Chinese) (362.2 tons)
- Cuba (287.6 tons)
- Uruguay (168.7 tons)
This report provides an in-depth analysis of the cheese market in Brazil. 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:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- 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 market in Brazil.
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This report provides an in-depth analysis of the uncured cheese market in Brazil.
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This report provides an in-depth analysis of the market for grated and blue cheese in Brazil.
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This report provides an in-depth analysis of the market for processed cheese (excluding grated or powdered) in Brazil.
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This report provides an in-depth analysis of the cheese and curd market in Brazil.
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This report provides an in-depth analysis of the global cheese market.
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This report provides an in-depth analysis of the global uncured cheese market.
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This report provides an in-depth analysis of the global market for grated and blue cheese.
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This report provides an in-depth analysis of the global market for processed cheese (excluding grated or powdered).
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This report provides an in-depth analysis of the global cheese and curd market.
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In March 2023, Cheese imports experienced a remarkable growth rate of 44% month-on-month. Additionally, the value of cheese imports surged to $19M in October 2023.
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The growth rate peaked in March 2023 with a 44% month-to-month increase in imports. The value of Cheese and Curd imports slightly decreased to $17M in January 2024.
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In June 2023, the Cheese And Curd price reached $5,430 per ton (CIF, Brazil), reflecting a 3% increase compared to the previous month.
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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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In 2019, the global cheese market increased by 2.3% to $114.1B, rising for the third year in a row after two years of...
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The global cheese market revenue amounted to $111.7B in 2018, going up by 3.2% against the previous year. This figure refl...
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In 2015, the cheese market was estimated at X thousand tons.
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From 2007 to 2015, the global cheese market showed an upward trend. In 2015, the cheese market was estimated at X thousand tons. In value terms, the cheese market value seesawed due to price fluctuations. It stood at X million USD, which wa
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Global cheese market production was estimated at X million USD in 2015, a decrease of X million USD (X%) against 2014. In physical terms, the production of cheese was estimated at X million USD in 2015, which was X million USD (X%) mo
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From 2007 to 2015, global cheese exports increased by +X% per year, amounting to X billion USD in 2015. In physical terms, exports on the global cheese market reached X thousand tons in 2015, an increase of X thousand tons against the pr
