Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Azerbaijan - 2023

Contents:

  1. Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Azerbaijan (CIF) - 2022
  2. Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Azerbaijan

Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Azerbaijan (CIF) - 2022

The average import price for cheese, blue-veined (not grated, powdered or processed) stood at $9,456 per ton in 2022, increasing by 11% against the previous year. Overall, the import price continues to indicate a significant increase. The pace of growth was the most pronounced in 2016 an increase of 308%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($13,741 per ton), while the price for Italy ($8,749 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+24.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Azerbaijan

In 2022, approx. 11 tons of cheese, blue-veined (not grated, powdered or processed) were imported into Azerbaijan; increasing by 6.3% against 2021. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +95.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 84%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of cheese, blue-veined (not grated, powdered or processed) soared to $102K in 2022. In general, imports continue to indicate resilient growth. The growth pace was the most rapid in 2021 with an increase of 77% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark44.724.856.872.517.5%
France10.614.615.917.718.6%
Italy3.83.17.310.841.6%
Poland2.16.26.30.7-30.7%
Others3.10.20.20.8-36.3%
Total64.448.986.510216.6%

Top Suppliers of Cheese, Blue-Veined (Not Grated, Powdered or Processed) to Azerbaijan in 2022:

  1. Denmark (8.2 tons)
  2. France (1.3 tons)
  3. Italy (1.2 tons)
  4. Poland (0.1 tons)

Source: IndexBox Market Intelligence Platform

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