Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Belgium - 2023
Contents:
- Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Belgium (CIF) - 2023
- Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Belgium (FOB) - 2023
- Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Belgium
- Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Belgium
Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Belgium (CIF) - 2023
In November 2023, the average import price for cheese, blue-veined (not grated, powdered or processed) amounted to $10,199 per ton, which is down by -15.3% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 23% month-to-month. The import price peaked at $12,110 per ton in September 2023; however, from October 2023 to November 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From November 2022 to November 2023, the rate of growth in terms of prices for Germany amounted to +4.5% per month.
Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Belgium (FOB) - 2023
In November 2023, the average export price for cheese, blue-veined (not grated, powdered or processed) amounted to $12,085 per ton, reducing by -9% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 8.1% m-o-m. The export price peaked at $14,147 per ton in August 2023; however, from September 2023 to November 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Chile ($11,355 per ton), while the average price for exports to Mexico ($7,091 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Belgium
In 2022, the amount of cheese, blue-veined (not grated, powdered or processed) imported into Belgium was estimated at 3.2K tons, increasing by 2.2% compared with the year before. The total import volume increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 26%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of cheese, blue-veined (not grated, powdered or processed) totaled $30M in 2022. The total import value increased at an average annual rate of +10.6% 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 2021 when imports increased by 26%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 12.9 | 13.2 | 14.5 | 14.5 | 4.0% |
| Italy | 3.9 | 4.5 | 6.8 | 7.0 | 21.5% |
| Netherlands | 4.1 | 4.8 | 5.0 | 5.2 | 8.2% |
| United Kingdom | 0.5 | 0.5 | 2.4 | 2.7 | 75.4% |
| Germany | 0.3 | 0.2 | 0.3 | 0.4 | 10.1% |
| Others | 0.7 | 0.5 | 1.0 | 0.6 | -5.0% |
| Total | 22.4 | 23.8 | 30.0 | 30.3 | 10.6% |
Top Suppliers of Cheese, Blue-Veined (Not Grated, Powdered or Processed) to Belgium in 2022:
- France (1405.1 tons)
- Italy (1001.1 tons)
- Netherlands (437.4 tons)
- United Kingdom (224.5 tons)
- Germany (77.0 tons)
Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Belgium
Exports of cheese, blue-veined (not grated, powdered or processed) from Belgium expanded to 988 tons in 2022, surging by 2.4% against 2021. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 90% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of cheese, blue-veined (not grated, powdered or processed) totaled $11M in 2022. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 76%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 4.8 | 4.4 | 5.4 | 6.1 | 8.3% |
| United Kingdom | N/A | N/A | 2.8 | 2.7 | -3.6% |
| Luxembourg | 0.6 | 0.7 | 0.7 | 0.6 | 0.0% |
| Germany | 0.1 | 0.1 | 0.6 | 0.5 | 71.0% |
| France | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Others | 0.2 | 0.4 | 0.5 | 0.6 | 44.2% |
| Total | 6.0 | 5.8 | 10.3 | 10.7 | 21.3% |
Top Export Markets for Cheese, Blue-Veined (Not Grated, Powdered or Processed) from Belgium in 2022:
- Netherlands (522.2 tons)
- United Kingdom (305.2 tons)
- Luxembourg (51.7 tons)
- Germany (34.4 tons)
- France (19.1 tons)
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