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

Contents:

  1. Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Japan (CIF) - 2023
  2. Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Japan (FOB) - 2022
  3. Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Japan
  4. Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Japan

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

The average import price for cheese, blue-veined (not grated, powdered or processed) stood at $12,812 per ton in November 2023, remaining relatively unchanged against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 10% against the previous month. Over the period under review, average import prices hit record highs at $13,609 per ton in July 2023; however, from August 2023 to November 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the UK ($18,963 per ton), while the price for Germany ($11,019 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the UK (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for cheese, blue-veined (not grated, powdered or processed) stood at $10,533 per ton in 2022, reducing by -7.9% against the previous year. Overall, the export price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 37% against the previous year. As a result, the export price attained the peak level of $11,439 per ton, and then contracted in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($20,000 per ton), while the average price for exports to Denmark ($10,177 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 Hong Kong SAR (+15.3%).

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

In 2022, imports of cheese, blue-veined (not grated, powdered or processed) into Japan expanded modestly to 1.1K tons, increasing by 2.9% against 2021 figures. Overall, imports, however, continue to indicate a abrupt contraction.

In value terms, imports of cheese, blue-veined (not grated, powdered or processed) shrank modestly to $12M in 2022. Over the period under review, imports, however, continue to indicate a perceptible decline. The pace of growth appeared the most rapid in 2021 when imports increased by 5.2%.

Import of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy7.36.36.97.61.4%
Denmark3.02.52.51.9-14.1%
France2.52.12.11.8-10.4%
Germany0.50.50.60.50.0%
United Kingdom0.40.30.30.40.0%
Others0.30.10.1N/A-42.3%
Total14.011.812.412.3-4.2%

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

  1. Italy (672.9 tons)
  2. Denmark (184.3 tons)
  3. France (130.6 tons)
  4. Germany (48.1 tons)
  5. United Kingdom (19.1 tons)

Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Japan

In 2022, after three years of growth, there was significant decline in shipments abroad of cheese, blue-veined (not grated, powdered or processed), when their volume decreased by -30.5% to 182 kg. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 162%. As a result, the exports reached the peak of 262 kg, and then shrank rapidly in the following year.

In value terms, exports of cheese, blue-veined (not grated, powdered or processed) reduced notably to $1.9K in 2022. Overall, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 258%. As a result, the exports attained the peak of $3K, and then reduced dramatically in the following year.

Export of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Japan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
DenmarkN/AN/AN/A1,7810%
Hong Kong SAR17.07242,63912091.8%
Taiwan (Chinese)3.011235016.074.7%
AustriaN/AN/A8.0N/A0%
Italy410N/AN/AN/A0%
Others11.0N/AN/AN/A0%
Total4418362,9971,91763.2%

Top Export Markets for Cheese, Blue-Veined (Not Grated, Powdered or Processed) from Japan in 2022:

  1. Denmark (175.0 kg)
  2. Hong Kong SAR (6.0 kg)
  3. Taiwan (Chinese) (1.0 kg)

Source: IndexBox Market Intelligence Platform

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