Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Serbia - 2023
Contents:
- Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Serbia (CIF) - 2023
- Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Serbia (FOB) - 2022
- Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Serbia
- Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Serbia
Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Serbia (CIF) - 2023
In November 2023, the average import price for cheese, blue-veined (not grated, powdered or processed) amounted to $8,474 per ton, rising by 3.6% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average import price increased by 18% m-o-m. The import price peaked at $9,638 per ton in April 2023; however, from May 2023 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($13,526 per ton), while the price for Austria ($6,399 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.1%), 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 Serbia (FOB) - 2022
In 2022, the average export price for cheese, blue-veined (not grated, powdered or processed) amounted to $15,387 per ton, jumping by 63% against the previous year. Overall, the export price posted a tangible expansion. The most prominent rate of growth was recorded in 2021 an increase of 76% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($17,104 per ton), while the average price for exports to Montenegro amounted to $14,547 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+2.7%).
Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Serbia
In 2022, the amount of cheese, blue-veined (not grated, powdered or processed) imported into Serbia rose markedly to 282 tons, picking up by 11% on the year before. The total import volume increased at an average annual rate of +11.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 28% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, imports of cheese, blue-veined (not grated, powdered or processed) expanded notably to $2M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.6% 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 +42.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 809 | 843 | 935 | 896 | 3.5% |
| Italy | 426 | 433 | 535 | 623 | 13.5% |
| Slovakia | N/A | N/A | 131 | 323 | 146.6% |
| Denmark | 0.9 | 0.8 | 0.6 | 71.2 | 329.3% |
| France | 81.3 | 28.6 | 49.6 | 57.0 | -11.2% |
| North Macedonia | 18.3 | 28.8 | 23.7 | N/A | 13.8% |
| Others | 46.4 | 53.5 | 92.9 | 3.6 | -57.3% |
| Total | 1,382 | 1,388 | 1,767 | 1,974 | 12.6% |
Top Suppliers of Cheese, Blue-Veined (Not Grated, Powdered or Processed) to Serbia in 2022:
- Germany (131.9 tons)
- Italy (77.7 tons)
- Slovakia (53.4 tons)
- Denmark (12.2 tons)
- France (6.8 tons)
Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Serbia
In 2022, approx. 411 kg of cheese, blue-veined (not grated, powdered or processed) were exported from Serbia; with a decrease of -67.7% compared with the previous year's figure. In general, exports, however, saw a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by 919%. As a result, the exports attained the peak of 1.3 tons, and then contracted markedly in the following year.
In value terms, exports of cheese, blue-veined (not grated, powdered or processed) fell dramatically to $6.3K in 2022. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 1,692%. As a result, the exports attained the peak of $12K, and then contracted markedly in the following year.
| Export of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Montenegro | 1.4 | 0.7 | 1.3 | 4.0 | 41.9% |
| North Macedonia | N/A | N/A | N/A | 2.3 | 0% |
| Antigua and Barbuda | N/A | N/A | 0.6 | N/A | 0% |
| Netherlands | N/A | N/A | 10.1 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.4 | 0.7 | 12.0 | 6.3 | 65.1% |
Top Export Markets for Cheese, Blue-Veined (Not Grated, Powdered or Processed) from Serbia in 2022:
- Montenegro (276.0 kg)
- North Macedonia (135.0 kg)
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