Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in South Africa - 2024

Contents:

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

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

In 2022, the average import price for cheese, blue-veined (not grated, powdered or processed) amounted to $8,243 per ton, dropping by -6.7% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 10%. As a result, import price attained the peak level of $9,397 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($10,848 per ton), while the price for the Netherlands ($6,331 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+1.9%), 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 South Africa (FOB) - 2022

The average export price for cheese, blue-veined (not grated, powdered or processed) stood at $4,100 per ton in 2022, dropping by -5.3% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cheese, blue-veined (not grated, powdered or processed) increased by +41.2% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 75% against the previous year. The export price peaked at $5,002 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($13,823 per ton), while the average price for exports to Swaziland ($783 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 Nigeria (+17.5%), 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 South Africa

In 2022, supplies from abroad of cheese, blue-veined (not grated, powdered or processed) increased by 85% to 134 tons for the first time since 2019, thus ending a two-year declining trend. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +8.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cheese, blue-veined (not grated, powdered or processed) soared to $1.1M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy29529927953321.8%
Denmark4023652704070.4%
Germany95.6N/A13.71053.2%
Netherlands1.111.91.433.6212.6%
France40.421.821.219.1-22.1%
United Kingdom54.043.052.78.0-47.1%
OthersN/AN/A0.1N/A0%
Total8897416381,1057.5%

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

  1. Italy (67.9 tons)
  2. Denmark (44.0 tons)
  3. Germany (14.8 tons)
  4. Netherlands (5.3 tons)
  5. France (1.3 tons)
  6. United Kingdom (0.7 tons)

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

In 2022, the amount of cheese, blue-veined (not grated, powdered or processed) exported from South Africa rose sharply to 38 tons, with an increase of 14% against the previous year's figure. Overall, total exports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.4% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 41% against the previous year. Over the period under review, the exports of attained the maximum 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) rose remarkably to $155K in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 65% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Botswana23.214.927.755.934.1%
Namibia21.120.635.531.213.9%
Zambia24.420.731.830.78.0%
Seychelles2.00.81.111.579.2%
Mozambique11.113.811.711.51.2%
Swaziland4.96.78.86.17.6%
Malawi5.54.23.04.7-5.1%
Nigeria10.71.55.41.3-50.5%
Others1.84.619.62.613.0%
Total10587.614515513.9%

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

  1. Botswana (17.2 tons)
  2. Swaziland (7.8 tons)
  3. Zambia (5.5 tons)
  4. Namibia (3.5 tons)
  5. Mozambique (1.6 tons)
  6. Seychelles (1.2 tons)
  7. Malawi (0.8 tons)
  8. Nigeria (0.1 tons)

Source: IndexBox Market Intelligence Platform

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