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

Contents:

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

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

In 2022, the average import price for cheese, blue-veined (not grated, powdered or processed) amounted to $12,630 per ton, picking up by 2.4% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2013 an increase of 28%. The import price peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Dominica ($19,283 per ton), while the price for the Netherlands ($8,650 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.7%), 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 Sri Lanka (FOB) - 2022

In 2022, the average export price for cheese, blue-veined (not grated, powdered or processed) amounted to $6,400 per ton, waning by -2.4% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 64% against the previous year. Over the period under review, the average export prices attained the maximum at $6,900 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +0.2% per year.

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

In 2022, after two years of decline, there was significant growth in supplies from abroad of cheese, blue-veined (not grated, powdered or processed), when their volume increased by 33% to 1.3 tons. Overall, imports, however, recorded a precipitous decrease.

In value terms, imports of cheese, blue-veined (not grated, powdered or processed) soared to $17K in 2022. In general, imports, however, recorded a abrupt decline.

Import of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark13.22.72.612.8-1.0%
Netherlands1.20.41.21.712.3%
DominicaN/AN/AN/A1.20%
Germany6.61.70.70.6-55.0%
France2.01.01.30.4-41.5%
Spain0.90.60.7N/A-11.8%
Australia1.31.41.2N/A-3.9%
United Arab Emirates4.14.23.3N/A-10.3%
Others1.91.71.30.1-62.5%
Total31.213.712.316.8-18.6%

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

  1. Denmark (988.0 kg)
  2. Netherlands (200.0 kg)
  3. Dominica (60.0 kg)
  4. Germany (36.0 kg)
  5. France (34.0 kg)

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

In 2022, shipments abroad of cheese, blue-veined (not grated, powdered or processed) was finally on the rise to reach 10 kg after two years of decline. In general, exports, however, recorded a deep reduction.

In value terms, exports of cheese, blue-veined (not grated, powdered or processed) expanded significantly to $64 in 2022. Over the period under review, exports, however, showed a abrupt decrease.

Export of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Maldives81.069.059.064.0-7.6%
OthersN/AN/AN/AN/A0%
Total81.069.059.064.0-7.6%

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

  1. Maldives (10.0 kg)

Source: IndexBox Market Intelligence Platform

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