Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in the UK - 2023
Contents:
- Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in the UK (CIF) - 2023
- Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in the UK (FOB) - 2023
- Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in the UK
- Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in the UK
Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in the UK (CIF) - 2023
The average import price for cheese, blue-veined (not grated, powdered or processed) stood at $9,465 per ton in November 2023, rising by 3.7% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 7.2% month-to-month. The import price peaked at $9,711 per ton in July 2023; however, from August 2023 to November 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($11,535 per ton), while the price for Denmark ($6,609 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 (+1.6%), 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 the UK (FOB) - 2023
The average export price for cheese, blue-veined (not grated, powdered or processed) stood at $10,649 per ton in November 2023, waning by -5.4% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in September 2023 an increase of 34% against the previous month. The export price peaked at $12,174 per ton in April 2023; however, from May 2023 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Canada ($14,630 per ton), while the average price for exports to Denmark ($2,296 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in the UK
After two years of decline, overseas purchases of cheese, blue-veined (not grated, powdered or processed) increased by 4.6% to 4.7K tons in 2022. Overall, imports, however, saw a noticeable slump.
In value terms, imports of cheese, blue-veined (not grated, powdered or processed) fell to $38M in 2022. In general, imports, however, continue to indicate a noticeable descent. The growth pace was the most rapid in 2021 when imports increased by 7.9%.
| Import of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 16.8 | 15.0 | 16.6 | 14.3 | -5.2% |
| Italy | 9.9 | 8.7 | 7.6 | 8.1 | -6.5% |
| Germany | 7.0 | 5.8 | 6.8 | 7.2 | 0.9% |
| Denmark | 6.8 | 6.9 | 5.8 | 6.7 | -0.5% |
| Ireland | 0.5 | 0.4 | 0.6 | 0.7 | 11.9% |
| Others | 0.3 | 0.1 | 2.5 | 0.6 | 26.0% |
| Total | 41.2 | 37.1 | 40.0 | 37.5 | -3.1% |
Top Suppliers of Cheese, Blue-Veined (Not Grated, Powdered or Processed) to the UK in 2022:
- France (1525.7 tons)
- Denmark (1058.5 tons)
- Germany (1038.7 tons)
- Italy (928.8 tons)
- Ireland (72.3 tons)
Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in the UK
In 2022, exports of cheese, blue-veined (not grated, powdered or processed) from the UK soared to 2.4K tons, growing by 17% on the previous year's figure. The total export volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, exports of cheese, blue-veined (not grated, powdered or processed) skyrocketed to $19M in 2022. Over the period under review, exports, however, showed a deep setback.
| Export of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.6 | 5.4 | 4.8 | 5.5 | -10.2% |
| France | 3.5 | 2.7 | 3.9 | 3.8 | 2.8% |
| Netherlands | 1.7 | 0.7 | 1.8 | 3.2 | 23.5% |
| Australia | 1.7 | 1.7 | 1.4 | 1.7 | 0.0% |
| Canada | 0.6 | 0.6 | 1.0 | 1.3 | 29.4% |
| Denmark | 0.8 | 0.4 | 0.5 | 1.2 | 14.5% |
| Ireland | 1.4 | 0.8 | 0.6 | 0.7 | -20.6% |
| Germany | 1.5 | 1.1 | 0.5 | 0.4 | -35.6% |
| Spain | 1.5 | 1.1 | 0.2 | 0.1 | -59.5% |
| Others | 3.1 | 2.3 | 1.9 | 1.4 | -23.3% |
| Total | 23.5 | 16.7 | 16.6 | 19.3 | -6.4% |
Top Export Markets for Cheese, Blue-Veined (Not Grated, Powdered or Processed) from the UK in 2022:
- France (490.0 tons)
- United States (460.0 tons)
- Denmark (376.2 tons)
- Netherlands (311.9 tons)
- Australia (160.7 tons)
- Canada (105.1 tons)
- Ireland (89.2 tons)
- Germany (28.9 tons)
- Spain (8.3 tons)
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