Price for Cheese of All Kinds, Grated or Powdered in Bangladesh - 2022
Contents:
- Price for Cheese of All Kinds, Grated or Powdered in Bangladesh (CIF) - 2022
- Imports of Cheese of All Kinds, Grated or Powdered in Bangladesh
Price for Cheese of All Kinds, Grated or Powdered in Bangladesh (CIF) - 2022
In 2022, the average import price for cheese of all kinds, grated or powdered amounted to $5,064 per ton, declining by -1.8% against the previous year. Over the period under review, the import price continues to indicate a slight descent. The pace of growth was the most pronounced in 2014 when the average import price increased by 51%. As a result, import price reached the peak level of $8,379 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
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 China ($10,899 per ton), while the price for New Zealand ($3,547 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cheese of All Kinds, Grated or Powdered in Bangladesh
In 2022, after three years of growth, there was significant decline in purchases abroad of cheese of all kinds, grated or powdered, when their volume decreased by -24.1% to 192 tons. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 93% against the previous year. As a result, imports attained the peak of 254 tons, and then declined notably in the following year.
In value terms, imports of cheese of all kinds, grated or powdered reduced notably to $974K in 2022. In general, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 104%. As a result, imports reached the peak of $1.3M, and then shrank dramatically in the following year.
| Import of Cheese of All Kinds, Grated or Powdered in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 174 | 357 | 435 | 498 | 42.0% |
| China | 22.8 | 156 | 569 | 416 | 163.3% |
| United Kingdom | 197 | 41.9 | 121 | 25.5 | -49.4% |
| Australia | 110 | 9.4 | 18.8 | 16.0 | -47.4% |
| United Arab Emirates | 2.9 | 50.7 | 20.7 | 8.5 | 43.1% |
| Turkey | N/A | 25.8 | 142 | N/A | 450.4% |
| Others | N/A | N/A | 1.1 | 10.1 | 818.2% |
| Total | 507 | 641 | 1,307 | 974 | 24.3% |
Top Suppliers of Cheese of All Kinds, Grated or Powdered to Bangladesh in 2022:
- New Zealand (140.4 tons)
- China (38.1 tons)
- United Kingdom (6.4 tons)
- Australia (3.0 tons)
- United Arab Emirates (1.1 tons)
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