Price for Cheese of All Kinds, Grated or Powdered in France - 2023

Contents:

  1. Price for Cheese of All Kinds, Grated or Powdered in France (CIF) - 2023
  2. Price for Cheese of All Kinds, Grated or Powdered in France (FOB) - 2023
  3. Imports of Cheese of All Kinds, Grated or Powdered in France
  4. Exports of Cheese of All Kinds, Grated or Powdered in France

Price for Cheese of All Kinds, Grated or Powdered in France (CIF) - 2023

In November 2023, the average import price for cheese of all kinds, grated or powdered amounted to $7,925 per ton, approximately equating the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average import price increased by 7.1% m-o-m. The import price peaked at $8,404 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 Switzerland ($16,879 per ton), while the price for the UK stood at $5,777 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Ireland (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cheese of All Kinds, Grated or Powdered in France (FOB) - 2023

The average export price for cheese of all kinds, grated or powdered stood at $6,135 per ton in November 2023, growing by 2.8% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average export price increased by 5.3% m-o-m. As a result, the export price reached the peak level of $6,460 per ton. From January 2023 to November 2023, the the average 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 French Polynesia ($8,886 per ton), while the average price for exports to South Africa ($4,481 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to French Polynesia (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cheese of All Kinds, Grated or Powdered in France

In 2022, approx. 48K tons of cheese of all kinds, grated or powdered were imported into France; growing by 10% against 2021 figures. The total import volume increased at an average annual rate of +8.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cheese of all kinds, grated or powdered skyrocketed to $399M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cheese of All Kinds, Grated or Powdered in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy12014116418014.5%
Belgium40.644.656.476.323.4%
Netherlands33.142.545.852.416.5%
United Kingdom15.815.316.237.733.6%
Germany21.517.919.324.84.9%
Ireland0.40.414.915.0234.7%
Switzerland4.14.75.45.510.3%
Others5.35.66.97.411.8%
Total24127232839918.3%

Top Suppliers of Cheese of All Kinds, Grated or Powdered to France in 2022:

  1. Italy (12.6K tons)
  2. Belgium (11.0K tons)
  3. Netherlands (9.9K tons)
  4. United Kingdom (6.1K tons)
  5. Germany (3.5K tons)
  6. Ireland (3.1K tons)
  7. Switzerland (0.9K tons)

Exports of Cheese of All Kinds, Grated or Powdered in France

In 2022, exports of cheese of all kinds, grated or powdered from France skyrocketed to 37K tons, jumping by 45% compared with the previous year's figure. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.9% 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 +63.5% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cheese of all kinds, grated or powdered soared to $217M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +18.9% 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 +69.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cheese of All Kinds, Grated or Powdered in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain34.333.535.649.713.2%
Belgium41.145.042.946.44.1%
Netherlands1.14.56.813.1128.4%
Iraq8.06.16.512.215.1%
Poland2.21.43.112.076.0%
Italy1.91.71.610.878.5%
Germany2.22.12.48.758.1%
Saudi Arabia3.02.94.48.139.2%
Luxembourg5.65.65.16.44.6%
Portugal3.52.83.35.818.3%
United Kingdom5.22.13.94.3-6.1%
Romania0.50.41.03.998.3%
Lebanon3.20.91.11.7-19.0%
Others17.219.123.933.625.0%
Total12912814221718.9%

Top Export Markets for Cheese of All Kinds, Grated or Powdered from France in 2022:

  1. Spain (8.9K tons)
  2. Belgium (5.0K tons)
  3. Netherlands (2.8K tons)
  4. Italy (2.5K tons)
  5. Poland (2.5K tons)
  6. Iraq (2.3K tons)
  7. Germany (1.8K tons)
  8. Saudi Arabia (1.5K tons)
  9. Portugal (1.1K tons)
  10. Luxembourg (0.9K tons)
  11. United Kingdom (0.8K tons)
  12. Romania (0.6K tons)
  13. Lebanon (0.3K tons)

Source: IndexBox Market Intelligence Platform

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