Price for Cheese of All Kinds, Grated or Powdered in India - 2023
Contents:
- Price for Cheese of All Kinds, Grated or Powdered in India (FOB) - 2023
- Price for Cheese of All Kinds, Grated or Powdered in India (CIF) - 2022
- Exports of Cheese of All Kinds, Grated or Powdered in India
- Imports of Cheese of All Kinds, Grated or Powdered in India
Price for Cheese of All Kinds, Grated or Powdered in India (FOB) - 2023
In November 2023, the average export price for cheese of all kinds, grated or powdered amounted to $9,166 per ton, with an increase of 88% against the previous month. Over the period under review, the export price continues to indicate strong growth. The pace of growth was the most pronounced in May 2023 when the average export price increased by 132% against the previous month. Over the period under review, the average export prices attained the peak figure at $9,780 per ton in September 2023; however, from October 2023 to November 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United Arab Emirates ($11,278 per ton), while the average price for exports to Kuwait totaled $4,944 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cheese of All Kinds, Grated or Powdered in India (CIF) - 2022
In 2022, the average import price for cheese of all kinds, grated or powdered amounted to $8,154 per ton, increasing by 8% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 15% against the previous year. The import price peaked at $10,014 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($15,296 per ton), while the price for Denmark ($6,157 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 (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cheese of All Kinds, Grated or Powdered in India
Exports of cheese of all kinds, grated or powdered from India soared to 78 tons in 2022, growing by 68% compared with 2021 figures. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 96%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of cheese of all kinds, grated or powdered soared to $395K in 2022. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 80%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Cheese of All Kinds, Grated or Powdered in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sri Lanka | 37.4 | 4.3 | 3.0 | 206 | 76.6% |
| Nepal | 16.5 | 39.9 | 128 | 132 | 100.0% |
| Bhutan | 15.7 | 48.6 | 74.8 | 42.0 | 38.8% |
| Bangladesh | N/A | N/A | 0.8 | 3.7 | 362.5% |
| United Arab Emirates | 18.7 | 22.6 | 4.6 | 2.9 | -46.3% |
| Others | 9.0 | 10.1 | 13.7 | 7.7 | -5.1% |
| Total | 97.4 | 125 | 225 | 395 | 59.5% |
Top Export Markets for Cheese of All Kinds, Grated or Powdered from India in 2022:
- Sri Lanka (39.4 tons)
- Nepal (27.4 tons)
- Bhutan (7.5 tons)
- Bangladesh (2.0 tons)
- United Arab Emirates (0.3 tons)
Imports of Cheese of All Kinds, Grated or Powdered in India
In 2022, approx. 37 tons of cheese of all kinds, grated or powdered were imported into India; rising by 69% on 2021 figures. Over the period under review, imports, however, faced a drastic downturn.
In value terms, imports of cheese of all kinds, grated or powdered surged to $298K in 2022. In general, imports, however, showed a abrupt descent.
| Import of Cheese of All Kinds, Grated or Powdered in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 57.0 | 3.9 | 3.6 | 134 | 33.0% |
| Germany | 285 | 71.0 | 24.0 | 72.8 | -36.6% |
| Denmark | 177 | N/A | 38.9 | 57.4 | -31.3% |
| Netherlands | 9.1 | 2.0 | 2.5 | 12.2 | 10.3% |
| Singapore | N/A | N/A | N/A | 8.6 | 0% |
| Australia | 5.9 | 2.2 | 5.9 | 7.9 | 10.2% |
| United Arab Emirates | 23.2 | 61.1 | 86.0 | N/A | 92.5% |
| Others | N/A | N/A | 2.4 | 5.2 | 116.7% |
| Total | 557 | 140 | 163 | 298 | -18.8% |
Top Suppliers of Cheese of All Kinds, Grated or Powdered to India in 2022:
- Italy (15.2 tons)
- Germany (9.4 tons)
- Denmark (9.3 tons)
- Netherlands (1.0 tons)
- Singapore (0.6 tons)
- Australia (0.6 tons)
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