Price for Cheese of All Kinds, Grated or Powdered in Iraq - 2022

Contents:

  1. Price for Cheese of All Kinds, Grated or Powdered in Iraq (CIF) - 2022
  2. Price for Cheese of All Kinds, Grated or Powdered in Iraq (FOB) - 2022
  3. Imports of Cheese of All Kinds, Grated or Powdered in Iraq
  4. Exports of Cheese of All Kinds, Grated or Powdered in Iraq

Price for Cheese of All Kinds, Grated or Powdered in Iraq (CIF) - 2022

The average import price for cheese of all kinds, grated or powdered stood at $4,222 per ton in 2022, waning by -2.6% against the previous year. Over the period under review, the import price saw a pronounced descent. The pace of growth was the most pronounced in 2018 when the average import price increased by 19% against the previous year. The import price peaked at $5,459 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 France ($8,045 per ton), while the price for Iran ($2,216 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cheese of All Kinds, Grated or Powdered in Iraq (FOB) - 2022

In 2020, the average export price for cheese of all kinds, grated or powdered amounted to $5,021 per ton, surging by 7% against the previous year. Over the last one-year period, it increased at an average annual rate of +7.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2019 to 2020, the rate of growth in terms of prices for Turkey amounted to +7.0% per year.

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

In 2022, purchases abroad of cheese of all kinds, grated or powdered increased by 5.8% to 4K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a perceptible shrinkage.

In value terms, imports of cheese of all kinds, grated or powdered expanded slightly to $17M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern.

Import of Cheese of All Kinds, Grated or Powdered in Iraq (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey3.95.04.75.713.5%
Iran7.08.17.35.7-6.6%
France4.53.13.44.71.5%
United Kingdom0.50.30.20.1-41.5%
Others0.80.70.60.6-9.1%
Total16.717.216.216.70.0%

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

  1. Iran (2564.0 tons)
  2. Turkey (724.7 tons)
  3. France (581.5 tons)
  4. United Kingdom (8.1 tons)

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

In 2022, approx. 720 kg of cheese of all kinds, grated or powdered were exported from Iraq; leveling off at 2021 figures. Over the period under review, exports saw a precipitous slump. The smallest decline of -85% was in 2020.

In value terms, exports of cheese of all kinds, grated or powdered amounted to $3.6K in 2022. Overall, exports faced a precipitous contraction. The smallest decline of -83.9% was in 2020.

Export of Cheese of All Kinds, Grated or Powdered in Iraq (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
Turkey45.07.2-84.0%
OthersN/AN/A0%
Total45.07.2-84.0%

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

  1. Turkey (1.4 tons)

Source: IndexBox Market Intelligence Platform

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