Price for Cheese of All Kinds, Grated or Powdered in Ireland - 2023
Contents:
- Price for Cheese of All Kinds, Grated or Powdered in Ireland (FOB) - 2023
- Price for Cheese of All Kinds, Grated or Powdered in Ireland (CIF) - 2023
- Exports of Cheese of All Kinds, Grated or Powdered in Ireland
- Imports of Cheese of All Kinds, Grated or Powdered in Ireland
Price for Cheese of All Kinds, Grated or Powdered in Ireland (FOB) - 2023
The average export price for cheese of all kinds, grated or powdered stood at $4,914 per ton in November 2023, waning by -10.6% against the previous month. Overall, the export price showed a mild decline. The growth pace was the most rapid in September 2023 when the average export price increased by 25% month-to-month. The export price peaked at $9,435 per ton in April 2023; however, from May 2023 to November 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Bulgaria ($7,548 per ton), while the average price for exports to Denmark ($2,061 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 Italy (+3.8%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cheese of All Kinds, Grated or Powdered in Ireland (CIF) - 2023
In November 2023, the average import price for cheese of all kinds, grated or powdered amounted to $7,288 per ton, rising by 8.5% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $8,032 per ton in December 2022; however, from January 2023 to November 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($12,468 per ton), while the price for the Netherlands ($5,930 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cheese of All Kinds, Grated or Powdered in Ireland
In 2022, shipments abroad of cheese of all kinds, grated or powdered was finally on the rise to reach 6.4K tons after two years of decline. Over the period under review, exports, however, continue to indicate a abrupt contraction.
In value terms, exports of cheese of all kinds, grated or powdered soared to $39M in 2022. The total export value increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cheese of All Kinds, Grated or Powdered in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 22.0 | 20.1 | 19.6 | 23.9 | 2.8% |
| Netherlands | 0.6 | 0.6 | 1.2 | 4.1 | 89.8% |
| Germany | 1.9 | 1.7 | 2.1 | 3.2 | 19.0% |
| Belgium | 7.8 | 5.2 | 1.7 | 2.4 | -32.5% |
| Denmark | 0.1 | 0.3 | 0.3 | 2.1 | 175.9% |
| France | 0.3 | 0.1 | 0.3 | 0.8 | 38.7% |
| Others | 2.0 | 1.2 | 1.7 | 1.9 | -1.7% |
| Total | 34.7 | 29.2 | 26.9 | 38.5 | 3.5% |
Top Export Markets for Cheese of All Kinds, Grated or Powdered from Ireland in 2022:
- United Kingdom (3488.1 tons)
- Denmark (1053.4 tons)
- Netherlands (639.6 tons)
- Germany (479.6 tons)
- Belgium (361.6 tons)
- France (102.8 tons)
Imports of Cheese of All Kinds, Grated or Powdered in Ireland
After two years of decline, overseas purchases of cheese of all kinds, grated or powdered increased by 81% to 3.3K tons in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +5.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained 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 $23M in 2022. Overall, imports showed significant growth. 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 Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 8.8 | 9.6 | 7.5 | 13.8 | 16.2% |
| Italy | 1.4 | 1.2 | 2.4 | 3.8 | 39.5% |
| Netherlands | N/A | N/A | 0.5 | 2.4 | 380.0% |
| France | 0.2 | 0.1 | N/A | 1.8 | 108.0% |
| Germany | 0.4 | 0.5 | 0.5 | 0.5 | 7.7% |
| Belgium | 0.1 | 0.3 | 0.2 | 0.4 | 58.7% |
| Others | 0.2 | N/A | 0.2 | 0.2 | 0.0% |
| Total | 11.1 | 11.6 | 11.3 | 22.9 | 27.3% |
Top Suppliers of Cheese of All Kinds, Grated or Powdered to Ireland in 2022:
- United Kingdom (2236.8 tons)
- Netherlands (426.7 tons)
- Italy (356.3 tons)
- France (114.6 tons)
- Germany (79.6 tons)
- Belgium (73.5 tons)
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