Price for Cheese of All Kinds, Grated or Powdered in Mexico - 2023
Contents:
- Price for Cheese of All Kinds, Grated or Powdered in Mexico (CIF) - 2023
- Price for Cheese of All Kinds, Grated or Powdered in Mexico (FOB) - 2022
- Imports of Cheese of All Kinds, Grated or Powdered in Mexico
- Exports of Cheese of All Kinds, Grated or Powdered in Mexico
Price for Cheese of All Kinds, Grated or Powdered in Mexico (CIF) - 2023
The average import price for cheese of all kinds, grated or powdered stood at $4,726 per ton in November 2023, stabilizing at the previous month. Overall, the import price saw a slight slump. Over the period under review, average import prices attained the peak figure at $5,380 per ton in March 2023; however, from April 2023 to November 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From November 2022 to November 2023, the rate of growth in terms of prices for the United States amounted to -1.1% per month.
Price for Cheese of All Kinds, Grated or Powdered in Mexico (FOB) - 2022
In 2022, the average export price for cheese of all kinds, grated or powdered amounted to $4,556 per ton, surging by 13% against the previous year. Overall, the export price, however, recorded a noticeable contraction. Over the period under review, the average export prices hit record highs at $6,592 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Cuba.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.2% per year.
Imports of Cheese of All Kinds, Grated or Powdered in Mexico
In 2022, the amount of cheese of all kinds, grated or powdered imported into Mexico surged to 56K tons, rising by 19% compared with 2021. The total import volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. 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 surged to $276M in 2022. The total import value increased at an average annual rate of +8.5% over the period from 2019 to 2022; the trend pattern 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.
| Import of Cheese of All Kinds, Grated or Powdered in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 216 | 230 | 209 | 276 | 8.5% |
| Others | 0.4 | 0.1 | N/A | 0.1 | -37.0% |
| Total | 217 | 230 | 209 | 276 | 8.3% |
Top Suppliers of Cheese of All Kinds, Grated or Powdered to Mexico in 2022:
- United States (56.4K tons)
Exports of Cheese of All Kinds, Grated or Powdered in Mexico
After three years of growth, shipments abroad of cheese of all kinds, grated or powdered decreased by 99.9% to 18 kg in 2022. Overall, exports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2020 with an increase of 94% against the previous year.
In value terms, exports of cheese of all kinds, grated or powdered dropped markedly to $82 in 2022. Over the period under review, exports saw a precipitous descent. The growth pace was the most rapid in 2020 when exports increased by 87% against the previous year.
| Export of Cheese of All Kinds, Grated or Powdered in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cuba | N/A | N/A | N/A | 0.1 | 0% |
| Peru | N/A | 541 | 0.6 | N/A | -99.9% |
| Guatemala | 388 | 540 | 668 | N/A | 31.2% |
| United States | 98.6 | 92.4 | 396 | N/A | 100.4% |
| Jamaica | 141 | 70.8 | 67.1 | N/A | -31.0% |
| Others | 43.5 | 11.2 | 174 | N/A | 100.0% |
| Total | 671 | 1,256 | 1,307 | 0.1 | -94.7% |
Top Export Markets for Cheese of All Kinds, Grated or Powdered from Mexico in 2022:
- Cuba (18.0 kg)
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