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

Contents:

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

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

The average import price for cheese of all kinds, grated or powdered stood at $5,009 per ton in 2022, increasing by 4.2% against the previous year. In general, the import price, however, recorded a perceptible contraction. The pace of growth was the most pronounced in 2016 when the average import price increased by 44% against the previous year. The import price peaked at $6,807 per ton in 2012; however, from 2013 to 2022, 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 Uruguay.

From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +14.0% per year.

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

In 2022, the average export price for cheese of all kinds, grated or powdered amounted to $5,656 per ton, with a decrease of -27.6% against the previous year. In general, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cheese of all kinds, grated or powdered increased by +26.1% against 2019 indices. The growth pace was the most rapid in 2021 when the average export price increased by 69% against the previous year. As a result, the export price reached the peak level of $7,813 per ton, and then fell markedly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($11,263 per ton), while the average price for exports to Kazakhstan ($5,395 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of cheese of all kinds, grated or powdered into Russia fell markedly to 552 tons in 2022, waning by -39.3% against the previous year. Over the period under review, imports continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 369% against the previous year. As a result, imports attained the peak of 910 tons, and then shrank remarkably in the following year.

In value terms, imports of cheese of all kinds, grated or powdered declined markedly to $2.8M in 2022. In general, imports showed a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of 279% against the previous year. As a result, imports reached the peak of $4.4M, and then dropped rapidly in the following year.

Import of Cheese of All Kinds, Grated or Powdered in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay0.60.90.92.867.1%
Belarus2.40.23.3N/A17.3%
Others0.10.10.2N/A41.4%
Total3.11.24.42.8-3.3%

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

  1. Uruguay (551.8 tons)

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

In 2022, overseas shipments of cheese of all kinds, grated or powdered were finally on the rise to reach 78 tons after two years of decline. In general, exports, however, faced a sharp decline.

In value terms, exports of cheese of all kinds, grated or powdered rose significantly to $444K in 2022. Over the period under review, exports, however, faced a abrupt contraction.

Export of Cheese of All Kinds, Grated or Powdered in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan398264159396-0.2%
AzerbaijanN/AN/AN/A36.40%
TajikistanN/AN/AN/A9.60%
KyrgyzstanN/AN/A45.51.8-96.0%
Belarus323190190N/A-23.3%
Georgia42.1N/AN/AN/A0%
Others1.638.4N/A0.6-27.9%
Total764493395444-16.5%

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

  1. Kazakhstan (73.3 tons)
  2. Azerbaijan (3.2 tons)
  3. Tajikistan (1.4 tons)
  4. Kyrgyzstan (0.4 tons)

Source: IndexBox Market Intelligence Platform

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