Price for Cheese of All Kinds, Grated or Powdered in Switzerland - 2024
Contents:
- Price for Cheese of All Kinds, Grated or Powdered in Switzerland (CIF) - 2024
- Price for Cheese of All Kinds, Grated or Powdered in Switzerland (FOB) - 2024
- Imports of Cheese of All Kinds, Grated or Powdered in Switzerland
- Exports of Cheese of All Kinds, Grated or Powdered in Switzerland
Price for Cheese of All Kinds, Grated or Powdered in Switzerland (CIF) - 2024
The average import price for cheese of all kinds, grated or powdered stood at $10,795 per ton in December 2023, surging by 2.1% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2023 when the average import price increased by 6% m-o-m. Over the period under review, average import prices hit record highs at $11,376 per ton in April 2023; however, from May 2023 to December 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($11,719 per ton), while the price for the Netherlands ($4,870 per ton) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Italy (-0.4%), while the prices for the other major suppliers experienced a decline.
Price for Cheese of All Kinds, Grated or Powdered in Switzerland (FOB) - 2024
The average export price for cheese of all kinds, grated or powdered stood at $8,550 per ton in December 2023, waning by -5.9% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2023 when the average export price increased by 31% m-o-m. As a result, the export price reached the peak level of $9,085 per ton, and then declined in the following month.
There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was France ($19,453 per ton), while the average price for exports to Iraq ($4,589 per ton) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (0.0%), while the prices for the other major destinations experienced a decline.
Imports of Cheese of All Kinds, Grated or Powdered in Switzerland
In 2022, supplies from abroad of cheese of all kinds, grated or powdered decreased by -2.8% to 6.6K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 5.3%.
In value terms, imports of cheese of all kinds, grated or powdered expanded modestly to $64M in 2022. The total import value increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 9%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Cheese of All Kinds, Grated or Powdered in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 48.5 | 47.5 | 52.2 | 53.8 | 3.5% |
| Germany | 3.8 | 5.5 | 5.6 | 5.0 | 9.6% |
| Netherlands | 1.1 | 1.0 | 1.6 | 2.0 | 22.1% |
| France | 1.8 | 1.7 | 1.3 | 1.4 | -8.0% |
| Portugal | 0.1 | 0.2 | 0.2 | 0.7 | 91.3% |
| Others | 1.9 | 1.5 | 1.5 | 1.0 | -19.3% |
| Total | 57.1 | 57.4 | 62.5 | 64.0 | 3.9% |
Top Suppliers of Cheese of All Kinds, Grated or Powdered to Switzerland in 2022:
- Italy (5.1K tons)
- Germany (0.7K tons)
- Netherlands (0.4K tons)
- France (0.2K tons)
- Portugal (0.1K tons)
Exports of Cheese of All Kinds, Grated or Powdered in Switzerland
In 2022, exports of cheese of all kinds, grated or powdered from Switzerland contracted notably to 3.9K tons, falling by -18.9% against 2021. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 24% against the previous year. As a result, the exports reached the peak of 4.8K tons, and then fell notably in the following year.
In value terms, exports of cheese of all kinds, grated or powdered dropped slightly to $25M in 2022. The total export value increased at an average annual rate of +8.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 29%. As a result, the exports reached the peak of $26M, and then dropped modestly in the following year.
| Export of Cheese of All Kinds, Grated or Powdered in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 11.6 | 12.4 | 17.8 | 16.5 | 12.5% |
| France | 3.2 | 4.2 | 4.9 | 5.0 | 16.0% |
| Spain | 0.2 | N/A | N/A | 0.4 | 26.0% |
| China | 1.0 | 1.1 | 0.7 | N/A | -16.3% |
| Others | 3.2 | 2.4 | 2.4 | 3.1 | -1.1% |
| Total | 19.3 | 20.0 | 25.7 | 25.0 | 9.0% |
Top Export Markets for Cheese of All Kinds, Grated or Powdered from Switzerland in 2022:
- Germany (3114.4 tons)
- France (303.2 tons)
- Spain (80.8 tons)
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