Price for Cheese of All Kinds, Grated or Powdered in the Czech Republic - 2023
Contents:
- Price for Cheese of All Kinds, Grated or Powdered in the Czech Republic (CIF) - 2023
- Price for Cheese of All Kinds, Grated or Powdered in the Czech Republic (FOB) - 2023
- Imports of Cheese of All Kinds, Grated or Powdered in the Czech Republic
- Exports of Cheese of All Kinds, Grated or Powdered in the Czech Republic
Price for Cheese of All Kinds, Grated or Powdered in the Czech Republic (CIF) - 2023
In November 2023, the average import price for cheese of all kinds, grated or powdered amounted to $7,060 per ton, which is down by -1.7% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 when the average import price increased by 7.7% month-to-month. Over the period under review, average import prices reached the maximum at $7,993 per ton in December 2022; however, from January 2023 to November 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($10,213 per ton), while the price for Germany ($4,311 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 Austria (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cheese of All Kinds, Grated or Powdered in the Czech Republic (FOB) - 2023
In November 2023, the average export price for cheese of all kinds, grated or powdered amounted to $7,647 per ton, remaining relatively unchanged against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in January 2023 an increase of 18% against the previous month. The export price peaked at $8,314 per ton in April 2023; however, from May 2023 to November 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In November 2023, the countries with the highest prices were Slovakia ($9,053 per ton) and the UK ($8,031 per ton), while the average price for exports to Germany ($6,167 per ton) and Hungary ($7,117 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cheese of All Kinds, Grated or Powdered in the Czech Republic
In 2022, approx. 2.6K tons of cheese of all kinds, grated or powdered were imported into the Czech Republic; growing by 20% against the previous year's figure. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 38%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of cheese of all kinds, grated or powdered soared to $18M in 2022. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 45% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
Import of Cheese of All Kinds, Grated or Powdered in the Czech Republic (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 3.7 | 3.5 | 5.0 | 6.0 | 17.5% |
Germany | 2.7 | 2.5 | 3.6 | 4.2 | 15.9% |
Poland | 1.0 | 1.2 | 2.1 | 4.0 | 58.7% |
Netherlands | 0.4 | 0.8 | 1.2 | 2.1 | 73.8% |
Belgium | 0.4 | 0.4 | 0.4 | 0.8 | 26.0% |
Slovakia | 0.2 | 0.2 | 0.3 | 0.4 | 26.0% |
France | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
Others | 0.4 | 0.6 | 0.7 | 0.7 | 20.5% |
Total | 9.1 | 9.3 | 13.5 | 18.4 | 26.5% |
Top Suppliers of Cheese of All Kinds, Grated or Powdered to the Czech Republic in 2022:
- Germany (809.6 tons)
- Italy (673.1 tons)
- Poland (614.3 tons)
- Netherlands (215.2 tons)
- Belgium (135.6 tons)
- Slovakia (56.7 tons)
- France (40.0 tons)
Exports of Cheese of All Kinds, Grated or Powdered in the Czech Republic
For the third consecutive year, the Czech Republic recorded decline in shipments abroad of cheese of all kinds, grated or powdered, which decreased by -0.1% to 521 tons in 2022. Overall, exports recorded a noticeable downturn.
In value terms, exports of cheese of all kinds, grated or powdered soared to $3.6M in 2022. The total export value increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Cheese of All Kinds, Grated or Powdered in the Czech Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 1,946 | 1,519 | 1,413 | 1,989 | 0.7% |
United Kingdom | 688 | 733 | 753 | 793 | 4.8% |
Slovakia | 263 | 413 | 651 | 530 | 26.3% |
Hungary | 51.5 | 18.1 | 32.1 | 148 | 42.2% |
Germany | 141 | 155 | 142 | 111 | -7.7% |
Others | 127 | 81.7 | 35.5 | 66.4 | -19.4% |
Total | 3,217 | 2,920 | 3,027 | 3,638 | 4.2% |
Top Export Markets for Cheese of All Kinds, Grated or Powdered from the Czech Republic in 2022:
- France (299.8 tons)
- United Kingdom (107.9 tons)
- Slovakia (67.0 tons)
- Hungary (20.9 tons)
- Germany (16.7 tons)
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