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

Contents:

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

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

In 2022, the average import price for cheese of all kinds, grated or powdered amounted to $4,796 per ton, falling by -11.1% against the previous year. In general, the import price, however, continues to indicate a pronounced expansion. The growth pace was the most rapid in 2021 when the average import price increased by 25%. As a result, import price reached the peak level of $5,392 per ton, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($7,104 per ton), while the price for the United States ($2,916 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for cheese of all kinds, grated or powdered stood at $11,500 per ton in 2022, waning by -17.9% against the previous year. Overall, the export price, however, saw buoyant growth. The pace of growth was the most pronounced in 2016 an increase of 21%. Over the period under review, the average export prices attained the maximum at $14,000 per ton in 2021, and then fell sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for Aruba.

From 2012 to 2022, the rate of growth in terms of prices for Aruba amounted to +8.6% per year.

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

In 2022, after two years of decline, there was significant growth in overseas purchases of cheese of all kinds, grated or powdered, when their volume increased by 12% to 24 tons. Over the period under review, imports, however, saw a deep contraction.

In value terms, imports of cheese of all kinds, grated or powdered declined to $115K in 2022. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 1.3% against the previous year. As a result, imports reached the peak of $116K, leveling off in the following year.

Import of Cheese of All Kinds, Grated or Powdered in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy60.135.218.458.6-0.8%
Spain10.849.663.738.152.2%
Colombia7.09.314.88.35.8%
United States28.113.012.36.6-38.3%
Others7.77.36.73.6-22.4%
Total1141141161150.3%

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

  1. Spain (10.7 tons)
  2. Italy (8.3 tons)
  3. Colombia (2.5 tons)
  4. United States (2.3 tons)

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

In 2022, overseas shipments of cheese of all kinds, grated or powdered were finally on the rise to reach 4 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a abrupt decline.

In value terms, exports of cheese of all kinds, grated or powdered rose significantly to $46 in 2022. Overall, exports, however, showed a deep slump.

Export of Cheese of All Kinds, Grated or Powdered in Venezuela (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Aruba57.026.042.046.0-6.9%
PanamaN/A23.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total57.049.042.046.0-6.9%

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

  1. Aruba (4.0 kg)

Source: IndexBox Market Intelligence Platform

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