Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in China - 2023
Contents:
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in China (CIF) - 2023
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in China (FOB) - 2022
- Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in China
- Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in China
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in China (CIF) - 2023
In December 2023, the average import price for cheese, other than blue-veined, grated, powdered or processed amounted to $5,578 per ton, with an increase of 4% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The import price peaked at $6,176 per ton in December 2022; however, from January 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 ($9,706 per ton), while the price for Australia ($4,291 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in China (FOB) - 2022
The average export price for cheese, other than blue-veined, grated, powdered or processed stood at $10,792 per ton in 2022, growing by 165% against the previous year. In general, the export price posted slight growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic People's Republic of Korea ($14,250 per ton), while the average price for exports to the Philippines amounted to $3,875 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic People's Republic of Korea (+27.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in China
In 2022, imports of cheese, other than blue-veined, grated, powdered or processed into China reached 34K tons, remaining relatively unchanged against the previous year's figure. The total import volume increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 28%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of cheese, other than blue-veined, grated, powdered or processed expanded sharply to $187M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.2% 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 +50.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 33% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 37.4 | 50.4 | 64.0 | 114 | 45.0% |
| United States | 24.2 | 20.2 | 27.9 | 15.9 | -13.1% |
| Netherlands | 4.2 | 5.6 | 12.8 | 11.1 | 38.3% |
| Italy | 15.4 | 9.9 | 8.2 | 7.9 | -19.9% |
| Ireland | 6.3 | 9.4 | 10.8 | 7.2 | 4.6% |
| Germany | 4.7 | 3.4 | 5.0 | 6.2 | 9.7% |
| Australia | 26.9 | 6.7 | 12.0 | 3.8 | -47.9% |
| Turkey | N/A | N/A | 0.1 | 2.6 | 2500.0% |
| Uruguay | 1.7 | 3.2 | 2.1 | 1.7 | 0.0% |
| Others | 12.1 | 15.9 | 22.4 | 16.8 | 11.6% |
| Total | 133 | 125 | 165 | 187 | 12.0% |
Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to China in 2022:
- New Zealand (22.4K tons)
- United States (2.8K tons)
- Ireland (1.6K tons)
- Netherlands (1.3K tons)
- Germany (1.1K tons)
- Italy (0.9K tons)
- Australia (0.8K tons)
- Turkey (0.6K tons)
- Uruguay (0.4K tons)
Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in China
In 2022, overseas shipments of cheese, other than blue-veined, grated, powdered or processed decreased by -99.9% to 24 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 526% against the previous year. As a result, the exports attained the peak of 254 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of cheese, other than blue-veined, grated, powdered or processed contracted notably to $259 in 2022. In general, exports saw a sharp slump. The pace of growth was the most pronounced in 2020 when exports increased by 420%. As a result, the exports attained the peak of $1M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic People's Republic of Korea | 3.4 | N/A | N/A | 0.2 | -61.1% |
| Hong Kong SAR | 83.3 | 998 | 195 | N/A | 53.0% |
| Panama | 48.5 | 0.9 | N/A | N/A | -98.1% |
| Bahamas | 44.9 | N/A | N/A | N/A | 0% |
| Philippines | N/A | N/A | N/A | N/A | 0% |
| Others | 14.2 | 12.0 | N/A | N/A | -15.5% |
| Total | 194 | 1,011 | 195 | 0.3 | -88.4% |
Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from China in 2022:
- Democratic People's Republic of Korea (16.0 kg)
- Philippines (8.0 kg)
343
This report provides an in-depth analysis of the market for grated and blue cheese in China.
1422
This report provides an in-depth analysis of the cheese market in China.
396
This report provides an in-depth analysis of the uncured cheese market in China.
507
This report provides an in-depth analysis of the market for processed cheese (excluding grated or powdered) in China.
525
This report provides an in-depth analysis of the cheese and curd market in China.
454
This report provides an in-depth analysis of the global market for grated and blue cheese.
7139
This report provides an in-depth analysis of the global cheese market.
807
This report provides an in-depth analysis of the global uncured cheese market.
774
This report provides an in-depth analysis of the global market for processed cheese (excluding grated or powdered).
693
This report provides an in-depth analysis of the global cheese and curd market.
551
In 2020, the amount of cheese imported into China was estimated at 129K tons, picking up by 13% on 2019. In value terms, supplies rose notably from $522M to $590M. Over the past decade, the volume of cheese imported to China soared by 40%.
248
In February 2023, the cheese and curd price stayed the same at $5,647 per ton, CIF for China.
508
The global cheese market is forecast to reach a value of $123.2 billion by 2030, growing at a CAGR of around 4.2% during 2022-2030.
577
In 2019, the global cheese market increased by 2.3% to $114.1B, rising for the third year in a row after two years of...
1054
The global cheese market revenue amounted to $111.7B in 2018, going up by 3.2% against the previous year. This figure refl...
1282
In 2015, the cheese market was estimated at X thousand tons.
1971
From 2007 to 2015, the global cheese market showed an upward trend. In 2015, the cheese market was estimated at X thousand tons. In value terms, the cheese market value seesawed due to price fluctuations. It stood at X million USD, which wa
11776
Global cheese market production was estimated at X million USD in 2015, a decrease of X million USD (X%) against 2014. In physical terms, the production of cheese was estimated at X million USD in 2015, which was X million USD (X%) mo
1502
From 2007 to 2015, global cheese exports increased by +X% per year, amounting to X billion USD in 2015. In physical terms, exports on the global cheese market reached X thousand tons in 2015, an increase of X thousand tons against the pr
3457
The total value of global cheese imports in 2015 stood at X billion USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, cheese imports reached X thousand tons in 2015, an increase of X thousand ton
