Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Israel - 2023
Contents:
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Israel (CIF) - 2022
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Israel (FOB) - 2023
- Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Israel
- Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Israel
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Israel (CIF) - 2022
In 2022, the average import price for cheese, other than blue-veined, grated, powdered or processed amounted to $6,450 per ton, rising by 7.7% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 15%. The import price peaked at $7,939 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Poland ($6,450 per ton) and Turkey ($6,450 per ton), while the price for the UK ($6,450 per ton) and Italy ($6,450 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.1%), 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 Israel (FOB) - 2023
In October 2023, the average export price for cheese, other than blue-veined, grated, powdered or processed amounted to $7,568 per ton, almost unchanged from the previous month. Over the period under review, the export price, however, enjoyed a mild increase. The growth pace was the most rapid in May 2023 an increase of 16% m-o-m. The export price peaked at $7,568 per ton in August 2023; afterwards, it flattened through to October 2023.
As there is only one major export destination, the average price level is determined by prices for the United States.
From October 2022 to October 2023, the rate of growth in terms of prices for the United States amounted to +1.2% per month.
Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Israel
Imports of cheese, other than blue-veined, grated, powdered or processed into Israel contracted to 12K tons in 2022, declining by -5.8% on the previous year. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 9% against the previous year. As a result, imports attained the peak of 13K tons, and then reduced in the following year.
In value terms, imports of cheese, other than blue-veined, grated, powdered or processed stood at $77M in 2022. The total import value increased at an average annual rate of +11.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Israel (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 14.8 | 16.9 | 20.2 | 19.5 | 9.6% |
Poland | 13.0 | 16.8 | 15.7 | 15.9 | 6.9% |
Italy | 9.0 | 7.9 | 11.8 | 12.0 | 10.1% |
Spain | 2.7 | 4.8 | 7.2 | 7.2 | 38.7% |
France | 4.0 | 4.5 | 6.5 | 5.3 | 9.8% |
United Kingdom | 2.5 | 2.7 | 2.6 | 3.5 | 11.9% |
Turkey | 0.7 | 1.2 | 1.7 | 3.3 | 67.7% |
United States | 1.1 | 1.3 | 1.4 | 1.8 | 17.8% |
Lithuania | 2.5 | 3.9 | 2.4 | 1.6 | -13.8% |
Switzerland | 0.8 | 0.8 | 1.2 | 1.4 | 20.5% |
Germany | 2.6 | 0.3 | 1.8 | 0.7 | -35.4% |
Others | 2.5 | 2.6 | 3.8 | 5.1 | 26.8% |
Total | 56.2 | 63.7 | 76.3 | 77.4 | 11.3% |
Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to Israel in 2022:
- Netherlands (3028.0 tons)
- Poland (2470.7 tons)
- Italy (1865.0 tons)
- Spain (1113.3 tons)
- France (815.9 tons)
- United Kingdom (543.7 tons)
- Turkey (506.0 tons)
- United States (284.6 tons)
- Lithuania (252.5 tons)
- Switzerland (223.6 tons)
- Germany (107.4 tons)
Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Israel
In 2022, overseas shipments of cheese, other than blue-veined, grated, powdered or processed decreased by -14.6% to 894 tons, falling for the second consecutive year after two years of growth. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 0.5% against the previous year. As a result, the exports reached the peak of 1.1K 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 to $5.9M in 2022. Overall, exports continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 5.1%.
Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Israel (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 6.7 | 6.2 | 6.5 | 5.9 | -4.1% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 6.7 | 6.2 | 6.5 | 5.9 | -4.1% |
Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from Israel in 2022:
- United States (893.9 tons)
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