Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Luxembourg - 2023
Contents:
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Luxembourg (CIF) - 2023
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Luxembourg (FOB) - 2023
- Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Luxembourg
- Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Luxembourg
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Luxembourg (CIF) - 2023
In October 2023, the average import price for cheese, other than blue-veined, grated, powdered or processed amounted to $8,767 per ton, surging by 8.7% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Switzerland ($13,304 per ton), while the price for the UK stood at $8,317 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Greece (+2.6%), 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 Luxembourg (FOB) - 2023
In October 2023, the average export price for cheese, other than blue-veined, grated, powdered or processed amounted to $9,894 per ton, increasing by 10% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.8%. The most prominent rate of growth was recorded in April 2023 an increase of 19% m-o-m. The export price peaked at $9,955 per ton in May 2023; however, from June 2023 to October 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Azerbaijan ($15,558 per ton), while the average price for exports to Serbia ($7,401 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.4%), 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 Luxembourg
In 2022, approx. 40K tons of cheese, other than blue-veined, grated, powdered or processed were imported into Luxembourg; with an increase of 15% against 2021. The total import volume increased at an average annual rate of +8.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cheese, other than blue-veined, grated, powdered or processed reached $276M in 2022. The total import value increased at an average annual rate of +10.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Luxembourg (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 170 | 168 | 192 | 219 | 8.8% |
Belgium | 11.9 | 27.1 | 27.4 | 23.7 | 25.8% |
Italy | 7.0 | 5.5 | 7.8 | 9.4 | 10.3% |
Germany | 4.6 | 5.4 | 10.4 | 5.8 | 8.0% |
Greece | 0.4 | 0.2 | 0.4 | 5.3 | 136.6% |
Others | 13.2 | 8.1 | 8.3 | 12.4 | -2.1% |
Total | 207 | 214 | 247 | 276 | 10.1% |
Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to Luxembourg in 2022:
- France (32.7K tons)
- Belgium (2.9K tons)
- Italy (1.0K tons)
- Germany (0.8K tons)
- Greece (0.6K tons)
Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Luxembourg
In 2022, approx. 33K tons of cheese, other than blue-veined, grated, powdered or processed were exported from Luxembourg; with an increase of 18% compared with the previous year's figure. The total export volume increased at an average annual rate of +8.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of cheese, other than blue-veined, grated, powdered or processed soared to $243M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.6% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Luxembourg (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 114 | 114 | 127 | 185 | 17.5% |
Austria | 6.5 | 6.6 | 6.7 | 7.9 | 6.7% |
Belgium | 5.6 | 4.8 | 20.1 | 7.3 | 9.2% |
Poland | 6.6 | 6.7 | 8.3 | 6.6 | 0.0% |
Netherlands | 6.8 | 6.0 | 5.8 | 6.0 | -4.1% |
Czech Republic | 4.1 | 4.7 | 4.3 | 5.7 | 11.6% |
Romania | 1.3 | 1.8 | 3.1 | 3.3 | 36.4% |
Others | 21.3 | 22.2 | 23.0 | 21.4 | 0.2% |
Total | 166 | 166 | 198 | 243 | 13.5% |
Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from Luxembourg in 2022:
- Germany (24.1K tons)
- Belgium (1.3K tons)
- Austria (1.2K tons)
- Netherlands (1.0K tons)
- Czech Republic (1.0K tons)
- Poland (1.0K tons)
- Romania (0.5K tons)
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