Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Peru - 2022

Contents:

  1. Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Peru (CIF) - 2022
  2. Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Peru (FOB) - 2022
  3. Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Peru
  4. Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Peru

Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Peru (CIF) - 2022

The average import price for cheese, other than blue-veined, grated, powdered or processed stood at $5,778 per ton in 2022, rising by 23% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $6,625 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($11,332 per ton), while the price for Argentina ($5,124 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+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 Peru (FOB) - 2022

The average export price for cheese, other than blue-veined, grated, powdered or processed stood at $3,000 per ton in 2022, increasing by 31% against the previous year. Over the period under review, the export price, however, saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2015 when the average export price increased by 49% against the previous year. As a result, the export price attained the peak level of $6,489 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to -14.2% per year.

Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Peru

In 2022, the amount of cheese, other than blue-veined, grated, powdered or processed imported into Peru totaled 5.8K tons, leveling off at 2021 figures. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 48%. Imports peaked 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 skyrocketed to $34M in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 45%. Over the period under review, imports of reached 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 Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina2.73.26.48.747.7%
Germany2.02.63.47.253.3%
Uruguay2.12.14.25.941.1%
MexicoN/AN/AN/A3.10%
Netherlands1.41.92.22.927.5%
Italy1.00.91.01.821.6%
Chile0.90.50.61.03.6%
France1.00.70.60.8-7.2%
Others6.66.98.82.2-30.7%
Total17.618.727.133.624.1%

Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to Peru in 2022:

  1. Argentina (1700.0 tons)
  2. Germany (1318.7 tons)
  3. Uruguay (1141.4 tons)
  4. Netherlands (507.5 tons)
  5. Mexico (457.4 tons)
  6. Italy (186.3 tons)
  7. Chile (180.7 tons)
  8. France (68.4 tons)

Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Peru

In 2022, overseas shipments of cheese, other than blue-veined, grated, powdered or processed decreased by 99.9% to 1 kg, falling for the second year in a row after two years of growth. Over the period under review, exports faced a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 202%. As a result, the exports attained the peak of 27 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 shrank markedly to $3 in 2022. Overall, exports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 93% against the previous year. As a result, the exports reached the peak of $56K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile0.81.24.2N/A129.1%
Aruba2.74.820.0N/A172.2%
Mauritius1.21.75.7N/A117.9%
Kuwait6.7N/AN/AN/A0%
CubaN/AN/AN/AN/A0%
Others17.447.90.8N/A-78.6%
Total28.955.730.8N/A3.2%

Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from Peru in 2022:

  1. Cuba (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Dairy produce; cheese (not grated, powdered or processed), n.e.s. in heading no. 0406 - Peru