Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Russia - 2022
Contents:
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Russia (CIF) - 2022
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Russia (FOB) - 2022
- Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Russia
- Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Russia
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Russia (CIF) - 2022
The average import price for cheese, other than blue-veined, grated, powdered or processed stood at $5,712 per ton in 2022, rising by 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. As a result, import price reached 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 2022, amid the top importers, the country with the highest price was Switzerland ($12,545 per ton), while the price for Kyrgyzstan ($3,119 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (+18.2%), 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 Russia (FOB) - 2022
In 2022, the average export price for cheese, other than blue-veined, grated, powdered or processed amounted to $6,179 per ton, increasing by 22% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($6,775 per ton), while the average price for exports to Kazakhstan ($6,097 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+35.2%), 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 Russia
In 2022, purchases abroad of cheese, other than blue-veined, grated, powdered or processed decreased by -93.5% to 14K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a dramatic shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 9.7% against the previous year.
In value terms, imports of cheese, other than blue-veined, grated, powdered or processed contracted markedly to $79M in 2022. Over the period under review, imports continue to indicate a significant contraction. The pace of growth was the most pronounced in 2021 when imports increased by 6.1% against the previous year. As a result, imports attained the peak of $982M, and then fell rapidly in the following year.
| Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 34.1 | 41.1 | 42.8 | 20.9 | -15.1% |
| Switzerland | 24.1 | 27.8 | 31.0 | 19.4 | -7.0% |
| Kyrgyzstan | 6.0 | 5.0 | 3.8 | 9.8 | 17.8% |
| Kazakhstan | 8.9 | 7.8 | 7.5 | 6.0 | -12.3% |
| Uruguay | 13.7 | 11.6 | 10.0 | 5.4 | -26.7% |
| Serbia | 3.5 | 2.7 | 2.3 | 3.8 | 2.8% |
| Azerbaijan | 8.4 | 5.9 | 3.7 | 3.4 | -26.0% |
| Moldova | 5.3 | 7.1 | 6.7 | 2.6 | -21.1% |
| Armenia | 3.3 | 3.1 | 2.8 | 2.0 | -15.4% |
| Belarus | 756 | 795 | 854 | N/A | 6.3% |
| Others | 24.1 | 18.4 | 16.7 | 6.1 | -36.7% |
| Total | 887 | 925 | 982 | 79.4 | -55.3% |
Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to Russia in 2022:
- Argentina (3.8K tons)
- Kyrgyzstan (3.1K tons)
- Switzerland (1.5K tons)
- Kazakhstan (1.4K tons)
- Uruguay (0.9K tons)
- Serbia (0.9K tons)
- Moldova (0.5K tons)
- Azerbaijan (0.4K tons)
- Armenia (0.4K tons)
Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Russia
After three years of growth, shipments abroad of cheese, other than blue-veined, grated, powdered or processed decreased by -7.8% to 3.8K tons in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +39.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 34%. As a result, the exports reached the peak of 4.1K tons, and then fell in the following year.
In value terms, exports of cheese, other than blue-veined, grated, powdered or processed reached $24M in 2022. In general, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 51%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.
| Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 8.9 | 10.0 | 14.2 | 20.0 | 31.0% |
| Kyrgyzstan | 0.3 | 0.5 | 0.7 | 2.0 | 88.2% |
| Uzbekistan | 0.1 | 0.1 | 0.4 | 0.6 | 81.7% |
| Belarus | 2.9 | 2.7 | 4.9 | N/A | 30.0% |
| Others | 0.6 | 0.5 | 0.8 | 0.9 | 14.5% |
| Total | 12.7 | 13.8 | 20.9 | 23.5 | 22.8% |
Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from Russia in 2022:
- Kazakhstan (3284.9 tons)
- Kyrgyzstan (307.3 tons)
- Uzbekistan (92.3 tons)
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