Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Slovenia - 2023

Contents:

  1. Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Slovenia (CIF) - 2023
  2. Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Slovenia (FOB) - 2023
  3. Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Slovenia
  4. Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Slovenia

Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Slovenia (CIF) - 2023

In October 2023, the average import price for cheese, other than blue-veined, grated, powdered or processed amounted to $4,825 per ton, declining by -21.5% against the previous month. Overall, the import price continues to indicate a mild decrease. The pace of growth was the most pronounced in November 2022 when the average import price increased by 8% m-o-m. The import price peaked at $6,723 per ton in December 2022; however, from January 2023 to October 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Bosnia and Herzegovina ($6,262 per ton), while the price for Serbia totaled $4,523 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Denmark (+3.1%), 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 Slovenia (FOB) - 2023

In October 2023, the average export price for cheese, other than blue-veined, grated, powdered or processed amounted to $6,128 per ton, surging by 3.5% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average export price increased by 9.3% against the previous month. The export price peaked at $7,039 per ton in December 2022; however, from January 2023 to October 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Serbia ($9,998 per ton), while the average price for exports to Montenegro ($5,093 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 Kosovo (+1.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 16K tons of cheese, other than blue-veined, grated, powdered or processed were imported into Slovenia; shrinking by -8.5% compared with 2021 figures. Overall, imports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 3.5%.

In value terms, imports of cheese, other than blue-veined, grated, powdered or processed reached $96M in 2022. The total import value increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany32.428.431.538.15.6%
Italy10.717.218.018.520.0%
Croatia9.711.812.812.48.5%
Netherlands13.47.87.27.7-16.9%
Austria4.67.59.27.718.7%
Poland1.41.81.73.130.3%
Belgium0.81.11.62.240.1%
Others6.64.35.05.9-3.7%
Total79.580.087.195.76.4%

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

  1. Germany (6.9K tons)
  2. Italy (2.6K tons)
  3. Croatia (2.1K tons)
  4. Netherlands (1.4K tons)
  5. Austria (1.2K tons)
  6. Poland (0.6K tons)
  7. Belgium (0.4K tons)

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

In 2022, approx. 3.8K tons of cheese, other than blue-veined, grated, powdered or processed were exported from Slovenia; waning by -25.7% against the year before. Overall, exports saw a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 18% against the previous year.

In value terms, exports of cheese, other than blue-veined, grated, powdered or processed stood at $24M in 2022. The total export value increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 20% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Croatia9.29.811.610.23.5%
Bosnia and Herzegovina5.25.36.17.110.9%
North Macedonia2.31.92.32.30.0%
Austria0.10.40.81.0115.4%
Serbia0.80.30.60.80.0%
Montenegro1.10.70.80.8-10.1%
ThailandN/A0.20.20.673.2%
KosovoN/A0.20.30.558.1%
Others0.90.80.81.210.1%
Total19.519.723.624.57.9%

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

  1. Croatia (1330.6 tons)
  2. Bosnia and Herzegovina (1274.0 tons)
  3. North Macedonia (408.2 tons)
  4. Austria (171.2 tons)
  5. Montenegro (145.8 tons)
  6. Serbia (110.0 tons)
  7. Kosovo (67.2 tons)
  8. Thailand (61.8 tons)

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 - Slovenia