Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Spain - 2023
Contents:
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Spain (CIF) - 2023
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Spain (FOB) - 2023
- Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Spain
- Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Spain
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Spain (CIF) - 2023
The average import price for cheese, other than blue-veined, grated, powdered or processed stood at $5,717 per ton in October 2023, stabilizing at the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 5.9% m-o-m. The import price peaked at $6,092 per ton in December 2022; however, from January 2023 to October 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($9,457 per ton), while the price for Belgium ($4,300 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Italy (+1.6%), 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 Spain (FOB) - 2023
The average export price for cheese, other than blue-veined, grated, powdered or processed stood at $10,391 per ton in October 2023, which is down by -8.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 15% against the previous month. The export price peaked at $11,380 per ton in September 2023, and then dropped in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($19,051 per ton), while the average price for exports to Portugal ($6,422 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 (+5.8%), 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 Spain
In 2022, imports of cheese, other than blue-veined, grated, powdered or processed into Spain amounted to 174K tons, approximately mirroring the previous year. The total import volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 9.6% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of cheese, other than blue-veined, grated, powdered or processed skyrocketed to $972M in 2022. The total import value increased at an average annual rate of +9.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 201 | 198 | 213 | 271 | 10.5% |
| Germany | 150 | 135 | 143 | 208 | 11.5% |
| France | 148 | 126 | 145 | 170 | 4.7% |
| Italy | 97.7 | 87.8 | 102 | 114 | 5.3% |
| Ireland | 23.9 | 20.9 | 29.2 | 40.1 | 18.8% |
| Denmark | 27.8 | 31.0 | 33.2 | 39.2 | 12.1% |
| Belgium | 11.5 | 8.9 | 25.9 | 35.2 | 45.2% |
| Poland | 14.5 | 13.5 | 17.4 | 30.0 | 27.4% |
| Portugal | 6.1 | 6.3 | 6.6 | 17.4 | 41.8% |
| Greece | 7.4 | 8.6 | 11.4 | 16.8 | 31.4% |
| United Kingdom | 32.4 | 32.7 | 9.4 | 11.3 | -29.6% |
| Others | 16.5 | 12.3 | 15.7 | 18.1 | 3.1% |
| Total | 737 | 681 | 752 | 972 | 9.7% |
Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to Spain in 2022:
- Netherlands (53.0K tons)
- Germany (37.0K tons)
- France (28.0K tons)
- Italy (13.6K tons)
- Belgium (9.3K tons)
- Ireland (7.4K tons)
- Denmark (7.2K tons)
- Poland (5.6K tons)
- Portugal (4.3K tons)
- Greece (3.3K tons)
- United Kingdom (1.8K tons)
Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Spain
In 2022, exports of cheese, other than blue-veined, grated, powdered or processed from Spain rose modestly to 59K tons, picking up by 1.9% against the previous year. The total export volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 6.1%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of cheese, other than blue-veined, grated, powdered or processed rose significantly to $466M in 2022. The total export value increased at an average annual rate of +9.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 84.7 | 90.7 | 97.7 | 92.2 | 2.9% |
| France | 53.7 | 54.1 | 67.7 | 71.2 | 9.9% |
| Portugal | 43.4 | 38.8 | 44.4 | 63.0 | 13.2% |
| United Kingdom | 23.6 | 22.6 | 34.1 | 34.5 | 13.5% |
| Germany | 30.8 | 32.4 | 35.3 | 30.6 | -0.2% |
| Italy | 20.4 | 20.9 | 25.8 | 27.1 | 9.9% |
| Belgium | 3.8 | 4.9 | 6.0 | 11.0 | 42.5% |
| Andorra | 9.9 | 8.5 | 9.1 | 10.5 | 2.0% |
| Poland | 9.9 | 12.4 | 12.8 | 9.6 | -1.0% |
| Cuba | 5.4 | 2.9 | 3.9 | 9.2 | 19.4% |
| Netherlands | 9.0 | 12.0 | 10.9 | 8.5 | -1.9% |
| Denmark | 3.7 | 4.0 | 4.4 | 4.9 | 9.8% |
| Others | 58.5 | 71.0 | 87.3 | 93.4 | 16.9% |
| Total | 357 | 375 | 439 | 466 | 9.3% |
Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from Spain in 2022:
- France (12.0K tons)
- Portugal (11.5K tons)
- United States (8.3K tons)
- Italy (4.1K tons)
- Germany (3.3K tons)
- United Kingdom (2.8K tons)
- Cuba (1.6K tons)
- Andorra (1.6K tons)
- Belgium (1.1K tons)
- Poland (1.0K tons)
- Netherlands (0.9K tons)
- Denmark (0.5K tons)
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