Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Switzerland - 2023
Contents:
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Switzerland (FOB) - 2023
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Switzerland (CIF) - 2023
- Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Switzerland
- Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Switzerland
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Switzerland (FOB) - 2023
The average export price for cheese, other than blue-veined, grated, powdered or processed stood at $12,785 per ton in December 2023, falling by -2.6% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2023 when the average export price increased by 5.8% month-to-month. As a result, the export price attained the peak level of $13,127 per ton, and then shrank slightly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($17,613 per ton), while the average price for exports to Italy ($7,040 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Switzerland (CIF) - 2023
In December 2023, the average import price for cheese, other than blue-veined, grated, powdered or processed amounted to $9,906 per ton, rising by 1.6% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 3.6% m-o-m. The import price peaked at $9,910 per ton in April 2023; afterwards, it flattened through to December 2023.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Italy ($12,861 per ton), while the price for Denmark ($5,542 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Greece (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Switzerland
After three years of growth, shipments abroad of cheese, other than blue-veined, grated, powdered or processed decreased by -7.2% to 57K tons in 2022. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 5.7% against the previous year. As a result, the exports attained the peak of 62K tons, and then dropped in the following year.
In value terms, exports of cheese, other than blue-veined, grated, powdered or processed dropped to $660M in 2022. The total export value increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 12% against the previous year. As a result, the exports attained the peak of $718M, and then contracted in the following year.
| Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 231 | 261 | 273 | 244 | 1.8% |
| United States | 87.4 | 98.7 | 113 | 115 | 9.6% |
| Italy | 64.2 | 67.0 | 72.9 | 76.2 | 5.9% |
| France | 58.0 | 63.7 | 80.0 | 73.3 | 8.1% |
| Canada | 22.4 | 23.2 | 26.3 | 27.0 | 6.4% |
| Austria | 18.9 | 20.9 | 31.0 | 25.1 | 9.9% |
| Russia | 24.1 | 27.7 | 31.0 | 19.4 | -7.0% |
| Netherlands | 20.1 | 25.7 | 29.4 | 19.3 | -1.3% |
| Others | 52.4 | 53.7 | 62.0 | 61.0 | 5.2% |
| Total | 578 | 642 | 718 | 660 | 4.5% |
Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from Switzerland in 2022:
- Germany (20.3K tons)
- Italy (10.1K tons)
- United States (8.5K tons)
- France (5.7K tons)
- Austria (3.4K tons)
- Canada (1.7K tons)
- Netherlands (1.6K tons)
- Russia (1.5K tons)
Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Switzerland
After three years of growth, overseas purchases of cheese, other than blue-veined, grated, powdered or processed decreased by -5.3% to 29K tons in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 50% against the previous year.
In value terms, imports of cheese, other than blue-veined, grated, powdered or processed contracted to $251M in 2022. The total import value increased at an average annual rate of +5.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 14% against the previous year.
| Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 73.7 | 79.2 | 84.1 | 75.3 | 0.7% |
| Italy | 58.7 | 68.2 | 76.1 | 70.5 | 6.3% |
| Germany | 35.8 | 42.9 | 43.2 | 43.4 | 6.6% |
| Netherlands | 14.6 | 15.7 | 17.6 | 15.0 | 0.9% |
| Greece | 9.5 | 10.4 | 11.6 | 13.8 | 13.3% |
| United Kingdom | 3.6 | 6.4 | 7.4 | 8.3 | 32.1% |
| Belgium | 3.0 | 3.0 | 3.5 | 4.3 | 12.7% |
| Austria | 5.0 | 4.9 | 5.1 | 3.3 | -12.9% |
| Others | 11.2 | 14.4 | 17.3 | 17.3 | 15.6% |
| Total | 215 | 245 | 266 | 251 | 5.3% |
Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to Switzerland in 2022:
- France (7.7K tons)
- Germany (6.7K tons)
- Italy (6.2K tons)
- Netherlands (2.4K tons)
- Greece (1.6K tons)
- United Kingdom (1.1K tons)
- Belgium (0.8K tons)
- Austria (0.5K tons)
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