Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Turkey - 2023
Contents:
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Turkey (FOB) - 2023
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Turkey (CIF) - 2023
- Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Turkey
- Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Turkey
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Turkey (FOB) - 2023
The average export price for cheese, other than blue-veined, grated, powdered or processed stood at $5,907 per ton in December 2023, with a decrease of -2.9% against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2023 an increase of 13% month-to-month. Over the period under review, the average export prices reached the maximum at $6,633 per ton in March 2023; however, from April 2023 to December 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($7,840 per ton), while the average price for exports to Georgia ($4,519 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 Israel (+1.3%), 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 Turkey (CIF) - 2023
In December 2023, the average import price for cheese, other than blue-veined, grated, powdered or processed amounted to $7,151 per ton, with an increase of 4.2% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in November 2023 when the average import price increased by 25% against the previous month. Over the period under review, average import prices hit record highs at $7,494 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($10,783 per ton), while the price for Ireland ($4,652 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 Australia (+9.6%), 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 Turkey
In 2022, approx. 16K tons of cheese, other than blue-veined, grated, powdered or processed were exported from Turkey; growing by 16% against the year before. The total export volume increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of cheese, other than blue-veined, grated, powdered or processed surged to $80M in 2022. The total export value increased at an average annual rate of +13.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 17.7 | 17.9 | 21.6 | 23.4 | 9.8% |
| United States | 2.4 | 3.7 | 5.0 | 8.7 | 53.6% |
| Germany | 2.5 | 5.3 | 6.3 | 7.5 | 44.2% |
| United Arab Emirates | 4.5 | 4.5 | 6.4 | 6.6 | 13.6% |
| Cyprus | 4.5 | 2.9 | 3.3 | 4.8 | 2.2% |
| Kuwait | 4.1 | 4.8 | 4.1 | 4.1 | 0.0% |
| Qatar | 2.2 | 4.3 | 3.3 | 4.0 | 22.1% |
| Jordan | 1.1 | 1.5 | 1.9 | 2.2 | 26.0% |
| Bahrain | 0.4 | 0.5 | 0.9 | 2.0 | 71.0% |
| Israel | 0.8 | 1.3 | 2.2 | 1.7 | 28.6% |
| Azerbaijan | 0.8 | 1.0 | 1.5 | 1.7 | 28.6% |
| Lebanon | 1.5 | 0.3 | 0.5 | 1.4 | -2.3% |
| Oman | 0.2 | 0.4 | 0.5 | 0.8 | 58.7% |
| Others | 12.6 | 10.4 | 6.0 | 11.7 | -2.4% |
| Total | 55.5 | 58.7 | 63.5 | 80.5 | 13.2% |
Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from Turkey in 2022:
- Iraq (4.7K tons)
- United Arab Emirates (1.4K tons)
- United States (1.2K tons)
- Cyprus (1.2K tons)
- Germany (1.0K tons)
- Kuwait (0.9K tons)
- Qatar (0.8K tons)
- Jordan (0.5K tons)
- Bahrain (0.4K tons)
- Israel (0.4K tons)
- Oman (0.4K tons)
- Lebanon (0.3K tons)
- Azerbaijan (0.3K tons)
Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Turkey
In 2022, imports of cheese, other than blue-veined, grated, powdered or processed into Turkey soared to 7.8K tons, picking up by 22% against the previous year's figure. In general, imports, however, saw a relatively flat trend pattern.
In value terms, imports of cheese, other than blue-veined, grated, powdered or processed soared to $43M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +8.2% over the last three years. The trend pattern, however, indicated some 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 Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 11.3 | 13.2 | 14.5 | 17.1 | 14.8% |
| Ireland | 6.6 | 2.7 | 2.8 | 6.1 | -2.6% |
| Italy | 5.0 | 2.7 | 2.2 | 5.9 | 5.7% |
| Poland | 0.2 | 0.5 | 0.2 | 2.2 | 122.4% |
| Germany | 1.0 | 1.0 | 0.7 | 2.1 | 28.1% |
| Netherlands | 1.4 | 0.6 | 1.0 | 1.8 | 8.7% |
| Czech Republic | 0.1 | 0.8 | 0.9 | 1.7 | 157.1% |
| United States | 1.2 | 2.4 | 1.2 | 1.6 | 10.1% |
| United Kingdom | 3.3 | 2.8 | 0.5 | 1.6 | -21.4% |
| Belgium | N/A | N/A | N/A | 0.9 | 0% |
| Iceland | 0.9 | 1.6 | 0.6 | N/A | -18.4% |
| Others | 2.7 | 1.5 | 0.8 | 1.9 | -11.1% |
| Total | 33.8 | 29.8 | 25.3 | 42.9 | 8.3% |
Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to Turkey in 2022:
- Cyprus (3713.5 tons)
- Ireland (1070.8 tons)
- United States (773.1 tons)
- Italy (531.8 tons)
- Poland (308.8 tons)
- United Kingdom (286.8 tons)
- Germany (273.9 tons)
- Netherlands (241.0 tons)
- Czech Republic (190.5 tons)
- Belgium (166.5 tons)
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