Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Uruguay - 2022
Contents:
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Uruguay (FOB) - 2022
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Uruguay (CIF) - 2022
- Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Uruguay
- Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Uruguay
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Uruguay (FOB) - 2022
In 2022, the average export price for cheese, other than blue-veined, grated, powdered or processed amounted to $4,847 per ton, rising by 8.8% against the previous year. Over the period under review, the export price, however, showed a slight contraction. The growth pace was the most rapid in 2020 an increase of 12%. The export price peaked at $5,773 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Russia ($6,139 per ton) and Brazil ($5,422 per ton), while the average price for exports to the Philippines ($4,154 per ton) and Chile ($4,494 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+0.2%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Uruguay (CIF) - 2022
In 2022, the average import price for cheese, other than blue-veined, grated, powdered or processed amounted to $4,577 per ton, growing by 20% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. 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 Argentina ($4,575 per ton), while the price for Denmark ($2,873 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+2.8%), 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 Uruguay
In 2022, exports of cheese, other than blue-veined, grated, powdered or processed from Uruguay declined to 13K tons, dropping by -8.3% on 2021. In general, exports recorded a pronounced slump. The growth pace was the most rapid in 2021 when exports increased by 60%.
In value terms, exports of cheese, other than blue-veined, grated, powdered or processed contracted modestly to $61M in 2022. Over the period under review, exports saw a perceptible slump. The most prominent rate of growth was recorded in 2021 with an increase of 35%.
| Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 24.4 | 12.5 | 24.1 | 21.4 | -4.3% |
| Brazil | 9.7 | 11.3 | 9.2 | 12.8 | 9.7% |
| Peru | 3.4 | 2.5 | 5.3 | 6.0 | 20.8% |
| Russia | 13.7 | 8.3 | 10.0 | 5.4 | -26.7% |
| United States | 3.8 | 3.3 | 1.9 | 3.5 | -2.7% |
| Chile | 0.6 | 0.4 | 0.3 | 2.4 | 58.7% |
| Philippines | 2.3 | 1.0 | 3.1 | 2.4 | 1.4% |
| Cuba | 2.5 | 1.2 | 1.4 | 0.2 | -56.9% |
| Others | 5.6 | 4.7 | 5.9 | 7.0 | 7.7% |
| Total | 66.1 | 45.3 | 61.1 | 61.0 | -2.6% |
Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from Uruguay in 2022:
- Mexico (4.6K tons)
- Brazil (2.4K tons)
- Peru (1.3K tons)
- Russia (0.9K tons)
- United States (0.7K tons)
- Philippines (0.6K tons)
- Chile (0.5K tons)
Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Uruguay
In 2022, approx. 2.5K tons of cheese, other than blue-veined, grated, powdered or processed were imported into Uruguay; approximately mirroring the previous year. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +7.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -18.9% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 55%. As a result, imports attained the peak of 3.1K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of cheese, other than blue-veined, grated, powdered or processed surged to $11M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.5% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 49%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 3.9 | 7.1 | 7.4 | 9.9 | 36.4% |
| New Zealand | 0.2 | N/A | N/A | 0.8 | 58.7% |
| Denmark | 0.3 | 0.4 | 0.3 | 0.2 | -12.6% |
| Netherlands | 1.7 | 2.2 | 1.5 | N/A | -6.1% |
| Others | 0.9 | 0.7 | 0.3 | 0.5 | -17.8% |
| Total | 7.0 | 10.5 | 9.5 | 11.4 | 17.7% |
Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to Uruguay in 2022:
- Argentina (2154.8 tons)
- New Zealand (209.4 tons)
- Denmark (81.3 tons)
- Netherlands (6.5 tons)
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