Canada - Grated, Powdered and Blue-Veined Cheese - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Canada - Grated, Powdered and Blue-Veined Cheese - Market Analysis, Forecast, Size, Trends And Insights

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Price for Grated and Blue Cheese in Canada - 2023

Contents:

  1. Price for Grated and Blue Cheese in Canada (CIF) - 2023
  2. Price for Grated and Blue Cheese in Canada (FOB) - 2023
  3. Imports of Grated and Blue Cheese in Canada
  4. Exports of Grated and Blue Cheese in Canada

Price for Grated and Blue Cheese in Canada (CIF) - 2023

In September 2023, the average grated and blue cheese import price amounted to $9,050 per ton, approximately mirroring the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 14% against the previous month. As a result, import price attained the peak level of $9,635 per ton. From May 2023 to September 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Switzerland ($12,911 per ton), while the price for New Zealand ($4,872 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Australia (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Grated and Blue Cheese in Canada (FOB) - 2023

The average grated and blue cheese export price stood at $10,210 per ton in September 2023, which is down by -3.2% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.9%. The pace of growth was the most pronounced in November 2022 when the average export price increased by 26% m-o-m. Over the period under review, the average export prices attained the maximum at $10,546 per ton in August 2023, and then shrank modestly in the following month.

There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was the United States ($10,616 per ton), while the average price for exports to Kuwait ($4,181 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Grated and Blue Cheese in Canada

For the fourth consecutive year, Canada recorded growth in purchases abroad of grated, powdered and blue-veined cheese, which increased by 7.7% to 46K tons in 2022. The total import volume increased at an average annual rate of +12.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, grated and blue cheese imports rose significantly to $404M in 2022. The total import value increased at an average annual rate of +11.2% 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 imports increased by 18%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Grated and Blue Cheese in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy70.173.691.610514.4%
United States45.956.171.679.219.9%
France57.860.755.250.7-4.3%
Switzerland24.123.128.529.36.7%
Netherlands12.915.022.627.228.2%
United Kingdom17.316.622.222.49.0%
Denmark14.613.814.813.9-1.6%
Germany8.69.011.713.014.8%
Ireland11.010.911.911.41.2%
Australia4.95.510.211.332.1%
Greece6.37.49.49.815.9%
New Zealand2.73.95.39.652.6%
Others17.822.521.321.76.8%
Total29431837640411.2%

Top Suppliers of Grated and Blue Cheese to Canada in 2022:

  1. United States (11.5K tons)
  2. Italy (8.8K tons)
  3. France (6.0K tons)
  4. Netherlands (3.4K tons)
  5. Switzerland (2.5K tons)
  6. United Kingdom (2.2K tons)
  7. Australia (2.0K tons)
  8. Germany (1.9K tons)
  9. New Zealand (1.6K tons)
  10. Ireland (1.5K tons)
  11. Denmark (1.3K tons)
  12. Greece (1.2K tons)

Exports of Grated and Blue Cheese in Canada

In 2022, shipments abroad of grated, powdered and blue-veined cheese was finally on the rise to reach 6.5K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a abrupt decline.

In value terms, grated and blue cheese exports soared to $56M in 2022. The total export value increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Grated and Blue Cheese in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States36.737.441.549.910.8%
Saudi Arabia5.03.23.72.2-23.9%
United Arab Emirates0.20.10.11.281.7%
Kuwait0.50.41.20.921.6%
Japan1.31.3N/AN/A0.0%
Tunisia1.70.8N/AN/A-52.9%
Bahamas2.12.6N/AN/A23.8%
Philippines1.91.7N/AN/A-10.5%
Egypt0.92.2N/AN/A144.4%
Others3.82.11.62.1-17.9%
Total54.251.948.156.41.3%

Top Export Markets for Grated and Blue Cheese from Canada in 2022:

  1. United States (5.3K tons)
  2. Saudi Arabia (0.4K tons)
  3. United Arab Emirates (0.2K tons)
  4. Kuwait (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for grated and blue cheese in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 10514050 - Grated, powdered, blue-veined and other non-processed cheese (excluding fresh cheese, whey cheese and curd)

Country coverage:

  • Canada

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Canada
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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