United Kingdom - Processed Cheese (Excluding Grated Or Powdered) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

United Kingdom - Processed Cheese (Excluding Grated Or Powdered) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Processed Cheese (Excluding Grated or Powdered) in the UK - 2023

Contents:

  1. Price for Processed Cheese (Excluding Grated or Powdered) in the UK (CIF) - 2023
  2. Price for Processed Cheese (Excluding Grated or Powdered) in the UK (FOB) - 2023
  3. Imports of Processed Cheese (Excluding Grated or Powdered) in the UK
  4. Exports of Processed Cheese (Excluding Grated or Powdered) in the UK

Price for Processed Cheese (Excluding Grated or Powdered) in the UK (CIF) - 2023

The average import price for processed cheese (excluding grated or powdered) stood at $6,087 per ton in November 2023, rising by 4.8% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 5.3% m-o-m. Over the period under review, average import prices hit record highs at $6,683 per ton in February 2023; however, from March 2023 to November 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Austria ($8,119 per ton), while the price for Ireland ($3,733 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Poland (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Processed Cheese (Excluding Grated or Powdered) in the UK (FOB) - 2023

In November 2023, the average export price for processed cheese (excluding grated or powdered) amounted to $4,745 per ton, with an increase of 5% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 12% against the previous month. The export price peaked at $5,610 per ton in February 2023; however, from March 2023 to November 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was the Netherlands ($14,574 per ton), while the average price for exports to Belgium ($4,086 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Processed Cheese (Excluding Grated or Powdered) in the UK

In 2022, the amount of processed cheese (excluding grated or powdered) imported into the UK dropped to 41K tons, reducing by -8.1% compared with 2021. Overall, imports continue to indicate a perceptible shrinkage. The smallest decline of -0.6% was in 2020.

In value terms, imports of processed cheese (excluding grated or powdered) declined to $233M in 2022. In general, imports saw a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 2.9% against the previous year. As a result, imports attained the peak of $284M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Processed Cheese (Excluding Grated or Powdered) in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium56.855.572.470.47.4%
France39.440.540.436.9-2.2%
Germany24.123.121.131.99.8%
Poland19.522.324.928.413.4%
Austria12.014.112.425.428.4%
Netherlands31.933.48.318.0-17.4%
Ireland77.782.270.79.3-50.7%
Italy6.46.07.20.3-63.9%
Others8.57.09.212.814.6%
Total276284267233-5.5%

Top Suppliers of Processed Cheese (Excluding Grated or Powdered) to the UK in 2022:

  1. Belgium (14.0K tons)
  2. France (6.6K tons)
  3. Germany (6.5K tons)
  4. Poland (4.2K tons)
  5. Netherlands (3.0K tons)
  6. Austria (2.4K tons)
  7. Ireland (1.8K tons)

Exports of Processed Cheese (Excluding Grated or Powdered) in the UK

In 2022, exports of processed cheese (excluding grated or powdered) from the UK rose rapidly to 9.1K tons, surging by 13% against the year before. Over the period under review, exports, however, continue to indicate a deep slump.

In value terms, exports of processed cheese (excluding grated or powdered) reduced slightly to $40M in 2022. Overall, exports, however, faced a abrupt decrease. The growth pace was the most rapid in 2020 when exports increased by 5%. As a result, the exports reached the peak of $63M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Processed Cheese (Excluding Grated or Powdered) in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium3.24.16.23.53.0%
Ireland11.817.913.33.1-36.0%
France16.216.57.90.9-61.8%
United StatesN/A0.21.20.787.1%
Cyprus0.20.2N/A0.751.8%
United Arab Emirates0.30.30.30.30.0%
Saint Vincent and the Grenadines0.20.20.20.314.5%
Spain8.26.37.30.1-77.0%
China6.20.2N/AN/A-96.8%
Sweden1.91.71.0N/A-27.5%
Malaysia4.43.50.8N/A-57.4%
Others8.012.32.730.556.2%
Total60.463.441.040.2-12.7%

Top Export Markets for Processed Cheese (Excluding Grated or Powdered) from the UK in 2022:

  1. Belgium (669.0 tons)
  2. Ireland (474.0 tons)
  3. France (197.2 tons)
  4. United States (100.4 tons)
  5. Cyprus (84.0 tons)
  6. Saint Vincent and the Grenadines (57.9 tons)
  7. United Arab Emirates (38.8 tons)
  8. Spain (24.5 tons)
  9. Malaysia (10.1 tons)
  10. Sweden (1.2 tons)
  11. China (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for processed cheese (excluding grated or powdered) in the UK. 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 10514070 - Processed cheese (excluding grated or powdered)

Country coverage:

  • United Kingdom

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the UK
  • 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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