Armenia: Cheese Market 2020

Cheese Market Size in Armenia

The revenue of the cheese market in Armenia amounted to $X in 2018, jumping by X% against the previous year. Overall, cheese consumption continues to indicate a slight drop. The pace of growth appeared the most rapid in 2018 when the market value increased by X% year-to-year. Armenia cheese consumption peaked at $X in 2011; however, from 2012 to 2018, consumption failed to regain its momentum.

Cheese Production in Armenia

In value terms, cheese production totaled $X in 2018 estimated in export prices. In general, cheese production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Armenia cheese production peaked at $X in 2011; however, from 2012 to 2018, production failed to regain its momentum.

Cheese Exports

Exports from Armenia

In 2018, the exports of cheese from Armenia totaled X tons, dropping by -X% against the previous year. Over the period under review, cheese exports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2015 when exports increased by X% y-o-y. Armenia exports peaked at X tons in 2017, and then declined slightly in the following year.

In value terms, cheese exports totaled $X in 2018. Over the period under review, cheese exports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Armenia exports peaked at $X in 2016; however, from 2017 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, Germany (X tons), the Netherlands (X tons) and France (X tons) were the main exporters of cheese in the world, mixing up X% of total export. Italy (X tons) occupied a X% share (based on tons) of total exports, which put it in second place, followed by Denmark (X%), the U.S. (X%) and New Zealand (X%). Poland (X tons), Belgium (X tons), Ireland (X tons), Belarus (X tons) and the UK (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Armenia, while the other leaders experienced more modest paces of growth.

In value terms, the largest cheese markets from Armenia were Germany ($X), the Netherlands ($X) and France ($X), with a combined X% share of total exports. Italy, Denmark, the U.S., New Zealand, Belgium, Ireland, Poland, the UK, Belarus and Armenia lagged somewhat behind, together comprising a further X the main exporting countries, the U.S. experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The cheese export price in Armenia stood at $X per ton in 2018, increasing by X% against the previous year. Over the period under review, the cheese export price, however, continues to indicate a mild descent. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. Over the period under review, the export prices for cheese reached their peak figure at $X per ton in 2011; however, from 2012 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Italy ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by New Zealand, while the other leaders experienced more modest paces of growth.

Cheese Imports

Imports into Armenia

In 2018, the amount of cheese imported into Armenia totaled X tons, dropping by -X% against the previous year. Over the period under review, the total imports indicated a notable increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cheese imports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. Armenia imports peaked at X tons in 2017, and then declined slightly in the following year.

In value terms, cheese imports stood at $X in 2018. In general, the total imports indicated a remarkable expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cheese imports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2011 when imports increased by X% against the previous year. Over the period under review, cheese imports attained their maximum at $X in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Germany (X tons), followed by Italy (X tons), the UK (X tons), France (X tons), the Netherlands (X tons) and Belgium (X tons) were the largest importers of cheese, together achieving X% of total imports. Japan (X tons), Spain (X tons), Russia (X tons), the U.S. (X tons), Saudi Arabia (X tons) and Greece (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

In value terms, the largest cheese importing markets into Armenia were Germany ($X), the UK ($X) and Italy ($X), together accounting for X% of total imports. France, Belgium, the Netherlands, Japan, Spain, the U.S., Russia, Saudi Arabia, Greece and Armenia lagged somewhat behind, together comprising a further X Netherlands recorded the highest growth rate of imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The cheese import price in Armenia stood at $X per ton in 2018, picking up by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. In that year, the import prices for cheese reached their peak level of $X per ton. From 2009 to 2018, the growth in terms of the import prices for cheese remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform