Asia: Market for Grated, Powdered and Blue-Veined Cheese 2024

Market Size for Grated, Powdered and Blue-Veined Cheese in Asia

The Asian grated and blue cheese market shrank modestly to $X in 2022, with a decrease of X% against the previous year. The total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Production of Grated, Powdered and Blue-Veined Cheese in Asia

In value terms, grated and blue cheese production reduced to $X in 2022 estimated in export price. Overall, production enjoyed buoyant growth. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Exports of Grated, Powdered and Blue-Veined Cheese

Exports in Asia

In 2022, approx. X tons of grated, powdered and blue-veined cheese were exported in Asia; picking up by X% on the previous year. Total exports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, grated and blue cheese exports surged to $X in 2022. Total exports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Turkey (X tons) and Cyprus (X tons) represented the major exporters of grated, powdered and blue-veined cheese in 2022, finishing at approx. X% and X% of total exports, respectively. Saudi Arabia (X tons) took the next position in the ranking, followed by the United Arab Emirates (X tons) and Iran (X tons). All these countries together held near X% share of total exports. The following exporters - India (X tons) and Jordan (X tons) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Iran (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Cyprus ($X), Turkey ($X) and Saudi Arabia ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports. The United Arab Emirates, India, Jordan and Iran lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, the United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, reducing by X% against the previous year. Export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when the export price increased by X%. The level of export peaked at $X per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (X%), while the other leaders experienced more modest paces of growth.

Imports of Grated, Powdered and Blue-Veined Cheese

Imports in Asia

In 2022, the amount of grated, powdered and blue-veined cheese imported in Asia contracted to X tons, with a decrease of X% against 2021. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X%. The volume of import peaked at X tons in 2021, and then contracted in the following year.

In value terms, grated and blue cheese imports expanded rapidly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Imports by Country

Japan was the key importing country with an import of around X tons, which reached X% of total imports. China (X tons) ranks second in terms of the total imports with a X% share, followed by Saudi Arabia (X%), the United Arab Emirates (X%) and South Korea (X%). The following importers - Iraq (X tons), Indonesia (X tons), Malaysia (X tons), Turkey (X tons), the Philippines (X tons), Kazakhstan (X tons), Jordan (X tons) and Thailand (X tons) - together made up X% of total imports.

Imports into Japan increased at an average annual rate of X% from 2012 to 2022. At the same time, China (X%), Thailand (X%), Indonesia (X%), Iraq (X%), Turkey (X%), South Korea (X%), Malaysia (X%), Kazakhstan (X%), the Philippines (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. By contrast, Jordan (X%) and Saudi Arabia (X%) illustrated a downward trend over the same period. While the share of China (X p.p.), Iraq (X p.p.), South Korea (X p.p.) and Japan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Saudi Arabia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported grated, powdered and blue-veined cheese in Asia, comprising X% of total imports. The second position in the ranking was taken by China ($X), with an X% share of total imports. It was followed by South Korea, with a X% share.

In Japan, grated and blue cheese imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: China (X% per year) and South Korea (X% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Jordan ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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