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

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

The Asia-Pacific grated and blue cheese market rose notably to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2022 and is likely to see steady growth in the near future.

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

In value terms, grated and blue cheese production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Grated, Powdered and Blue-Veined Cheese

Exports in Asia-Pacific

In 2022, the amount of grated, powdered and blue-veined cheese exported in Asia-Pacific contracted to X tons, reducing by X% against the previous year. Over the period under review, exports saw a slight descent. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, grated and blue cheese exports expanded remarkably to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

New Zealand was the main exporter of grated, powdered and blue-veined cheese in Asia-Pacific, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Australia (X tons), mixing up a X% share of total exports. India (X tons) took a minor share of total exports.

New Zealand experienced a relatively flat trend pattern with regard to volume of exports of grated, powdered and blue-veined cheese. At the same time, India (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Australia (X%) illustrated a downward trend over the same period. While the share of New Zealand (X p.p.) and India (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Australia (X p.p.) displayed negative dynamics.

In value terms, New Zealand ($X) remains the largest grated and blue cheese supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Australia ($X), with a X% share of total exports.

In New Zealand, grated and blue cheese exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Australia (X% per year) and India (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while India ($X per ton) was amongst the lowest.

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

Imports of Grated, Powdered and Blue-Veined Cheese

Imports in Asia-Pacific

In 2022, grated and blue cheese imports in Asia-Pacific shrank to X tons, falling by X% against the previous year. Total imports indicated a moderate increase 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. Based on 2022 figures, imports increased by X% against 2012 indices. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2021, and then dropped slightly in the following year.

In value terms, grated and blue cheese imports rose remarkably to $X in 2022. Total imports indicated resilient growth 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, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of import peaked in 2022 and is likely to continue growth in the near future.

Imports by Country

In 2022, Japan (X tons) represented the major importer of grated, powdered and blue-veined cheese, achieving X% of total imports. Australia (X tons) held the second position in the ranking, followed by China (X tons) and South Korea (X tons). All these countries together held approx. X% share of total imports. Indonesia (X tons), Malaysia (X tons), the Philippines (X tons), Thailand (X tons), Taiwan (Chinese) (X tons), Hong Kong SAR (X tons) and Vietnam (X tons) followed a long way behind the leaders.

Imports into Japan increased at an average annual rate of X% from 2012 to 2022. At the same time, China (X%), Vietnam (X%), Thailand (X%), Indonesia (X%), South Korea (X%), Malaysia (X%), Hong Kong SAR (X%) and the Philippines (X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. Australia and Taiwan (Chinese) experienced a relatively flat trend pattern. China (X p.p.) significantly strengthened its position in terms of the total imports, while Australia and Japan saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Japan, grated and blue cheese imports expanded 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: Australia (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Australia ($X per ton) and Vietnam ($X per ton), while Japan ($X per ton) and Malaysia ($X per ton) were 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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