Bhutan: Cheese Market 2020

Cheese Market Size in Bhutan

The revenue of the cheese market in Bhutan amounted to $X in 2018, surging by X% against the previous year. In general, cheese consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the market value increased by X% year-to-year. Over the period under review, the cheese market reached its peak figure level at $X in 2012; however, from 2013 to 2018, consumption remained at a lower figure.

Cheese Production in Bhutan

In value terms, cheese production stood at $X in 2018 estimated in export prices. Over the period under review, cheese production continues to indicate a mild contraction. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. In that year, cheese production reached its peak level of $X. From 2009 to 2018, cheese production growth failed to regain its momentum.

Cheese Exports

Exports from Bhutan

In 2018, the amount of cheese exported from Bhutan stood at X kg, going up by X% against the previous year. Overall, cheese exports, however, continue to indicate a dramatic reduction. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, cheese exports attained their maximum at X tons in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, cheese exports stood at $X in 2018. Over the period under review, cheese exports, however, continue to indicate moderate growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% year-to-year. In that year, cheese exports attained their peak of $X. From 2017 to 2018, the growth of cheese exports remained at a somewhat lower figure.

Exports by Country

In 2018, Germany (X tons), the Netherlands (X tons) and France (X tons) represented the largest exporters of cheese in the world, generating X% of total export. Italy (X tons) held 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 the U.S., while the other leaders experienced more modest paces of growth.

In value terms, the largest cheese markets from Bhutan were Germany ($X), the Netherlands ($X) and France ($X), with a combined X% share of total exports. These countries were followed by Italy, Denmark, the U.S., New Zealand, Belgium, Ireland, Poland, the UK, Belarus and Bhutan, which together accounted for 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 Bhutan stood at $X per ton in 2018, lowering by -X% against the previous year. In general, the cheese export price, however, continues to indicate a skyrocketing increase. The pace of growth was the most pronounced in 2012 an increase of X% year-to-year. Over the period under review, the export prices for cheese reached their peak figure at $X per ton in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of origin; 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 Bhutan

In 2018, approx. X tons of cheese were imported into Bhutan; rising by X% against the previous year. Over the period under review, cheese imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X% year-to-year. Over the period under review, cheese imports attained their maximum at X tons in 2012; however, from 2013 to 2018, imports failed to regain their momentum.

In value terms, cheese imports stood at $X in 2018. In general, cheese imports continue to indicate notable growth. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, cheese imports reached their maximum at $X in 2012; however, from 2013 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) represented the key importers of cheese, together committing 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) took a little share of total imports.

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, Germany ($X), the UK ($X) and Italy ($X) constituted the countries with the highest levels of imports in 2018, with a combined X% share of total imports. France, Belgium, the Netherlands, Japan, Spain, the U.S., Russia, Saudi Arabia, Greece and Bhutan lagged somewhat behind, together comprising a further X Netherlands experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the cheese import price in Bhutan amounted to $X per ton, dropping by -X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011 an increase of X% against the previous year. Over the period under review, the import prices for cheese reached their peak figure at $X per ton in 2017, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2018, 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