Brazil: Cheese And Curd Market Overview 2021

Cheese And Curd Market Size in Brazil

The Brazilian cheese and curd market shrank to $X in 2019, remaining constant against the previous year. Over the period under review, consumption, however, continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Cheese and curd consumption peaked at $X in 2016; however, from 2017 to 2019, consumption stood at a somewhat lower figure.

Cheese And Curd Production in Brazil

In value terms, cheese and curd production reached $X in 2019 estimated in export prices. Overall, the total production indicated a remarkable increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. As a result, production reached the peak level of $X. From 2015 to 2019, production growth remained at a lower figure.

Cheese And Curd Exports

Exports from Brazil

After two years of growth, shipments abroad of cheese and curd decreased by -X% to X tonnes in 2019. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

In value terms, cheese and curd exports contracted to $X in 2019. Overall, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. As a result, exports reached the peak of $X. From 2009 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Chile (X tonnes), Russia (X tonnes) and Paraguay (X tonnes) were the main destinations of cheese and curd exports from Brazil, together comprising X% of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia, while exports for the other leaders experienced mixed trend patterns.

In value terms, Russia ($X), Chile ($X) and the U.S. ($X) were the largest markets for cheese and curd exported from Brazil worldwide, together accounting for X% of total exports.

Russia recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2019, the average cheese and curd export price amounted to $X per tonne, remaining constant against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. Over the period under review, average export prices hit record highs at $X per tonne in 2014; however, from 2015 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Taiwan (Chinese) ($X per tonne), while the average price for exports to Uruguay ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese), while the prices for the other major destinations experienced more modest paces of growth.

Cheese And Curd Imports

Imports into Brazil

For the third consecutive year, Brazil recorded decline in supplies from abroad of cheese and curd, which decreased by -X% to X tonnes in 2019. Over the period under review, imports, however, showed a buoyant increase. The growth pace was the most rapid in 2016 when imports increased by X% y-o-y. As a result, imports attained the peak of X tonnes. From 2017 to 2019, the growth imports failed to regain the momentum.

In value terms, cheese and curd imports fell to $X in 2019. Overall, imports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. As a result, imports attained the peak of $X. From 2012 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2019, Argentina (X tonnes) constituted the largest cheese and curd supplier to Brazil, accounting for a X% share of total imports. Moreover, cheese and curd imports from Argentina exceeded the figures recorded by the second-largest supplier, Uruguay (X tonnes), threefold. France (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Argentina amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uruguay (+X% per year) and France (+X% per year).

In value terms, Argentina ($X) constituted the largest supplier of cheese and curd to Brazil, comprising X% of total imports. The second position in the ranking was occupied by Uruguay ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from Argentina totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uruguay (+X% per year) and France (+X% per year).

Import Prices by Country

In 2019, the average cheese and curd import price amounted to $X per tonne, reducing by -X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the peak figure at $X per tonne in 2012; however, from 2013 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per tonne), while the price for Uruguay ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cheese and curd in the world?

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The country with the largest volume of cheese and curd consumption was the U.S. (6.3M tonnes), accounting for 26% of total volume. Moreover, cheese and curd consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Germany (2.1M tonnes), threefold. France (1.4M tonnes) ranked third in terms of total consumption with a 5.9% share.

What are the largest producers of cheese and curd in the world?

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The U.S. (6.5M tonnes) remains the largest cheese and curd producing country worldwide, accounting for 27% of total volume. Moreover, cheese and curd production in the U.S. exceeded the figures recorded by the second-largest producer, Germany (2.5M tonnes), threefold. The third position in this ranking was occupied by France (1.7M tonnes), with a 7.2% share.

What are the leading suppliers of cheese and curd to Brazil?

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In value terms, Argentina ($72M) constituted the largest supplier of cheese and curd to Brazil, comprising 61% of total imports. The second position in the ranking was occupied by Uruguay ($24M), with a 21% share of total imports. It was followed by France, with a 5.8% share.

What are the leading importers of cheese and curd from Brazil?

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In value terms, Russia ($3.8M), Chile ($2.4M) and the U.S. ($1.4M) were the largest markets for cheese and curd exported from Brazil worldwide, with a combined 58% share of total exports.

What is the average export price for cheese and curd in Brazil?

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In 2019, the average cheese and curd export price amounted to $4,624 per tonne, standing approx. at the previous year.

What is the average import price for cheese and curd in Brazil?

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The average cheese and curd import price stood at $4,284 per tonne in 2019, with a decrease of -1.9% against the previous year.