Brazil: Market for Processed cheese (excluding grated or powdered) 2024

Market Size for Processed cheese (excluding grated or powdered) in Brazil

The Brazilian market for processed cheese (excluding grated or powdered) surged to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption continues to indicate a moderate expansion. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Processed cheese (excluding grated or powdered) in Brazil

In value terms, production of processed cheese (excluding grated or powdered) amounted to $X in 2022 estimated in export price. In general, production enjoyed resilient growth. The most prominent rate of growth was recorded in 2013 with a decrease of X% against the previous year. Production of peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Processed cheese (excluding grated or powdered)

Exports from Brazil

In 2022, approx. X tons of processed cheese (excluding grated or powdered) were exported from Brazil; dropping by X% compared with the year before. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, exports of processed cheese (excluding grated or powdered) contracted modestly to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports of hit record highs at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Argentina (X tons) was the main destination for exports of processed cheese (excluding grated or powdered) from Brazil, accounting for a X% share of total exports. Moreover, exports of processed cheese (excluding grated or powdered) to Argentina exceeded the volume sent to the second major destination, Peru (X tons), threefold. The third position in this ranking was taken by Chile (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Argentina totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (X% per year) and Chile (X% per year).

In value terms, Argentina ($X) remains the key foreign market for processed cheese (excluding grated or powdered) exports from Brazil, comprising X% of total exports. The second position in the ranking was taken by Peru ($X), with a X% share of total exports. It was followed by Chile, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Argentina stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (X% per year) and Chile (X% per year).

Export Prices by Country

The average export price for processed cheese (excluding grated or powdered) stood at $X per ton in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Russia ($X per ton) and Chile ($X per ton), while the average price for exports to Paraguay ($X per ton) and Peru ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Processed cheese (excluding grated or powdered)

Imports into Brazil

In 2022, supplies from abroad of processed cheese (excluding grated or powdered) decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of processed cheese (excluding grated or powdered) dropped notably to $X in 2022. Overall, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports of hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Uruguay (X tons) constituted the largest supplier of processed cheese (excluding grated or powdered) to Brazil, with a X% share of total imports. Moreover, imports of processed cheese (excluding grated or powdered) from Uruguay exceeded the figures recorded by the second-largest supplier, France (X tons), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Uruguay totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and the United States (X% per year).

In value terms, Uruguay ($X) constituted the largest supplier of processed cheese (excluding grated or powdered) to Brazil, comprising X% of total imports. The second position in the ranking was held by France ($X), with an X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Uruguay stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average import price for processed cheese (excluding grated or powdered) amounted to $X per ton, surging by X% against the previous year. In general, the import price, however, saw a pronounced curtailment. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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