Eastern Europe: Cheese Market 2024

Cheese Market Size in Eastern Europe

The East European cheese market expanded to $X in 2022, increasing by X% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Cheese Production in Eastern Europe

In value terms, cheese production surged 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 indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. The level of production peaked in 2022 and is expected to retain growth in years to come.

Cheese Exports

Exports in Eastern Europe

In 2022, cheese exports in Eastern Europe expanded modestly to X tons, increasing by X% against 2021. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, cheese exports expanded remarkably to $X in 2022. Total exports indicated a tangible 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, exports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

In 2022, Belarus (X tons) and Poland (X tons) represented the major exporters of cheese in Eastern Europe, together reaching approx. X% of total exports. The Czech Republic (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Lithuania (X%). Hungary (X tons), Slovakia (X tons), Latvia (X tons), Estonia (X tons), Bulgaria (X tons), Russia (X tons) and Romania (X tons) took a relatively small share of total exports.

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

In value terms, Belarus ($X), Poland ($X) and the Czech Republic ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Lithuania, Slovakia, Hungary, Latvia, Estonia, Bulgaria, Russia and Romania lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries 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 Eastern Europe amounted to $X per ton, surging by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Slovakia ($X per ton) and Lithuania ($X per ton), while Belarus ($X per ton) and Poland ($X per ton) were amongst the lowest.

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

Cheese Imports

Imports in Eastern Europe

In 2022, after six years of growth, there was significant decline in overseas purchases of cheese, when their volume decreased by X% to X tons. Overall, imports recorded a noticeable slump. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, cheese imports contracted remarkably to $X in 2022. In general, imports saw a mild reduction. The growth pace was the most rapid in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The purchases of the three major importers of cheese, namely Romania, the Czech Republic and Poland, represented more than half of total import. Slovakia (X tons) ranks next in terms of the total imports with a X% share, followed by Hungary (X%), Bulgaria (X%) and Ukraine (X%).

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

In value terms, the Czech Republic ($X), Poland ($X) and Romania ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe 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 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per ton in 2014; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Ukraine ($X per ton) and Poland ($X per ton), while Bulgaria ($X per ton) and Romania ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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