Eritrea: Cheese Market Overview 2020

Cheese Market Size in Eritrea

The revenue of the cheese market in Eritrea amounted to $X in 2018, going up by X% against the previous year. In general, cheese consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the market value increased by X% y-o-y. In that year, the cheese market reached its peak level of $X. From 2012 to 2018, the growth of the cheese market failed to regain its momentum.

Cheese Production in Eritrea

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 relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when production volume increased by X% against the previous year. In that year, cheese production attained its peak level of $X. From 2017 to 2018, cheese production growth remained at a somewhat lower figure.

Cheese Exports

Exports from Eritrea

Cheese exports from Eritrea amounted to X kg in 2018, lowering by -X% against the previous year. Over the period under review, cheese exports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, cheese exports reached their maximum at X tonnes in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, cheese exports amounted to $X in 2018. Overall, cheese exports continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2018 with a decrease of -X% against the previous year. Eritrea exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

The countries with the highest levels of cheese exports in 2018 were Germany (X tonnes), the Netherlands (X tonnes) and France (X tonnes), together accounting for X% of total export. It was distantly followed by Italy (X tonnes), Denmark (X tonnes), the U.S. (X tonnes) and New Zealand (X tonnes), together creating a X% share of total exports. The following exporters - Poland (X tonnes), Belgium (X tonnes), Ireland (X tonnes), Belarus (X tonnes) and the UK (X tonnes) - together made up X% of total exports.

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, Germany ($X), the Netherlands ($X) and France ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports. Italy, Denmark, the U.S., New Zealand, Belgium, Ireland, Poland, the UK, Belarus and Eritrea lagged somewhat behind, together accounting 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

In 2018, the cheese export price in Eritrea amounted to $X per tonne, shrinking by -X% against the previous year. In general, the cheese export price continues to indicate a slight decrease. The pace of growth appeared the most rapid in 2016 when the export price increased by X% against the previous year. In that year, the export prices for cheese reached their peak level of $X per tonne. From 2017 to 2018, the growth in terms of the export prices for cheese remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Italy ($X per tonne), while Poland ($X per tonne) 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 Eritrea

In 2018, the imports of cheese into Eritrea amounted to X tonnes, increasing by X% against the previous year. Overall, cheese imports continue to indicate slight growth. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. In that year, cheese imports reached their peak of X tonnes. From 2012 to 2018, the growth of cheese imports remained at a lower figure.

In value terms, cheese imports amounted to $X in 2018. Overall, cheese imports continue to indicate a notable expansion. The pace of growth appeared the most rapid in 2014 when imports increased by X% y-o-y. Eritrea imports peaked at $X in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Germany (X tonnes), followed by Italy (X tonnes), the UK (X tonnes), France (X tonnes), the Netherlands (X tonnes) and Belgium (X tonnes) represented the major importers of cheese, together comprising X% of total imports. The following importers - Japan (X tonnes), Spain (X tonnes), Russia (X tonnes), the U.S. (X tonnes), Saudi Arabia (X tonnes) and Greece (X tonnes) - together made up X% 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, the largest cheese importing markets into Eritrea were Germany ($X), the UK ($X) and Italy ($X), together accounting for X% of total imports. These countries were followed by France, Belgium, the Netherlands, Japan, Spain, the U.S., Russia, Saudi Arabia, Greece and Eritrea, which together accounted for a further X the main importing countries, the Netherlands recorded the highest rates of growth with regard to imports, 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 Eritrea amounted to $X per tonne, approximately equating the previous year. In general, the import price indicated a temperate expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cheese import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the import prices for cheese attained their maximum at $X per tonne in 2015; however, from 2016 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per tonne), while Greece ($X per tonne) 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.

Source: IndexBox AI Platform