EU: Cheese And Curd Market 2024

Cheese And Curd Market Size in the EU

In 2022, the EU cheese and curd market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Cheese And Curd Production in the EU

In value terms, cheese and curd 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; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, production attained the peak level and is likely to continue growth in the immediate term.

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Cheese And Curd Exports

Exports in the EU

For the eighth year in a row, the European Union recorded growth in overseas shipments of cheese and curd, which increased by X% to X tons in 2022. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, cheese and curd exports expanded sharply to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.

Exports by Country

In 2022, the Netherlands (X tons), Germany (X tons), France (X tons), Italy (X tons), Ireland (X tons) and Denmark (X tons) represented the largest exporter of cheese and curd in the European Union, comprising X% of total export. Poland (X tons), Greece (X tons), Belgium (X tons), Austria (X tons), Spain (X tons) and the Czech Republic (X tons) held a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Greece (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Italy ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports. France, Denmark, Ireland, Greece, Poland, Belgium, Spain, Austria and the Czech Republic lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Greece, with a CAGR of X%, saw the highest growth rate of the value of exports, 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 the European Union amounted to $X per ton, picking up 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 attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the Czech Republic ($X per ton) was 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.

Cheese And Curd Imports

Imports in the EU

In 2022, approx. X tons of cheese and curd were imported in the European Union; remaining stable against the year before. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of X tons, leveling off in the following year.

In value terms, cheese and curd imports soared to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons), distantly followed by Italy (X tons), France (X tons), Spain (X tons), the Netherlands (X tons) and Belgium (X tons) represented the main importers of cheese and curd, together achieving X% of total imports. Greece (X tons), Sweden (X tons), Austria (X tons), Slovakia (X tons), Denmark (X tons), the Czech Republic (X tons) and Poland (X tons) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to cheese and curd imports into Germany stood at X%. At the same time, Slovakia (X%), Poland (X%), Spain (X%), France (X%), Sweden (X%), the Czech Republic (X%), Denmark (X%), Austria (X%), Greece (X%), the Netherlands (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. Italy experienced a relatively flat trend pattern. While the share of Slovakia (X p.p.) and Spain (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Italy (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported cheese and curd in the European Union, comprising X% of total imports. The second position in the ranking was held by France ($X), with an X% share of total imports. It was followed by Italy, with an X% share.

In Germany, cheese and curd imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: France (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in France ($X per ton) and Germany ($X per ton), while Spain ($X per ton) and Denmark ($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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