EU: Cheese Market 2022

Cheese Market Size in the EU

The EU cheese market stood at $X in 2021, approximately equating the previous year. In general, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Cheese Production in the EU

In value terms, cheese production dropped slightly to $X in 2021 estimated in export prices. Overall, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then dropped slightly in the following year.

The countries with the highest volumes of cheese production in 2021 were Germany (X tonnes), France (X tonnes) and Italy (X tonnes), with a combined X% share of total production. These countries were followed by the Netherlands, Poland, Denmark, Spain, Ireland, Austria, Greece, Belgium and the Czech Republic, which together accounted for a further X 2012 to 2021, the biggest increases were in Belgium (+X%), while cheese production for the other leaders experienced more modest paces of growth.

Production By Country in the EU

The countries with the highest volumes of cheese production in 2021 were Germany (X tonnes), France (X tonnes) and Italy (X tonnes), together comprising X% of total production. These countries were followed by the Netherlands, Poland, Denmark, Spain, Ireland, Austria, Greece, Belgium and the Czech Republic, which together accounted for a further X 2012 to 2021, the biggest increases were in Belgium (+X%), while cheese production for the other leaders experienced more modest paces of growth.

Cheese Exports

Exports in the EU

For the tenth consecutive year, the European Union recorded growth in shipments abroad of cheese, which increased by X% to X tonnes in 2021. The total export volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in the immediate term.

In value terms, cheese exports expanded remarkably to $X in 2021. The total export value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the near future.

Exports by Country

The shipments of the eleven major exporters of cheese, namely Germany, the Netherlands, France, Italy, Denmark, Poland, Belgium, Ireland, Austria, Spain and Greece, represented more than two-thirds of total export.

From 2012 to 2021, the biggest increases were in Greece (+X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Italy ($X) constituted the countries with the highest levels of exports in 2021, together accounting for X% of total exports. These countries were followed by France, Denmark, Belgium, Ireland, Poland, Austria, Greece and Spain, which together accounted for a further X, 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

The cheese export price in the European Union stood at $X per tonne in 2021, rising by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per tonne in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Italy ($X per tonne), while Poland ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+X%), while the other leaders experienced more modest paces of growth.

Cheese Imports

Imports in the EU

Cheese imports rose slightly to X tonnes in 2021, picking up by X% on the previous year. The total import volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in years to come.

In value terms, cheese imports expanded remarkably to $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2013 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, Germany (X tonnes), distantly followed by Italy (X tonnes), France (X tonnes), the Netherlands (X tonnes), Belgium (X tonnes) and Spain (X tonnes) represented the key importers of cheese, together achieving X% of total imports. Greece (X tonnes), Sweden (X tonnes), Austria (X tonnes), the Czech Republic (X tonnes), Poland (X tonnes), Denmark (X tonnes) and Romania (X tonnes) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Romania (+X%), while imports for the other leaders experienced more modest paces of growth.

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

In Germany, cheese imports expanded at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: France (+X% per year) and Italy (+X% per year).

Import Prices by Country

The cheese import price in the European Union stood at $X per tonne in 2021, growing by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per tonne in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Germany ($X per tonne) and Sweden ($X per tonne), while the Netherlands ($X per tonne) and Italy ($X per tonne) were amongst the lowest.

From 2012 to 2021, 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