GCC: Market for Grated, Powdered and Blue-Veined Cheese 2024

Market Size for Grated, Powdered and Blue-Veined Cheese in GCC

In 2022, the GCC grated and blue cheese market decreased by X% to $X, falling for the second year in a row after two years of growth. The total consumption indicated prominent growth 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, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Grated, Powdered and Blue-Veined Cheese in GCC

In value terms, grated and blue cheese production amounted to $X in 2022 estimated in export price. Over the period under review, production posted a strong expansion. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Grated, Powdered and Blue-Veined Cheese

Exports in GCC

In 2022, shipments abroad of grated, powdered and blue-veined cheese increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, grated and blue cheese exports surged to $X in 2022. Over the period under review, exports, however, saw a slight shrinkage. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Saudi Arabia (X tons) and the United Arab Emirates (X tons) was the main exporter of grated, powdered and blue-veined cheese in GCC, making up X% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the United Arab Emirates (with a CAGR of X%).

In value terms, Saudi Arabia ($X) and the United Arab Emirates ($X) constituted the countries with the highest levels of exports in 2022.

The United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, shrinking by X% against the previous year. Export price indicated temperate growth from 2012 to 2022: its price 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. The most prominent rate of growth was recorded in 2016 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the United Arab Emirates amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%).

Imports of Grated, Powdered and Blue-Veined Cheese

Imports in GCC

Grated and blue cheese imports fell to X tons in 2022, which is down by X% against 2021. Over the period under review, imports recorded a pronounced decrease. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, grated and blue cheese imports declined to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Saudi Arabia (X tons) and the United Arab Emirates (X tons) dominates imports structure, together constituting X% of total imports. Bahrain (X tons) took the next position in the ranking, followed by Kuwait (X tons). All these countries together took near X% share of total imports. The following importers - Oman (X tons) and Qatar (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Bahrain (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Kuwait ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Bahrain, Qatar and Oman lagged somewhat behind, together accounting for a further X%.

Bahrain, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in GCC stood at $X per ton in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Qatar ($X per ton), while Oman ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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