MERCOSUR: Cheese And Curd Market 2024

Cheese And Curd Market Size in MERCOSUR

The MERCOSUR cheese and curd market reduced modestly to $X in 2022, therefore, remained relatively stable against the previous year. Overall, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Cheese And Curd Production in MERCOSUR

In value terms, cheese and curd production rose to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a mild slump. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Cheese And Curd Exports

Exports in MERCOSUR

For the fourth year in a row, MERCOSUR recorded growth in shipments abroad of cheese and curd, which increased by X% to X tons in 2022. Overall, exports, however, showed a mild slump. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, cheese and curd exports soared to $X in 2022. In general, exports, however, recorded a mild curtailment. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Argentina was the largest exporting country with an export of about X tons, which reached X% of total exports. Uruguay (X tons) ranks second in terms of the total exports with a X% share, followed by Chile (X%). Brazil (X tons) held a relatively small share of total exports.

Exports from Argentina increased at an average annual rate of X% from 2012 to 2022. At the same time, Brazil (X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. Chile experienced a relatively flat trend pattern. By contrast, Uruguay (X%) illustrated a downward trend over the same period. Argentina (X p.p.) and Brazil (X p.p.) significantly strengthened its position in terms of the total exports, while Uruguay saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Argentina ($X) remains the largest cheese and curd supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Uruguay ($X), with a X% share of total exports. It was followed by Chile, with a X% share.

In Argentina, cheese and curd exports 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: Uruguay (X% per year) and Chile (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Brazil ($X per ton) and Chile ($X per ton), while Argentina ($X per ton) and Uruguay ($X per ton) were amongst the lowest.

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

Cheese And Curd Imports

Imports in MERCOSUR

In 2022, after two years of growth, there was significant decline in overseas purchases of cheese and curd, when their volume decreased by X% to X tons. Total imports indicated mild growth from 2012 to 2022: its volume 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, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then declined in the following year.

In value terms, cheese and curd imports declined slightly to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

In 2022, Chile (X tons) was the major importer of cheese and curd, creating X% of total imports. Brazil (X tons) ranks second in terms of the total imports with a X% share, followed by Peru (X%) and Colombia (X%). Argentina (X tons), Paraguay (X tons) and Uruguay (X tons) held a minor share of total imports.

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

In value terms, the largest cheese and curd importing markets in MERCOSUR were Chile ($X), Brazil ($X) and Peru ($X), with a combined X% share of total imports. Colombia, Argentina, Paraguay and Uruguay lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Colombia, 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 MERCOSUR stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price, however, recorded a slight slump. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Colombia ($X per ton) and Argentina ($X per ton), while Uruguay ($X per ton) and Peru ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :