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

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

The South Asian grated and blue cheese market shrank notably to $X in 2022, which is down by X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Grated, Powdered and Blue-Veined Cheese in Southern Asia

In value terms, grated and blue cheese production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Grated, Powdered and Blue-Veined Cheese

Exports in Southern Asia

Grated and blue cheese exports skyrocketed to X tons in 2022, increasing by X% on 2021 figures. In general, exports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, grated and blue cheese exports soared to $X in 2022. Overall, exports continue to indicate a resilient expansion. The growth pace was the most rapid in 2016 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The biggest shipments were from India (X tons), together reaching X% of total export.

India was also the fastest-growing in terms of the grated, powdered and blue-veined cheese exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest grated and blue cheese supplier in Southern Asia.

In India, grated and blue cheese exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price showed 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. The level of export peaked at $X per ton in 2020; afterwards, it flattened through to 2022.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Imports of Grated, Powdered and Blue-Veined Cheese

Imports in Southern Asia

After two years of decline, purchases abroad of grated, powdered and blue-veined cheese increased by X% to X tons in 2022. Over the period under review, imports posted a prominent expansion. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, grated and blue cheese imports totaled $X in 2022. Overall, imports enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Afghanistan represented the key importer of grated, powdered and blue-veined cheese in Southern Asia, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. India (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Maldives (X%) and Sri Lanka (X%). Bangladesh (X tons), Nepal (X tons) and Bhutan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to grated and blue cheese imports into Afghanistan stood at X%. At the same time, Maldives (X%), Nepal (X%), Sri Lanka (X%), India (X%), Bangladesh (X%) and Bhutan (X%) displayed positive paces of growth. Moreover, Maldives emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Afghanistan and Maldives increased by X and X percentage points, respectively.

In value terms, Afghanistan ($X), India ($X) and Maldives ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, Maldives, with a CAGR of X%, saw 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 Southern Asia stood at $X per ton in 2022, falling by X% against the previous year. Overall, the import price showed a abrupt decline. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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