Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Spain - 2023

Contents:

  1. Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Spain (CIF) - 2023
  2. Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Spain (FOB) - 2023
  3. Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Spain
  4. Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Spain

Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Spain (CIF) - 2023

The average import price for cheese, blue-veined (not grated, powdered or processed) stood at $9,098 per ton in November 2023, with an increase of 7% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 8.5% m-o-m. The import price peaked in November 2023.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From November 2022 to November 2023, the rate of growth in terms of prices for Germany amounted to +3.5% per month.

Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Spain (FOB) - 2023

In November 2023, the average export price for cheese, blue-veined (not grated, powdered or processed) amounted to $9,683 per ton, reducing by -14.3% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 9.9% month-to-month. Over the period under review, the average export prices attained the peak figure at $11,444 per ton in September 2023; however, from October 2023 to November 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($19,111 per ton), while the average price for exports to Cuba ($8,530 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Spain

In 2022, imports of cheese, blue-veined (not grated, powdered or processed) into Spain surged to 14K tons, rising by 35% on the previous year. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cheese, blue-veined (not grated, powdered or processed) expanded sharply to $59M in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France17.715.616.117.1-1.1%
Italy8.710.912.615.822.0%
Germany11.710.59.812.93.3%
Denmark9.28.410.49.82.1%
Luxembourg0.1N/A1.61.9166.8%
Netherlands1.60.70.60.7-24.1%
Others0.91.00.30.2-39.4%
Total49.947.051.458.65.5%

Top Suppliers of Cheese, Blue-Veined (Not Grated, Powdered or Processed) to Spain in 2022:

  1. Italy (3.9K tons)
  2. Germany (3.6K tons)
  3. France (3.1K tons)
  4. Denmark (2.9K tons)
  5. Luxembourg (0.3K tons)
  6. Netherlands (0.2K tons)

Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Spain

In 2022, the amount of cheese, blue-veined (not grated, powdered or processed) exported from Spain surged to 665 tons, picking up by 33% against the previous year. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +7.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.5% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cheese, blue-veined (not grated, powdered or processed) rose rapidly to $5.1M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 53%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France59557177694216.5%
Portugal1,383947911852-14.9%
United States27311757072538.5%
Netherlands11638055657670.6%
United Kingdom43.129.7477522129.6%
Dominican Republic412207289368-3.7%
Mexico20586.419231915.9%
Israel14118775.6137-1.0%
Cuba26718.924967.7-36.7%
Others40349054257212.4%
Total3,8373,0364,6385,0809.8%

Top Export Markets for Cheese, Blue-Veined (Not Grated, Powdered or Processed) from Spain in 2022:

  1. Portugal (206.8 tons)
  2. France (102.9 tons)
  3. United States (69.9 tons)
  4. Dominican Republic (61.7 tons)
  5. Mexico (47.7 tons)
  6. Netherlands (44.7 tons)
  7. United Kingdom (40.9 tons)
  8. Israel (16.1 tons)
  9. Cuba (9.6 tons)

Source: IndexBox Market Intelligence Platform

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