Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Austria - 2023
Contents:
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Austria (FOB) - 2023
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Austria (CIF) - 2023
- Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Austria
- Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Austria
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Austria (FOB) - 2023
In October 2023, the average export price for cheese, other than blue-veined, grated, powdered or processed amounted to $8,905 per ton, with an increase of 21% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.8%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major overseas markets. In October 2023, the countries with the highest prices were Switzerland ($10,031 per ton) and the United States ($8,740 per ton), while the average price for exports to the UK ($8,024 per ton) and Australia ($8,624 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Austria (CIF) - 2023
In October 2023, the average import price for cheese, other than blue-veined, grated, powdered or processed amounted to $8,677 per ton, growing by 32% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Switzerland ($8,716 per ton), while the price for Turkey stood at $7,029 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Greece (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Austria
Exports of cheese, other than blue-veined, grated, powdered or processed from Austria expanded notably to 78K tons in 2022, with an increase of 5.1% compared with 2021. The total export volume increased at an average annual rate of +11.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 24%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of cheese, other than blue-veined, grated, powdered or processed rose notably to $499M in 2022. The total export value increased at an average annual rate of +12.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 237 | 304 | 336 | 339 | 12.7% |
| Italy | 26.8 | 24.5 | 25.8 | 27.2 | 0.5% |
| Greece | 11.7 | 15.3 | 13.4 | 16.5 | 12.1% |
| France | 5.2 | 5.6 | 7.6 | 9.7 | 23.1% |
| United States | 5.1 | 5.0 | 6.6 | 8.4 | 18.1% |
| Netherlands | 3.3 | 5.2 | 6.6 | 6.2 | 23.4% |
| Others | 64.6 | 35.8 | 77.8 | 92.3 | 12.6% |
| Total | 354 | 396 | 474 | 499 | 12.1% |
Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from Austria in 2022:
- Germany (50.8K tons)
- Italy (4.6K tons)
- Greece (3.0K tons)
- Netherlands (1.4K tons)
- France (1.3K tons)
- United States (1.2K tons)
Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Austria
In 2022, purchases abroad of cheese, other than blue-veined, grated, powdered or processed decreased by -7.6% to 72K tons, falling for the second year in a row after two years of growth. In general, imports saw a slight shrinkage. The growth pace was the most rapid in 2020 when imports increased by 7.1% against the previous year. As a result, imports reached the peak of 81K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of cheese, other than blue-veined, grated, powdered or processed amounted to $432M in 2022. The total import value increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 9.2%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 172 | 200 | 223 | 218 | 8.2% |
| Italy | 56.2 | 64.2 | 56.0 | 50.0 | -3.8% |
| Switzerland | 10.2 | 30.6 | 36.4 | 37.6 | 54.5% |
| Netherlands | 31.3 | 30.9 | 31.8 | 36.6 | 5.4% |
| Greece | 25.0 | 25.0 | 22.0 | 30.6 | 7.0% |
| France | 29.6 | 17.6 | 22.3 | 21.3 | -10.4% |
| Denmark | 11.4 | 7.5 | 8.3 | 8.5 | -9.3% |
| Others | 36.1 | 30.0 | 25.2 | 29.3 | -6.7% |
| Total | 372 | 406 | 425 | 432 | 5.1% |
Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to Austria in 2022:
- Germany (38.8K tons)
- Netherlands (7.5K tons)
- Italy (6.0K tons)
- Switzerland (5.0K tons)
- Greece (4.3K tons)
- France (2.9K tons)
- Denmark (2.6K tons)
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