New Zealand - Cheese and Curd - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCheese and Curd Price in New Zealand - 2023
Contents:
- Cheese and Curd Price in New Zealand (FOB) - 2023
- Cheese and Curd Price in New Zealand (CIF) - 2023
- Cheese and Curd Exports in New Zealand
- Cheese and Curd Imports in New Zealand
Cheese and Curd Price in New Zealand (FOB) - 2023
The average cheese and curd export price stood at $4,547 per ton in September 2023, falling by -2.7% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in October 2022 an increase of 3.2% month-to-month. The export price peaked at $5,164 per ton in December 2022; however, from January 2023 to September 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In September 2023, the countries with the highest prices were South Korea ($5,095 per ton) and Japan ($4,709 per ton), while the average price for exports to the United Arab Emirates ($4,102 per ton) and Australia ($4,144 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+1.2%), while the prices for the other major destinations experienced a decline.
Cheese and Curd Price in New Zealand (CIF) - 2023
The average cheese and curd import price stood at $5,541 per ton in September 2023, dropping by -3.2% against the previous month. In general, the import price saw a slight contraction. The pace of growth was the most pronounced in February 2023 when the average import price increased by 8.5% month-to-month. As a result, import price reached the peak level of $7,458 per ton. From March 2023 to September 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($16,025 per ton), while the price for Sweden ($3,574 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by France (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Cheese and Curd Exports in New Zealand
In 2022, the amount of cheese and curd exported from New Zealand surged to 535K tons, picking up by 48% compared with the previous year. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +16.9% 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 +65.3% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cheese and curd exports surged to $2.5B in 2022. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cheese and Curd in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 299 | 305 | 375 | 652 | 29.7% |
| Japan | 256 | 244 | 243 | 463 | 21.8% |
| Australia | 187 | 174 | 178 | 278 | 14.1% |
| South Korea | 85.9 | 105 | 102 | 205 | 33.6% |
| Philippines | 53.6 | 51.0 | 65.3 | 126 | 33.0% |
| Saudi Arabia | 55.4 | 46.7 | 47.8 | 89.2 | 17.2% |
| Indonesia | 50.1 | 50.3 | 58.1 | 84.9 | 19.2% |
| Malaysia | 30.7 | 36.8 | 46.0 | 84.2 | 40.0% |
| Taiwan (Chinese) | 33.0 | 37.0 | 46.7 | 71.3 | 29.3% |
| Thailand | 19.0 | 20.9 | 33.5 | 55.3 | 42.8% |
| Trinidad and Tobago | 30.8 | 27.4 | 30.4 | 48.0 | 15.9% |
| Mexico | 12.6 | 10.6 | 15.5 | 35.8 | 41.6% |
| Others | 213 | 196 | 250 | 353 | 18.3% |
| Total | 1,327 | 1,304 | 1,491 | 2,546 | 24.3% |
Top Export Markets for Cheese and Curd from New Zealand in 2022:
- China (137.9K tons)
- Japan (97.7K tons)
- Australia (58.7K tons)
- South Korea (40.9K tons)
- Philippines (26.1K tons)
- Malaysia (18.9K tons)
- Indonesia (18.5K tons)
- Saudi Arabia (18.4K tons)
- Taiwan (Chinese) (16.0K tons)
- Thailand (12.0K tons)
- Trinidad and Tobago (9.0K tons)
- Mexico (8.5K tons)
Cheese and Curd Imports in New Zealand
In 2022, the amount of cheese and curd imported into New Zealand contracted to 10K tons, with a decrease of -8.9% compared with 2021 figures. Over the period under review, imports recorded a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 8.2% against the previous year.
In value terms, cheese and curd imports reduced modestly to $69M in 2022. In general, imports continue to indicate a slight reduction. The growth pace was the most rapid in 2021 when imports increased by 18%. As a result, imports reached the peak of $72M, and then reduced modestly in the following year.
| Import of Cheese and Curd in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 19.9 | 16.6 | 18.2 | 23.7 | 6.0% |
| United States | 16.0 | 13.4 | 15.1 | 12.4 | -8.1% |
| Denmark | 9.3 | 9.5 | 12.0 | 8.4 | -3.3% |
| Italy | 3.7 | 3.7 | 5.4 | 4.5 | 6.7% |
| France | 3.5 | 3.3 | 4.1 | 4.1 | 5.4% |
| Ireland | 6.7 | 1.2 | 1.8 | 3.4 | -20.2% |
| Netherlands | 2.0 | 3.1 | 2.4 | 2.5 | 7.7% |
| Germany | 4.9 | 3.8 | 4.2 | 2.4 | -21.2% |
| Others | 5.4 | 6.8 | 9.1 | 7.7 | 12.6% |
| Total | 71.4 | 61.6 | 72.4 | 69.0 | -1.1% |
Top Suppliers of Cheese and Curd to New Zealand in 2022:
- Australia (3.8K tons)
- United States (2.5K tons)
- Denmark (1.0K tons)
- Ireland (0.6K tons)
- Italy (0.5K tons)
- Netherlands (0.3K tons)
- France (0.3K tons)
- Germany (0.3K tons)
This report provides an in-depth analysis of the cheese and curd market in New Zealand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 901 - Cheese from Whole Cow Milk
- FCL 904 - Cheese from Skimmed Cow Milk
- FCL 905 - Whey Cheese
- FCL 907 - Processed Cheese
- FCL 955 - Cheese of Buffalo Milk
- FCL 984 - Cheese of Sheep Milk
- FCL 1021 - Cheese of Goat Milk
Country coverage:
- New Zealand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in New Zealand
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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