Price for Cheese of All Kinds, Grated or Powdered in Portugal - 2023
Contents:
- Price for Cheese of All Kinds, Grated or Powdered in Portugal (CIF) - 2023
- Price for Cheese of All Kinds, Grated or Powdered in Portugal (FOB) - 2023
- Imports of Cheese of All Kinds, Grated or Powdered in Portugal
- Exports of Cheese of All Kinds, Grated or Powdered in Portugal
Price for Cheese of All Kinds, Grated or Powdered in Portugal (CIF) - 2023
In November 2023, the average import price for cheese of all kinds, grated or powdered amounted to $5,690 per ton, declining by -6.2% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 12% month-to-month. Over the period under review, average import prices reached the maximum at $6,175 per ton in December 2022; however, from January 2023 to November 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Italy ($10,597 per ton), while the price for Spain ($5,092 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by France (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cheese of All Kinds, Grated or Powdered in Portugal (FOB) - 2023
In November 2023, the average export price for cheese of all kinds, grated or powdered amounted to $5,705 per ton, falling by -15.5% against the previous month. Over the period under review, the export price continues to indicate a mild contraction. The growth pace was the most rapid in December 2022 when the average export price increased by 10% month-to-month. Over the period under review, the average export prices hit record highs at $7,274 per ton in April 2023; however, from May 2023 to November 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Spain ($6,857 per ton), while the average price for exports to Poland ($1,434 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 Spain (+0.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cheese of All Kinds, Grated or Powdered in Portugal
In 2022, approx. 6.6K tons of cheese of all kinds, grated or powdered were imported into Portugal; increasing by 18% against 2021 figures. The total import volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cheese of all kinds, grated or powdered surged to $36M in 2022. The total import value increased at an average annual rate of +12.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cheese of All Kinds, Grated or Powdered in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 12.2 | 14.8 | 13.7 | 13.9 | 4.4% |
| Belgium | 2.9 | 3.1 | 4.4 | 7.5 | 37.3% |
| Germany | 2.7 | 3.8 | 5.1 | 6.1 | 31.2% |
| France | 0.4 | 0.7 | 0.5 | 4.5 | 124.1% |
| Italy | 2.6 | 2.8 | 3.1 | 3.8 | 13.5% |
| United Kingdom | 4.2 | 2.9 | N/A | N/A | -31.0% |
| Others | 0.3 | 0.2 | 0.2 | 0.3 | 0.0% |
| Total | 25.4 | 28.4 | 26.9 | 36.1 | 12.4% |
Top Suppliers of Cheese of All Kinds, Grated or Powdered to Portugal in 2022:
- Spain (2.9K tons)
- Belgium (1.4K tons)
- Germany (1.0K tons)
- France (0.8K tons)
- Italy (0.4K tons)
Exports of Cheese of All Kinds, Grated or Powdered in Portugal
In 2022, approx. 904 tons of cheese of all kinds, grated or powdered were exported from Portugal; with an increase of 137% on 2021. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of cheese of all kinds, grated or powdered skyrocketed to $5.5M in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cheese of All Kinds, Grated or Powdered in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 770 | 417 | 596 | 4,263 | 76.9% |
| Switzerland | 743 | 680 | 1,026 | 1,110 | 14.3% |
| Angola | 102 | 87.4 | 287 | 104 | 0.6% |
| Others | 51.9 | 39.4 | 50.3 | 62.6 | 6.4% |
| Total | 1,667 | 1,223 | 1,960 | 5,539 | 49.2% |
Top Export Markets for Cheese of All Kinds, Grated or Powdered from Portugal in 2022:
- Spain (725.0 tons)
- Switzerland (159.8 tons)
- Angola (11.6 tons)
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