Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in the Czech Republic - 2023
Contents:
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in the Czech Republic (CIF) - 2023
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in the Czech Republic (FOB) - 2023
- Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in the Czech Republic
- Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in the Czech Republic
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in the Czech Republic (CIF) - 2023
In October 2023, the average import price for cheese, other than blue-veined, grated, powdered or processed amounted to $5,291 per ton, with an increase of 2.6% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 8.9% m-o-m. Over the period under review, average import prices hit record highs at $6,083 per ton in December 2022; however, from January 2023 to October 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Italy ($9,890 per ton), while the price for Germany ($4,366 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in the Czech Republic (FOB) - 2023
In October 2023, the average export price for cheese, other than blue-veined, grated, powdered or processed amounted to $5,306 per ton, picking up by 3.1% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 9.1% against the previous month. As a result, the export price reached the peak level of $5,455 per ton. From January 2023 to October 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Germany ($6,443 per ton), while the average price for exports to the Netherlands ($2,985 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in the Czech Republic
Imports of cheese, other than blue-veined, grated, powdered or processed into the Czech Republic reached 66K tons in 2022, approximately mirroring the previous year's figure. The total import volume increased at an average annual rate of +1.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 2.5% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of cheese, other than blue-veined, grated, powdered or processed rose rapidly to $370M in 2022. The total import value increased at an average annual rate of +9.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 101 | 106 | 131 | 138 | 11.0% |
| Poland | 76.4 | 78.8 | 80.7 | 91.8 | 6.3% |
| Slovakia | 32.7 | 34.9 | 36.3 | 38.9 | 6.0% |
| Netherlands | 18.0 | 20.4 | 26.1 | 36.5 | 26.6% |
| Italy | 19.6 | 19.1 | 23.3 | 24.7 | 8.0% |
| France | 13.3 | 12.4 | 11.8 | 12.6 | -1.8% |
| Others | 19.6 | 19.3 | 18.3 | 27.5 | 12.0% |
| Total | 280 | 291 | 328 | 370 | 9.7% |
Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to the Czech Republic in 2022:
- Germany (26.8K tons)
- Poland (17.4K tons)
- Slovakia (6.6K tons)
- Netherlands (6.2K tons)
- Italy (2.9K tons)
- France (1.7K tons)
Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in the Czech Republic
In 2022, the amount of cheese, other than blue-veined, grated, powdered or processed exported from the Czech Republic soared to 52K tons, increasing by 20% against 2021 figures. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +12.8% 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 +43.4% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of cheese, other than blue-veined, grated, powdered or processed surged to $253M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.5% 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 +58.2% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 93.9 | 95.5 | 115 | 143 | 15.1% |
| Slovakia | 26.1 | 29.9 | 34.8 | 43.7 | 18.7% |
| United Arab Emirates | 6.5 | 5.8 | 7.3 | 8.5 | 9.4% |
| Saudi Arabia | 6.1 | 6.3 | 7.2 | 8.0 | 9.5% |
| Poland | 5.5 | 5.7 | 5.9 | 7.2 | 9.4% |
| Germany | 3.2 | 3.8 | 3.5 | 5.4 | 19.1% |
| France | 2.6 | 1.7 | 2.2 | 4.5 | 20.1% |
| Netherlands | 2.0 | 1.4 | 2.0 | 3.2 | 17.0% |
| Others | 13.9 | 11.5 | 16.6 | 29.0 | 27.8% |
| Total | 160 | 162 | 194 | 253 | 16.5% |
Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from the Czech Republic in 2022:
- Italy (30.9K tons)
- Slovakia (9.7K tons)
- United Arab Emirates (1.6K tons)
- Saudi Arabia (1.5K tons)
- Poland (1.2K tons)
- France (1.1K tons)
- Netherlands (0.9K tons)
- Germany (0.9K tons)
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