Price for Cheese of All Kinds, Grated or Powdered in Uruguay - 2023
Contents:
- Price for Cheese of All Kinds, Grated or Powdered in Uruguay (FOB) - 2022
- Price for Cheese of All Kinds, Grated or Powdered in Uruguay (CIF) - 2022
- Exports of Cheese of All Kinds, Grated or Powdered in Uruguay
- Imports of Cheese of All Kinds, Grated or Powdered in Uruguay
Price for Cheese of All Kinds, Grated or Powdered in Uruguay (FOB) - 2022
In 2022, the average export price for cheese of all kinds, grated or powdered amounted to $9,282 per ton, picking up by 12% against the previous year. Overall, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $9,467 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($10,798 per ton), while the average price for exports to Russia ($4,290 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cheese of All Kinds, Grated or Powdered in Uruguay (CIF) - 2022
The average import price for cheese of all kinds, grated or powdered stood at $6,040 per ton in 2022, falling by -7.1% against the previous year. Overall, the import price, however, showed a perceptible increase. The growth pace was the most rapid in 2016 when the average import price increased by 238%. As a result, import price reached the peak level of $9,479 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($6,500 per ton), while the price for the United States ($5,880 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cheese of All Kinds, Grated or Powdered in Uruguay
In 2022, the amount of cheese of all kinds, grated or powdered exported from Uruguay reduced slightly to 415 tons, with a decrease of -2.8% compared with 2021 figures. The total export volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 13%. As a result, the exports reached the peak of 426 tons, and then declined in the following year.
In value terms, exports of cheese of all kinds, grated or powdered expanded markedly to $3.8M in 2022. The total export value increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 12% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Cheese of All Kinds, Grated or Powdered in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 892 | 607 | 975 | 1,336 | 14.4% |
| Chile | 510 | 731 | 811 | 1,185 | 32.4% |
| Brazil | 745 | 968 | 625 | 891 | 6.1% |
| Mexico | 64.6 | 67.5 | 121 | 220 | 50.5% |
| Russia | 788 | 690 | 798 | 157 | -41.6% |
| Others | 131 | 73.0 | 197 | 60.9 | -22.5% |
| Total | 3,130 | 3,136 | 3,528 | 3,849 | 7.1% |
Top Export Markets for Cheese of All Kinds, Grated or Powdered from Uruguay in 2022:
- Argentina (141.4 tons)
- Chile (125.9 tons)
- Brazil (82.5 tons)
- Russia (36.6 tons)
- Mexico (22.6 tons)
Imports of Cheese of All Kinds, Grated or Powdered in Uruguay
In 2022, imports of cheese of all kinds, grated or powdered into Uruguay surged to 36 tons, rising by 109% compared with the previous year. Over the period under review, imports posted a significant expansion. As a result, imports attained 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 $218K in 2022. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cheese of All Kinds, Grated or Powdered in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 29.1 | 104 | 81.1 | 161 | 76.9% |
| Argentina | N/A | N/A | N/A | 47.8 | 0% |
| Brazil | N/A | N/A | N/A | 6.0 | 0% |
| Switzerland | 86.6 | 2.4 | N/A | N/A | -97.2% |
| Denmark | 3.3 | 12.0 | 28.1 | N/A | 191.8% |
| Others | N/A | N/A | 3.3 | 3.4 | 3.0% |
| Total | 119 | 119 | 113 | 218 | 22.4% |
Top Suppliers of Cheese of All Kinds, Grated or Powdered to Uruguay in 2022:
- United States (27.4 tons)
- Argentina (7.3 tons)
- Brazil (1.0 tons)
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