Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ukraine - 2023

Contents:

  1. Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ukraine (CIF) - 2023
  2. Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ukraine (FOB) - 2023
  3. Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ukraine
  4. Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ukraine

Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ukraine (CIF) - 2023

In November 2023, the average import price for cheese, other than blue-veined, grated, powdered or processed amounted to $6,520 per ton, surging by 4.2% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 an increase of 5.7% m-o-m. Over the period under review, average import prices reached the peak figure at $6,977 per ton in January 2023; however, from February 2023 to November 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Italy ($11,398 per ton), while the price for the Netherlands ($4,929 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 (+1.6%), 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 Ukraine (FOB) - 2023

In November 2023, the average export price for cheese, other than blue-veined, grated, powdered or processed amounted to $5,089 per ton, with an increase of 2.8% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 12% month-to-month. Over the period under review, the average export prices reached the peak figure at $5,676 per ton in April 2023; however, from May 2023 to November 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In November 2023, the countries with the highest prices were Kyrgyzstan ($5,781 per ton) and Kazakhstan ($5,378 per ton), while the average price for exports to Latvia ($4,591 per ton) and Uzbekistan ($4,800 per ton) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+0.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ukraine

After three years of growth, purchases abroad of cheese, other than blue-veined, grated, powdered or processed decreased by -38.6% to 17K tons in 2022. Overall, imports, however, showed buoyant growth. The growth pace was the most rapid in 2020 with an increase of 119%.

In value terms, imports of cheese, other than blue-veined, grated, powdered or processed shrank markedly to $104M in 2022. Over the period under review, imports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2020 with an increase of 111%.

Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland25.565.564.753.528.0%
Netherlands9.617.426.017.421.9%
France12.217.718.510.1-6.1%
Lithuania2.04.18.06.145.0%
Germany2.45.98.35.632.6%
Italy3.15.97.33.87.0%
Latvia0.93.02.11.621.1%
Others4.98.410.45.85.8%
Total60.712814610419.7%

Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to Ukraine in 2022:

  1. Poland (9.0K tons)
  2. Netherlands (3.0K tons)
  3. France (1.8K tons)
  4. Lithuania (0.9K tons)
  5. Germany (0.9K tons)
  6. Italy (0.4K tons)
  7. Latvia (0.3K tons)

Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ukraine

In 2022, shipments abroad of cheese, other than blue-veined, grated, powdered or processed was finally on the rise to reach 7.4K tons after two years of decline. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +10.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 soared to $37M in 2022. Overall, exports recorded buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan11.211.812.215.912.4%
PolandN/AN/AN/A10.80%
Moldova6.55.36.36.4-0.5%
LatviaN/AN/AN/A1.30%
Uzbekistan0.20.10.20.858.7%
Egypt2.01.0N/AN/A-50.0%
Others2.91.51.41.7-16.3%
Total22.819.720.136.917.4%

Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from Ukraine in 2022:

  1. Kazakhstan (2.8K tons)
  2. Poland (2.5K tons)
  3. Moldova (1.3K tons)
  4. Latvia (0.3K tons)
  5. Uzbekistan (0.1K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Dairy produce; cheese (not grated, powdered or processed), n.e.s. in heading no. 0406 - Ukraine