Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Saudi Arabia - 2022

Contents:

  1. Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Saudi Arabia (CIF) - 2022
  2. Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Saudi Arabia (FOB) - 2022
  3. Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Saudi Arabia
  4. Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Saudi Arabia

Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Saudi Arabia (CIF) - 2022

In 2022, the average import price for cheese, blue-veined (not grated, powdered or processed) amounted to $7,252 per ton, which is down by -4.5% against the previous year. In general, the import price, however, saw a modest expansion. The most prominent rate of growth was recorded in 2019 an increase of 74% against the previous year. The import price peaked at $7,597 per ton in 2021, and then contracted in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($8,116 per ton), while the price for Denmark amounted to $7,212 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+94.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Saudi Arabia (FOB) - 2022

The average export price for cheese, blue-veined (not grated, powdered or processed) stood at $2,702 per ton in 2022, approximately reflecting the previous year. In general, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2015 when the average export price increased by 40%. As a result, the export price attained the peak level of $5,839 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2013 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Saudi Arabia

In 2022, imports of cheese, blue-veined (not grated, powdered or processed) into Saudi Arabia skyrocketed to 70 tons, with an increase of 25% compared with the previous year's figure. Over the period under review, imports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 553%. As a result, imports attained the peak of 84 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cheese, blue-veined (not grated, powdered or processed) skyrocketed to $507K in 2022. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 537%. As a result, imports attained the peak of $590K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Saudi Arabia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark65.832129348294.2%
United States26.819.90.725.6-1.5%
GermanyN/A242107N/A-55.8%
OthersN/A6.624.3N/A268.2%
Total92.659042550776.3%

Top Suppliers of Cheese, Blue-Veined (Not Grated, Powdered or Processed) to Saudi Arabia in 2022:

  1. Denmark (66.8 tons)
  2. United States (3.1 tons)

Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Saudi Arabia

After two years of decline, shipments abroad of cheese, blue-veined (not grated, powdered or processed) increased by 16% to 21 tons in 2022. Over the period under review, exports, however, continue to indicate a abrupt decline.

In value terms, exports of cheese, blue-veined (not grated, powdered or processed) soared to $57K in 2022. In general, exports, however, faced a abrupt contraction.

Export of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Saudi Arabia (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
MaldivesN/A57.50%
Bahrain1.4N/A0%
Others48.4N/A0%
Total49.757.515.7%

Top Export Markets for Cheese, Blue-Veined (Not Grated, Powdered or Processed) from Saudi Arabia in 2022:

  1. Maldives (21.3 tons)

Source: IndexBox Market Intelligence Platform

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