Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Singapore - 2022
Contents:
- Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Singapore (CIF) - 2022
- Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Singapore (FOB) - 2022
- Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Singapore
- Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Singapore
Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Singapore (CIF) - 2022
In 2022, the average import price for cheese, blue-veined (not grated, powdered or processed) amounted to $10,369 per ton, declining by -11.6% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 8.1% against the previous year. As a result, import price reached the peak level of $12,320 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($24,573 per ton), while the price for Denmark ($4,928 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+20.0%), 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 Singapore (FOB) - 2022
In 2022, the average export price for cheese, blue-veined (not grated, powdered or processed) amounted to $14,489 per ton, growing by 46% against the previous year. Overall, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cheese, blue-veined (not grated, powdered or processed) increased by +95.1% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Brunei Darussalam ($17,340 per ton), while the average price for exports to Timor-Leste ($7,094 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 Cambodia (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Singapore
In 2022, the amount of cheese, blue-veined (not grated, powdered or processed) imported into Singapore soared to 68 tons, rising by 45% against the previous year's figure. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +7.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of cheese, blue-veined (not grated, powdered or processed) skyrocketed to $709K in 2022. The total import value increased at an average annual rate of +4.0% over the period from 2019 to 2022; however, 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, Blue-Veined (Not Grated, Powdered or Processed) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 130 | 129 | 229 | 302 | 32.4% |
| Denmark | 284 | 235 | 200 | 208 | -9.9% |
| Italy | 37.8 | 27.8 | 30.4 | 51.3 | 10.7% |
| New Zealand | 16.2 | 13.7 | 16.2 | 49.0 | 44.6% |
| Greece | N/A | 68.4 | 38.9 | 47.2 | -16.9% |
| United Kingdom | 99.9 | 22.7 | 25.1 | 18.9 | -42.6% |
| Others | 61.8 | 11.6 | 14.6 | 31.9 | -19.8% |
| Total | 630 | 508 | 554 | 709 | 4.0% |
Top Suppliers of Cheese, Blue-Veined (Not Grated, Powdered or Processed) to Singapore in 2022:
- Denmark (42.3 tons)
- France (12.3 tons)
- Greece (5.7 tons)
- Italy (3.0 tons)
- New Zealand (2.1 tons)
- United Kingdom (1.4 tons)
Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Singapore
Exports of cheese, blue-veined (not grated, powdered or processed) from Singapore plummeted to 1.6 tons in 2022, dropping by -55.6% on the year before. Overall, exports saw a dramatic downturn. The pace of growth was the most pronounced in 2021 with an increase of 155% against the previous year.
In value terms, exports of cheese, blue-veined (not grated, powdered or processed) fell markedly to $23K in 2022. In general, exports faced a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 155%.
| Export of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brunei Darussalam | 9.1 | 11.3 | 19.6 | 14.4 | 16.5% |
| Hong Kong SAR | 0.7 | N/A | 9.8 | 4.7 | 88.7% |
| Indonesia | 9.8 | 1.6 | 1.0 | 2.0 | -41.1% |
| Cambodia | 4.5 | 0.8 | 4.7 | 1.0 | -39.4% |
| Timor-Leste | 0.1 | 0.5 | 0.8 | 0.8 | 100.0% |
| Australia | N/A | N/A | N/A | 0.3 | 0% |
| Philippines | 12.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 36.1 | 14.1 | 35.9 | 23.2 | -13.7% |
Top Export Markets for Cheese, Blue-Veined (Not Grated, Powdered or Processed) from Singapore in 2022:
- Brunei Darussalam (830.0 kg)
- Hong Kong SAR (425.0 kg)
- Indonesia (135.0 kg)
- Timor-Leste (106.0 kg)
- Cambodia (64.0 kg)
- Australia (44.0 kg)
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