Price for Cheese of All Kinds, Grated or Powdered in Peru - 2022

Contents:

  1. Price for Cheese of All Kinds, Grated or Powdered in Peru (CIF) - 2022
  2. Price for Cheese of All Kinds, Grated or Powdered in Peru (FOB) - 2022
  3. Imports of Cheese of All Kinds, Grated or Powdered in Peru
  4. Exports of Cheese of All Kinds, Grated or Powdered in Peru

Price for Cheese of All Kinds, Grated or Powdered in Peru (CIF) - 2022

The average import price for cheese of all kinds, grated or powdered stood at $5,996 per ton in 2022, increasing by 30% against the previous year. Over the last decade, it increased at an average annual rate of +4.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($10,612 per ton), while the price for the United States ($5,818 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+16.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cheese of All Kinds, Grated or Powdered in Peru (FOB) - 2022

In 2022, the average export price for cheese of all kinds, grated or powdered amounted to $4,731 per ton, with an increase of 56% against the previous year. Overall, the export price, however, saw a noticeable reduction. The export price peaked at $6,091 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($4,800 per ton), while the average price for exports to Aruba amounted to $4,714 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (+142.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cheese of All Kinds, Grated or Powdered in Peru

In 2022, approx. 1.8K tons of cheese of all kinds, grated or powdered were imported into Peru; which is down by -6.9% against 2021 figures. Overall, imports continue to indicate a mild descent. The most prominent rate of growth was recorded in 2021 when imports increased by 74% against the previous year. As a result, imports attained the peak of 1.9K tons, and then fell in the following year.

In value terms, imports of cheese of all kinds, grated or powdered skyrocketed to $11M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 54% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Cheese of All Kinds, Grated or Powdered in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.55.38.49.68.6%
New Zealand0.10.1N/A0.791.3%
Others0.10.20.20.226.0%
Total7.75.68.710.510.9%

Top Suppliers of Cheese of All Kinds, Grated or Powdered to Peru in 2022:

  1. United States (1657.7 tons)
  2. New Zealand (76.2 tons)

Exports of Cheese of All Kinds, Grated or Powdered in Peru

In 2022, the amount of cheese of all kinds, grated or powdered exported from Peru contracted significantly to 26 kg, dropping by -27.8% on the year before. In general, exports showed a precipitous shrinkage. The growth pace was the most rapid in 2021 when exports increased by 5.9%.

In value terms, exports of cheese of all kinds, grated or powdered totaled $123 in 2022. Over the period under review, exports showed a sharp shrinkage.

Export of Cheese of All Kinds, Grated or Powdered in Peru (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Aruba39983.017.099.0-37.2%
VenezuelaN/AN/AN/A24.00%
Barbados1,110N/AN/AN/A0%
CubaN/A26.07.0N/A-73.1%
Saudi ArabiaN/AN/A84.0N/A0%
OthersN/AN/A1.0N/A0%
Total1,509109109123-56.6%

Top Export Markets for Cheese of All Kinds, Grated or Powdered from Peru in 2022:

  1. Aruba (21.0 kg)
  2. Venezuela (5.0 kg)

Source: IndexBox Market Intelligence Platform

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