Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Sri Lanka - 2022
Contents:
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Sri Lanka (CIF) - 2022
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Sri Lanka (FOB) - 2022
- Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Sri Lanka
- Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Sri Lanka
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Sri Lanka (CIF) - 2022
In 2022, the average import price for cheese, other than blue-veined, grated, powdered or processed amounted to $6,357 per ton, jumping by 31% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($12,971 per ton), while the price for Italy ($4,645 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+15.5%), 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 Sri Lanka (FOB) - 2022
The average export price for cheese, other than blue-veined, grated, powdered or processed stood at $7,484 per ton in 2022, declining by -2.7% against the previous year. Overall, the export price recorded a noticeable decline. The most prominent rate of growth was recorded in 2014 an increase of 30%. The export price peaked at $12,054 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($7,531 per ton), while the average price for exports to Solomon Islands stood at $5,744 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+24.7%).
Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Sri Lanka
In 2022, purchases abroad of cheese, other than blue-veined, grated, powdered or processed decreased by -54.7% to 97 tons, falling for the second consecutive year after two years of growth. Overall, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2020 when imports increased by 48%. As a result, imports attained the peak of 276 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of cheese, other than blue-veined, grated, powdered or processed contracted remarkably to $617K in 2022. Over the period under review, imports faced a abrupt contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 62% against the previous year. As a result, imports reached the peak of $1.4M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 169 | 347 | 331 | 311 | 22.5% |
| France | 20.2 | 4.4 | 2.0 | 86.9 | 62.6% |
| United Arab Emirates | 98.8 | 156 | 89.8 | 62.9 | -14.0% |
| United Kingdom | 22.8 | 56.9 | 29.5 | 46.8 | 27.1% |
| Netherlands | 23.6 | 30.2 | 27.2 | 37.5 | 16.7% |
| Italy | 28.7 | 14.5 | 17.5 | 36.6 | 8.4% |
| Denmark | 37.9 | 48.8 | 8.8 | 31.3 | -6.2% |
| India | 141 | 119 | 53.7 | 0.1 | -91.1% |
| Austria | 5.5 | 594 | 236 | N/A | 555.1% |
| Others | 335 | 61.9 | 246 | 4.2 | -76.8% |
| Total | 882 | 1,432 | 1,043 | 617 | -11.2% |
Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to Sri Lanka in 2022:
- Australia (60.0 tons)
- United Arab Emirates (8.9 tons)
- Italy (7.9 tons)
- France (6.7 tons)
- Denmark (5.3 tons)
- Netherlands (4.0 tons)
- United Kingdom (3.7 tons)
Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Sri Lanka
Exports of cheese, other than blue-veined, grated, powdered or processed from Sri Lanka skyrocketed to 6 tons in 2022, picking up by 127% compared with the previous year. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,844% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of cheese, other than blue-veined, grated, powdered or processed soared to $45K in 2022. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 2,105%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 0.4 | 9.7 | 19.4 | 43.7 | 378.1% |
| Solomon Islands | N/A | N/A | N/A | 0.9 | 0% |
| Others | N/A | 0.7 | 0.9 | N/A | 28.6% |
| Total | 0.5 | 10.3 | 20.2 | 44.6 | 346.8% |
Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from Sri Lanka in 2022:
- Maldives (5.8 tons)
- Solomon Islands (0.2 tons)
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