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Australia - Cheese And Curd - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

Australia - Cheese And Curd - Market Analysis, Forecast, Size, Trends And Insights

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Nov 7, 2023

August 2023 Sees Australia's Cheese and Curd Exports Rise Modestly to $53M

Australia Cheese And Curd Exports

Cheese and curd exports from Australia was estimated at 10K tons in August 2023, picking up by 1.5% compared with the month before. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 with an increase of 52% month-to-month.

In value terms, cheese and curd exports reached $53M (IndexBox estimates) in August 2023. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in February 2023 with an increase of 42% against the previous month.Australia Cheese And Curd Exports By Country (Million USD)

COUNTRYExport Value of Cheese And Curd in Australia (million USD)
Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023Aug 2023
Japan19.217.722.227.335.413.923.127.912.326.818.816.918.6
China4.94.66.57.04.75.410.69.84.95.612.87.56.9
Malaysia2.32.72.13.23.23.03.54.54.13.73.83.93.8
Philippines4.04.75.13.84.81.94.82.82.62.42.03.43.1
Singapore2.42.22.71.43.31.51.92.02.11.92.72.72.9
South Korea4.73.42.56.13.61.73.23.32.43.83.93.72.6
Thailand2.71.51.93.72.93.81.12.73.62.62.31.32.3
Others12.513.312.915.411.710.210.711.211.312.712.612.912.5
Total52.950.156.168.069.541.459.064.243.359.559.052.252.7

Exports by Country

Japan (3.9K tons) was the main destination for cheese and curd exports from Australia, accounting for a 39% share of total exports. Moreover, cheese and curd exports to Japan exceeded the volume sent to the second major destination, China (1.5K tons), threefold. Malaysia (693 tons) ranked third in terms of total exports with a 6.8% share.

From August 2022 to August 2023, the average monthly growth rate of volume to Japan was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: China (+2.6% per month) and Malaysia (+5.3% per month).

In value terms, Japan ($19M) remains the key foreign market for cheese and curd exports from Australia, comprising 35% of total exports. The second position in the ranking was held by China ($6.9M), with a 13% share of total exports. It was followed by Malaysia, with a 7.2% share.

From August 2022 to August 2023, the average monthly growth rate of value to Japan was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: China (+2.9% per month) and Malaysia (+4.3% per month).

Exports by Type

Fresh cheese (unripened or uncured cheese), including whey cheese and curd (5.9K tons) was the largest type of cheese and curd exported from Australia, accounting for a 58% share of total exports. Moreover, fresh cheese (unripened or uncured cheese), including whey cheese and curd exceeded the volume of the second product type, cheese, other than blue-veined, grated, powdered or processed (2.5K tons), twofold. The third position in this ranking was held by processed cheese (excluding grated or powdered) (1.4K tons), with a 14% share.

From August 2022 to August 2023, the average monthly growth rate of the volume of export of fresh cheese (unripened or uncured cheese), including whey cheese and curd was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: cheese, other than blue-veined, grated, powdered or processed (-0.2% per month) and processed cheese (excluding grated or powdered) (-0.7% per month).

In value terms, fresh cheese (unripened or uncured cheese), including whey cheese and curd ($27M), cheese, other than blue-veined, grated, powdered or processed ($14M) and processed cheese (excluding grated or powdered) ($8.1M) were the most exported types of cheese and curd from Australia worldwide, with a combined 93% share of total exports.

Fresh cheese (unripened or uncured cheese), including whey cheese and curd, with a CAGR of +0.6%, saw the highest growth rate of the value of exports, among the main product categories over the period under review, while shipments for the other products experienced a decline.

Export Prices by Country

In August 2023, the cheese and curd price stood at $5,206 per ton (FOB, Australia), standing approximately at the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 4.6% m-o-m. As a result, the export price attained the peak level of $5,602 per ton. From February 2023 to August 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In August 2023, the highest price was recorded for prices to the Philippines ($6,587 per ton) and New Zealand ($6,272 per ton), while the average price for exports to China ($4,616 per ton) and Japan ($4,743 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cheese and curd market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 901 - Cheese from Whole Cow Milk
  • FCL 904 - Cheese from Skimmed Cow Milk
  • FCL 905 - Whey Cheese
  • FCL 907 - Processed Cheese
  • FCL 955 - Cheese of Buffalo Milk
  • FCL 984 - Cheese of Sheep Milk
  • FCL 1021 - Cheese of Goat Milk

Country coverage:

  • Australia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Australia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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