South Africa - Cheese And Curd - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSouth Africa Sees 4% Increase in Average Price of Cheese and Curd, Reaching $4,238 per Ton
South Africa Cheese And Curd Export Price in June 2023
In June 2023, the cheese and curd price amounted to $4,238 per ton (FOB, South Africa), growing by 3.6% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in November 2022 an increase of 9.8% m-o-m. The export price peaked at $4,356 per ton in January 2023; however, from February 2023 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Namibia ($5,014 per ton), while the average price for exports to Lesotho ($2,218 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+1.1%), while the prices for the other major destinations experienced a decline.
COUNTRY | Export Price of Cheese And Curd in South Africa (USD per ton) | ||||||||||||
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Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | |
Namibia | 4,401 | 4,095 | 4,753 | 4,455 | 4,374 | 4,536 | 4,814 | 4,568 | 4,705 | 4,510 | 4,611 | 4,458 | 5,014 |
Saudi Arabia | N/A | 4,840 | N/A | 4,815 | 8,353 | 5,182 | 4,753 | 4,936 | 5,054 | 5,127 | 5,151 | 5,279 | 4,591 |
Zimbabwe | 4,452 | 3,933 | 4,054 | 4,275 | 4,274 | 4,469 | 4,292 | 3,950 | 4,414 | 4,664 | 3,634 | 3,604 | 4,112 |
Mozambique | 4,650 | 3,369 | 4,468 | 4,225 | 3,627 | 4,159 | 4,017 | 4,597 | 4,200 | 4,082 | 4,379 | 4,194 | 3,957 |
Botswana | 3,995 | 3,775 | 4,090 | 3,557 | 3,340 | 3,685 | 3,393 | 4,072 | 3,335 | 3,857 | 4,274 | 3,891 | 3,916 |
Zambia | 4,283 | 3,973 | 3,937 | 3,418 | 3,594 | 3,716 | 3,936 | 3,907 | 4,009 | 3,595 | 3,594 | 3,792 | 3,591 |
Lesotho | 2,375 | 2,183 | 2,623 | 1,909 | 2,170 | 1,681 | 1,690 | 2,014 | 2,016 | 2,338 | 1,981 | 1,924 | 2,218 |
Average | 4,258 | 4,018 | 4,212 | 4,009 | 3,842 | 4,218 | 4,052 | 4,356 | 4,216 | 4,292 | 4,198 | 4,091 | 4,238 |
South Africa Cheese And Curd Export Prices by Type
Average prices varied somewhat for the major types of exported product. In June 2023, the highest price was recorded for prices to cheese, blue-veined (not grated, powdered or processed) ($4,860 per ton) and cheese, other than blue-veined, grated, powdered or processed ($4,459 per ton), while the average price for exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd ($3,587 per ton) and processed cheese (excluding grated or powdered) ($3,779 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for the following types: cheese, blue-veined (not grated, powdered or processed) (+0.4%), while the prices for the other products experienced mixed trend patterns.
South Africa Cheese And Curd Exports
In June 2023, cheese and curd exports from South Africa reduced to 1K tons, waning by -11.5% on the previous month's figure. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 when exports increased by 53% m-o-m. As a result, the exports attained the peak of 1.5K tons. From December 2022 to June 2023, the growth of the exports failed to regain momentum.
In value terms, cheese and curd exports fell to $4.4M (IndexBox estimates) in June 2023. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when exports increased by 68% against the previous month. As a result, the exports reached the peak of $6.3M. From December 2022 to June 2023, the growth of the exports failed to regain momentum.
South Africa Cheese And Curd Exports by Type
Cheese, other than blue-veined, grated, powdered or processed (668 tons) was the largest type of cheese and curd exported from South Africa, with a 64% share of total exports. Moreover, cheese, other than blue-veined, grated, powdered or processed exceeded the volume of the second product type, processed cheese (excluding grated or powdered) (193 tons), threefold. The third position in this ranking was held by cheese of all kinds, grated or powdered (104 tons), with a 10% share.
From June 2022 to June 2023, the average monthly rate of growth in terms of the volume of export of cheese, other than blue-veined, grated, powdered or processed totaled +1.5%. With regard to the other exported products, the following average monthly rates of growth were recorded: processed cheese (excluding grated or powdered) (-0.2% per month) and cheese of all kinds, grated or powdered (-4.5% per month).
In value terms, cheese, other than blue-veined, grated, powdered or processed ($3M) remains the largest type of cheese and curd exported from South Africa, comprising 68% of total exports. The second position in the ranking was taken by processed cheese (excluding grated or powdered) ($731K), with a 17% share of total exports. It was followed by cheese of all kinds, grated or powdered, with a 9.7% share.
From June 2022 to June 2023, the average monthly growth rate of the export volume of cheese, other than blue-veined, grated, powdered or processed totaled +1.7%. With regard to the other exported products, the following average monthly rates of growth were recorded: processed cheese (excluding grated or powdered) (-0.6% per month) and cheese of all kinds, grated or powdered (-5.0% per month).
South Africa Cheese And Curd Exports by Country
Namibia (241 tons), Botswana (148 tons) and Zambia (132 tons) were the main destinations of cheese and curd exports from South Africa, with a combined 50% share of total exports. Mozambique, Zimbabwe, Swaziland, Lesotho, Saudi Arabia, Mauritius, Malawi, Tanzania, Democratic Republic of the Congo and Jordan lagged somewhat behind, together comprising a further 46%.
From June 2022 to June 2023, the biggest increases were in Tanzania (with a CAGR of +22.9%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Namibia ($1.2M) remains the key foreign market for cheese and curd exports from South Africa, comprising 27% of total exports. The second position in the ranking was taken by Botswana ($580K), with a 13% share of total exports. It was followed by Zambia, with an 11% share.
From June 2022 to June 2023, the average monthly growth rate of value to Namibia amounted to +2.5%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Botswana (-0.6% per month) and Zambia (+0.8% per month).
This report provides an in-depth analysis of the cheese and curd market in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023