Spain - Cheese - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCheese Price in Spain Drops 3%, Averaging $5,557 per Ton After Two Consecutive Months of Contraction
Spain Cheese Import Price in February 2023
In February 2023, the cheese price stood at $5,557 per ton (CIF, Spain), falling by -2.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.1%. The most prominent rate of growth was recorded in June 2022 an increase of 19% m-o-m. Over the period under review, average import prices attained the peak figure at $5,755 per ton in December 2022; however, from January 2023 to February 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was Italy ($8,437 per ton), while the price for Poland ($4,601 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
| COUNTRY | Import Price of Cheese in Spain (USD per ton) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | |
| Italy | 4,791 | 4,597 | 5,730 | 5,697 | 7,086 | 6,947 | 7,285 | 7,354 | 7,354 | 8,098 | 7,863 | 8,599 | 8,437 |
| Portugal | 4,255 | 4,222 | 4,582 | 4,273 | 4,947 | 5,251 | 4,412 | 4,549 | 4,584 | 5,094 | 3,036 | 3,868 | 5,500 |
| France | 3,436 | 3,343 | 3,857 | 3,931 | 5,064 | 5,156 | 5,272 | 4,380 | 4,852 | 5,371 | 5,631 | 5,784 | 5,486 |
| Netherlands | 4,606 | 4,386 | 4,720 | 4,802 | 5,176 | 5,192 | 5,247 | 5,290 | 5,269 | 5,494 | 5,620 | 5,596 | 5,382 |
| Denmark | 4,411 | 4,610 | 4,846 | 4,619 | 5,097 | 5,217 | 5,344 | 5,225 | 5,296 | 5,567 | 5,616 | 5,259 | 5,308 |
| Germany | 3,451 | 3,677 | 4,298 | 4,607 | 5,254 | 5,174 | 5,162 | 5,054 | 5,111 | 5,370 | 5,788 | 5,527 | 5,019 |
| Belgium | 3,788 | 3,673 | 3,924 | 4,050 | 4,179 | 4,432 | 4,881 | 4,879 | 4,480 | 4,219 | 4,803 | 4,414 | 4,654 |
| Poland | 4,346 | 4,503 | 4,641 | 4,729 | 4,879 | 5,017 | 4,857 | 4,871 | 4,529 | 5,112 | 4,940 | 4,547 | 4,601 |
| Average | 3,852 | 3,803 | 4,394 | 4,458 | 5,294 | 5,369 | 5,406 | 5,232 | 5,284 | 5,572 | 5,755 | 5,702 | 5,557 |
Spain Cheese Import Prices by Type
There were significant differences in the average prices amongst the major supplied products. In February 2023, the product with the highest price was cheese, blue-veined (not grated, powdered or processed) ($9,220 per ton), while the price for fresh cheese (unripened or uncured cheese), including whey cheese and curd ($4,217 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by cheese, blue-veined (not grated, powdered or processed) (+9.4%), while the prices for the other products experienced more modest paces of growth.
Spain Cheese Imports
In February 2023, purchases abroad of cheese decreased by -3.8% to 25K tons, falling for the second consecutive month after two months of growth. Over the period under review, imports saw a mild slump. The pace of growth was the most pronounced in March 2022 when imports increased by 22% m-o-m. As a result, imports attained the peak of 39K tons. From April 2022 to February 2023, the growth of imports remained at a somewhat lower figure.
In value terms, cheese imports shrank to $141M (IndexBox estimates) in February 2023. The total import value increased at an average monthly rate of +1.2% from February 2022 to February 2023; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain months. The most prominent rate of growth was recorded in March 2022 with an increase of 21% m-o-m.
Spain Cheese Imports by Type
Cheese, other than blue-veined, grated, powdered or processed (14K tons), fresh cheese (unripened or uncured cheese), including whey cheese and curd (9.1K tons) and cheese of all kinds, grated or powdered (1.4K tons) were the main products of cheese imports to Spain, together accounting for 95% of total imports.
From February 2022 to February 2023, the most notable rate of growth in terms of purchases, amongst the major product types, was attained by fresh cheese (unripened or uncured cheese), including whey cheese and curd (with a CAGR of +0.6%), while imports for the other products experienced a decline.
In value terms, cheese, other than blue-veined, grated, powdered or processed ($83M) constituted the largest type of cheese supplied to Spain, comprising 59% of total imports. The second position in the ranking was held by fresh cheese (unripened or uncured cheese), including whey cheese and curd ($39M), with a 27% share of total imports. It was followed by cheese of all kinds, grated or powdered, with a 7.7% share.
Spain Cheese Imports by Country
The Netherlands (6.8K tons), Germany (5.3K tons) and France (4.5K tons) were the main suppliers of cheese imports to Spain, with a combined 65% share of total imports. These countries were followed by Italy, Belgium, Denmark, Poland and Portugal, which together accounted for a further 28%.
From February 2022 to February 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of +3.4%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest cheese suppliers to Spain were the Netherlands ($37M), Germany ($27M) and France ($25M), together accounting for 62% of total imports. Italy, Belgium, Denmark, Poland and Portugal lagged somewhat behind, together comprising a further 32%.
Portugal, with a CAGR of +5.6%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the cheese market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
