China - Cheese - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCheese Prices in China
China Cheese Import Price in August 2022
In August 2022, the cheese price amounted to $5,310 per ton (CIF, China), stabilizing at the previous month. Over the last seven-month period, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in June 2022 when the average import price increased by 4% against the previous month. As a result, import price reached the peak level of $5,376 per ton. From July 2022 to August 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($6,953 per ton), while the price for Australia ($4,538 per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
China Cheese Import Prices by Type
Prices varied noticeably by the product type; the product with the highest price was cheese, blue-veined (not grated, powdered or processed) ($15.2 per kg), while the price for fresh cheese (unripened or uncured cheese), including whey cheese and curd ($4,932 per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by cheese, blue-veined (not grated, powdered or processed) (+6.2%), while the prices for the other products experienced more modest paces of growth.
China Cheese Imports
In August 2022, cheese imports into China skyrocketed to 14K tons, growing by 22% against the previous month's figure. Overall, total imports indicated tangible growth from January 2022 to August 2022: its volume increased at an average monthly rate of +2.2% over the last seven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, imports increased by +46.6% against June 2022 indices. The growth pace was the most rapid in May 2022 with an increase of 53% month-to-month. As a result, imports reached the peak of 17K tons. From June 2022 to August 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cheese imports soared to $75M (IndexBox estimates) in August 2022. Over the period under review, total imports indicated a tangible expansion from January 2022 to August 2022: its value increased at an average monthly rate of +3.3% over the last seven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, imports increased by +44.8% against June 2022 indices. The pace of growth appeared the most rapid in May 2022 with an increase of 52% month-to-month. As a result, imports attained the peak of $87M. From June 2022 to August 2022, the growth of imports failed to regain momentum.
China Cheese Imports by Type
Fresh cheese (unripened or uncured cheese), including whey cheese and curd (5.6K tons), cheese, other than blue-veined, grated, powdered or processed (5.6K tons) and processed cheese (excluding grated or powdered) (1.6K tons) were the main products of cheese imports to China, together comprising 92% of total imports.
From January 2022 to August 2022, the biggest increases were in cheese, other than blue-veined, grated, powdered or processed (with a CAGR of +7.2%), while purchases for the other products experienced more modest paces of growth.
In value terms, cheese, other than blue-veined, grated, powdered or processed ($30M), fresh cheese (unripened or uncured cheese), including whey cheese and curd ($28M) and processed cheese (excluding grated or powdered) ($8.8M) were the most imported types of cheese in China, with a combined 90% share of total imports.
China Cheese Imports by Country
In August 2022, New Zealand (8.1K tons) constituted the largest supplier of cheese to China, with a 58% share of total imports. Moreover, cheese imports from New Zealand exceeded the figures recorded by the second-largest supplier, Australia (2.3K tons), fourfold. Denmark (982 tons) ranked third in terms of total imports with a 7% share.
From January 2022 to August 2022, the average monthly rate of growth in terms of volume from New Zealand totaled +2.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: Australia (+5.0% per month) and Denmark (+15.5% per month).
In value terms, New Zealand ($42M) constituted the largest supplier of cheese to China, comprising 56% of total imports. The second position in the ranking was held by Australia ($11M), with a 14% share of total imports. It was followed by Italy, with a 6.7% share.
From January 2022 to August 2022, the average monthly growth rate of value from New Zealand stood at +4.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: Australia (+5.3% per month) and Italy (+2.0% per month).
This report provides an in-depth analysis of the cheese market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
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This report provides an in-depth analysis of the cheese market in China.
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This report provides an in-depth analysis of the cheese and curd market in China.
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This report provides an in-depth analysis of the market for grated and blue cheese in China.
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This report provides an in-depth analysis of the market for processed cheese (excluding grated or powdered) in China.
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This report provides an in-depth analysis of the market for fresh cheese (unripened or uncured cheese), including whey cheese and curd in China.
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This report provides an in-depth analysis of the global cheese market.
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This report provides an in-depth analysis of the global cheese and curd market.
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Global Grated And Blue Cheese Market Report 2018. This report provides an in-depth analysis of the global market for grated and blue cheese.
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This report provides an in-depth analysis of the global market for processed cheese (excluding grated or powdered).
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This report provides an in-depth analysis of the global market for fresh cheese (unripened or uncured cheese), including whey cheese and curd.
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In 2020, the amount of cheese imported into China was estimated at 129K tons, picking up by 13% on 2019. In value terms, supplies rose notably from $522M to $590M. Over the past decade, the volume of cheese imported to China soared by 40%.
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In February 2023, the cheese and curd price stayed the same at $5,647 per ton, CIF for China.
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The global cheese market is forecast to reach a value of $123.2 billion by 2030, growing at a CAGR of around 4.2% during 2022-2030.
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In 2019, the global cheese market increased by 2.3% to $114.1B, rising for the third year in a row after two years of...
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The global cheese market revenue amounted to $111.7B in 2018, going up by 3.2% against the previous year. This figure refl...
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In 2015, the cheese market was estimated at X thousand tons.
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From 2007 to 2015, the global cheese market showed an upward trend. In 2015, the cheese market was estimated at X thousand tons. In value terms, the cheese market value seesawed due to price fluctuations. It stood at X million USD, which wa
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Global cheese market production was estimated at X million USD in 2015, a decrease of X million USD (X%) against 2014. In physical terms, the production of cheese was estimated at X million USD in 2015, which was X million USD (X%) mo
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From 2007 to 2015, global cheese exports increased by +X% per year, amounting to X billion USD in 2015. In physical terms, exports on the global cheese market reached X thousand tons in 2015, an increase of X thousand tons against the pr
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The total value of global cheese imports in 2015 stood at X billion USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, cheese imports reached X thousand tons in 2015, an increase of X thousand ton
