Asia: Market for Fresh cheese (unripened or uncured cheese), including whey cheese and curd 2021

Market Size for Fresh cheese (unripened or uncured cheese), including whey cheese and curd in Asia

For the tenth year in a row, the Asian market for fresh cheese (unripened or uncured cheese), including whey cheese and curd recorded growth in sales value, which increased by X% to $X in 2020. The total consumption indicated noticeable growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2012 when the market value increased by X% year-to-year. The level of consumption peaked in 2020 and is expected to retain growth in the near future.

Production of Fresh cheese (unripened or uncured cheese), including whey cheese and curd in Asia

In value terms, production of fresh cheese (unripened or uncured cheese), including whey cheese and curd expanded sharply to $X in 2020 estimated in export prices. The total production indicated a remarkable increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2010 indices. The growth pace was the most rapid in 2012 when the production volume increased by X% year-to-year. Over the period under review, production attained the maximum level in 2020 and is likely to continue growth in years to come.

Production By Country in Asia

China (X tons) constituted the country with the largest volume of production of fresh cheese (unripened or uncured cheese), including whey cheese and curd, comprising approx. X% of total volume. Moreover, production of fresh cheese (unripened or uncured cheese), including whey cheese and curd in China exceeded the figures recorded by the second-largest producer, India (X tons), threefold. Japan (X tons) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual growth rate of volume in China stood at +X%. The remaining producing countries recorded the following average annual rates of production growth: India (+X% per year) and Japan (+X% per year).

Exports of Fresh cheese (unripened or uncured cheese), including whey cheese and curd

Exports in Asia

Exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd totaled X tons in 2020, surging by X% against the previous year. Overall, exports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% y-o-y. As a result, exports attained the peak of X tons. From 2019 to 2020, the growth of exports failed to regain the momentum.

In value terms, exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd rose markedly to $X in 2020. Over the period under review, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. From 2019 to 2020, the growth of exports failed to regain the momentum.

Exports by Country

Saudi Arabia dominates exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd structure, recording X tons, which was near X% of total exports in 2020. Jordan (X tons) occupied a X% share (based on tons) of total exports, which put it in second place, followed by Cyprus (X%). The following exporters - the United Arab Emirates (X tons), Syrian Arab Republic (X tons), Armenia (X tons), Kazakhstan (X tons), Turkey (X tons), India (X tons) and Singapore (X tons) - together made up X% of total exports.

From 2007 to 2020, average annual rates of growth with regard to fresh cheese (unripened or uncured cheese), including whey cheese and curd exports from Saudi Arabia stood at +X%. At the same time, Cyprus (+X%), Armenia (+X%), Kazakhstan (+X%), Syrian Arab Republic (+X%), Jordan (+X%), the United Arab Emirates (+X%) and Singapore (+X%) displayed positive paces of growth. Moreover, Cyprus emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2007-2020. India and Turkey experienced a relatively flat trend pattern. From 2007 to 2020, the share of Saudi Arabia, Cyprus and Armenia increased by +X%, +X% and +X% percentage points, while Singapore (-X p.p.), India (-X p.p.) and Turkey (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) remains the largest fresh cheese (unripened or uncured cheese), including whey cheese and curd supplier in Asia, comprising X% of total exports. The second position in the ranking was occupied by Jordan ($X), with a X% share of total exports. It was followed by Armenia, with a X% share.

In Saudi Arabia, exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Jordan (+X% per year) and Armenia (+X% per year).

Export Prices by Country

In 2020, the export price for fresh cheese (unripened or uncured cheese), including whey cheese and curd in Asia amounted to $X per ton, almost unchanged from the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the export price increased by X% against the previous year. Over the period under review, export prices hit record highs at $X per ton in 2013; however, from 2014 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Jordan ($X per ton), while Cyprus ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Jordan, while the other leaders experienced more modest paces of growth.

Imports of Fresh cheese (unripened or uncured cheese), including whey cheese and curd

Imports in Asia

In 2020, purchases abroad of fresh cheese (unripened or uncured cheese), including whey cheese and curd decreased by -X% to X tons for the first time since 2017, thus ending a two-year rising trend. In general, imports, however, saw tangible growth. The growth pace was the most rapid in 2010 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2019, and then declined sharply in the following year.

In value terms, imports of fresh cheese (unripened or uncured cheese), including whey cheese and curd reduced dramatically to $X in 2020. Overall, imports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2019, and then dropped sharply in the following year.

Imports by Country

South Korea (X tons) and Japan (X tons) were the main importers of fresh cheese (unripened or uncured cheese), including whey cheese and curd in 2020, reaching near X% and X% of total imports, respectively. It was distantly followed by China (X tons), making up a X% share of total imports. The following importers - Saudi Arabia (X tons), Kazakhstan (X tons), the Philippines (X tons), Taiwan (Chinese) (X tons), Jordan (X tons) and the United Arab Emirates (X tons) - together made up X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Jordan, while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), South Korea ($X) and China ($X) appeared to be the countries with the highest levels of imports in 2020, together comprising X% of total imports. Saudi Arabia, the United Arab Emirates, the Philippines, Kazakhstan, Taiwan (Chinese) and Jordan lagged somewhat behind, together accounting for a further X saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price for fresh cheese (unripened or uncured cheese), including whey cheese and curd in Asia stood at $X per ton in 2020, growing by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 an increase of X% year-to-year. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the United Arab Emirates ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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