Brazil: Market for Processed cheese (excluding grated or powdered) 2021

Market Size for Processed cheese (excluding grated or powdered) in Brazil

The Brazilian market for processed cheese (excluding grated or powdered) reduced slightly to $X in 2020, dropping by -X% against the previous year. In general, the total consumption indicated a notable expansion 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, consumption decreased by -X% against 2015 indices. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2020, consumption failed to regain the momentum.

Production of Processed cheese (excluding grated or powdered) in Brazil

In value terms, production of processed cheese (excluding grated or powdered) fell modestly to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a perceptible expansion 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, production decreased by -X% against 2015 indices. The growth pace was the most rapid in 2008 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2020, production remained at a lower figure.

Exports of Processed cheese (excluding grated or powdered)

Exports from Brazil

In 2020, shipments abroad of processed cheese (excluding grated or powdered) decreased by -X% to X tons, falling for the third consecutive year after three years of growth. Over the period under review, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at X tons in 2009; however, from 2010 to 2020, exports failed to regain the momentum.

In value terms, exports of processed cheese (excluding grated or powdered) dropped to $X in 2020. Overall, exports recorded a deep slump. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2008; however, from 2009 to 2020, exports remained at a lower figure.

Exports by Country

Argentina (X tons), Chile (X tons) and Paraguay (X tons) were the main destinations of exports of processed cheese (excluding grated or powdered) from Brazil, together accounting for X% of total exports. These countries were followed by Peru, Russia and Uruguay, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Peru, while exports for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for processed cheese (excluding grated or powdered) exported from Brazil were Argentina ($X), Chile ($X) and Paraguay ($X), together comprising X% of total exports. Peru, Russia and Uruguay lagged somewhat behind, together comprising a further X recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for processed cheese (excluding grated or powdered) stood at $X per ton in 2020, with an increase of X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% year-to-year. The export price peaked at $X per ton in 2015; however, from 2016 to 2020, export prices failed to regain the momentum.

Average prices varied somewhat for the major overseas markets. In 2020, the highest prices were recorded for prices to Chile ($X per ton) and Peru ($X per ton), while the average price for exports to Uruguay ($X per ton) and Argentina ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Chile, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Processed cheese (excluding grated or powdered)

Imports into Brazil

In 2020, purchases abroad of processed cheese (excluding grated or powdered) increased by X% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2020, imports remained at a lower figure.

In value terms, imports of processed cheese (excluding grated or powdered) dropped to $X in 2020. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. Imports peaked at $X in 2015; however, from 2016 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Uruguay (X tons) was the main processed cheese (excluding grated or powdered) supplier to Brazil, accounting for a X% share of total imports. Moreover, imports of processed cheese (excluding grated or powdered) from Uruguay exceeded the figures recorded by the second-largest supplier, France (X tons), tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Uruguay totaled +X%.

In value terms, Uruguay ($X) constituted the largest supplier of processed cheese (excluding grated or powdered) to Brazil, comprising X% of total imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Uruguay stood at +X%.

Import Prices by Country

The average import price for processed cheese (excluding grated or powdered) stood at $X per ton in 2020, dropping by -X% against the previous year. Overall, the import price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the maximum at $X per ton in 2010; however, from 2011 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per ton), while the price for Uruguay amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France.

Source: IndexBox Platform

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