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

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

The East European market for processed cheese (excluding grated or powdered) shrank slightly to $X in 2020, which is down by -X% against the previous year. In general, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. From 2009 to 2020, the growth of the market failed to regain the momentum.

Production of Processed cheese (excluding grated or powdered) in Eastern Europe

In value terms, production of processed cheese (excluding grated or powdered) contracted slightly to $X in 2020 estimated in export prices. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. As a result, production reached the peak level of $X. From 2009 to 2020, production growth remained at a lower figure.

Production By Country in Eastern Europe

Russia (X tons) remains the largest processed cheese (excluding grated or powdered) producing country in Eastern Europe, accounting for X% of total volume. Moreover, production of processed cheese (excluding grated or powdered) in Russia exceeded the figures recorded by the second-largest producer, Poland (X tons), twofold. The third position in this ranking was occupied by Ukraine (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume in Russia totaled +X%. The remaining producing countries recorded the following average annual rates of production growth: Poland (-X% per year) and Ukraine (-X% per year).

Exports of Processed cheese (excluding grated or powdered)

Exports in Eastern Europe

Exports of processed cheese (excluding grated or powdered) expanded rapidly to X tons in 2020, increasing by X% compared with 2019 figures. Total exports indicated notable growth from 2007 to 2020: its volume 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, exports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2020, exports remained at a lower figure.

In value terms, exports of processed cheese (excluding grated or powdered) totaled $X in 2020. Total exports indicated a tangible increase 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, exports increased by +X% against 2015 indices. The growth pace was the most rapid in 2012 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Poland represented the main exporter of processed cheese (excluding grated or powdered) in Eastern Europe, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2020. Russia (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by Hungary (X%), Slovakia (X%) and the Czech Republic (X%).

From 2007 to 2020, average annual rates of growth with regard to processed cheese (excluding grated or powdered) exports from Poland stood at +X%. At the same time, Hungary (+X%) and the Czech Republic (+X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +X% from 2007-2020. Russia experienced a relatively flat trend pattern. By contrast, Slovakia (-X%) illustrated a downward trend over the same period. Hungary (+X p.p.), Poland (+X p.p.) and the Czech Republic (+X p.p.) significantly strengthened its position in terms of the total exports, while Russia and Slovakia saw its share reduced by -X% and -X% from 2007 to 2020, respectively.

In value terms, Poland ($X) remains the largest processed cheese (excluding grated or powdered) supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was occupied by Hungary ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value in Poland totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Hungary (+X% per year) and Russia (+X% per year).

Export Prices by Country

The export price for processed cheese (excluding grated or powdered) in Eastern Europe stood at $X per ton in 2020, remaining relatively unchanged against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. As a result, export price attained the peak level of $X per ton. From 2009 to 2020, the growth in terms of the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in Hungary ($X per ton) and Slovakia ($X per ton), while Poland ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hungary, while the other leaders experienced mixed trends in the export price figures.

Imports of Processed cheese (excluding grated or powdered)

Imports in Eastern Europe

In 2020, imports of processed cheese (excluding grated or powdered) in Eastern Europe contracted slightly to X tons, stabilizing at the previous year's figure. The total import volume increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. The volume of import peaked at X tons in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

In value terms, imports of processed cheese (excluding grated or powdered) contracted to $X in 2020. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the Czech Republic (X tons), Slovakia (X tons), Romania (X tons), Ukraine (X tons), Hungary (X tons), Poland (X tons) and Russia (X tons) represented the major importer of processed cheese (excluding grated or powdered) in Eastern Europe, comprising X% of total import.

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

In value terms, the largest processed cheese (excluding grated or powdered) importing markets in Eastern Europe were the Czech Republic ($X), Slovakia ($X) and Romania ($X), with a combined X% share of total imports.

Among the main importing countries, Romania saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the import price for processed cheese (excluding grated or powdered) in Eastern Europe amounted to $X per ton, approximately mirroring the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2009 to 2020, the growth in terms of the import prices failed to regain the momentum.

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Russia ($X per ton) and Poland ($X per ton), while Romania ($X per ton) and Slovakia ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Russia, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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