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

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

The EU market for processed cheese (excluding grated or powdered) expanded slightly to $X in 2020, picking up by X% against the previous year. Over the period under review, consumption, however, showed a slight reduction. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. The level of consumption peaked at $X in 2008; however, from 2009 to 2020, consumption failed to regain the momentum.

Production of Processed cheese (excluding grated or powdered) in the EU

In value terms, production of processed cheese (excluding grated or powdered) reached $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2008; however, from 2009 to 2020, production failed to regain the momentum.

Production By Country in the EU

The countries with the highest volumes of production of processed cheese (excluding grated or powdered) in 2020 were Germany (X tons), France (X tons) and Spain (X tons), with a combined X% share of total production. Denmark, Poland, Belgium, Austria and Italy lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of production of processed cheese (excluding grated or powdered), amongst the key producing countries, was attained by Denmark, while production of processed cheese (excluding grated or powdered) for the other leaders experienced more modest paces of growth.

Exports of Processed cheese (excluding grated or powdered)

Exports in the EU

After two years of growth, overseas shipments of processed cheese (excluding grated or powdered) decreased by -X% to X tons in 2020. The total export 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 most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure at X tons in 2019, and then declined rapidly in the following year.

In value terms, exports of processed cheese (excluding grated or powdered) reduced markedly to $X in 2020. The total export value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. The level of export peaked at $X in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

Exports by Country

In 2020, Germany (X tons), distantly followed by France (X tons), Poland (X tons), Belgium (X tons) and Austria (X tons) represented the major exporters of processed cheese (excluding grated or powdered), together creating X% of total exports. The following exporters - the Netherlands (X tons) and Ireland (X tons) - each recorded a X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Netherlands, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest processed cheese (excluding grated or powdered) supplying countries in the European Union were Germany ($X), France ($X) and Belgium ($X), together comprising X% of total exports. These countries were followed by Poland, Austria, Ireland and the Netherlands, which together accounted for a further X the main exporting countries, the Netherlands recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the export price for processed cheese (excluding grated or powdered) in the European Union amounted to $X per ton, remaining constant against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the export price increased by 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.

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

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

Imports of Processed cheese (excluding grated or powdered)

Imports in the EU

In 2020, after three years of growth, there was decline in overseas purchases of processed cheese (excluding grated or powdered), when their volume decreased by -X% to X tons. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at X tons in 2019, and then declined in the following year.

In value terms, imports of processed cheese (excluding grated or powdered) contracted slightly to $X in 2020. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. The level of import peaked at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

France (X tons), Italy (X tons) and Germany (X tons) represented roughly X% of total imports of processed cheese (excluding grated or powdered) in 2020. It was distantly followed by Belgium (X tons), the Netherlands (X tons) and Spain (X tons), together mixing up a X% share of total imports. The following importers - the Czech Republic (X tons), Ireland (X tons), Slovakia (X tons), Romania (X tons), Austria (X tons), Hungary (X tons) and Sweden (X tons) - together made up X% of total imports.

From 2007 to 2020, the biggest increases were in Romania, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest processed cheese (excluding grated or powdered) importing markets in the European Union were Germany ($X), France ($X) and Italy ($X), with a combined X% share of total imports. These countries were followed by Belgium, the Netherlands, Spain, the Czech Republic, Ireland, Slovakia, Romania, Austria, Sweden and Hungary, which together accounted for a further X recorded the highest growth rate of the value of imports, among 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 processed cheese (excluding grated or powdered) in the European Union stood at $X per ton in 2020, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. 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 remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Austria ($X per ton) and Belgium ($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 Spain, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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