France: Cheese And Curd Market 2024

Cheese And Curd Market Size in France

The French cheese and curd market soared to $X in 2022, rising by 17% against the previous year. The market value increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Cheese And Curd Production in France

In value terms, cheese and curd production surged to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Cheese And Curd Exports

Exports from France

In 2022, shipments abroad of cheese and curd increased by less than 0.1% to X tons, rising for the second consecutive year after two years of decline. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by 10% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, cheese and curd exports reduced to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by 7.9% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Spain (X tons) and the Netherlands (X tons) were the main destinations of cheese and curd exports from France, together comprising 42% of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +8.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Spain ($X) were the largest markets for cheese and curd exported from France worldwide, with a combined 44% share of total exports. The UK, Luxembourg, Italy, the United States, the Netherlands, Switzerland, Japan, Denmark and Portugal lagged somewhat behind, together accounting for a further 38%.

Among the main countries of destination, Portugal, with a CAGR of +6.4%, saw the highest rates of growth with regard to 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

The average cheese and curd export price stood at $X per ton in 2022, remaining stable against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 6.5%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Cheese And Curd Imports

Imports into France

For the eleventh year in a row, France recorded growth in overseas purchases of cheese and curd, which increased by 5.2% to X tons in 2022. In general, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.6% against 2012 indices. The most prominent rate of growth was recorded in 2015 with an increase of 10%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, cheese and curd imports expanded sharply to $X in 2022. Over the period under review, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.1% against 2015 indices. The pace of growth was the most pronounced in 2021 when imports increased by 14% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Italy (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of cheese and curd imports to France, with a combined 68% share of total imports. The UK, Belgium, Spain, Ireland and Denmark lagged somewhat behind, together comprising a further 25%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +10.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cheese and curd suppliers to France were Italy ($X), the Netherlands ($X) and Germany ($X), together accounting for 69% of total imports. The UK, Belgium, Spain, Ireland and Denmark lagged somewhat behind, together accounting for a further 23%.

Spain, with a CAGR of +12.8%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cheese and curd import price stood at $X per ton in 2022, rising by 7.5% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 9.4%. Over the period under review, average import prices reached the maximum at $X per ton in 2014; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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