Latin America and the Caribbean: 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 Latin America and the Caribbean

In 2020, the Latin American market for fresh cheese (unripened or uncured cheese), including whey cheese and curd increased by X% to $X, rising for the fourth year in a row after two years of decline. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. The level of consumption peaked in 2020 and is expected to retain growth in years to come.

Production of Fresh cheese (unripened or uncured cheese), including whey cheese and curd in Latin America and the Caribbean

In value terms, production of fresh cheese (unripened or uncured cheese), including whey cheese and curd expanded markedly to $X in 2020 estimated in export prices. The total production indicated temperate 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, production increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2008 when the production volume increased by X% y-o-y. The level of production peaked in 2020 and is expected to retain growth in the immediate term.

Production By Country in Latin America and the Caribbean

The countries with the highest volumes of production of fresh cheese (unripened or uncured cheese), including whey cheese and curd in 2020 were Brazil (X tons), Mexico (X tons) and Argentina (X tons), together comprising X% of total production. These countries were followed by Colombia, Venezuela, Peru, Chile, Cuba, Ecuador, the Dominican Republic, Guatemala, Nicaragua and Bolivia, which together accounted for a further X 2007 to 2020, the biggest increases were in Ecuador, while production of fresh cheese (unripened or uncured cheese), including whey cheese and curd for the other leaders experienced more modest paces of growth.

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

Exports in Latin America and the Caribbean

For the third consecutive year, LatAmerica and the Caribbean recorded growth in shipments abroad of fresh cheese (unripened or uncured cheese), including whey cheese and curd, which increased by X% to X tons in 2020. Total exports indicated a buoyant increase 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 2016 indices. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. The volume of export peaked in 2020 and is expected to retain growth in the immediate term.

In value terms, exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd soared to $X in 2020. In general, exports posted a buoyant expansion. The pace of growth was the most pronounced in 2011 when exports increased by X% y-o-y. The level of export peaked in 2020 and is likely to see steady growth in years to come.

Exports by Country

Argentina was the major exporting country with an export of about X tons, which amounted to X% of total exports. Nicaragua (X tons) ranks second in terms of the total exports with a X% share, followed by Uruguay (X%). Costa Rica (X tons), Brazil (X tons) and Mexico (X tons) occupied a minor share of total exports.

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

In value terms, the largest fresh cheese (unripened or uncured cheese), including whey cheese and curd supplying countries in Latin America and the Caribbean were Argentina ($X), Nicaragua ($X) and Uruguay ($X), together comprising X% of total exports.

In terms of the main exporting countries, Nicaragua 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 fresh cheese (unripened or uncured cheese), including whey cheese and curd in Latin America and the Caribbean amounted to $X per ton, surging by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010 an increase of X% year-to-year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2020, export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in Brazil ($X per ton) and Nicaragua ($X per ton), while Uruguay ($X per ton) and Mexico ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Nicaragua, 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 Latin America and the Caribbean

After two years of growth, overseas purchases of fresh cheese (unripened or uncured cheese), including whey cheese and curd decreased by -X% to X tons in 2020. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. The volume of import peaked at X tons in 2019, and then reduced dramatically in the following year.

In value terms, imports of fresh cheese (unripened or uncured cheese), including whey cheese and curd dropped dramatically to $X in 2020. Total imports indicated pronounced growth from 2007 to 2020: its value decreased 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. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2019, and then shrank sharply in the following year.

Imports by Country

In 2020, El Salvador (X tons), distantly followed by Chile (X tons), Mexico (X tons), the Dominican Republic (X tons), Guatemala (X tons) and Brazil (X tons) represented the largest importers of fresh cheese (unripened or uncured cheese), including whey cheese and curd, together generating X% of total imports. Paraguay (X tons), Panama (X tons), Guyana (X tons), Colombia (X tons), Honduras (X tons), Peru (X tons) and Uruguay (X tons) followed a long way behind the leaders.

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

In value terms, El Salvador ($X), Chile ($X) and Mexico ($X) were the countries with the highest levels of imports in 2020, together comprising X% of total imports. The Dominican Republic, Guatemala, Panama, Colombia, Brazil, Paraguay, Guyana, Honduras, Peru and Uruguay lagged somewhat behind, together comprising a further X the main importing countries, Colombia 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 fresh cheese (unripened or uncured cheese), including whey cheese and curd in Latin America and the Caribbean amounted to $X per ton, growing by X% against 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 2010 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2014; afterwards, it flattened through to 2020.

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

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

Source: IndexBox Platform

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