Report Update Nov 1, 2024

Peru - Cheese and Curd - Market Analysis, Forecast, Size, Trends and Insights

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Peru: Cheese And Curd Market 2024

Cheese And Curd Market Size in Peru

After four years of growth, the Peruvian cheese and curd market decreased by -3.3% to $X in 2022. Overall, consumption, however, showed a relatively flat trend pattern. Cheese and curd consumption peaked at $X in 2021, and then reduced in the following year.

Cheese And Curd Production in Peru

In value terms, cheese and curd production reached $X in 2022 estimated in export price. In general, production, however, continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2014 with an increase of 17%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Cheese And Curd Exports

Exports from Peru

Cheese and curd exports from Peru shrank to X tons in 2022, reducing by -4.3% compared with the previous year. In general, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 917% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, cheese and curd exports declined to $X in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 559%. The exports peaked at $X in 2021, and then dropped in the following year.

Exports by Country

Chile (X tons) was the main destination for cheese and curd exports from Peru, with a 96% share of total exports. It was followed by Aruba (X tons), with a 2.5% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Chile totaled +43.9%.

In value terms, Chile ($X) remains the key foreign market for cheese and curd exports from Peru, comprising 98% of total exports. The second position in the ranking was taken by Aruba ($X), with a 1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Chile stood at +43.7%.

Export Prices by Country

In 2022, the average cheese and curd export price amounted to $X per ton, waning by -7.7% against the previous year. Overall, the export price saw a pronounced reduction. The pace of growth was the most pronounced in 2021 when the average export price increased by 19% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Aruba totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (-0.1%).

Cheese And Curd Imports

Imports into Peru

In 2022, the amount of cheese and curd imported into Peru fell to X tons, shrinking by -13.2% compared with 2021 figures. In general, imports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 36% against the previous year. As a result, imports reached the peak of X tons, and then declined in the following year.

In value terms, cheese and curd imports declined to $X in 2022. Overall, imports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2021 when imports increased by 34%. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

The United States (X tons), Uruguay (X tons) and Germany (X tons) were the main suppliers of cheese and curd imports to Peru, together accounting for 64% of total imports. Argentina, the Netherlands, Mexico, Chile, Italy, Spain, France and New Zealand lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +148.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Uruguay ($X) and Germany ($X) constituted the largest cheese and curd suppliers to Peru, together comprising 61% of total imports. The Netherlands, Argentina, Mexico, Chile, Italy, Spain, France and New Zealand lagged somewhat behind, together accounting for a further 35%.

Mexico, with a CAGR of +132.7%, saw the highest rates of growth with regard to 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, remaining constant against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 8.6%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cheese and curd in the world?

The United States remains the largest cheese and curd consuming country worldwide, comprising approx. 25% of total volume. Moreover, cheese and curd consumption in the United States exceeded the figures recorded by the second-largest consumer, Germany, threefold. The third position in this ranking was occupied by France, with a 6.2% share.

What are the largest producers of cheese and curd in the world?

The United States remains the largest cheese and curd producing country worldwide, comprising approx. 27% of total volume. Moreover, cheese and curd production in the United States exceeded the figures recorded by the second-largest producer, Germany, threefold. France ranked third in terms of total production with a 7.2% share.

What are the leading suppliers of cheese and curd to Peru?

In value terms, the United States, Argentina and Uruguay constituted the largest cheese and curd suppliers to Peru, together comprising 63% of total imports. These countries were followed by the Netherlands, Mexico, Chile and Italy, which together accounted for a further 26%.

What are the leading importers of cheese and curd from Peru?

In value terms, Chile remains the key foreign market for cheese and curd exports from Peru.

What is the average export price for cheese and curd in Peru?

The average cheese and curd export price stood at $4,844 per ton in 2021, waning by -2.1% against the previous year.

What is the average import price for cheese and curd in Peru?

The average cheese and curd import price stood at $4,689 per ton in 2021, waning by -2.3% against the previous year.

This report provides an in-depth analysis of the cheese and curd market in Peru. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 901 - Cheese from Whole Cow Milk
FCL 904 - Cheese from Skimmed Cow Milk
FCL 905 - Whey Cheese
FCL 907 - Processed Cheese
FCL 955 - Cheese of Buffalo Milk
FCL 984 - Cheese of Sheep Milk
FCL 1021 - Cheese of Goat Milk

Country coverage:

Peru

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Peru
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023