Portugal: 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 Portugal

In 2020, the Portuguese market for fresh cheese (unripened or uncured cheese), including whey cheese and curd increased by X% to $X, rising for the third consecutive year after two years of decline. Overall, the total consumption 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, consumption increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, the market attained the maximum level in 2020 and is likely to see gradual growth in the near future.

Production of Fresh cheese (unripened or uncured cheese), including whey cheese and curd in Portugal

In value terms, production of fresh cheese (unripened or uncured cheese), including whey cheese and curd expanded significantly to $X in 2020 estimated in export prices. Over the period under review, production showed a prominent increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2020, production growth remained at a lower figure.

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

Exports from Portugal

In 2020, exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd from Portugal declined to X tons, with a decrease of -X% against 2019 figures. Overall, exports recorded a mild descent. The growth pace was the most rapid in 2011 when exports increased by X% against the previous year. As a result, exports reached the peak of X tons. From 2012 to 2020, the growth of exports remained at a somewhat lower figure.

In value terms, exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd stood at $X in 2020. In general, exports showed a tangible expansion. The growth pace was the most rapid in 2011 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. From 2012 to 2020, the growth of exports failed to regain the momentum.

Exports by Country

Angola (X tons) was the main destination for exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd from Portugal, with a X% share of total exports. Moreover, exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd to Angola exceeded the volume sent to the second major destination, the U.S. (X tons), twofold. The third position in this ranking was occupied by Luxembourg (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Angola stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and Luxembourg (+X% per year).

In value terms, Angola ($X), the U.S. ($X) and Luxembourg ($X) were the largest markets for fresh cheese (unripened or uncured cheese), including whey cheese and curd exported from Portugal worldwide, with a combined X% share of total exports. Libya, Cabo Verde, Switzerland, Mozambique, Spain and the UK lagged somewhat behind, together accounting for a further X terms of the main countries of destination, Mozambique (+X% per year) recorded 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 export price for fresh cheese (unripened or uncured cheese), including whey cheese and curd stood at $X per ton in 2020, picking up by X% against the previous year. Over the period under review, export price indicated resilient growth from 2007 to 2020: its price 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. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% y-o-y. The export price peaked in 2020 and is likely to see steady growth in years to come.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Spain, while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Portugal

After two years of growth, supplies from abroad of fresh cheese (unripened or uncured cheese), including whey cheese and curd decreased by -X% to X tons in 2020. In general, imports, however, posted a perceptible expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Imports peaked at X tons in 2016; however, from 2017 to 2020, imports failed to regain the momentum.

In value terms, imports of fresh cheese (unripened or uncured cheese), including whey cheese and curd stood at $X in 2020. Overall, imports, however, posted a moderate expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X% year-to-year. Imports peaked at $X in 2016; however, from 2017 to 2020, imports remained at a lower figure.

Imports by Country

Spain (X tons), France (X tons) and Germany (X tons) were the main suppliers of imports of fresh cheese (unripened or uncured cheese), including whey cheese and curd to Portugal, together accounting for X% of total imports. These countries were followed by Sweden, Italy, the Netherlands and Denmark, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Germany ($X) and France ($X) constituted the largest fresh cheese (unripened or uncured cheese), including whey cheese and curd suppliers to Portugal, together accounting for X% of total imports. These countries were followed by Italy, Sweden, the Netherlands and Denmark, which together accounted for a further X (+X% per year) saw the highest rates of growth with regard to the value of imports, among 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 import price for fresh cheese (unripened or uncured cheese), including whey cheese and curd stood at $X per ton in 2020, remaining stable 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 2008 an increase of X% year-to-year. Over the period under review, average import prices attained the peak figure at $X per ton in 2011; however, from 2012 to 2020, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :