South-Eastern Asia: Market for Processed cheese (excluding grated or powdered) 2021

Market Size for Processed cheese (excluding grated or powdered) in South-Eastern Asia

The Southeast Asian market for processed cheese (excluding grated or powdered) was finally on the rise to reach $X in 2020, after four years of decline. In general, consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. The level of consumption peaked at $X in 2010; however, from 2011 to 2020, consumption remained at a lower figure.

Production of Processed cheese (excluding grated or powdered) in South-Eastern Asia

In value terms, production of processed cheese (excluding grated or powdered) expanded remarkably to $X in 2020 estimated in export prices. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Over the period under review, production reached the peak level at $X in 2010; however, from 2011 to 2020, production stood at a somewhat lower figure.

Production By Country in South-Eastern Asia

Indonesia (X tons) remains the largest processed cheese (excluding grated or powdered) producing country in South-Eastern Asia, comprising approx. X% of total volume. Moreover, production of processed cheese (excluding grated or powdered) in Indonesia exceeded the figures recorded by the second-largest producer, the Philippines (X tons), twofold. The third position in this ranking was occupied by Thailand (X tons), with a X% share.

In Indonesia, production of processed cheese (excluding grated or powdered) expanded at an average annual rate of +X% over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: the Philippines (+X% per year) and Thailand (+X% per year).

Exports of Processed cheese (excluding grated or powdered)

Exports in South-Eastern Asia

In 2020, approx. X tons of processed cheese (excluding grated or powdered) were exported in South-Eastern Asia; dropping by -X% against the year before. Total exports indicated a slight 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 decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2009 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at X tons in 2013; however, from 2014 to 2020, exports remained at a lower figure.

In value terms, exports of processed cheese (excluding grated or powdered) declined significantly to $X in 2020. Overall, exports, however, enjoyed measured growth. The pace of growth appeared the most rapid in 2008 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Singapore (X tons) and Indonesia (X tons) represented roughly X% of total exports of processed cheese (excluding grated or powdered) in 2020. Malaysia (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by the Philippines (X%).

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

In value terms, Singapore ($X) remains the largest processed cheese (excluding grated or powdered) supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

In Singapore, exports of processed cheese (excluding grated or powdered) expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Indonesia (+X% per year) and Malaysia (+X% per year).

Export Prices by Country

In 2020, the export price for processed cheese (excluding grated or powdered) in South-Eastern Asia amounted to $X per ton, reducing by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2015; however, from 2016 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Singapore ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

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

Imports of Processed cheese (excluding grated or powdered)

Imports in South-Eastern Asia

Imports of processed cheese (excluding grated or powdered) fell markedly to X tons in 2020, reducing by -X% compared with 2019. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

In value terms, imports of processed cheese (excluding grated or powdered) dropped notably to $X in 2020. Over the period under review, imports posted a modest increase. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. The level of import peaked at $X in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Malaysia (X tons) and Indonesia (X tons) were the largest importers of processed cheese (excluding grated or powdered) in South-Eastern Asia, together creating X% of total imports. It was distantly followed by the Philippines (X tons), Singapore (X tons), Thailand (X tons) and Vietnam (X tons), together constituting a X% share of total imports.

From 2007 to 2020, the biggest increases were in Malaysia, while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest processed cheese (excluding grated or powdered) importing markets in South-Eastern Asia were Malaysia ($X), Indonesia ($X) and the Philippines ($X), with a combined X% share of total imports.

In terms of the main importing countries, Malaysia recorded 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 processed cheese (excluding grated or powdered) in South-Eastern Asia amounted to $X per ton, leveling off at the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2012 when the import price increased by X% year-to-year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2020, 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 Thailand ($X per ton) and Indonesia ($X per ton), while Malaysia ($X per ton) and the Philippines ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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