Overview of the Global Market for Processed cheese (excluding grated or powdered)

Market Size for Processed cheese (excluding grated or powdered)

In 2020, the global market for processed cheese (excluding grated or powdered) increased by X% to $X, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when the market value increased by X% against the previous year. Global consumption peaked at $X in 2015; however, from 2016 to 2020, consumption stood at a somewhat lower figure.

Production of Processed cheese (excluding grated or powdered)

In value terms, production of processed cheese (excluding grated or powdered) amounted to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. As a result, production attained the peak level of $X. From 2015 to 2020, global production growth remained at a somewhat lower figure.

Production By Country

The countries with the highest volumes of production of processed cheese (excluding grated or powdered) in 2020 were China (X tons), the U.S. (X tons) and India (X tons), together comprising X% of global production. Germany, Pakistan, Russia, Japan, Brazil, Indonesia, France, Bangladesh, Nigeria and Ethiopia lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of production of processed cheese (excluding grated or powdered), amongst the main producing countries, was attained by Pakistan, while production of processed cheese (excluding grated or powdered) for the other global leaders experienced more modest paces of growth.

Exports of Processed cheese (excluding grated or powdered)

Exports

After four years of growth, shipments abroad of processed cheese (excluding grated or powdered) decreased by -X% to X tons in 2020. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, global exports reached the peak figure at X tons in 2019, and then fell in the following year.

In value terms, exports of processed cheese (excluding grated or powdered) declined to $X in 2020. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, global exports attained the peak figure at $X in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

Exports by Country

In 2020, Germany (X tons), followed by France (X tons), Poland (X tons), Belgium (X tons), Austria (X tons), New Zealand (X tons) and the U.S. (X tons) were the major exporters of processed cheese (excluding grated or powdered), together constituting X% of total exports. Turkey (X tons), Nicaragua (X tons), Egypt (X tons), Australia (X tons), Saudi Arabia (X tons) and the UK (X tons) took a relatively small share of total exports.

From 2007 to 2020, the biggest increases were in Saudi Arabia, while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest processed cheese (excluding grated or powdered) supplying countries worldwide were Germany ($X), France ($X) and Belgium ($X), together accounting for X% of global exports. These countries were followed by Poland, Austria, New Zealand, the U.S., Australia, Saudi Arabia, Egypt, the UK, Turkey and Nicaragua, which together accounted for a further X the main exporting countries, Saudi Arabia saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for processed cheese (excluding grated or powdered) stood at $X per ton in 2020, almost unchanged from the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. As a result, export price attained the peak level of $X per ton. From 2009 to 2020, the growth in terms of the average export prices remained at a lower figure.

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

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

Imports of Processed cheese (excluding grated or powdered)

Imports

In 2020, overseas purchases of processed cheese (excluding grated or powdered) decreased by -X% to X tons for the first time since 2017, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Global imports peaked at X tons in 2019, and then dropped in the following year.

In value terms, imports of processed cheese (excluding grated or powdered) reduced to $X in 2020. The total import value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Global imports peaked at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

The countries with the highest levels of imports of processed cheese (excluding grated or powdered) in 2020 were Saudi Arabia (X tons), the UK (X tons), France (X tons), Italy (X tons), Germany (X tons), El Salvador (X tons), Iraq (X tons), China (X tons), Belgium (X tons), the United Arab Emirates (X tons), the Netherlands (X tons) and Oman (X tons), together accounting for X% of total import. Spain (X tons) occupied a relatively small share of total imports.

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

In value terms, the UK ($X), Saudi Arabia ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2020, together comprising X% of global imports. France, Italy, China, Belgium, Iraq, the United Arab Emirates, the Netherlands, El Salvador, Oman and Spain lagged somewhat behind, together accounting for a further X recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for processed cheese (excluding grated or powdered) stood at $X per ton in 2020, approximately mirroring the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. Global import price peaked at $X per ton in 2014; however, from 2015 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per ton), while El Salvador ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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