Price for Cheese of All Kinds, Grated or Powdered in Indonesia - 2022
Contents:
- Price for Cheese of All Kinds, Grated or Powdered in Indonesia (CIF) - 2022
- Price for Cheese of All Kinds, Grated or Powdered in Indonesia (FOB) - 2022
- Imports of Cheese of All Kinds, Grated or Powdered in Indonesia
- Exports of Cheese of All Kinds, Grated or Powdered in Indonesia
Price for Cheese of All Kinds, Grated or Powdered in Indonesia (CIF) - 2022
The average import price for cheese of all kinds, grated or powdered stood at $4,945 per ton in March 2022, falling by -1.6% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2022 an increase of 23% against the previous month. The import price peaked at $6,080 per ton in June 2021; however, from July 2021 to March 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Denmark ($8,275 per ton), while the price for New Zealand ($4,345 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Denmark (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cheese of All Kinds, Grated or Powdered in Indonesia (FOB) - 2022
In 2022, the average export price for cheese of all kinds, grated or powdered amounted to $3,661 per ton, growing by 16% against the previous year. Overall, the export price continues to indicate a strong increase. The growth pace was the most rapid in 2013 an increase of 65% against the previous year. The export price peaked at $4,766 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Timor-Leste ($3,944 per ton), while the average price for exports to Singapore stood at $3,323 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+14.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cheese of All Kinds, Grated or Powdered in Indonesia
In 2022, the amount of cheese of all kinds, grated or powdered imported into Indonesia totaled 5.3K tons, increasing by 2.2% on 2021. The total import volume increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 9%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, imports of cheese of all kinds, grated or powdered stood at $29M in 2022. The total import value increased at an average annual rate of +9.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Cheese of All Kinds, Grated or Powdered in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.1 | 12.3 | 12.9 | 14.8 | 17.6% |
| Australia | 5.6 | 4.3 | 6.7 | 6.3 | 4.0% |
| New Zealand | 5.3 | 4.4 | 6.7 | 4.6 | -4.6% |
| Denmark | 1.3 | 1.2 | 1.7 | 2.2 | 19.2% |
| Others | 0.6 | 0.2 | 0.2 | 1.0 | 18.6% |
| Total | 21.9 | 22.5 | 28.2 | 28.8 | 9.6% |
Top Suppliers of Cheese of All Kinds, Grated or Powdered to Indonesia in 2022:
- United States (3.2K tons)
- New Zealand (1.0K tons)
- Australia (0.7K tons)
- Denmark (0.3K tons)
Exports of Cheese of All Kinds, Grated or Powdered in Indonesia
In 2022, overseas shipments of cheese of all kinds, grated or powdered decreased by -12% to 26 tons, falling for the second year in a row after two years of growth. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 103%. As a result, the exports attained the peak of 52 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of cheese of all kinds, grated or powdered expanded slightly to $94K in 2022. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 52% against the previous year. As a result, the exports attained the peak of $139K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Cheese of All Kinds, Grated or Powdered in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 41.4 | 44.2 | 60.6 | 50.7 | 7.0% |
| Timor-Leste | 37.9 | 53.0 | 31.2 | 39.5 | 1.4% |
| Malaysia | 0.6 | 15.0 | 0.4 | N/A | -18.4% |
| Philippines | 11.4 | 0.6 | N/A | N/A | -94.7% |
| Myanmar | N/A | 24.9 | N/A | N/A | 0% |
| Others | N/A | 1.2 | N/A | 3.7 | 75.6% |
| Total | 91.3 | 139 | 92.3 | 93.8 | 0.9% |
Top Export Markets for Cheese of All Kinds, Grated or Powdered from Indonesia in 2022:
- Singapore (15.2 tons)
- Timor-Leste (10.0 tons)
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