Price for Cheese of All Kinds, Grated or Powdered in Thailand - 2024
Contents:
- Price for Cheese of All Kinds, Grated or Powdered in Thailand (CIF) - 2024
- Price for Cheese of All Kinds, Grated or Powdered in Thailand (FOB) - 2022
- Imports of Cheese of All Kinds, Grated or Powdered in Thailand
- Exports of Cheese of All Kinds, Grated or Powdered in Thailand
Price for Cheese of All Kinds, Grated or Powdered in Thailand (CIF) - 2024
In January 2024, the average import price for cheese of all kinds, grated or powdered amounted to $5,230 per ton, approximately equating the previous month. In general, the import price recorded a slight curtailment. The most prominent rate of growth was recorded in March 2023 an increase of 18% m-o-m. The import price peaked at $6,063 per ton in January 2023; however, from February 2023 to January 2024, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Australia ($12,382 per ton), while the price for New Zealand ($4,271 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Australia (+2.1%), while the prices for the other major suppliers experienced a decline.
Price for Cheese of All Kinds, Grated or Powdered in Thailand (FOB) - 2022
The average export price for cheese of all kinds, grated or powdered stood at $6,099 per ton in 2022, reducing by -23.3% against the previous year. In general, the export price showed a mild contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 41% against the previous year. The export price peaked at $14,665 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($14,146 per ton), while the average price for exports to Lao People's Democratic Republic ($518 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+18.0%), while the prices for the other major destinations experienced a decline.
Imports of Cheese of All Kinds, Grated or Powdered in Thailand
Imports of cheese of all kinds, grated or powdered into Thailand soared to 6.2K tons in 2022, jumping by 18% against 2021. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 58% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of cheese of all kinds, grated or powdered soared to $31M in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 58%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Cheese of All Kinds, Grated or Powdered in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 3.9 | 10.1 | 14.9 | 20.2 | 73.0% |
| Belgium | 2.1 | 1.6 | 5.0 | 4.5 | 28.9% |
| Australia | 1.2 | 1.2 | 1.7 | 1.9 | 16.6% |
| United States | 1.6 | 0.7 | 0.6 | 1.1 | -11.7% |
| Italy | 0.2 | 0.2 | 0.2 | 0.8 | 58.7% |
| France | 1.0 | 0.8 | 0.5 | 0.7 | -11.2% |
| United Kingdom | 0.7 | 0.3 | 1.0 | 0.3 | -24.6% |
| Others | 0.7 | 0.9 | 1.2 | 1.9 | 39.5% |
| Total | 11.3 | 15.9 | 25.1 | 31.4 | 40.6% |
Top Suppliers of Cheese of All Kinds, Grated or Powdered to Thailand in 2022:
- New Zealand (4227.9 tons)
- Belgium (1038.7 tons)
- United States (218.5 tons)
- Australia (183.3 tons)
- France (142.6 tons)
- Italy (108.8 tons)
- United Kingdom (65.7 tons)
Exports of Cheese of All Kinds, Grated or Powdered in Thailand
In 2022, the amount of cheese of all kinds, grated or powdered exported from Thailand plummeted to 16 tons, reducing by -40.9% compared with the year before. In general, exports faced a dramatic contraction. The pace of growth appeared the most rapid in 2021 with an increase of 138% against the previous year.
In value terms, exports of cheese of all kinds, grated or powdered reduced remarkably to $100K in 2022. Over the period under review, exports recorded a sharp descent. The pace of growth appeared the most rapid in 2021 with an increase of 151% against the previous year.
| Export of Cheese of All Kinds, Grated or Powdered in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 132 | 30.2 | 53.0 | 35.5 | -35.5% |
| China | 72.9 | 53.4 | 143 | 28.9 | -26.5% |
| Vietnam | N/A | 3.9 | 9.5 | 15.3 | 98.1% |
| Philippines | N/A | N/A | N/A | 10.7 | 0% |
| Myanmar | 7.4 | 0.2 | N/A | 8.3 | 3.9% |
| Cambodia | 32.0 | N/A | 13.9 | 0.9 | -69.6% |
| Singapore | 16.6 | N/A | N/A | N/A | 0% |
| Others | 19.2 | 0.1 | 0.2 | 0.2 | -78.2% |
| Total | 280 | 87.8 | 220 | 99.8 | -29.1% |
Top Export Markets for Cheese of All Kinds, Grated or Powdered from Thailand in 2022:
- Maldives (6.8 tons)
- China (4.3 tons)
- Philippines (2.0 tons)
- Myanmar (1.6 tons)
- Vietnam (1.1 tons)
- Cambodia (0.4 tons)
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