Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in the United Arab Emirates - 2022

Contents:

  1. Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in the United Arab Emirates (CIF) - 2022
  2. Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in the United Arab Emirates (FOB) - 2022
  3. Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in the United Arab Emirates
  4. Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in the United Arab Emirates

Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in the United Arab Emirates (CIF) - 2022

The average import price for cheese, other than blue-veined, grated, powdered or processed stood at $5,210 per ton in 2022, with a decrease of -9.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 62% against the previous year. Over the period under review, average import prices hit record highs at $6,439 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($8,366 per ton), while the price for Turkey ($2,344 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in the United Arab Emirates (FOB) - 2022

The average export price for cheese, other than blue-veined, grated, powdered or processed stood at $3,211 per ton in 2022, dropping by -38% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 34%. As a result, the export price reached the peak level of $5,180 per ton, and then fell markedly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Seychelles ($10,764 per ton), while the average price for exports to Yemen ($2,014 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 Seychelles (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in the United Arab Emirates

Imports of cheese, other than blue-veined, grated, powdered or processed into the United Arab Emirates skyrocketed to 33K tons in 2022, growing by 17% on the previous year. The total import volume increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cheese, other than blue-veined, grated, powdered or processed stood at $174M in 2022. The total import value increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 11%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.

Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy8.97.012.320.832.7%
Saudi Arabia12.414.220.017.612.4%
France11.19.612.514.38.8%
Denmark3.64.33.914.258.0%
Ireland6.67.1N/A11.319.6%
Netherlands6.07.17.011.022.4%
United Kingdom12.75.86.410.7-5.6%
Turkey4.24.55.78.225.0%
Czech Republic7.45.87.38.02.6%
United States1.92.62.97.960.8%
Egypt2.12.11.66.646.5%
India6.97.76.66.5-2.0%
Cyprus0.80.90.95.590.1%
Others76.967.976.431.0-26.1%
Total1611471631742.6%

Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to the United Arab Emirates in 2022:

  1. Saudi Arabia (4.7K tons)
  2. Turkey (3.5K tons)
  3. Italy (2.5K tons)
  4. Czech Republic (2.3K tons)
  5. Denmark (2.3K tons)
  6. France (1.9K tons)
  7. Ireland (1.9K tons)
  8. United Kingdom (1.7K tons)
  9. India (1.6K tons)
  10. United States (1.5K tons)
  11. Netherlands (1.4K tons)
  12. Cyprus (1.2K tons)
  13. Egypt (1.1K tons)

Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in the United Arab Emirates

In 2022, the amount of cheese, other than blue-veined, grated, powdered or processed exported from the United Arab Emirates surged to 15K tons, rising by 808% compared with the previous year. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cheese, other than blue-veined, grated, powdered or processed skyrocketed to $47M in 2022. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
YemenN/AN/AN/A19.10%
MaldivesN/AN/A2.15.7171.4%
Saudi Arabia0.51.50.54.9114.0%
IraqN/AN/AN/A4.90%
Seychelles0.20.20.33.2152.0%
Oman13.62.33.81.7-50.0%
Kuwait0.70.20.61.528.9%
Others0.30.61.05.8168.4%
Total15.34.88.346.845.2%

Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from the United Arab Emirates in 2022:

  1. Yemen (9.5K tons)
  2. Maldives (1.0K tons)
  3. Saudi Arabia (0.8K tons)
  4. Iraq (0.7K tons)
  5. Oman (0.4K tons)
  6. Seychelles (0.3K tons)
  7. Kuwait (0.3K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Dairy produce; cheese (not grated, powdered or processed), n.e.s. in heading no. 0406 - United Arab Emirates