Market Insights
26-07-2024
In 2022, global cheese exports reached a total of US$39.7 billion. This marks an average increase of 23.4% from 2018, when total cheese shipments were valued at $32.2 billion. From 2021 to 2022, the value of cheese exports worldwide grew by 6.6%, starting from $37.25 billion.
The world's top five cheese exporters—Germany, the Netherlands, Italy, France, and the United States—accounted for over half (56.2%) of the global cheese export value in 2022.
European countries dominated the cheese export market, with shipments worth $33 billion, making up 83.1% of global cheese exports. Oceania, led by New Zealand and Australia, held a 6.2% share, followed by North America at 6%. Smaller shares came from Asia (2.3%), Latin America (1.8%, excluding Mexico but including the Caribbean), and Africa (0.6%).
For reference, the 4-digit Harmonized Tariff System code for cheese and curd is 0406.
Top 15 Cheese Exporting Countries in 2022
1. Germany: $6.2 billion (15.6% of total cheese exports)
2. Netherlands: $5.4 billion (13.7%)
3. Italy: $4.6 billion (11.7%)
4. France: $3.8 billion (9.5%)
5. United States: $2.29 billion (5.8%)
6. Denmark: $1.98 billion (5%)
7. New Zealand: $1.7 billion (4.2%)
8. Belgium: $1.42 billion (3.6%)
9. Ireland: $1.36 billion (3.4%)
10. Poland: $1.21 billion (3.1%)
11. United Kingdom: $922.3 million (2.3%)
12. Austria: $866.2 million (2.2%)
13. Greece: $805 million (2%)
14. Australia: $758 million (1.9%)
15. Switzerland: $739.6 million (1.9%)
These 15 countries accounted for 85.8% of global cheese exports in 2022. Among them, the fastest-growing exporters since 2021 were the United States (up 27.1%), United Kingdom (up 18.6%), Netherlands (up 18.3%), and Germany (up 14.6%). Conversely, Switzerland, Australia, and France saw declines in their cheese export sales, with drops of -7.1%, -3%, and -0.7%, respectively.
Cheese Exporting Companies in 2023
Below are some of the leading dairy companies dominating the global trade in cheese and other dairy products:
1. ПАО "НК "РОСНЕФТЬ" – 21.37%, $44,311.33 Million
2. ТОО ТЕНГИЗШЕВРОЙЛ – 19.16%, $39,715.29 Million
3. ПАО "ГАЗПРОМ НЕФТЬ" – 6.42%, $13,316.95 Million
4. ПАО "ЛУКОЙЛ" – 4.86%, $10,081.04 Million
5. АОЗТ КАРАЧАГАНАК ПЕТРОЛИУМ ОПЕРЕЙТИНГ Б – 4.86%, $10,069.88 Million
6. ПАО "СУРГУТНЕФТЕГАЗ" – 4.46%, $9,247.57 Million
7. TOTALENERGIES EP KAZAKHSTAN – 3.5%, $7,260.8 Million
8. КОО КАЗАХСТАН ПАЙПЛАЙН ВЕНЧУРС – 3.14%, $6,505.84 Million
9. LITASCO MIDDLE EAST DMCC – 2.47%, $5,120.75 Million
10. ЧКОО КМГ КАШАГАН Б – 2.09%, $4,342.36 Million
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