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12-08-2024
In 2022, the global expenditure on imported cheese reached US$39.2 billion.
Since 2018, the total value of cheese imports has risen by 20.7%, up from $32.5 billion when cheese was purchased internationally. On a year-over-year basis, the value of cheese imported worldwide increased by 6.3% from $36.9 billion in 2021.
The top five cheese-importing countries in 2022 were all European nations: Germany, France, Italy, the United Kingdom, and Belgium. These five countries collectively accounted for 38% of the global expenditure on imported cheese in 2022.
Looking at the data by continent, European countries were the largest importers of cheese in 2022, with imports valued at $27.2 billion, representing 69.3% of the global total. Asian nations followed, accounting for 16.1% of global cheese imports, while 7.2% of the cheese was imported by North American countries.
Smaller shares of cheese imports were recorded in Latin America (3.9%, excluding Mexico but including the Caribbean), Africa (1.8%), and Oceania (1.7%), with Australia and New Zealand being the primary importers in that region.
For those conducting research, the Harmonized Tariff System code for cheese and curd is 0406.
Leading Cheese Importing Countries
Below is a list of the top 15 countries by the value of cheese imports in 2022:
1. Germany: US$5.3 billion (13.6% of global cheese imports)
2. France: $2.7 billion (6.9%)
3. Italy: $2.6 billion (6.7%)
4. United Kingdom: $2.2 billion (5.7%)
5. Belgium: $2 billion (5.1%)
6. Netherlands: $1.8 billion (4.7%)
7. Spain: $1.7 billion (4.4%)
8. United States: $1.6 billion (4.2%)
9. Japan: $1.4 billion (3.5%)
10. Sweden: $802.4 million (2%)
11. South Korea: $792.8 million (2%)
12. China: $769.2 million (2%)
13. Mexico: $748.3 million (1.9%)
14. Greece: $720.4 million (1.8%)
15. Austria: $695.8 million (1.8%)
These 15 countries accounted for 66.3% of the world’s cheese imports in 2022.
Among these nations, the fastest-growing markets for cheese imports since 2021 were Mexico (up 36.9%), Spain (up 28.9%), Greece (up 24.1%), and Italy (up 23.4%).
Conversely, Mainland China saw a decrease in cheese imports, with a 5.4% decline compared to 2021.
Leading Cheese Importing Companies
1.INBISCO INDIA PRIVATE LIMITED(2.82%, $18.2 Million)
2.FORTUNE GOURMET SPECIALITIES PVT LTD(1.9%, $12.28 Million)
3.MUKESH BALVANTRAI ROTLIWALA(1.85%, $11.97 Million)
4.ECOSSENTIAL FOODS CORPORATION(1.57%, $10.13 Million)
5.CÔNG TY CỔ PHẦN ĐẠI TÂN VIỆT(1.55%, $10.03 Million)
6.NEW ZEALAND CREAMERY(1.51%, $9.76 Million)
7.CÔNG TY TNHH BEL VIỆT NAM(1.48%, $9.53 Million)
8.CÔNG TY TNHH NABATI VIỆT NAM(1.38%, $8.91 Million)
9.FONTERRA BRANDS INDONESIA(1.32%, $8.51 Million)
10.MAGNOLIA INC(129%, $8.31 Million)
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