US$32.8 billion worth of cheese

US$32.8 billion worth of cheese
Photo is illustrative in nature. From open sources.
was imported worldwide in 2020 US $32.8 billion worth of cheese was imported globally in 2020

In 2020, global cheese imports amounted to usd 32.8 billion in monetary terms. Compared to 2016, when cheese imports were estimated at $27 billion, cheese imports by all importing countries increased by 21.4%.

Compared to 2019, the volume of world cheese imports in 2020 decreased by 0.5%.

The top five importers of cheese in 2020 were European countries - Germany, the UK, France, Italy and Belgium. Together, these countries purchased 37.8% of all imported cheese during 2020.

If we consider purchases by continent, suppliers from European countries purchased the largest amount of imported cheese during 2020 - $ 22.8 billion, or 69.8% of the global volume. Asian importers came in second with 16.9%, while 6.3% of imported cheeses worldwide were shipped to North America.

A smaller percentage was sold to Latin America (3.3%), excluding Mexico but including the Caribbean, Africa (1.95%) and Oceania (1.88%) led by Australia.

Top 15 cheese importing countries in 2020:

Germany: $4.5 billion (13.9% of total imported cheese) United Kingdom: $2.2 billion (6.8%) Italy: $2.1 billion (6.5%) France: 1. $9 billion (6%) Belgium: $1.6 billion (4.8%) Netherlands: $1.5 billion (4.6%) US: $1.4 billion (4.2%) Japan: 1. $33 billion (4.1%) Spain: $1.25 billion (3.9%) Russia: $1.1 billion (3.5%) Sweden: $675.4 million (2.1%) Saudi Arabia : $660.5M (2.1%) Austria: $595.4M (1.9%) South Korea: $555.1M (1.7%) China: $522M (1.6%)

Among the above countries, the fastest growing cheese markets since 2019 were: SOUTH KOREA (growth by 13.3%), CHINA (growth by 13.1%), France (growth by 7.5%) and RUSSIA (growth by 7.3 %). %).

Among the countries that saw a decrease in import cheese purchases were the usa (-9.5%), Italy (-9%), the Netherlands (-5.2%) and Spain (-5.1%).

In value terms, these 15 countries purchased 66.8% of all cheeses imported in 2020.

Ukraine is on the 43rd place in the world list of cheese importers with an impressive annual import growth of 93.4%:

PioneerProduct based on worldstopexports.com

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