Cheese and curd Market in South Africa
In value terms, cheese and curd production reduced to $ in estimated in export prices. In general, production recorded a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of % against the previous year. Over the period under review, production reached the peak level at $ in 2013; however, from 2014 to , production failed to regain the momentum.
The value of the cheese and curd market in South Africa fell markedly to $ in , shrinking by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2018 when the market value increased by % against the previous year. Cheese and curd consumption peaked at $ in 2013; however, from 2014 to , consumption stood at a somewhat lower figure.