HS Code:
Grated or powdered cheese, of all kinds (HS Code: 040620) includes processed cheese products that are grated or powdered, derived from various types of cheese such as cheddar, parmesan, and mozzarella. This category is widely used in food processing, retail, and the foodservice industry for convenience in cooking and as toppings or ingredients. The global trade of this product category reflects consumer demand for ready-to-use dairy products, influenced by dietary trends, culinary practices, and industrial food production needs.
Total Trade Volume
USD 2.5 billion
Data from 2022
Source
United Nations Comtrade Database
USD 600 million
24% of total trade of total trade
Increasing
USD 450 million
18% of total trade of total trade
Stable
USD 400 million
16% of total trade of total trade
Increasing
USD 300 million
12% of total trade of total trade
Stable
USD 250 million
10% of total trade of total trade
Decreasing
Average Rate
12.5%
Highest Rate
35% (applied by certain developing countries to protect local dairy industries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Rising demand for convenience foods
Increased imports of grated and powdered cheese in emerging markets due to urbanization and busy lifestyles
2021-2022
Shift towards plant-based alternatives
Moderate decline in traditional cheese product demand in developed markets as vegan and lactose-free options gain traction
2020-2022
Growth in foodservice industry
Higher demand for bulk grated cheese in restaurants and fast-food chains globally
2019-2022
The EU and US agreed to reduce tariffs on certain dairy products, including grated cheese, to facilitate smoother trade flows between the regions.
March 2023
Expected to increase export volumes from EU countries like Italy and Germany to the US market
Countries like India and China have imposed stricter SPS measures on imported dairy products, including mandatory testing for contaminants.
January 2023
Potential delays and increased costs for exporters targeting Asian markets
Major exporters are adopting eco-friendly packaging for grated cheese products to meet consumer and regulatory demands for sustainability.
July 2022
May increase production costs but improve brand image and market access in environmentally conscious regions