Bolivia: Dairy Produce Market 2024

Dairy Produce Market Size in Bolivia

The Bolivian dairy produce market totaled $X in 2022, approximately equating the previous year. In general, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Dairy produce consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Dairy Produce Production in Bolivia

In value terms, dairy produce production rose modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2020 with an increase of X%. Dairy produce production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Dairy Produce Exports

Exports from Bolivia

In 2022, shipments abroad of dairy produce increased by X% to X tons, rising for the fourth consecutive year after two years of decline. Over the period under review, exports showed resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, dairy produce exports surged to $X in 2022. Overall, exports saw a resilient expansion. The growth pace was the most rapid in 2013 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Colombia (X tons) was the main destination for dairy produce exports from Bolivia, accounting for a X% share of total exports. Moreover, dairy produce exports to Colombia exceeded the volume sent to the second major destination, Peru (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Colombia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (X% per year) and Venezuela (X% per year).

In value terms, Colombia ($X) remains the key foreign market for dairy produce exports from Bolivia, comprising X% of total exports. The second position in the ranking was taken by Peru ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Colombia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (X% per year) and Venezuela (X% per year).

Export Prices by Country

In 2022, the average dairy produce export price amounted to $X per ton, increasing by X% against the previous year. Overall, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dairy produce export price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of X%. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per ton), while the average price for exports to Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (X%), while the prices for the other major destinations experienced mixed trend patterns.

Dairy Produce Imports

Imports into Bolivia

In 2022, approx. X tons of dairy produce were imported into Bolivia; growing by X% on the previous year. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, dairy produce imports surged to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Peru (X tons) constituted the largest supplier of dairy produce to Bolivia, with a X% share of total imports. Moreover, dairy produce imports from Peru exceeded the figures recorded by the second-largest supplier, Chile (X tons), threefold. The third position in this ranking was taken by Uruguay (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Peru was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (X% per year) and Uruguay (X% per year).

In value terms, Peru ($X), Uruguay ($X) and Argentina ($X) were the largest dairy produce suppliers to Bolivia, together comprising X% of total imports.

Among the main suppliers, Uruguay, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average dairy produce import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Paraguay ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform