MERCOSUR: Dairy Produce Market 2024

Dairy Produce Market Size in MERCOSUR

The MERCOSUR dairy produce market dropped to $X in 2022, leveling off at the previous year. Overall, consumption, however, showed a slight setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Dairy Produce Production in MERCOSUR

In value terms, dairy produce production reduced slightly to $X in 2022 estimated in export price. Overall, production, however, saw a noticeable setback. The growth pace was the most rapid in 2016 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Dairy Produce Exports

Exports in MERCOSUR

In 2022, approx. X tons of dairy produce were exported in MERCOSUR; surging by X% on the year before. Over the period under review, exports, however, showed a mild downturn. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, dairy produce exports skyrocketed to $X in 2022. Overall, exports showed a relatively flat trend pattern. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Argentina (X tons) and Uruguay (X tons) dominates exports structure, together generating X% of total exports. Chile (X tons) took the next position in the ranking, followed by Brazil (X tons). All these countries together held approx. X% share of total exports. Peru (X tons) and Paraguay (X tons) held a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Paraguay (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Argentina ($X), Uruguay ($X) and Chile ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports. Brazil, Paraguay and Peru lagged somewhat behind, together comprising a further X%.

Paraguay, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($X per ton), while Peru ($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 other leaders experienced more modest paces of growth.

Dairy Produce Imports

Imports in MERCOSUR

For the third consecutive year, MERCOSUR recorded growth in supplies from abroad of dairy produce, which increased by X% to X tons in 2022. In general, imports, however, continue to indicate a pronounced slump. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, dairy produce imports soared to $X in 2022. Overall, imports, however, saw a pronounced descent. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X tons), distantly followed by Chile (X tons), Peru (X tons), Venezuela (X tons) and Colombia (X tons) represented the key importers of dairy produce, together creating X% of total imports. The following importers - Uruguay (X tons) and Guyana (X tons) - each resulted at a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Colombia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest dairy produce importing markets in MERCOSUR were Brazil ($X), Peru ($X) and Chile ($X), with a combined X% share of total imports. Colombia, Venezuela, Guyana and Uruguay lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Colombia, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the import price in MERCOSUR amounted to $X per ton, rising by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while Venezuela ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform