MERCOSUR: Market for Powdered, Condensed Or Evaporated Milk 2024

Market Size for Powdered, Condensed Or Evaporated Milk in MERCOSUR

The MERCOSUR market for powdered, condensed or evaporated milk amounted to $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption continues to indicate a perceptible contraction. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Powdered, Condensed Or Evaporated Milk in MERCOSUR

In value terms, powdered, condensed or evaporated milk production stood at $X in 2022 estimated in export price. Overall, production, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

The countries with the highest volumes of production in 2022 were Brazil (X tons), Peru (X tons) and Argentina (X tons), with a combined X% share of total production. Uruguay, Chile and Colombia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Uruguay (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

Exports of Powdered, Condensed Or Evaporated Milk

Exports in MERCOSUR

In 2022, exports of powdered, condensed or evaporated milk in MERCOSUR rose significantly to X tons, surging by X% on the previous year's figure. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, powdered, condensed or evaporated milk exports soared to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Argentina (X tons) and Uruguay (X tons) were the largest exporters of powdered, condensed or evaporated milk in 2022, finishing at near X% and X% of total exports, respectively. It was distantly followed by Chile (X tons), achieving a X% share of total exports. Peru (X tons), Brazil (X tons) and Paraguay (X tons) took a minor 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 mixed trends in the exports figures.

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

Among the main exporting countries, Paraguay, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, with an increase of X% against the previous year. Export price indicated a modest increase 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, powdered, condensed or evaporated milk export price increased by X% against 2016 indices. The growth pace was the most rapid in 2013 an increase of X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: 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 Brazil (X%), while the other leaders experienced more modest paces of growth.

Imports of Powdered, Condensed Or Evaporated Milk

Imports in MERCOSUR

In 2022, powdered, condensed or evaporated milk imports in MERCOSUR expanded remarkably to X tons, growing by X% on the previous year. Over the period under review, imports, however, showed a noticeable reduction. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, powdered, condensed or evaporated milk imports soared to $X in 2022. Overall, imports, however, continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Brazil represented the key importer of powdered, condensed or evaporated milk in MERCOSUR, with the volume of imports finishing at X tons, which was near X% of total imports in 2022. Peru (X tons) held the second position in the ranking, followed by Colombia (X tons), Venezuela (X tons) and Chile (X tons). All these countries together took approx. X% share of total imports. Guyana (X tons) took a relatively small 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, Brazil ($X) constitutes the largest market for imported powdered, condensed or evaporated milk in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Peru ($X), with an X% share of total imports. It was followed by Colombia, with a X% share.

In Brazil, powdered, condensed or evaporated milk imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Peru (X% per year) and Colombia (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price, however, saw a mild downturn. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices failed to regain momentum.

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 Guyana ($X per ton), while Venezuela ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform