Uruguay: Skim Milk Market 2025

Skim Milk Market Size in Uruguay

The Uruguayan skim milk market declined to $X in 2021, remaining stable against the previous year. Overall, consumption showed a abrupt setback. Skim milk consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Skim Milk Production in Uruguay

In value terms, skim milk production dropped slightly to $X in 2021 estimated in export price. Over the period under review, production recorded a abrupt slump. The pace of growth appeared the most rapid in 2017 with an increase of 27% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Skim Milk Exports

Exports from Uruguay

In 2021, skim milk exports from Uruguay shrank to X tons, reducing by -10.9% compared with the previous year's figure. Over the period under review, exports saw a sharp slump. The pace of growth was the most pronounced in 2019 when exports increased by 1,377%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, skim milk exports shrank to $X in 2021. In general, exports saw a significant decline. The growth pace was the most rapid in 2019 with an increase of 1,064%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Venezuela (X tons) was the main destination for skim milk exports from Uruguay, with a 98% share of total exports. It was followed by the Philippines (X kg), with a 0.2% share of total exports. Chile (X kg) ranked third in terms of total exports with a 0.2% share.

From 2012 to 2021, the average annual growth rate of volume to Venezuela stood at -14.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (-56.3% per year) and Chile (-45.7% per year).

In value terms, Venezuela ($X) remains the key foreign market for skim milk exports from Uruguay, comprising 95% of total exports. The second position in the ranking was taken by the Philippines ($X), with a 0.2% share of total exports. It was followed by Chile, with a 0.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Venezuela stood at -19.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (-55.6% per year) and Chile (-48.6% per year).

Export Prices by Country

In 2021, the average skim milk export price amounted to $X per ton, approximately reflecting the previous year. Overall, the export price, however, showed a perceptible downturn. The growth pace was the most rapid in 2017 an increase of 23% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($X per ton), while the average price for exports to Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+1.6%), while the prices for the other major destinations experienced a decline.

Skim Milk Imports

Imports into Uruguay

For the sixth consecutive year, Uruguay recorded growth in supplies from abroad of skim milk, which increased by 203% to X tons in 2021. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2019 when imports increased by 206%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, skim milk imports skyrocketed to $X in 2021. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Brazil (X tons) was the main supplier of skim milk to Uruguay, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Brazil amounted to +71.9%.

In value terms, Brazil ($X) constituted the largest supplier of skim milk to Uruguay.

From 2012 to 2021, the average annual growth rate of value from Brazil amounted to +53.2%.

Import Prices by Country

In 2021, the average skim milk import price amounted to $X per ton, dropping by -7.5% against the previous year. Over the period under review, the import price faced a drastic downturn. The growth pace was the most rapid in 2018 an increase of 0.5% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From 2012 to 2021, the rate of growth in terms of prices for Brazil amounted to -10.9% per year.

Source: IndexBox Platform

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