Report Update Nov 1, 2024

Uruguay - Skim Milk of Cows - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Skim Milk Market 2024

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

Frequently Asked Questions (FAQ) :

What are the largest markets for skim milk in the world?

The countries with the highest volumes of skim milk consumption in 2021 were the United States, Germany and France, with a combined 29% share of global consumption. New Zealand, Russia, Turkey, Ireland, Iran, the Netherlands, Poland, India, Belgium and Canada lagged somewhat behind, together comprising a further 36%.

What are the largest producers of skim milk in the world?

The countries with the highest volumes of skim milk production in 2021 were the United States, Germany and France, together accounting for 29% of global production. New Zealand, Russia, Turkey, Ireland, Iran, the Netherlands, Poland, India, Canada and the UK lagged somewhat behind, together accounting for a further 36%.

What are the leading suppliers of skim milk to Uruguay?

In value terms, Brazil constituted the largest supplier of skim milk to Uruguay, comprising 92% of total imports. The second position in the ranking was occupied by the United States, with a 7.5% share of total imports.

What are the leading importers of skim milk from Uruguay?

In value terms, Venezuela emerged as the key foreign market for skim milk exports from Uruguay, comprising 82% of total exports. The second position in the ranking was occupied by Singapore, with an 8.8% share of total exports. It was followed by Brazil, with a 3.7% share.

What is the average export price for skim milk in Uruguay?

The average skim milk export price stood at $665 per ton in 2021, with an increase of 15% against the previous year.

What is the average import price for skim milk in Uruguay?

In 2021, the average skim milk import price amounted to $679 per ton, with an increase of 64% against the previous year.

This report provides an in-depth analysis of the skim milk market in Uruguay. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 888 - Skim Milk of Cows

Country coverage:

Uruguay

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uruguay
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023