MERCOSUR: Skim Milk Market 2024

Skim Milk Market Size in MERCOSUR

For the third consecutive year, the MERCOSUR skim milk market recorded growth in sales value, which increased by X% to $X in 2023. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2023, the growth of the market remained at a somewhat lower figure.

Skim Milk Production in MERCOSUR

In value terms, skim milk production rose to $X in 2023 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2023, production growth remained at a somewhat lower figure.

The country with the largest volume of skim milk production was Brazil (X tons), accounting for X% of total volume. Moreover, skim milk production in Brazil exceeded the figures recorded by the second-largest producer, Argentina (X tons), threefold. Chile (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2023, the average annual growth rate of volume in Brazil totaled X%. In the other countries, the average annual rates were as follows: Argentina (X% per year) and Chile (X% per year).

Skim Milk Exports

Exports in MERCOSUR

In 2023, the amount of skim milk exported in MERCOSUR skyrocketed to X tons, growing by X% on the year before. Overall, exports, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, skim milk exports skyrocketed to $X in 2023. In general, exports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

Argentina represented the key exporter of skim milk in MERCOSUR, with the volume of exports recording X tons, which was near X% of total exports in 2023. It was distantly followed by Brazil (X tons), comprising a X% share of total exports. Colombia (X tons) took a relatively small share of total exports.

From 2012 to 2023, average annual rates of growth with regard to skim milk exports from Argentina stood at X%. At the same time, Brazil (X%) and Colombia (X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2023. While the share of Argentina (X p.p.), Brazil (X p.p.) and Colombia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Argentina ($X) remains the largest skim milk supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in Argentina amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (X% per year) and Colombia (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2023, increasing by X% against the previous year. Over the period under review, the export price, however, recorded a mild curtailment. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2023, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced a decline in the export price figures.

Skim Milk Imports

Imports in MERCOSUR

In 2023, the amount of skim milk imported in MERCOSUR skyrocketed to X tons, rising by X% against the previous year's figure. In general, imports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, skim milk imports skyrocketed to $X in 2023. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Chile (X tons) represented the major importer of skim milk, comprising X% of total imports. It was distantly followed by Uruguay (X tons), constituting a X% share of total imports. The following importers - Guyana (X tons), Peru (X tons), Paraguay (X tons) and Venezuela (X tons) - together made up X% of total imports.

Chile experienced a relatively flat trend pattern with regard to volume of imports of skim milk. At the same time, Uruguay (X%), Paraguay (X%) and Guyana (X%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2023. By contrast, Peru (X%) and Venezuela (X%) illustrated a downward trend over the same period. While the share of Chile (X p.p.), Uruguay (X p.p.), Guyana (X p.p.), Paraguay (X p.p.) and Peru (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Venezuela (X p.p.) displayed negative dynamics.

In value terms, Chile ($X) constitutes the largest market for imported skim milk in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Uruguay ($X), with a X% share of total imports. It was followed by Guyana, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Chile amounted to X%. In the other countries, the average annual rates were as follows: Uruguay (X% per year) and Guyana (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2023, rising by X% against the previous year. Overall, the import price, however, continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2020 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Guyana ($X per ton), while Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2023, 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