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Brazil - Whole Fresh Milk - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Brazil - Whole Fresh Milk - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: May 23, 2023

Brazil's Whole Fresh Milk Price Grows Slightly to $939 per Ton

Brazil Whole Fresh Milk Export Price in February 2023

In February 2023, the whole fresh milk price amounted to $939 per ton (FOB, Brazil), picking up by 1.6% against the previous month. Over the period from February 2022 to February 2023, it increased at an average monthly rate of +3.6%. The pace of growth was the most pronounced in December 2022 an increase of 23% month-to-month. As a result, the export price reached the peak level of $986 per ton. From January 2023 to February 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong ($1,468 per ton), while the average price for exports to Uruguay ($726 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYExport Price of Whole Fresh Milk in Brazil (USD per ton)
Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023
Hong Kong1,1111,0571,1971,2911,2331,4841,8121,6151,5351,5311,5511,3421,468
Marshall Islands1,0251,0951,2011,2991,3521,3831,7111,6151,5691,3901,4011,4161,416
Liberia1,0681,0541,1101,2481,3441,5211,6971,6071,4681,3941,4361,3081,363
Panama1,0751,0411,1481,2031,2661,3651,6071,4851,3021,3121,3131,2811,357
Norway1,1311,2181,2271,2611,2491,6871,8091,4211,4841,5401,6651,4401,283
Argentina< 0.1< 0.1< 0.1618< 0.1< 0.1< 0.1< 0.1< 0.1< 0.11,1461,2411,087
Uruguay544538537596609690682702707707707718726
Average614639672708727779890809805805986925939

Brazil Whole Fresh Milk Exports

In February 2023, the amount of whole fresh milk exported from Brazil dropped markedly to 157 tons, waning by -30.8% compared with January 2023 figures. Overall, exports showed a perceptible curtailment. The most prominent rate of growth was recorded in September 2022 when exports increased by 92% against the previous month. As a result, the exports reached the peak of 447 tons. From October 2022 to February 2023, the growth of the exports failed to regain momentum.

In value terms, whole fresh milk exports dropped dramatically to $147K (IndexBox estimates) in February 2023. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 with an increase of 75% month-to-month. As a result, the exports reached the peak of $362K. From October 2022 to February 2023, the growth of the exports remained at a lower figure.

Brazil Whole Fresh Milk Exports by Country

Uruguay (100 tons) was the main destination for whole fresh milk exports from Brazil, accounting for a 64% share of total exports. Moreover, whole fresh milk exports to Uruguay exceeded the volume sent to the second major destination, Marshall Islands (8.4 tons), more than tenfold. Liberia (7.5 tons) ranked third in terms of total exports with a 4.8% share.

From February 2022 to February 2023, the average monthly growth rate of volume to Uruguay amounted to -5.7%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Marshall Islands (+0.5% per month) and Liberia (+2.6% per month).

In value terms, Uruguay ($72K) remains the key foreign market for whole fresh milk exports from Brazil, comprising 49% of total exports. The second position in the ranking was taken by Marshall Islands ($12K), with an 8.1% share of total exports. It was followed by Liberia, with a 6.9% share.

From February 2022 to February 2023, the average monthly growth rate of value to Uruguay stood at -3.4%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Marshall Islands (+3.3% per month) and Liberia (+4.7% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the whole fresh milk market in Brazil. 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 1130 - Camel milk
  • FCL 882 - Cow milk, whole (fresh)
  • FCL 1020 - Goat milk
  • FCL 982 - Sheep milk
  • FCL 951 - Buffalo milk

Country coverage:

  • Brazil

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Brazil
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, PRODUCING ANIMALS AND YIELD

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 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

  12. 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

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