Bolivia - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Bolivia - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights

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Powdered Milk Price in Bolivia - 2023

Contents:

  1. Powdered Milk Price in Bolivia (FOB) - 2023
  2. Powdered Milk Price in Bolivia (CIF) - 2023
  3. Powdered Milk Exports in Bolivia
  4. Powdered Milk Imports in Bolivia

Powdered Milk Price in Bolivia (FOB) - 2023

In October 2023, the average powdered milk export price amounted to $3,836 per ton, declining by -3.6% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 6.3% m-o-m. As a result, the export price attained the peak level of $4,024 per ton. From April 2023 to October 2023, the the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In October 2023, the country with the highest price was Peru ($4,017 per ton), while the average price for exports to Colombia totaled $3,803 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (-0.3%), while the prices for the other major destinations experienced a decline.

Powdered Milk Price in Bolivia (CIF) - 2023

The average powdered milk import price stood at $3,578 per ton in October 2023, approximately reflecting the previous month. In general, the import price continues to indicate a mild decline. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 6.9% month-to-month. As a result, import price attained the peak level of $4,265 per ton. From January 2023 to October 2023, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Paraguay ($4,293 per ton), while the price for Canada ($3,311 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (0.0%), while the prices for the other major suppliers experienced a decline.

Powdered Milk Exports in Bolivia

For the fourth year in a row, Bolivia recorded growth in overseas shipments of powdered milk, which increased by 6.2% to 9.7K tons in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 40% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, powdered milk exports skyrocketed to $41M in 2022. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 52% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Powdered Milk in Bolivia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia12.817.324.934.739.4%
Peru3.93.57.36.317.3%
Others0.70.50.20.4-17.0%
Total17.421.332.541.333.4%

Top Export Markets for Powdered Milk from Bolivia in 2022:

  1. Colombia (8.2K tons)
  2. Peru (1.4K tons)

Powdered Milk Imports in Bolivia

Powdered milk imports into Bolivia totaled 1.4K tons in 2022, approximately equating the previous year's figure. In general, imports, however, faced a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 15% against the previous year. As a result, imports reached the peak of 2.5K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, powdered milk imports rose rapidly to $5.8M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 37%. As a result, imports reached the peak of $8.2M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Powdered Milk in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay2,9854,5052,9753,3513.9%
Paraguay4081,2487991,47853.6%
Netherlands4554083305013.3%
Argentina369277216195-19.2%
PanamaN/A579361174-45.2%
New Zealand9372872.083.6-55.3%
Canada20014298.130.9-46.3%
Chile85.711441.41.2-75.9%
United States2756212410.3-89.7%
Others2553.23.40.4-88.4%
Total5,9698,1845,0685,816-0.9%

Top Suppliers of Powdered Milk to Bolivia in 2022:

  1. Uruguay (866.2 tons)
  2. Paraguay (323.8 tons)
  3. Netherlands (109.7 tons)
  4. Argentina (51.9 tons)
  5. Panama (39.3 tons)
  6. New Zealand (19.3 tons)
  7. Canada (8.2 tons)
  8. Chile (1.6 tons)
  9. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the powdered milk market in Bolivia. 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 897 - Dry Whole Cow Milk
  • FCL 898 - Dry Skim Cow Milk

Country coverage:

  • Bolivia

Data coverage:

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