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

Argentina - Skimmed Milk - Market Analysis, Forecast, Size, Trends and Insights

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Price for Powdered, Condensed or Evaporated Milk in Argentina - 2023

Contents:

  1. Price for Powdered, Condensed or Evaporated Milk in Argentina (FOB) - 2022
  2. Price for Powdered, Condensed or Evaporated Milk in Argentina (CIF) - 2022
  3. Exports of Powdered, Condensed or Evaporated Milk in Argentina
  4. Imports of Powdered, Condensed or Evaporated Milk in Argentina

Price for Powdered, Condensed or Evaporated Milk in Argentina (FOB) - 2022

In 2022, the average export price for powdered, condensed or evaporated milk amounted to $3,921 per ton, with an increase of 16% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 20% against the previous year. The export price peaked at $4,823 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Venezuela ($4,226 per ton) and Peru ($4,206 per ton), while the average price for exports to China ($3,711 per ton) and Chile ($3,772 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Powdered, Condensed or Evaporated Milk in Argentina (CIF) - 2022

The average import price for powdered, condensed or evaporated milk stood at $3,280 per ton in 2022, surging by 67% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($42,444 per ton), while the price for Peru ($1,315 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+36.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Powdered, Condensed or Evaporated Milk in Argentina

In 2022, the amount of powdered, condensed or evaporated milk exported from Argentina surged to 182K tons, with an increase of 27% compared with the year before. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +16.3% 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 +57.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 45% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, powdered, condensed or evaporated milk exports surged to $715M in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Powdered, Condensed or Evaporated Milk in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Algeria16321034135129.1%
Brazil12420211223924.4%
Peru15.727.15.126.218.6%
CubaN/AN/A1.719.41041.2%
China13.114.013.113.92.0%
Chile1.910.20.711.883.8%
Others23.933.915.654.831.9%
Total34249748971527.9%

Top Export Markets for Powdered, Condensed or Evaporated Milk from Argentina in 2022:

  1. Algeria (90.2K tons)
  2. Brazil (59.6K tons)
  3. Peru (6.2K tons)
  4. Cuba (5.1K tons)
  5. China (3.7K tons)
  6. Chile (3.1K tons)

Imports of Powdered, Condensed or Evaporated Milk in Argentina

For the third consecutive year, Argentina recorded decline in supplies from abroad of powdered, condensed or evaporated milk, which decreased by -24.9% to 430 tons in 2022. In general, imports recorded a sharp setback. The smallest decline of -21.1% was in 2021.

In value terms, powdered, condensed or evaporated milk imports surged to $1.4M in 2022. Overall, imports continue to indicate a sharp slump.

Import of Powdered, Condensed or Evaporated Milk in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil6293347657465.9%
United States1.11.154.8476656.4%
France89.948.124.489.3-0.2%
Germany3.917.39.948.4131.5%
Peru44.697.235.434.7-8.0%
United Arab EmiratesN/A615220N/A-64.2%
Uruguay5,342414N/AN/A-92.3%
Others38.328812.815.7-25.7%
Total6,1481,8141,1221,411-38.8%

Top Suppliers of Powdered, Condensed or Evaporated Milk to Argentina in 2022:

  1. Brazil (351.1 tons)
  2. Peru (26.4 tons)
  3. France (17.5 tons)
  4. Germany (14.4 tons)
  5. United States (11.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for powdered, condensed or evaporated milk in Argentina. 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 889 - Whole Milk, Condensed
  • FCL 894 - Whole Milk, Evaporated
  • FCL 895 - Skim Milk, Evaporated
  • FCL 896 - Skim Milk, Condensed
  • FCL 897 - Dry Whole Cow Milk
  • FCL 898 - Dry Skim Cow Milk

Country coverage:

  • Argentina

Data coverage:

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