Chile - Skim Milk of Cows - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

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

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Skim Milk Price in Chile - 2023

Contents:

  1. Skim Milk Price in Chile (CIF) - 2023
  2. Skim Milk Price in Chile (FOB) - 2022
  3. Skim Milk Imports in Chile
  4. Skim Milk Exports in Chile

Skim Milk Price in Chile (CIF) - 2023

In July 2023, the average skim milk import price amounted to $823 per ton, approximately reflecting the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 16% month-to-month. As a result, import price reached the peak level of $919 per ton. From January 2023 to July 2023, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Argentina ($823 per ton), while the price for Uruguay amounted to $820 per ton.

From September 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Poland (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Skim Milk Price in Chile (FOB) - 2022

The average skim milk export price stood at $645 per ton in 2022, almost unchanged from the previous year. Overall, the export price recorded a noticeable slump. The pace of growth was the most pronounced in 2017 when the average export price increased by 70% against the previous year. As a result, the export price reached the peak level of $1,343 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($3,343 per ton), while the average price for exports to Haiti ($106 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+7.0%), while the prices for the other major destinations experienced mixed trend patterns.

Skim Milk Imports in Chile

In 2022, imports of skim milk into Chile skyrocketed to 3.4K tons, with an increase of 26% against the year before. In general, total imports indicated a slight expansion from 2019 to 2022: its volume increased at an average annual rate of +1.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +102.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, skim milk imports skyrocketed to $2.7M in 2022. Over the period under review, imports showed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Skim Milk in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina1592863261,801124.6%
Poland37.6474909594150.9%
United KingdomN/A22.522.6188189.1%
Uruguay7.512.822.0132160.1%
Belgium43977.6213N/A-30.3%
Others1,59646434731.4-73.0%
Total2,2401,3361,8402,7477.0%

Top Suppliers of Skim Milk to Chile in 2022:

  1. Argentina (2337.9 tons)
  2. Poland (632.4 tons)
  3. United Kingdom (235.9 tons)
  4. Uruguay (168.7 tons)

Skim Milk Exports in Chile

In 2022, approx. 21 tons of skim milk were exported from Chile; remaining constant against the previous year's figure. In general, exports showed a sharp reduction. The smallest decline of 99.9% was in 2021.

In value terms, skim milk exports stood at $14K in 2022. Over the period under review, exports saw a precipitous shrinkage. The smallest decline of 99.9% was in 2021.

Export of Skim Milk in Chile (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Venezuela4.4N/A5.28.7%
Panama9.1N/A3.7-36.2%
Cuba7.6N/A2.8-39.3%
Peru3.8N/A1.1-46.2%
Bolivia2.0N/A0.7-40.8%
Aruba0.3N/A0.1-42.3%
Haiti0.1N/AN/A0%
OthersN/AN/AN/A0%
Total27.2N/A13.6-29.3%

Top Export Markets for Skim Milk from Chile in 2022:

  1. Venezuela (11.0 tons)
  2. Bolivia (4.9 tons)
  3. Cuba (2.0 tons)
  4. Peru (1.4 tons)
  5. Panama (1.1 tons)
  6. Haiti (0.4 tons)
  7. Aruba (0.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the skim milk market in Chile. 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:

  • Chile

Data coverage:

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