Brazil: Dairy Produce Market 2024

Dairy Produce Market Size in Brazil

The Brazilian dairy produce market fell to $X in 2022, leveling off at the previous year. Overall, consumption, however, recorded a mild descent. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Dairy Produce Production in Brazil

In value terms, dairy produce production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a deep reduction. The growth pace was the most rapid in 2016 when the production volume increased by X%. Dairy produce production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Dairy Produce Exports

Exports from Brazil

In 2022, after three years of growth, there was decline in overseas shipments of dairy produce, when their volume decreased by X% to X tons. Overall, exports continue to indicate a mild decline. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, dairy produce exports expanded notably to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Uruguay (X tons), Algeria (X tons) and Chile (X tons) were the main destinations of dairy produce exports from Brazil, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Uruguay (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dairy produce exported from Brazil were Algeria ($X), Chile ($X) and the United States ($X), together accounting for X% of total exports. Uruguay, Paraguay, Argentina, Venezuela, Israel, Trinidad and Tobago, the Philippines, the Dominican Republic, Cuba and Tunisia lagged somewhat behind, together comprising a further X%.

Uruguay, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average dairy produce export price amounted to $X per ton, with an increase of X% against the previous year. Overall, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dairy produce export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per ton), while the average price for exports to Uruguay ($X 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 Argentina (X%), while the prices for the other major destinations experienced more modest paces of growth.

Dairy Produce Imports

Imports into Brazil

In 2022, dairy produce imports into Brazil soared to X tons, rising by X% against the previous year's figure. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, dairy produce imports skyrocketed to $X in 2022. In general, total imports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

Argentina (X tons), Uruguay (X tons) and Paraguay (X tons) were the main suppliers of dairy produce imports to Brazil, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Paraguay (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Argentina ($X), Uruguay ($X) and Paraguay ($X) appeared to be the largest dairy produce suppliers to Brazil, together accounting for X% of total imports.

In terms of the main suppliers, Paraguay, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average dairy produce import price amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($X per ton), while the price for Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :