MERCOSUR: Market for Buttermilk And Buttermilk Powder 2024

Market Size for Buttermilk And Buttermilk Powder in MERCOSUR

The MERCOSUR buttermilk and buttermilk powder market declined to $X in 2022, remaining constant against the previous year. Over the period under review, consumption continues to indicate a perceptible curtailment. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Buttermilk And Buttermilk Powder in MERCOSUR

In value terms, buttermilk and buttermilk powder production reduced slightly to $X in 2022 estimated in export price. Overall, production saw a perceptible descent. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Exports of Buttermilk And Buttermilk Powder

Exports in MERCOSUR

In 2022, the amount of buttermilk and buttermilk powder exported in MERCOSUR dropped significantly to X tons, which is down by X% compared with the previous year. Over the period under review, exports showed a noticeable decrease. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, buttermilk and buttermilk powder exports surged to $X in 2022. In general, exports saw a slight decrease. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uruguay was the key exporter of buttermilk and buttermilk powder in MERCOSUR, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2022. Argentina (X tons) took the second position in the ranking, followed by Colombia (X tons) and Brazil (X tons). All these countries together took near X% share of total exports.

Uruguay experienced a relatively flat trend pattern with regard to volume of exports of buttermilk and buttermilk powder. At the same time, Colombia (X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. Argentina experienced a relatively flat trend pattern. By contrast, Brazil (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uruguay, Colombia and Argentina increased by X, X and X percentage points, respectively.

In value terms, Uruguay ($X) remains the largest buttermilk and buttermilk powder supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Argentina ($X), with a X% share of total exports. It was followed by Colombia, with a X% share.

In Uruguay, buttermilk and buttermilk powder exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Argentina (X% per year) and Colombia (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, picking up by X% against the previous year. Export price indicated a measured increase 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, buttermilk and buttermilk powder export price increased by X% against 2020 indices. As a result, the export 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 suppliers, the country with the highest price was Uruguay ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Buttermilk And Buttermilk Powder

Imports in MERCOSUR

In 2022, the amount of buttermilk and buttermilk powder imported in MERCOSUR soared to X tons, growing by X% against the previous year. Over the period under review, imports, however, saw a pronounced reduction. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, buttermilk and buttermilk powder imports skyrocketed to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Peru (X tons) and Brazil (X tons) dominates imports structure, together mixing up X% of total imports. Uruguay (X tons) ranks next in terms of the total imports with a X% share, followed by Colombia (X%). The following importers - Suriname (X tons) and Ecuador (X tons) - each resulted at a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Colombia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest buttermilk and buttermilk powder importing markets in MERCOSUR were Peru ($X), Brazil ($X) and Uruguay ($X), with a combined X% share of total imports. Colombia, Ecuador and Suriname lagged somewhat behind, together accounting for a further X%.

Colombia, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, rising by X% against the previous year. Import price indicated a temperate increase 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, buttermilk and buttermilk powder import price increased by X% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while Suriname ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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