Report Update Apr 1, 2024

Puerto Rico - Dairy Produce - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Dairy Produce Market 2024

Dairy Produce Market Size in Puerto Rico

The Puerto Rican dairy produce market dropped to $X in 2021, which is down by -2.1% against the previous year. In general, consumption saw a slight decrease. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Dairy Produce Production in Puerto Rico

In value terms, dairy produce production dropped slightly to $X in 2021 estimated in export price. In general, production continues to indicate a slight descent. The pace of growth was the most pronounced in 2017 with an increase of 15% against the previous year. Puerto Rico production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

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Dairy Produce Exports

Exports from Puerto Rico

In 2021, exports of dairy produce from Puerto Rico totaled less than X kg, remaining stable against the year before. Overall, exports recorded a relatively flat trend pattern.

In value terms, dairy produce exports totaled less than $X in 2021. In general, exports continue to indicate a relatively flat trend pattern.

Exports by Country

In 2021, New Zealand (X tons) and Germany (X tons) represented the major exporters of dairy producein the world, together committing 29% of total exports. The Netherlands (X tons) held the next position in the ranking, followed by France (X tons) and Belgium (X tons). All these countries together held near 20% share of total exports. The United States (X tons), Poland (X tons), the UK (X tons), the Czech Republic (X tons), Ireland (X tons), Belarus (X tons), Austria (X tons) and Denmark (X tons) held a little share of total exports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +8.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X), Germany ($X) and the Netherlands ($X) constituted the countries with the highest levels of exports in 2021, with a combined 41% share of total exports.

In terms of the main exporting countries, New Zealand, with a CAGR of +9.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per ton, flattening at the previous year. In general, the export price showed a relatively flat trend pattern.

Prices varied noticeably country of origin: the country with the highest price was New Zealand ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+4.7%), while the other leaders experienced more modest paces of growth.

Dairy Produce Imports

Imports into Puerto Rico

In 2021, the amount of dairy produce imported into Puerto Rico amounted to less than X kg, remaining relatively unchanged against the previous year. Overall, imports continue to indicate a relatively flat trend pattern.

In value terms, dairy produce imports totaled less than $X in 2021. In general, imports recorded a relatively flat trend pattern.

Imports by Country

The purchases of the five major importers of dairy produce, namely Germany, China, the Netherlands, Belgium and Italy, represented more than third of total import. The following importers - the UK (X tons), France (X tons), Russia (X tons), Ireland (X tons), Spain (X tons), the United Arab Emirates (X tons), Lithuania (X tons) and Algeria (X tons) - together made up 19% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Ireland (with a CAGR of +18.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest dairy produce importing markets into Puerto Rico were Germany ($X), China ($X) and France ($X), together comprising 24% of total imports.

China, with a CAGR of +14.0%, saw the highest rates of growth with regard to the value of imports, among 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 2021, the import price in Puerto Rico amounted to less than $X per ton, remaining relatively unchanged against the previous year. Overall, the import price saw a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was France ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+5.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for dairy produce in the world?

The countries with the highest volumes of consumption in 2021 were India, the United States and Pakistan, together comprising 37% of global consumption.

What are the largest producers of dairy produce in the world?

The countries with the highest volumes of production in 2021 were India, the United States and Pakistan, with a combined 37% share of global production.

What are the leading suppliers of dairy produce to Puerto Rico?

In value terms, Germany, China and France were the countries with the highest levels of imports in 2021, with a combined 24% share of total imports.

What are the leading importers of dairy produce from Puerto Rico?

In value terms, New Zealand, Germany and the Netherlands constituted the countries with the highest levels of exports in 2021, together comprising 41% of total exports.

What is the average export price for dairy produce in Puerto Rico?

In 2021, the export price in Puerto Rico amounted to less than $0.1 per ton, remaining constant against the previous year.

What is the average import price for dairy produce in Puerto Rico?

The import price in Puerto Rico stood at less than $0.1 per ton in 2021, leveling off at the previous year.

This report provides an in-depth analysis of the dairy produce market in Puerto Rico. 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
FCL 1130 - Camel milk
FCL 882 - Cow milk, whole (fresh)
FCL 1020 - Goat milk
FCL 982 - Sheep milk
FCL 951 - Buffalo milk
FCL 897 - Dry Whole Cow Milk
FCL 898 - Dry Skim Cow Milk
FCL 889 - Whole Milk, Condensed
FCL 894 - Whole Milk, Evaporated
FCL 895 - Skim Milk, Evaporated
FCL 896 - Skim Milk, Condensed
FCL 891 - Yoghurt
FCL 983 - Butter and Ghee of Sheep Milk
FCL 1022 - Butter of Goat Milk
FCL 952 - Butter of Buffalo Milk
FCL 886 - Butter of Cow Milk
FCL 887 - Ghee from Cow Milk
FCL 953 - Ghee, from Buffalo Milk
FCL 901 - Cheese from Whole Cow Milk
FCL 904 - Cheese from Skimmed Cow Milk
FCL 905 - Whey Cheese
FCL 907 - Processed Cheese
FCL 955 - Cheese of Buffalo Milk
FCL 984 - Cheese of Sheep Milk
FCL 1021 - Cheese of Goat Milk
FCL 885 - Cream, Fresh
FCL 893 - Buttermilk, Curdled Milk, Acidified Milk
FCL 899 - Dry Buttermilk
FCL 892 - Yoghurt, Concentrated or Unconcent

Country coverage:

Puerto Rico

Data coverage:

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

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023