Argentina Dairy Market Analysis (01/12/2024 – 15/12/2024)
In the first half of December 2024, the Argentine dairy market showed a downward trend compared to the second half of November. The total average price per ton exported stood at U$D 3,359.82, which represents a 5.7% drop with respect to the U$D 3,562.60 recorded in the last 15 days of November.
The total volume exported also decreased, from 13,188.93 tons to 12,288.58 tons, reflecting a 6.8% contraction. However, the number of export destinations increased slightly, from 27 to 28 markets, suggesting greater diversification despite the fall in prices and volumes.
Summary by Product: Price and Variation
Whole Milk Powder:
- Price: USD 3,865.91
- Variation: +2.16%.
- Tons Exported: 5268.13
Skim Milk Powder:
- Price: USD 3.159,42
- Variation: +7,66%
- Tons Exported: 1154,97
Semi-hard cheese:
- Price: USD 4.501,34
- Variation: -0,38%
- Tons Exported: 928,88
Hard cheese: :
- Price: USD 6.328,36
- Variation: +1,07%
- Tons Exported: 380,71
Butter:
- Price: USD 6.274,92
- Variation: +5,04%
- Tons Exported: 947,87
ButterMilk:
- Price: USD 2.846,91
- Variation: +3,52%
- Tons Exported: 48,5
Whey Permeate:
- Price: USD 515,05
- Variation: -7,92%
- Tons Exported: 1060,4
Partially Demineralized Whey (D40%):
- Price: USD 1.018,41
- Variation: -0,11%
- Tons Exported: 1239,32
Whey Protein Concentrate Powder 35% (WPC 35%):
- Price: USD 2.052,44
- Variation: -0,15%
- Tons Exported: 1219
Whey Protein Concentrate Powder 80% (WPC 80%):
- Price: USD 7.000
- Variation: -12,45%
- Tons Exported: 40,8
Uruguay Dairy Market Analysis (01/01/2025 – 01/15/2025)
In the first half of January 2025, the Uruguayan dairy market showed a slight decline in prices and a more pronounced drop in the volume of exports compared to the second half of December 2024.
The total average price per ton decreased by 1%, from 3,689.28 U$D in the second half of December to 3,652.11 U$D in the first half of January. As for the volume exported, the drop was more significant, with a reduction of 24.1%, from 9,852.81 tons in the previous fortnight to 7,482.44 tons in the period analyzed. This could be due to seasonal factors, post-end-of-year shipment logistics or lower product availability. On the other hand, the number of export destinations increased from 28 to 29.
In general, the first half of January shows a less dynamic start to the year in terms of exports, with slightly lower prices but with a broadening of the base of markets served. It will be key to observe whether this trend is reversed in the second half of the month.
Whole Milk Powder:
- Price: USD 3.715,06
- Variation: +1,36%
- Tons Exported: 6073,72
Skim Milk Powder:
- Price: USD 3.218,97
- Variation: +12,71%
- Tons Exported: 321,11
Semi-Hard Cheese:
- Price: USD 4.770,58
- Variation: -1,55%
- Tons Exported: 149,7
Hard Cheese:
- Price: USD 7.182,60
- Variation: +9,09%
- Tons Exported: 37,91
Butter:
- Price: USD 6.205,15
- Variation: +0,29%
- Tons Exported: 325
ButterMilk:
- Price: USD 3.376
- Variation: Exports were again recorded in this period
- Tons Exported: 50
Partially Demineralized Whey (D40%):
- Price: USD 1.060,76
- Variation: -3,57%
- Tons Exported: 525
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