South Dairy Trade ARGENTINA:
Biweekly Comparison (Second vs. First Half of November 2024):
| Indicator | 16/11 – 30/11/2024 | 01/11 – 15/11/2024 | Absolute Variation | Relative variation (%) |
| Average Price (U$D/Ton) | $3.562,60 | $3.643,54 | -$80,94 | -2,22% |
| Export Destinations | 27 | 28 | -1 | -3,57% |
| Tons Exported | 13.188,93 | 13.744,90 | -555,97 | -4,05% |
Observations:
- Average price: The second fortnight recorded a slight drop of 2.22% in the average price per ton exported.
- Destinations: There was a slight reduction in the number of destinations, from 28 to 27.
- Volume exported: The second fortnight showed a decrease of 4.05% in tons exported, indicating a lower dynamism in export activity.
Monthly Analysis (November 2024)
| Indicator | Total November 2024 | Daily Average |
| Average Price (U$D/Ton) | $3.602,07 | – |
| Tons Exported | 26.933,83 | 897,79 |
Observations:
- Monthly Average Price: The average price for November ($3,602.07) reflects stability in international values, although with a slight downward trend toward the end of the month.
- Exports: Nearly 27,000 tons were exported in November, with a daily average of 897.79 tons. This indicates solid performance, though the decrease in the second half of the month impacted the monthly total.
Conclusion:
The second half of November showed a slight decline compared to the first, both in terms of average price and volumes exported and destinations. However, at the monthly level, November showed a positive performance in terms of diversification and total volume exported, although with signs of a slowdown in the last fortnight. This could indicate the need to evaluate factors such as price competitiveness, international demand and market strategies to sustain the export rhythm in future months.
Summary by Product: Price and Variation
- Whole Milk Powder
- Price: USD 3.784,17
- Variation: +0,35%
- Tons Exported: 6595,11
- Skim Milk Powder
- Price: USD 2.934,58
- Variation: -5,81%
- Tons Exported: 940,71
- Semi-Hard Cheese
- Price: USD 4.518,73
- Variation: +0,10%
- Tons Exported: 1154,72
- Hard Cheese
- Price: USD 6.261,51
- Variation: -1,29%
- Tons Exported: 613,97
- Butter
- Price: USD 5.973,67
- Variation: -1,26%
- Tons Exported: 1061,94
- ButterMilk
- Price: USD 2.750,00
- Variation: -6,78%
- Tons Exported: 25
- Whey Permeate
- Price: USD 559,38
- Variation: +20,35%
- Tons Exported: 758
- Partially Demineralized Whey (D40%)
- Price: USD 1.019,57
- Variation: +2,09%
- Tons Exported: 1389,48
- Whey Protein Concentrate 35% (WPC 35%)
- Price: USD 2.055,59
- Variation: -11,90%
- Tons Exported: 546
- Whey Protein Concentrate 80% (WPC 80%)
- Price: USD 7.995,00
- Variation: +3,16%
- Tons Exported: 104
South Dairy Trade URUGUAY:
Biweekly Comparison (Second vs. First Fortnight of December 2024)
| Indicator | 16/12 – 31/12/2024 | 01/12 – 15/12/2024 | Absolute Variation | Relative variation (%) |
| Average Price (U$D/Ton) | $3.689,28 | $3.656,55 | +$32,73 | +0,90% |
| Export Destinations | 28 | 25 | +3 | +12,00% |
| Tons Exported | 9.852,81 | 9.125,95 | +726,86 | +7,97% |
Remarks:
- Average price: During the second half of December, the average price increased by 0.90%, reflecting a slight improvement in market conditions.
- Destinations: Export destinations increased from 25 to 28.
- Volume exported: Tons exported increased by 7.97%, with an absolute increase of 726.86 tons.
Monthly Analysis (December 2024)
| Indicator | Total December 2024 | Daily Average |
| Average Price (U$D/Ton) | $3.673,58 | – |
| Tons Exported | 18.978,76 | 612,86 |
Remarks:
- Average monthly price: The average consolidated price for December was $3,673.58 per ton, with a slight upward trend towards the second half of the month.
- Exports: In total, 18,978.76 tons were exported in December, with a daily average of 612.86 tons.
Conclusion:
The second half of December showed improvements in all key indicators, with increases in average prices, volumes exported and export destinations. On a monthly basis, December showed a solid performance, with a good balance between diversification and export growth, although with a more pronounced positive trend towards the end of the month. This indicates a favorable end to the year for the Uruguayan dairy sector.
Summary by Product: Price and Variation
- Whole Milk Powder
- Price: USD 3.663,90
- Variation: -0,15%
- Tons Exported: 8014,7
- Skim Milk Powder
- Price: USD 2.786,75
- Variation: +0,23%
- Tons Exported: 836,81
- Semi-Hard Cheese
- Price: USD 4.874,84
- Variation: +0,64%
- Tons Exported: 92,3
- Hard Cheese
- Price: USD 7.028,93
- Variation: +1,94%
- Tons Exported: 111
- Butter
- Price: USD 6.215,47
- Variation: +1,53%
- Tons Exported: 497
- ButterMilk
- No exports were recorded in this period.
- Partially Demineralized Whey (D40%)
- Price: USD 1.088,10
- Variation: +4,26%
- Tons Exported: 301
