Dairy exports fell 7% year-on-year

Dairy exports fell 7% year-on-year

February 8, 2024 – 21:38

During the first month of the year, billing fell for shipments of whole and skim milk powder, as well as for butter.

Photo: Conaprole

The dairy exports decreased by 7% year-on-year during January, compared to the same month last year, mainly as a result of the drop in billing from loan placements. milk powder whole and skimmedas well as butter.

He National Milk Institute (Inale)published the report of exports of dairy products corresponding to the month of January, which explains that the decrease in turnover is strictly related to the decrease in prices.

In total, in January of 82.3 million dollars per FOB exports —free on board—, totaling a drop of 7%. In the breakdown, whole milk powder meant a foreign exchange income of 53 million dollars despite a 7% drop; skimmed milk powder fell 3%, implying 4.5 million dollars; by butter 5.9 million dollars entered after an abrupt collapse of up to 34%; Meanwhile he cheese It was the only product for which more was invoiced, about 12.5 million dollars after climbing 18% year-on-year.

On a year-on-year basis, the price of whole milk powder grew 1% to $3,333 per ton; that of skimmed milk powder fell 6% to $2,963 per ton; that of cheeses increased by 1% to $4,943 per ton; while that of butter had an increase of 5% to 4,803 dollars per ton.

Tonnage in dairy shipments grew

Shipments of whole milk powder totaled 15,890 tons (5% more); those of skimmed milk powder shot up 23% to around 1,517 tons; those of cheese another 21% to 2,519 tons; while those of butter collapsed by 27% and reached 1,228 tons.

Among the main destinations of Uruguayan dairy products, Brazil accounted for 50% of overall shipments, followed in second place by Algeria by 15% and Mexico completes the podium with 4%.

Once again, the main buyer of powdered milk and cheese was Brazil, while the main importer of butter was once again Russia.

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts