The cost of dairy imports up to February rose 31.6% in Colombia

The volume of imports of dairy products in the first two months was only 3.3% higher than in the same period of 2021, but the value was 31.6% higher. This means that despite the international cost and the high exchange rate, the flow of dairy purchases did not stop. In the first two months of 2022, 19,293 tons of powdered milk and other derivatives entered the country, 619 more than the 18,674 in the first two months of 2021 (+ 3.3%). (Read: More than USD 182.3 million were spent in 2021 to import 60,737 tons of dairy products) In fact, figures from the National Administrative Department of Statistics (DANE) compiled by the Fedegán-FNG Economic Planning and Research Office reveal that this cost is the second highest in history for that period, only below 2020. Compared to two years ago, the volume is 21% lower than the 24,407 tons imported back then. But instead, the difference is only -7.5% against the CIF value of 69 million dollars. (Read: In January 2022, 14,517 tons of dairy ...