26% of the milk produced in Argentina goes for export

Published 2022년 10월 27일

Tridge summary

Argentina's dairy exports have seen a significant increase between January and September 2022, with a total of 299,897 tons, a 6.8% increase from the previous year, and revenue of $1,212 million, up 29.6% year-on-year. The country exported 2,193 million liters of dairy products, a 9.8% increase from 2021, accounting for 26% of the national production volume. The main exports included powdered milk (49.6%), cheeses (23.6%), and other dairy products (17.1%). The average export price per ton was $4,043, a 21.4% increase from 2021. The main destinations for these exports were Brazil (27.4%), Algeria (24.8%), and Chile (8.3%). Despite these record exports and high international market prices, the productive links have not seen any economic benefits due to export duties and a delayed exchange rate.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The data on exports of dairy products as of September 2022, according to the provisional INDEC publication, speak of a very interesting performance from January to September. An accumulated of 299,897 tons, 6.8% higher than the period of the previous year, and an income of 1,212 million dollars, which means an increase of 29.6% in the interannual comparison. These numbers explain that 2,193 million liters equivalent in dairy products, 9.8% more than in 2021, totaling a participation over the volume of national production that amounts to 26%. Even the consolidated data until August, according to the National Dairy Directorate, indicate that Argentina is growing in the accumulated 8% in tons and 32% in foreign currency, as a result of the increase in dairy prices compared to a year ago. THE NUMBERS OF SEPTEMBERThe distribution of exports in large items based on the total value in US$ for the period January-September 2022, were: 49.6% for powdered milk, 23.6% for cheeses in their ...

Source: Diariolaopinion