Mexico: Almost 200 million dollars were spent until October to import powdered milk

Published 2023년 1월 4일

Tridge summary

Between January and October 2022, Colombia imported 65,357 tons of dairy derivatives, marking the second highest volume on record at a cost of nearly $248 million. Imported dairy products, including whole powdered milk, skim milk powder, fresh and other cheeses, and other dairy derivatives, were primarily sourced from the United States (50% of total cost) and Chile (15.5%). This comes as domestic production remains below pre-pandemic levels, leading to increased importation despite rising costs.

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

Original content

Between January and October 2022, 65,357 tons of dairy derivatives were imported, making this year the second with the highest volume of purchases. Regarding the cost, this year will culminate with an exorbitant figure, since close to 248 million dollars were registered 2 months before the end of 2022. In these 10 months, 65,357 tons of powdered milk and other dairy derivatives were completed for a total of USD 247,948,000 (CIF value). The volume is 36.6% higher than the 47,862 t registered in the same period of 2021 and is 4,620 t higher than the 60,737 of all of last year. For its part, the cost is 75.6% higher than a year ago, which was USD 141.2 million, as well as 36% higher than the USD 182.3 million reported in the 12 months of 2021. ( Read: As of the 3rd quarter of 2022, the volume of dairy imports is almost equal to that of all of 2021) The report made by the Office of Planning and Economic Research of Fedegán-FNG based on DANE data also found that the volume is just 4.6% ...

Source: MXContexto