Argentina: Dairy exports increased 11% in the first two months

Published 2024년 4월 3일

Tridge summary

In the first two months of the year, Argentina reported a significant increase in dairy exports, with a total of 70,036 thousand tons being exported, an 11% rise from the previous year, generating $251 million in revenue, a slight 1% increase. The exports, equivalent to 492.6 million liters, were led by whole milk powder, mozzarella, and whey, primarily to Brazil, Algeria, Chile, and China. Despite this export growth, the country experienced a decrease in milk processing by 8.4% and a notable 19.1% drop in whole milk powder stocks, with factory capacity utilization recorded at 35.6% in February.

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

Original content

To continue reading the article, log in with your account or register on MilkPoint. Get access to exclusive content! Argentina's National Dairy Directorate reported that, in the first two months of the year, 70,036 thousand tons were exported, which represents 11% more than in 2023. In dollars, the value reached 251 million, 1% more than in the previous year. Foreign sales demanded 492.6 million liters equivalent, 17% more than in the previous year. Whole milk powder is the most exported product, representing 40% of the total, followed by mozzarella, with 13%. Next comes whey with 12%, the group considered confidential (statistical secret) with 7%, skimmed milk powder with 7% and semi-hard cheeses (6%). Brazil is the most important export destination, with more than 28,000 tons in the first two months of the year, followed by Algeria, with 14,782,000 tons, Chile, with 5,339 tons, and China, with 2,280,000 tons. Another ...

Source: Milkpoint