Brazilian dairy imports decline at the beginning of the year

Published 2022년 2월 21일

Tridge summary

In early 2022, Brazil experienced a significant decrease in dairy product imports, with a 23.3% drop from December 2021 to January 2022 and a 51.6% drop compared to January 2021, totaling 8.7 thousand tons. This decline is attributed to low domestic demand and high international prices. Powdered milk and cheese imports from Argentina and Uruguay saw the most significant reduction. Despite a slight decrease in total exports, which stood at 3.4 thousand tons, powdered milk exports to Algeria saw a notable increase. The dairy trade balance in January 2022 showed a deficit of US$ 21.5 million, a decrease of 32.3% from the previous month.

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Original content

Brazilian imports of dairy products declined in early 2022, according to the February edition of the Boletim do Leite do Cepea/Esalq/USP. “The reductions in imported volume were 23.3% from December/21 to January/22 and 51.6% compared to January/21, with a total of 8.7 thousand tons in the first month of the year – according to data from the Secex”, says a note signed by Munira Nasrrallah and Juliana Santos, from the Leite do Cepea team. The decline in imports is linked to the low demand on the domestic market, as the purchasing power of most Brazilians remains weakened, reports Cepea. In addition, he adds, the high levels of prices negotiated in the international market discouraged the purchase of dairy products. According to Secex, the volume of powdered milk purchased (which represented 58% of total purchases) decreased by 12% compared to December and 59% compared to the first month of 2021, totaling 5.05 thousand tons. The main countries selling this product to Brazil were ...

Source: Agroemdia