Argentina: Dairy exports fell 16% in October

Published Dec 29, 2021

Tridge summary

In October 2021, Argentine dairy exports saw a decrease of 15.9% in volume and 5.2% in value compared to the same month in the previous year, according to the Observatory of the Argentine Dairy Chain (OCLA). Despite this, the first 10 months of the year showed a positive trend with over 317,000 tons of dairy products exported, generating over $1,055 million in revenue, which is a 5% increase in volume and 14.5% increase in foreign exchange earnings compared to the same period in 2020. Powdered milk was the dominant product, accounting for 46.6% of exports. The average price of total exports from January to October 2021 was 9% higher in dollars and 49.5% higher in pesos compared to the same period in 2020, and there is expected to be a rebound in sales for November and December, potentially closing the year with overall growth for the dairy sector.

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

Original content

The Observatory of the Argentine Dairy Chain (OCLA) analyzed the behavior of dairy exports from our country in October this year, which were 15.9% lower in volume and 5.2% in value, compared to the same month 2020. For the accumulated of the first 10 months of the year, the record continues to be positive, given that more than 317,000 tons of products were exported with a turnover of more than 1,055 million dollars, being 5% higher in volume compared to the same period 2020, with a 14.5% increase in foreign exchange earnings. In these ten months, 46.6% of dairy exports were monopolized by powdered milk, 25.3% by cheeses in their different pastes, 18.9% by products such as dulce de leche, butter, butyric oil and whey, and 9.2% for confidential products such as lactose, casein, yogurts, and others. It should also be noted that the average price ...

Source: ARInfocampo