With greater domestic availability in Brazil, dairy imports fall 22% in September

Published 2023년 10월 20일

Tridge summary

Dairy imports in Brazil decreased in September compared to the previous month and the same period last year, likely due to increased domestic availability and lower prices in the production chain. The majority of imports were powdered milk, with Argentina and Uruguay being the main sources. The country also saw an increase in dairy exports, particularly in condensed milk, leading to a reduction in the trade balance deficit.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Dairy imports totaled 154 million liters of milk equivalent in September/23, a volume 21.8% lower than in August/23 and 24.3% lower than in September last year, according to data from Secex. This decline in imports is linked to the increase in domestic availability and the general drop in prices throughout the Brazilian production chain. Purchases of powdered milk, which represented 76.4% of total imports, totaled 117.6 million liters of milk equivalent in September/23, a decrease of 23.45% compared to the previous month. Of the total purchased, 48.6% came from Argentina, 36.5% from Uruguay, and the remainder from Paraguay. Powdered milk was imported at an average of US$3.35/kg, a drop of 2% compared to August/23. As a comparison, the average value of powdered milk exported by Brazil was much higher, at US$8.25/kg. International cheese purchases represented 22.8% of dairy imports and totaled 35.2 million liters of milk equivalent, 15.7% below the volume recorded in August, ...

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