Argentina - Buttermilk And Buttermilk Powder - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Argentina - Buttermilk And Buttermilk Powder - Market Analysis, Forecast, Size, Trends and Insights

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Price for Buttermilk and Buttermilk Powder in Argentina - 2022

Contents:

  1. Price for Buttermilk and Buttermilk Powder in Argentina (FOB) - 2022
  2. Price for Buttermilk and Buttermilk Powder in Argentina (CIF) - 2022
  3. Exports of Buttermilk and Buttermilk Powder in Argentina
  4. Imports of Buttermilk and Buttermilk Powder in Argentina

Price for Buttermilk and Buttermilk Powder in Argentina (FOB) - 2022

In 2022, the average buttermilk and buttermilk powder export price amounted to $2,050 per ton, reducing by -8.5% against the previous year. In general, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, buttermilk and buttermilk powder export price increased by +16.7% against 2019 indices. The pace of growth appeared the most rapid in 2016 an increase of 26%. The export price peaked at $2,240 per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($3,103 per ton), while the average price for exports to Uruguay ($1,205 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Buttermilk and Buttermilk Powder in Argentina (CIF) - 2022

In 2022, the average buttermilk and buttermilk powder import price amounted to $1,468 per ton, waning by -3.7% against the previous year. In general, the import price, however, continues to indicate a perceptible increase. The most prominent rate of growth was recorded in 2017 an increase of 95% against the previous year. Over the period under review, average import prices hit record highs at $3,936 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($2,910 per ton), while the price for Brazil ($1,061 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+7.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Buttermilk and Buttermilk Powder in Argentina

In 2022, the amount of buttermilk and buttermilk powder exported from Argentina rose remarkably to 888 tons, growing by 6% against the previous year's figure. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -5.4% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 62% against the previous year. As a result, the exports attained the peak of 939 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, buttermilk and buttermilk powder exports declined slightly to $1.8M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 74%.

Export of Buttermilk and Buttermilk Powder in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil13656892999894.3%
Uruguay418583411398-1.6%
Philippines1531821631550.4%
Thailand46.715411110631.4%
Peru11011488.379.4-10.3%
United Arab Emirates70.114016751.8-9.6%
Others82.225.18.434.1-25.4%
Total1,0171,7671,8771,82221.5%

Top Export Markets for Buttermilk and Buttermilk Powder from Argentina in 2022:

  1. Uruguay (330.4 tons)
  2. Brazil (321.7 tons)
  3. Philippines (106.5 tons)
  4. Thailand (45.0 tons)
  5. Peru (40.3 tons)
  6. United Arab Emirates (23.3 tons)

Imports of Buttermilk and Buttermilk Powder in Argentina

In 2022, imports of buttermilk and buttermilk powder into Argentina surged to 81 tons, increasing by 28% against the previous year. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +12.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -8.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 54% against the previous year. As a result, imports reached the peak of 89 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, buttermilk and buttermilk powder imports skyrocketed to $119K in 2022. Over the period under review, imports, however, recorded a perceptible decrease.

Import of Buttermilk and Buttermilk Powder in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand31.235.628.540.38.9%
United States21.736.024.128.69.6%
Brazil34.832.521.324.6-10.9%
Italy26.925.016.218.7-11.4%
Germany11.09.35.55.7-19.7%
Others1.73.91.21.6-2.0%
Total12714296.7119-2.1%

Top Suppliers of Buttermilk and Buttermilk Powder to Argentina in 2022:

  1. United States (25.9 tons)
  2. Brazil (23.2 tons)
  3. Italy (15.4 tons)
  4. New Zealand (13.8 tons)
  5. Germany (2.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for buttermilk and buttermilk powder in Argentina. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 893 - Buttermilk, Curdled Milk, Acidified Milk

Country coverage:

  • Argentina

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Argentina
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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