Argentina and Uruguay Boost Dairy Exports Amid Rising Global Demand

In recent weeks, Argentina and Uruguay have demonstrated substantial growth in their dairy export markets. Argentina's average export price has increased to USD 3,662.07 per ton, marking a 7.72% rise from the previous two weeks. The volume of dairy products exported also saw a notable increase of 17.07%, reaching 19,755.01 tons compared to the earlier 16,874.08 tons. Furthermore, Argentina expanded its export destinations from 34 to 39 countries, indicating a 14.71% growth in market diversification.

The export of whole milk powder from Argentina was priced at USD 3,359.72 per ton, with a 4.06% increase, while 9,165.03 tons were exported. Skimmed milk powder saw a price of USD 3,239.88 per ton, a 1.08% increase, and 1,970.91 tons were exported. Hard cheese was priced at USD 6,006.45 per ton, though it saw a 2.63% decrease in price, with 736.10 tons exported. Butter commanded a price of USD 5,075.22 per ton, with a 5.91% price increase, and 1,423.31 tons were exported.

Uruguay also experienced growth in its dairy export sector during the latter half of April. The average export price reached USD 3,504.64 per ton, a 7.15% increase. Volume-wise, Uruguay exported 8,897.87 tons, up by 9.22% from the previous period. Uruguay's export markets remained stable at 24, indicating a consistent trade channel.

Whole milk powder from Uruguay was exported at USD 3,529.41 per ton, with a 6.39% price increase, while 6,952.20 tons were exported. Butter saw a significant price increase of 10.25%, reaching USD 5,614.42 per ton, with 423.88 tons exported. Partially demineralized whey D40% was priced at USD 1,447.99 per ton, with a 6.51% increase, and 683.35 tons exported.