Argentina Gains Volume as Uruguay Hikes Dairy Prices: SDT No. 83 Report

The South Dairy Trade report reveals a notable dichotomy between the dairy export markets of Argentina and Uruguay as observed in the June and July 2025 data.

In June 2025, Argentina saw a rise in the volume of its dairy exports even as prices fell. The average price of Argentine dairy exports dropped by 1.67%, from USD 4,189.52 to USD 4,119.40 per ton, while the exported volume increased by 8.39%, from 11,546.61 tons to 12,516.64 tons. The number of export destinations remained relatively steady, dropping slightly from 31 to 30.

The report highlights variations in the prices and volumes of different dairy products in Argentina. For instance, Whole Milk Powder saw a slight price drop of 0.09% with an export amount of 4,666.68 tons. Skimmed Milk Powder experienced a 3.23% decrease in price, while 1,414.30 tons were exported. Notably, the export price of Semihard Cheese rose by 4.15%.

In contrast, Uruguay experienced a considerable price increase in July 2025, despite a reduction in export destinations. The average price of dairy exports rose by 9% from USD 3,921.28 to USD 4,273.69 per ton, with volumes marginally up by 1.99%, totalling 8,330.17 tons. The number of destinations dropped from 38 to 29, indicating a less diverse market reach.

Specific product trends in Uruguay showed Whole Milk Powder's price up by 0.67% and Hard Cheese's price was significantly higher by 15.32%. Mantequilla also indicated a price increase of 3.04% with 815.64 tons being exported.

These insights from SDT No. 83 underscore the dynamic nature of the South American dairy market, illustrating distinct strategic moves by Argentina and Uruguay in response to global economic conditions and market demands.