Report Update May 1, 2024

Uruguay - Cream - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Cream Market 2021

Cream Market Size in Uruguay

In 2020, the Uruguayan cream market increased by X% to $X, rising for the ninth year in a row after four years of decline. Over the period under review, consumption posted prominent growth. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Cream consumption peaked in 2020 and is expected to retain growth in the immediate term.

Cream Production in Uruguay

In value terms, cream production totaled $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, production hit record highs in 2020 and is likely to see gradual growth in years to come.

Cream Exports

Exports from Uruguay

In 2020, shipments abroad of cream decreased by -X% to X tons, falling for the ninth consecutive year after five years of growth. Over the period under review, exports faced a drastic downturn. The pace of growth appeared the most rapid in 2011 when exports increased by X% y-o-y. As a result, exports attained the peak of X tons. From 2012 to 2020, the growth exports remained at a lower figure.

In value terms, cream exports fell rapidly to $X in 2020. Overall, exports faced a abrupt decrease. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Exports peaked at $X in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The Philippines (X tons) was the main destination for cream exports from Uruguay, with a X% share of total exports. Moreover, cream exports to the Philippines exceeded the volume sent to the second major destination, South Korea (X tons), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume to the Philippines totaled +X%.

In value terms, the Philippines ($X) and South Korea ($X) appeared to be the largest markets for cream exported from Uruguay worldwide, with a combined X% share of total exports.

The Philippines saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2020, the average cream export price amounted to $X per ton, with a decrease of -X% against the previous year. In general, the export price continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. The export price peaked at $X per ton in 2011; however, from 2012 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($X per ton), while the average price for exports to the Philippines amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to South Korea.

Cream Imports

Imports into Uruguay

In 2020, approx. X kg of cream were imported into Uruguay; flattening at the previous year. Over the period under review, imports enjoyed a notable increase. The pace of growth appeared the most rapid in 2011 when imports increased by X% year-to-year. As a result, imports reached the peak of X tons. From 2012 to 2020, the growth imports remained at a lower figure.

In value terms, cream imports stood at $X in 2020. In general, imports recorded a prominent expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. As a result, imports attained the peak of $X. From 2012 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2011, Argentina (X kg) constituted the largest supplier of cream to Uruguay, accounting for a X% share of total imports. Moreover, cream imports from Argentina exceeded the figures recorded by the second-largest supplier, France (X kg), twofold.

From 2007 to 2011, the average annual growth rate of volume from Argentina totaled +X%.

In value terms, the largest cream suppliers to Uruguay were France ($X) and Argentina ($X the main suppliers, Argentina (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2011, the average cream import price amounted to $X per ton, with an increase of X% against the previous year. Overall, import price indicated prominent growth from 2007 to 2011: its price increased at an average annual rate of +X% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2011, the country with the highest price was France ($X per ton), while the price for Argentina totaled $X per ton.

From 2007 to 2011, the most notable rate of growth in terms of prices was attained by France.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cream in the world?

The countries with the highest volumes of cream consumption in 2020 were China, the U.S. and Germany, with a combined 34% share of global consumption. France, Norway, Indonesia, Pakistan, Bangladesh, South Korea, Ethiopia, the UK, Iran and Canada lagged somewhat behind, together accounting for a further 24%.

What are the largest producers of cream in the world?

The countries with the highest volumes of cream production in 2020 were China, the U.S. and Germany, with a combined 34% share of global production. These countries were followed by Norway, Indonesia, Pakistan, Bangladesh, France, Ethiopia, South Korea, Iran, Canada and Democratic Republic of the Congo, which together accounted for a further 24%.

What are the leading suppliers of cream to Uruguay?

In value terms, the largest cream suppliers to Uruguay were France and Argentina.

What are the leading importers of cream from Uruguay?

In value terms, the Philippines and South Korea were the largest markets for cream exported from Uruguay worldwide, together accounting for 100% of total exports.

What is the average export price for cream in Uruguay?

The average cream export price stood at $786 per ton in 2020, dropping by -3.1% against the previous year.

What is the average import price for cream in Uruguay?

The average cream import price stood at $2,883 per ton in 2011, surging by 82% against the previous year.

This report provides an in-depth analysis of the cream market in Uruguay. 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 2025.

Product coverage:

Prodcom 10511210 - Milk and cream of a fat content by weight of > 6 % but . .21 %, n ot concentrated nor containing added sugar or other sweetening matter, in immediate packings of . 2 l
Prodcom 10511220 - Milk and cream of a fat content by weight of > 6 % but . .21 %, n ot concentrated nor containing added sugar or other sweetening matter, in immediate packings of > 2 l
Prodcom 10511230 - Milk and cream of a fat content by weight of > .21 %, not concentrated nor containing added sugar or other sweetening matter, in immediate packings of . 2 l
Prodcom 10511240 - Milk and cream of a fat content by weight of > .21 %, not concentrated nor containing added sugar or other sweetening matter, in immediate packings of > 2 l

Country coverage:

Uruguay

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uruguay
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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