Concentrated or sweetened milk and cream market in Bolivia

Earlier Report Observations

The market for concentrated or sweetened milk and cream in Bolivia saw significant fluctuations between 2018 and 2023. Starting at 22 513 t in 2018, the market volume benefited from a broader national increase in milk production that had grown by 28% in the preceding years, supporting dairy exports. It dipped to 19 977 t in 2019 before recovering to 22 097 t in 2020, a period where the sector continued to supply the local market despite challenges from the COVID-19 pandemic, aided by the maintained price band for raw milk aimed at market stability.

A sharp contraction followed in 2021, with the market volume falling to 15 556 t. By 2022, it stabilized at 15 336 t, a year marked by an estimated 1.7% growth in national milk production and persistently high raw milk prices. In 2023, the market volume grew slightly to 15 858 t. This occurred alongside government campaigns to boost per capita consumption, but was also impacted by blockades in Cochabamba that disrupted the production and transport of concentrated milk, causing losses of up to 40% of daily output in the region.

In 2024, prior to the availability of full-year market data, key policy measures were implemented. The government approved a law to foster the dairy productive complex, establishing the 'Leche para Crecer' fund to finance programs for production, processing, and commercialization. An agreement was also reached to maintain the raw milk price band for 2024 and 2025, backed by 14 million bolivianos to strengthen production.

Production concentrated or sweetened milk and cream in Bolivia

In kind, 2017-2020, t

Top producers of concentrated or sweetened milk and cream, 2017-2020

World map of production of concentrated or sweetened milk and cream, 2017-2020

In 2019, Bolivia's production of concentrated or sweetened milk and cream reached its lowest point at 17 217 tons, declining by 1.4% from the previous year. However, production rebounded in 2020 to 17 904 tons, marking a 4.0% increase compared to 2019. Over the period from 2017 to 2020, overall production grew by 2.8%, with an average annual growth rate of 0.9%.

Annual dynamics of production in Bolivia in kind, 2017-2020, t

In value, 2017-2020, K $ US

Bolivia's production of concentrated or sweetened milk and cream has increased for the third consecutive year. In 2020, the output was valued at 59 077 thousand US dollars, representing a 2.6% rise from the previous year. From 2017 to 2020, production value expanded by 14.5%, which translates to an annualized growth rate of 4.6%.

Annual dynamics of production in Bolivia in value, 2017-2020, K $ US

Exports concentrated or sweetened milk and cream from Bolivia

Exports in kind, t

Bolivia's exports of concentrated or sweetened milk and cream have grown for the second year in a row. In 2018, exports hit their lowest level at 4 218 tons, dropping by 31.7% from the prior year. By 2020, exports surged to 6 236 tons, reflecting a sharp 28.2% increase compared to 2019.

Annual dynamics of product's exports from Bolivia in kind, 2017-2020, t

From 2017 to 2020, Colombia and Peru were the primary destinations for Bolivia's exports of concentrated or sweetened milk and cream in volume terms, together accounting for 99.9% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Bolivia in kind, 2017-2020

Exports in value, K $ US

Bolivia's exports of concentrated or sweetened milk and cream have risen for the second consecutive year. In 2018, export value reached its minimum at 13 390 thousand US dollars, declining by 26.8% from the previous year. By 2020, exports climbed to 20 578 thousand US dollars, showing a 26.4% increase compared to 2019. Over the 2017-2020 period, export value grew by 12.5%, with an average annual growth rate of 4.0%.

Annual dynamics of product's exports from Bolivia in value, 2017-2020, K $ US

From 2017 to 2020, Colombia and Peru played key roles in Bolivia's exports of concentrated or sweetened milk and cream in value terms, together representing 99.9% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Bolivia in value, 2017-2020

Imports concentrated or sweetened milk and cream to Bolivia

Imports in kind, t

In 2019, Bolivia's imports of concentrated or sweetened milk and cream in volume terms were at their lowest, totaling 7 625 tons and falling by 17.8% from the previous year. By 2020, imports rose to 10 430 tons, up by 36.8% compared to 2019. From 2017 to 2020, import volume increased by 30.3%, equating to an annualized growth rate of 9.2%.

Annual dynamics of product's imports to Bolivia in kind, 2017-2020, t

From 2017 to 2020, Peru, Chile, and Uruguay were the largest suppliers of concentrated or sweetened milk and cream to Bolivia in volume terms. Peru accounted for 48.0% of imports, Chile for 19.4%, and Uruguay for 11.7%, together making up 79.1% of total import volume.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Bolivia in kind, 2017-2020

Imports in value, K $ US

In 2019, Bolivia's imports of concentrated or sweetened milk and cream in value terms saw the largest decline, dropping by 11.8% from the previous year. By 2020, imports reached 19 847 thousand US dollars, increasing by 38.9% compared to 2019. From 2017 to 2020, import value grew by 40.7%, which corresponds to an annualized growth rate of 12.1%.

Annual dynamics of product's imports to Bolivia in value, 2017-2020, K $ US

From 2017 to 2020, Peru, Uruguay, and the Netherlands were the main suppliers of concentrated or sweetened milk and cream to Bolivia in value terms. Peru contributed 45.4% of imports, Uruguay 19.3%, and the Netherlands 7.8%, jointly forming 72.4% of total import value.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Bolivia in value, 2017-2020