Market research

Milk and cream market in Paraguay

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

From 2018 to 2020, milk and cream production in Paraguay grew from 482.4 to 558.7 thousand tons. This expansion was primarily driven by increased domestic milk output and significant investments in industrial capacity by major dairy companies, which diversified product ranges and enhanced processing capabilities.

Following a period of stabilization in 2021, production resumed its growth, reaching 588.3 thousand tons by 2023. The introduction of a technical regulation establishing safety and quality standards for dairy products provided a foundation for market development. This period also saw the launch of new specialized products, such as lactose-free and high-protein milk, catering to specific consumer niches and supporting volume growth.

In subsequent years, the industry maintained its focus on quality and expansion. The adoption of Best Livestock Practices improved milk safety, while strategic plans for new processing infrastructure aimed to secure market access for producers and support continued production increases.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Paraguay
  1. 5.1.1. Annual dynamics of production in Paraguay in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in Paraguay in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Paraguay in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Paraguay by countries, 2018-2025, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Paraguay in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Paraguay by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Paraguay, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Paraguay by countries, 2018-2025, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Paraguay in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Paraguay by countries, 2018-2025, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Paraguay in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Paraguay by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Paraguay, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Paraguay by countries, 2018-2025, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Paraguay in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Paraguay by countries, 2018-2025, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Paraguay in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Paraguay by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Paraguay, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Paraguay by countries, 2018-2025, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Paraguay in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Paraguay by countries, 2018-2025, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Paraguay in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Paraguay by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Paraguay, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Paraguay by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production milk and cream in Paraguay

In kind, 2018-2021, K t

Top producers of milk and cream, 2018-2021

Source: SHEV.io

World map of production of milk and cream, 2018-2021

Source: SHEV.io

Paraguay's milk and cream production saw a decline in 2021 after two years of growth. That year, production reached 551.7 thousand tons, marking a slight decrease of 1.3% compared to 2020. Looking at the broader period from 2018 to 2021, production increased by 14.4%, with an average annual growth rate of 4.6%. The peak was recorded in 2020 at 558.7 thousand tons, which also saw the largest annual increase of 13.5%.

Annual dynamics of production in Paraguay in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	2.1%	13.5%	(1.3%)	4.6%

Source: SHEV.io

Exports milk and cream from Paraguay

Exports in kind, t

Paraguay's milk and cream export volume fell for the second year in a row in 2021, dropping to 50 tons—an 8.9% decrease from the previous year. Over the 2018-2021 period, exports declined by 22.4%, translating to an average annual drop of 8.1%. The highest export volume was in 2019 at 70 tons, which also experienced the largest increase of 8.7%. In contrast, 2020 saw the steepest decline of 21.7%.

Annual dynamics of product's exports from Paraguay in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	8.7%	(21.7%)	(8.9%)	(8.1%)

Source: SHEV.io

From 2018 to 2021, Bolivia was the primary and nearly exclusive destination for Paraguay's milk and cream exports in volume terms, accounting for 95.3% of the total.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Paraguay in kind, 2018-2021

Source: SHEV.io

Exports in value, K $ US

In 2021, Paraguay's milk and cream exports in value terms surged to 73 thousand US dollars, reflecting a sharp increase of 27.4% year-over-year. Over the 2018-2021 span, exports grew by 8.5%, with an average annual rate of 2.8%. The lowest value was recorded in 2020 at 58 thousand US dollars, which also saw the largest decline of 28.4%. The peak occurred in 2019 at 81 thousand US dollars.

Annual dynamics of product's exports from Paraguay in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	18.9%	(28.4%)	27.4%	2.8%

Source: SHEV.io

During 2018-2021, Bolivia and Uruguay were the two main destinations for Paraguay's milk and cream exports in value terms. Bolivia accounted for 88.1% of total flows, while Uruguay made up 11.9%, together representing the entire export volume.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Paraguay in value, 2018-2021

Source: SHEV.io

Imports milk and cream to Paraguay

Imports in kind, t

Paraguay's milk and cream imports continued to rise for the third consecutive year in 2021, reaching 1 392 tons—a 1.6% increase from 2020. From 2018 to 2021, imports grew by 61.3%, with an average annual growth rate of 17.3%.

Annual dynamics of product's imports to Paraguay in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	15.8%	37.1%	1.6%	17.3%

Source: SHEV.io

Between 2018 and 2021, Argentina and Brazil dominated Paraguay's milk and cream imports in volume terms, together accounting for 98.0% of total flows, with the remainder distributed among other markets.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Paraguay in kind, 2018-2021

Source: SHEV.io

Imports in value, K $ US

After two years of growth, Paraguay's milk and cream imports in value terms declined in 2021, totaling 1 400 thousand US dollars—a 9.0% decrease from 2020. Over the 2018-2021 period, imports increased by 18.2%, with an average annual rate of 5.7%. The highest value was recorded in 2020 at 1 538 thousand US dollars, which also saw the largest increase of 24.0%.

Annual dynamics of product's imports to Paraguay in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	4.7%	24.0%	(9.0%)	5.7%

Source: SHEV.io

From 2018 to 2021, Brazil and Argentina were the key markets for Paraguay's milk and cream imports in value terms, jointly absorbing 93.8% of the total, while smaller markets accounted for the rest.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Paraguay in value, 2018-2021

Source: SHEV.io