Market research

Whey market in MERCOSUR

Whey market in MERCOSUR

Release date: Mar 27, 2026

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Research period: 2017-2025

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"MERCOSUR" region includes following countries:

Brazil
Argentina
Uruguay
Paraguay

Earlier Report Observations

From 2018 to 2020, the whey market volume in MERCOSUR expanded from 33 937 t to 50 008 t, while its value rose from $39.2 million to $63.1 million. Efforts to strengthen intra-bloc trade through local currency payment agreements supported domestic demand. The COVID-19 pandemic, despite causing supply-chain disruptions, reduced export flows, making more product available for the regional market.

After peaking at 56 522 t ($78.9 million) in 2021, market volume dipped to 50 804 t in 2022 as MERCOSUR reached its highest-ever trade volume, boosting whey exports. The following year, volume recovered to 56 651 t ($86.0 million) amid the formalization of Bolivia's accession protocol, which signaled further market integration and regulatory adjustments.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 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, 2018-2024
        3. 4.1.1.3. Exports, 2018-2024
        4. 4.1.1.4. Market size, 2018-2023
      2. 4.1.2. In value
        1. 4.1.2.1. Production, 2018-2023
        2. 4.1.2.2. Imports, 2018-2024
        3. 4.1.2.3. Exports, 2018-2024
        4. 4.1.2.4. Market size, 2018-2023
    2. 4.2. Market Trends and Factors
  5. 5. Production
    1. 5.1. Production in MERCOSUR
      1. 5.1.1. Annual dynamics of production in MERCOSUR in kind, 2018-2023, K t
    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. 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 Brazil in kind, 2018-2024, t
        2. 6.1.2.2. Dynamics of product's imports in kind to Brazil by countries, 2018-2024, t
        3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 6.1.3. Imports in value, M $ US
        1. 6.1.3.1. Annual dynamics of product's imports to Brazil in value, 2018-2024, M $ US
        2. 6.1.3.2. Dynamics of product's imports in value to Brazil by countries, 2018-2024, M $ US
        3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
      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 Brazil, 2018-2024, $ US/t
        2. 6.1.4.2. Dynamics of average price of product's imports to Brazil by countries, 2018-2024, $ 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 Brazil in kind, 2018-2024, t
        2. 6.2.2.2. Dynamics of product's imports in kind to Brazil by countries, 2018-2024, t
        3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 6.2.3. Imports in value, M $ US
        1. 6.2.3.1. Annual dynamics of product's imports to Brazil in value, 2018-2024, M $ US
        2. 6.2.3.2. Dynamics of product's imports in value to Brazil by countries, 2018-2024, M $ US
        3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
      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 Brazil, 2018-2024, $ US/t
        2. 6.2.4.2. Dynamics of average price of product's imports to Brazil by countries, 2018-2024, $ US/t
  7. 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 Brazil in kind, 2018-2024, t
        2. 7.1.2.2. Dynamics of product's exports in kind from Brazil by countries, 2018-2024, t
        3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 7.1.3. Exports in value, M $ US
        1. 7.1.3.1. Annual dynamics of product's exports from Brazil in value, 2018-2024, M $ US
        2. 7.1.3.2. Dynamics of product's exports in value from Brazil by countries, 2018-2024, M $ US
        3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
      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 Brazil, 2018-2024, $ US/t
        2. 7.1.4.2. Dynamics of average price of product's exports from Brazil by countries, 2018-2024, $ 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 Brazil in kind, 2018-2024, t
        2. 7.2.2.2. Dynamics of product's exports in kind from Brazil by countries, 2018-2024, t
        3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 7.2.3. Exports in value, M $ US
        1. 7.2.3.1. Annual dynamics of product's exports from Brazil in value, 2018-2024, M $ US
        2. 7.2.3.2. Dynamics of product's exports in value from Brazil by countries, 2018-2024, M $ US
        3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
      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 Brazil, 2018-2024, $ US/t
        2. 7.2.4.2. Dynamics of average price of product's exports from Brazil by countries, 2018-2024, $ US/t
  8. 8. Trade balance
    1. 8.1. Trade balance (Direct Data)
      1. 8.1.1. In kind, t
      2. 8.1.2. In value, M $ US
    2. 8.2. Trade balance (Mirror Data)
      1. 8.2.1. In kind, t
      2. 8.2.2. In value, M $ US
  9. 9. Top buying and selling countries, 2018-2024
    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 whey in MERCOSUR

In kind, 2017-2020, K t

Top producers of whey, 2017-2020

Source: SHEV.io

World map of production of whey, 2017-2020

Source: SHEV.io

In 2020, MERCOSUR produced 86 K t of whey, representing a modest increase of 5.6% compared to 2019. Over the 2017-2020 period, production grew by 10.8%, with a compound annual growth rate of 3.5%. The largest decline occurred in 2019, at 1.6%, while the most significant increase was recorded in 2018, at 6.5%.

Annual dynamics of production in MERCOSUR in kind, 2017-2020, K t

Parameter201820192020CAGR
1Change from last year6.5%(1.6%)5.6%3.5%
Source: SHEV.io

In value, 2017-2020, M $ US

MERCOSUR's whey production value increased for the second consecutive year. In 2020, whey output was valued at 107.8 M $ US, reflecting an 11.6% rise from 2019. Between 2017 and 2020, production value grew by 7.7%, equating to an annualized rate of 2.5%. The lowest value was recorded in 2018 at 87.5 M $ US, which also saw the largest decline of 12.6%.

Annual dynamics of production in MERCOSUR in value, 2017-2020, M $ US

Parameter201820192020CAGR
1Change from last year(12.6%)10.4%11.6%2.5%
Source: SHEV.io

Exports whey from MERCOSUR

Exports in kind, t

Cross-border shipments of whey from MERCOSUR declined for the second consecutive year. In 2020, exports stood at 60 098 t, marking a 9.2% decrease compared to the previous year. Between 2017 and 2020, exports fell by 7.8%, with an annualized rate of decline of 2.7%. The highest export volume was recorded in 2018 at 66 468 t, which also experienced the largest increase of 2.0%.

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

Parameter201820192020CAGR
1Change from last year2.0%(0.4%)(9.2%)(2.7%)
Source: SHEV.io

From 2017 to 2020, the three largest markets for MERCOSUR's whey exports in kind were China, Russia, and the Philippines, collectively accounting for 50.7% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

In 2020, whey shipments from MERCOSUR to abroad were valued at 75 014 K $ US, representing a 4.1% decrease compared to 2019. Over the 2017-2020 period, exports declined by 10.3%, with a compound annual growth rate of -3.6%. The lowest value was recorded in 2018 at 69 990 K $ US, which saw the largest decline of 16.3%. In contrast, the largest increase occurred in 2019, at 11.8%.

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

Parameter201820192020CAGR
1Change from last year(16.3%)11.8%(4.1%)(3.6%)
Source: SHEV.io

Between 2017 and 2020, MERCOSUR traded whey with numerous countries. Even the largest destinations—China, Russia, and Chile—together represented only 46.9% of total exports in value terms.

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

Source: SHEV.io

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

Source: SHEV.io

Imports whey to MERCOSUR

Imports in kind, t

The volume of whey imports into MERCOSUR increased for the second consecutive year. In 2020, MERCOSUR imported approximately 23 717 t of whey, indicating an 11.8% rise compared to 2019. Between 2017 and 2020, imports grew by 4.5%, equating to an annualized rate of 1.5%. The lowest import volume was recorded in 2018 at 17 305 t, which also experienced the largest decline of 23.8%. The most significant increase occurred in 2019, at 22.6%.

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

Parameter201820192020CAGR
1Change from last year(23.8%)22.6%11.8%1.5%
Source: SHEV.io

From 2017 to 2020, France (4.4% of imports in kind), the Netherlands (1.5%), and the United States (0.7%) led the structure of whey imports into MERCOSUR, together accounting for 6.6% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

MERCOSUR's whey import value increased for the second consecutive year. In 2020, MERCOSUR imported whey valued at 30 287 K $ US, reflecting a moderate rise of 6.0% relative to the prior year. Over the 2017-2020 period, imports grew by 2.2%, with a compound annual growth rate of 0.7%. The lowest value was recorded in 2018 at 21 667 K $ US, which saw the largest decline of 26.9%. The most significant increase occurred in 2019, at 31.8%.

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

Parameter201820192020CAGR
1Change from last year(26.9%)31.8%6.0%0.7%
Source: SHEV.io

Between 2017 and 2020, imports in value terms were distributed across a wide range of partner countries. France (8.9% of imports in value terms), Germany (2.0%), and the Netherlands (1.9%) jointly accounted for just 12.7% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

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