Bolivia

Yoghurt is expected to register healthy current value and volume growth in 2023, while value sales for sour milk products continue to be negligible. Whereas before yoghurt was perceived as a non-essential premium product, it is increasingly becoming…

While value sales are still low, soy drinks are expected to register healthy current value and moderate volume growth. Local dairy companies now offer soy drinks and this has greatly increased distribution, both in supermarkets and also local…

Condensed milk, followed by cream, are the two main products in terms of value sales within other dairy in Bolivia. In 2023, other dairy is expected to register muted volume growth, with the performance dragged down by condensed milk. Condensed milk…

In 2023, Bolivian society again resumed daily life as it was before the pandemic, with people out and about more, as a result. This is expected to result in less drinking milk being consumed at home and this is expected to dampen volume sales,…

Bolivia has managed to protect itself to a large extent from inflation by continuing to have a fixed exchange rate against the dollar. Besides the fixed exchange rate, Bolivia’s subsidies for key products have also helped keep inflation low. However,…

In 2023, cheese consumption continues to grow in Bolivia, encouraged by higher levels of milk production, with much of the overcapacity being channelled for cheese production. While prices are expected to rise for cheese, they are not expected to be…

In 2023, the consumption of butter at home is expected to register similar healthy growth levels in sales volumes similar to those registered before the start of the pandemic. That being said, value sales are still low, with margarine and spreads and…

While inflation has been relatively low in Bolivia, due to a fixed exchange rate with the US Dollar, imports are expected to register higher price increase than local dairy products. With baby food largely dependent on imports, inflation is…