Key Market Indicators
Uruguay is set to see modest growth in butter consumption over the next five years. In 2021, the country consumed 6 Thousand Metric Tons, coming in 73rd in the world ranking, with Peru overtaking them. Germany, France and Russia respectively came in at 2nd, 3rd and 4th. Meanwhile, Uruguay's butter production is set to dip by 1.7% year on year to 14,640 Metric Tons in 2026. Since 1966, the country has seen a 0.2% decrease in production. In 2021, they were placed 39th in the world ranking, with Kazakhstan slightly ahead at 16,150 Metric Tons. New Zealand, Germany and France took the top three spots in the ranking.