MERCOSUR: Ureines Market 2024

Ureines Market Size in MERCOSUR

The MERCOSUR ureines market expanded modestly to $X in 2022, growing by X% against the previous year. Over the period under review, consumption showed a noticeable curtailment. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Ureines Production in MERCOSUR

In value terms, ureines production amounted to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with a decrease of X%. Over the period under review, production reached the maximum level in 2022 and is expected to retain growth in years to come.

Ureines Exports

Exports in MERCOSUR

In 2022, the amount of ureines and their derivatives and salts thereof exported in MERCOSUR fell dramatically to X tons, waning by X% against 2021 figures. Over the period under review, exports faced a sharp downturn. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, ureines exports rose rapidly to $X in 2022. In general, exports saw a dramatic curtailment. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil prevails in exports structure, finishing at X tons, which was near X% of total exports in 2022. Uruguay (X kg) ranks second in terms of the total exports with an X% share, followed by Colombia (X%). Peru (X kg) followed a long way behind the leaders.

Exports from Brazil decreased at an average annual rate of X% from 2012 to 2022. Colombia (X%), Uruguay (X%) and Peru (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uruguay, Colombia and Peru increased by X, X and X percentage points, respectively.

In value terms, Brazil ($X) remains the largest ureines supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Uruguay ($X), with an X% share of total exports. It was followed by Colombia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Uruguay (X% per year) and Colombia (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, rising by X% against the previous year. Overall, the export price posted a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Uruguay ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced mixed trends in the export price figures.

Ureines Imports

Imports in MERCOSUR

In 2022, ureines imports in MERCOSUR dropped slightly to X tons, shrinking by X% compared with 2021 figures. Over the period under review, imports saw a abrupt slump. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, ureines imports skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a noticeable increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Brazil prevails in imports structure, recording X tons, which was near X% of total imports in 2022. It was distantly followed by Colombia (X tons), mixing up a X% share of total imports. Argentina (X tons) followed a long way behind the leaders.

Imports into Brazil decreased at an average annual rate of X% from 2012 to 2022. At the same time, Argentina (X%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Colombia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Argentina increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported ureines and their derivatives and salts thereof in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Colombia ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Colombia (X% per year) and Argentina (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, jumping by X% against the previous year. In general, the import price showed a remarkable increase. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Argentina ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform