Report Update Nov 1, 2024

Uruguay - Acetone - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Acetone Market 2024

Acetone Market Size in Uruguay

In 2021, after two years of decline, there was significant growth in the Uruguayan acetone market, when its value increased by 55% to $X. Over the period under review, consumption, however, saw a slight decline. Acetone consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Acetone Exports

Exports from Uruguay

In 2021, approx. X kg of acetone were exported from Uruguay; picking up by 15% compared with the previous year's figure. Overall, exports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2017 when exports increased by 233%. The exports peaked at X kg in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, acetone exports soared to $X in 2021. In general, exports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 222% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Slovenia (X kg) was the main destination for acetone exports from Uruguay, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Slovenia stood at -6.7%.

In value terms, Slovenia ($X) also remains the key foreign market for acetone exports from Uruguay.

From 2012 to 2021, the average annual growth rate of value to Slovenia amounted to -9.3%.

Export Prices by Country

The average acetone export price stood at $X per ton in 2021, jumping by 174% against the previous year. In general, the export price, however, recorded a perceptible decline. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Slovenia.

From 2012 to 2021, the rate of growth in terms of prices for Slovenia amounted to -2.8% per year.

Acetone Imports

Imports into Uruguay

In 2021, the amount of acetone imported into Uruguay skyrocketed to X tons, increasing by 17% against 2020. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 77% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, acetone imports soared to $X in 2021. In general, imports, however, showed a mild decline. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Brazil (X tons) constituted the largest acetone supplier to Uruguay, with a 57% share of total imports. Moreover, acetone imports from Brazil exceeded the figures recorded by the second-largest supplier, Argentina (X tons), fivefold. The third position in this ranking was taken by South Africa (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Brazil totaled +14.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (-16.4% per year) and South Africa (+0.4% per year).

In value terms, Brazil ($X) constituted the largest supplier of acetone to Uruguay, comprising 68% of total imports. The second position in the ranking was held by Russia ($X), with an 11% share of total imports. It was followed by South Africa, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Brazil totaled +17.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+5.4% per year) and South Africa (-1.3% per year).

Import Prices by Country

In 2021, the average acetone import price amounted to $X per ton, jumping by 53% against the previous year. Over the period under review, the import price, however, saw a slight curtailment. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for acetone in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 37% of global consumption. Taiwan Chinese), Spain, Germany, Japan, the UK, the Netherlands, Italy, Brazil, Turkey and Russia lagged somewhat behind, together accounting for a further 41%.

What are the largest producers of acetone in the world?

The countries with the highest volumes of in 2021 were the United States, Spain and Taiwan Chinese), together comprising 30% of global production. These countries were followed by South Korea, Saudi Arabia, Belgium, India, Thailand, Japan, Singapore, Russia and South Africa, which together accounted for a further 52%.

What are the leading suppliers of acetone to Uruguay?

In value terms, Brazil constituted the largest supplier of acetone to Uruguay, comprising 65% of total imports. The second position in the ranking was occupied by Russia, with a 20% share of total imports. It was followed by South Africa, with a 7.5% share.

What are the leading importers of acetone from Uruguay?

In value terms, Slovenia $56) remains the key foreign market for acetone exports from Uruguay.

What is the average export price for acetone in Uruguay?

In 2021, the average acetone export price amounted to $903 per ton, approximately mirroring the previous year.

What is the average import price for acetone in Uruguay?

The average acetone import price stood at $1,604 per ton in 2021, with an increase of 61% against the previous year.

This report provides an in-depth analysis of the acetone market in Uruguay. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20146211 - Acetone

Country coverage:

Uruguay

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uruguay
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023