Uruguay: Market for Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm 2024

Market Size for Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm in Uruguay

The Uruguayan market for aluminium plates, sheets and strip of thickness over X mm contracted markedly to $X in 2022, waning by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Exports of Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm

Exports from Uruguay

Exports of aluminium plates, sheets and strip of thickness over X mm from Uruguay amounted to X kg in 2019, leveling off at the previous year's figure. Over the period under review, exports showed a significant decrease. The smallest decline of X% was in 2016. Over the period under review, the exports of reached the peak figure at X kg in 2015; however, from 2016 to 2019, the exports stood at a somewhat lower figure.

In value terms, exports of aluminium plates, sheets and strip of thickness over X mm amounted to $X in 2019. Overall, exports saw a sharp slump. The smallest decline of X% was in 2016. The exports peaked at $X in 2015; however, from 2016 to 2019, the exports failed to regain momentum.

Exports by Country

Ireland (X kg), the Dominican Republic (X kg) and Paraguay (X kg) were the main destinations of exports of aluminium plates, sheets and strip of thickness over X mm from Uruguay, together accounting for X% of total exports.

From 2015 to 2019, the biggest increases were recorded for Paraguay (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for aluminium plate, sheet and strip of thickness over X mm exported from Uruguay were Ireland ($X), the Dominican Republic ($X) and Paraguay ($X), together comprising X% of total exports.

Paraguay, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average export price for aluminium plates, sheets and strip of thickness over X mm amounted to $X per ton, flattening at the previous year. In general, the export price faced a dramatic downturn. The pace of growth appeared the most rapid in 2016 a decrease of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2019, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2019, amid the top suppliers, the country with the highest price was the Dominican Republic ($X per ton), while the average price for exports to Paraguay ($X per ton) was amongst the lowest.

From 2015 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm

Imports into Uruguay

In 2022, the amount of aluminium plates, sheets and strip of thickness over X mm imported into Uruguay shrank sharply to X tons, dropping by X% compared with the previous year. Over the period under review, imports saw a slight curtailment. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, imports of aluminium plates, sheets and strip of thickness over X mm contracted dramatically to $X in 2022. In general, imports, however, posted a modest increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Brazil (X tons) and Austria (X tons) were the main suppliers of imports of aluminium plates, sheets and strip of thickness over X mm to Uruguay, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Brazil ($X) and Austria ($X) appeared to be the largest aluminium plate, sheet and strip of thickness over X mm suppliers to Uruguay, with a combined X% share of total imports.

Brazil, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for aluminium plates, sheets and strip of thickness over X mm stood at $X per ton in 2022, jumping by X% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aluminium plates, sheets and strip of thickness over X mm increased by X% against 2020 indices. As a result, import 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 importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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