Uruguay: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2024

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Uruguay

In 2022, the Uruguayan articles of fiber cement market increased by 9% to $X, rising for the third year in a row after two years of decline. Over the period under review, the total consumption indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +32.8% against 2019 indices. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports from Uruguay

In 2018, after three years of decline, there was decline in shipments abroad of articles of asbestos-cement, cellulose fiber-cement or the like, when their volume decreased by 0% to X tons. In general, exports showed a significant contraction. The smallest decline of -7.2% was in 2015. The exports peaked at X tons in 2012; however, from 2013 to 2018, the exports failed to regain momentum.

In value terms, articles of fiber cement exports amounted to $X in 2018. Over the period under review, exports faced a sharp slump. The smallest decline of -26.3% was in 2015. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2018, the exports remained at a lower figure.

Exports by Country

Paraguay (X tons) was the main destination for articles of fiber cement exports from Uruguay, accounting for a approx. 100% share of total exports.

From 2012 to 2018, the average annual rate of growth in terms of volume to Paraguay was relatively modest.

From 2012 to 2018, the average annual rate of growth in terms of value to Paraguay was relatively modest.

Export Prices by Country

In 2018, the average articles of fiber cement export price amounted to $X per ton, stabilizing at the previous year. In general, the export price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2015 a decrease of -20.5% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2018, the export prices stood at a somewhat lower figure.

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

From 2012 to 2018, the rate of growth in terms of prices for the United States amounted to 0.0% per year.

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports into Uruguay

After two years of growth, purchases abroad of articles of asbestos-cement, cellulose fiber-cement or the like decreased by -5.5% to X tons in 2022. In general, total imports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +24.7% against 2019 indices. The growth pace was the most rapid in 2017 when imports increased by 61%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, articles of fiber cement imports expanded significantly to $X in 2022. Over the period under review, total imports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.6% against 2019 indices. The pace of growth was the most pronounced in 2017 when imports increased by 76% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Argentina (X tons) constituted the largest articles of fiber cement supplier to Uruguay, accounting for a 54% share of total imports. Moreover, articles of fiber cement imports from Argentina exceeded the figures recorded by the second-largest supplier, Brazil (X tons), twofold. The third position in this ranking was taken by Costa Rica (X tons), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Argentina stood at +14.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-5.3% per year) and Costa Rica (+8.4% per year).

In value terms, Argentina ($X) constituted the largest supplier of articles of asbestos-cement, cellulose fiber-cement or the like to Uruguay, comprising 46% of total imports. The second position in the ranking was held by Brazil ($X), with a 19% share of total imports. It was followed by Costa Rica, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Argentina stood at +14.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-3.0% per year) and Costa Rica (+12.7% per year).

Import Prices by Country

The average articles of fiber cement import price stood at $X per ton in 2022, picking up by 17% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. As a result, import price attained 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 China ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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