Report Update Nov 1, 2024

Uruguay - Artificial and Prepared Waxes of Polyethylene Glycol - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Polyethylene Glycol Wax Market 2024

Polyethylene Glycol Wax Market Size in Uruguay

In 2021, the Uruguayan polyethylene glycol wax market decreased by -26.9% to $X, falling for the second year in a row after two years of growth. In general, consumption, however, continues to indicate prominent growth. Polyethylene glycol wax consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Polyethylene Glycol Wax Exports

Exports from Uruguay

In 2021, exports of artificial and prepared waxes of polyethylene glycol from Uruguay skyrocketed to X tons, growing by 79% compared with the year before. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 765%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, polyethylene glycol wax exports soared to $X in 2021. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 689%. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

Free Zones (X kg), Argentina (X kg) and Paraguay (X kg) were the main destinations of polyethylene glycol wax exports from Uruguay, together comprising 95% of total exports.

From 2012 to 2021, the biggest increases were recorded for Argentina (with a CAGR of +163.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for polyethylene glycol wax exported from Uruguay were Free Zones ($X), Argentina ($X) and Ecuador ($X), together accounting for 86% of total exports.

Argentina, with a CAGR of +142.2%, saw the highest rates of growth with regard to 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

The average polyethylene glycol wax export price stood at $X per ton in 2021, remaining constant against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 50%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($X per ton), while the average price for exports to Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+6.2%), while the prices for the other major destinations experienced mixed trend patterns.

Polyethylene Glycol Wax Imports

Imports into Uruguay

In 2021, supplies from abroad of artificial and prepared waxes of polyethylene glycol decreased by -6.8% to X tons, falling for the second consecutive year after two years of growth. Overall, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 443%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, polyethylene glycol wax imports dropped markedly to $X in 2021. In general, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 248%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, South Korea (X tons) constituted the largest supplier of polyethylene glycol wax to Uruguay, with a 52% share of total imports. Moreover, polyethylene glycol wax imports from South Korea exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold. India (X kg) ranked third in terms of total imports with a 5.8% share.

From 2012 to 2021, the average annual growth rate of volume from South Korea was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+44.0% per year) and India (+8.9% per year).

In value terms, the largest polyethylene glycol wax suppliers to Uruguay were South Korea ($X), Belgium ($X) and Germany ($X), with a combined 73% share of total imports.

Belgium, with a CAGR of +21.1%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average polyethylene glycol wax import price amounted to $X per ton, declining by -17.9% against the previous year. Overall, the import price showed a mild decrease. The most prominent rate of growth was recorded in 2015 when the average import price increased by 89% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+5.3%), 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 artificial and prepared waxes of polyethylene glycol in the world?

China remains the largest polyethylene glycol wax consuming country worldwide, accounting for 25% of total volume. Moreover, polyethylene glycol wax consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 9.5% share.

What are the largest producers of artificial and prepared waxes of polyethylene glycol in the world?

China remains the largest polyethylene glycol wax producing country worldwide, comprising approx. 24% of total volume. Moreover, polyethylene glycol wax production in China exceeded the figures recorded by the second-largest producer, South Korea, twofold. The third position in this ranking was occupied by the United States, with an 11% share.

What are the leading suppliers of artificial and prepared waxes of polyethylene glycol to Uruguay?

In value terms, Germany, India and the United States appeared to be the largest polyethylene glycol wax suppliers to Uruguay, together comprising 77% of total imports. These countries were followed by Italy, the Netherlands, Spain and Brazil, which together accounted for a further 18%.

What are the leading importers of artificial and prepared waxes of polyethylene glycol from Uruguay?

In value terms, Ecuador, Paraguay and Chile constituted the largest markets for polyethylene glycol wax exported from Uruguay worldwide, together accounting for 99% of total exports.

What is the average export price for artificial and prepared waxes of polyethylene glycol in Uruguay?

The average polyethylene glycol wax export price stood at $5,313 per ton in 2021, with an increase of 140% against the previous year.

What is the average import price for artificial and prepared waxes of polyethylene glycol in Uruguay?

The average polyethylene glycol wax import price stood at $5,787 per ton in 2021, increasing by 2.6% against the previous year.

This report provides an in-depth analysis of the polyethylene glycol wax 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 20414270 - Artificial and prepared waxes of polyethylene glycol

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