Report Update Nov 1, 2024

Uruguay - Artificial Fur - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Artificial Fur Market 2024

Artificial Fur Market Size in Uruguay

The Uruguayan artificial fur market declined to $X in 2022, shrinking by -3.3% against the previous year. Overall, consumption continues to indicate a abrupt decrease. Artificial fur consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Artificial Fur Production in Uruguay

In value terms, artificial fur production fell slightly to $X in 2022 estimated in export price. In general, production saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 33%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Artificial Fur Exports

Exports from Uruguay

In 2022, after two years of decline, there was significant growth in shipments abroad of artificial fur, when their volume increased by 18% to X kg. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of 1,139%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, artificial fur exports expanded significantly to $X in 2022. In general, exports showed a prominent expansion. The pace of growth was the most pronounced in 2018 when exports increased by 648% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X kg) was the main destination for artificial fur exports from Uruguay, with a 97% share of total exports. It was followed by Pakistan (X kg), with a 2.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +58.1%.

In value terms, the United States ($X) remains the key foreign market for artificial fur exports from Uruguay, comprising 98% of total exports. The second position in the ranking was held by Pakistan ($X), with a 1.7% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +55.7%.

Export Prices by Country

The average artificial fur export price stood at $X per ton in 2022, with a decrease of -6.3% against the previous year. Overall, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Pakistan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-1.5%).

Artificial Fur Imports

Imports into Uruguay

In 2022, imports of artificial fur into Uruguay soared to X kg, with an increase of 179% on the year before. In general, imports enjoyed a strong expansion. The growth pace was the most rapid in 2017 with an increase of 1,032% against the previous year. As a result, imports attained the peak of X kg. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, artificial fur imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2017 when imports increased by 829%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X kg) was the main supplier of artificial fur to Uruguay, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +41.3%.

In value terms, China ($X) constituted the largest supplier of artificial fur to Uruguay.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +45.1%.

Import Prices by Country

In 2022, the average artificial fur import price amounted to $X per ton, growing by 23% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 31% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.7% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for artificial fur in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 31% share of global consumption. These countries were followed by Japan, Russia, Germany, Brazil, Indonesia, Vietnam, Mexico and Saudi Arabia, which together accounted for a further 21%.

What are the largest producers of artificial fur in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 35% share of global production.

What are the leading suppliers of artificial fur to Uruguay?

In value terms, the United States $632) constituted the largest supplier of artificial fur to Uruguay, comprising 82% of total imports. The second position in the ranking was occupied by Hong Kong SAR $67), with an 8.7% share of total imports. It was followed by Canada, with a 3.2% share.

What are the leading importers of artificial fur from Uruguay?

In value terms, Pakistan remains the key foreign market for artificial fur exports from Uruguay.

What is the average export price for artificial fur in Uruguay?

The average artificial fur export price stood at $16,332 per ton in 2021, picking up by 6.7% against the previous year.

What is the average import price for artificial fur in Uruguay?

In 2021, the average artificial fur import price amounted to $1,155 per ton, falling by -8.1% against the previous year.

This report provides an in-depth analysis of the artificial fur 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 13911920 - Artificial fur and articles thereof

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