Uruguay: Agglomerated Powder Rod Market 2025

Agglomerated Powder Rod Market Size in Uruguay

The Uruguayan agglomerated powder rod market surged to $X in 2021, increasing by 124% 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). Overall, consumption, however, recorded a abrupt slump. Agglomerated powder rod consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Agglomerated Powder Rod Exports

Exports from Uruguay

In 2021, agglomerated powder rod exports from Uruguay reduced sharply to X kg, dropping by -62.2% on the year before. Over the period under review, exports saw a precipitous contraction. The growth pace was the most rapid in 2017 with an increase of 662% against the previous year. Over the period under review, the exports hit record highs at X kg in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, agglomerated powder rod exports fell rapidly to $X in 2021. Overall, exports showed a dramatic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 269%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Bolivia (X kg) was the main destination for agglomerated powder rod exports from Uruguay, accounting for a 86% share of total exports. Moreover, agglomerated powder rod exports to Bolivia exceeded the volume sent to the second major destination, Chile (X kg), sixfold.

From 2012 to 2021, the average annual growth rate of volume to Bolivia totaled -14.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (0.0% per year) and Paraguay (-27.0% per year).

In value terms, Bolivia ($X) remains the key foreign market for base metal wire and rods of agglomerated base powder exports from Uruguay, comprising 80% of total exports. The second position in the ranking was taken by Chile ($X), with a 13% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Bolivia stood at -10.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (0.0% per year) and Paraguay (-22.0% per year).

Export Prices by Country

In 2021, the average agglomerated powder rod export price amounted to $X per ton, rising by 18% against the previous year. Overall, the export price enjoyed a remarkable increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 242% against the previous year. 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 country of destination: the country with the highest price was Paraguay ($X per ton), while the average price for exports to Bolivia ($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 (+14.3%), while the prices for the other major destinations experienced mixed trend patterns.

Agglomerated Powder Rod Imports

Imports into Uruguay

In 2021, supplies from abroad of base metal wire and rods of agglomerated base powder increased by 173% to X tons, rising for the second year in a row after five years of decline. Over the period under review, imports, however, continue to indicate a drastic downturn. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, agglomerated powder rod imports surged to $X in 2021. Overall, imports, however, continue to indicate a deep setback. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

South Korea (X tons), Lithuania (X tons) and China (X tons) were the main suppliers of agglomerated powder rod imports to Uruguay, together accounting for 70% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +2.7%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest agglomerated powder rod suppliers to Uruguay were South Korea ($X), China ($X) and Lithuania ($X), with a combined 54% share of total imports.

South Korea, with a CAGR of +0.5%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average agglomerated powder rod import price stood at $X per ton in 2021, which is down by -29.8% against the previous year. Overall, the import price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 86%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Brazil ($X per ton), while the price for Lithuania ($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 (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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