Report Update Nov 1, 2024

Uruguay - Carbonates and Peroxocarbonates - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Carbonate Market 2024

Carbonate Market Size in Uruguay

The Uruguayan carbonate market was finally on the rise to reach $X in 2021, after two years of decline. Overall, the total consumption indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Carbonate Exports

Exports from Uruguay

In 2021, shipments abroad of carbonates and peroxocarbonates was finally on the rise to reach X tons after two years of decline. Overall, exports, however, faced a dramatic descent. The most prominent rate of growth was recorded in 2018 when exports increased by 40%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, carbonate exports surged to $X in 2021. In general, exports, however, faced a sharp downturn. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Vietnam (X tons) was the main destination for carbonate exports from Uruguay, with a 94% share of total exports. It was followed by Trinidad and Tobago (X tons), with a 2.9% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Vietnam stood at -17.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Trinidad and Tobago (+58.3% per year) and the Dominican Republic (+7.1% per year).

In value terms, Vietnam ($X) remains the key foreign market for carbonates and peroxocarbonates exports from Uruguay, comprising 85% of total exports. The second position in the ranking was held by Trinidad and Tobago ($X), with a 9.5% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Vietnam totaled -10.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Trinidad and Tobago (+62.2% per year) and the Dominican Republic (+5.0% per year).

Export Prices by Country

In 2021, the average carbonate export price amounted to $X per ton, growing by 69% against the previous year. In general, the export price, however, continues to indicate a deep slump. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, 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 Trinidad and Tobago ($X per ton), while the average price for exports to Vietnam ($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 Vietnam (+9.1%), while the prices for the other major destinations experienced mixed trend patterns.

Carbonate Imports

Imports into Uruguay

In 2021, overseas purchases of carbonates and peroxocarbonates increased by 30% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, showed a pronounced shrinkage. The pace of growth was the most pronounced in 2018 when imports increased by 31%. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, carbonate imports soared to $X in 2021. In general, imports, however, recorded a noticeable descent. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Turkey (X tons), Brazil (X tons) and South Korea (X tons) were the main suppliers of carbonate imports to Uruguay, together comprising 49% of total imports. Russia, Italy, Malaysia, Spain, China, the UK, Argentina and the United States lagged somewhat behind, together comprising a further 36%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +16.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Turkey ($X) and South Korea ($X) constituted the largest carbonate suppliers to Uruguay, with a combined 43% share of total imports. Russia, Italy, Spain, China, Malaysia, the UK, Argentina and the United States lagged somewhat behind, together accounting for a further 33%.

In terms of the main suppliers, Russia, with a CAGR of +18.2%, recorded the highest growth rate of the value of imports, 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 carbonate import price amounted to $X per ton, with an increase of 12% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for carbonates and peroxocarbonates in the world?

The countries with the highest volumes of carbonate consumption in 2021 were China, the United States and India, with a combined 40% share of global consumption.

What are the largest producers of carbonates and peroxocarbonates in the world?

The countries with the highest volumes of carbonate production in 2021 were China, the United States and Turkey, together accounting for 55% of global production. Russia, India, Pakistan, Brazil, Iran, Germany, Bulgaria, Spain and Japan lagged somewhat behind, together comprising a further 26%.

What are the leading suppliers of carbonates and peroxocarbonates to Uruguay?

In value terms, Brazil, Italy and Turkey were the largest carbonate suppliers to Uruguay, with a combined 46% share of total imports. South Korea, Spain, Poland and Russia lagged somewhat behind, together accounting for a further 24%.

What are the leading importers of carbonates and peroxocarbonates from Uruguay?

In value terms, Vietnam emerged as the key foreign market for carbonate exports from Uruguay, comprising 82% of total exports. The second position in the ranking was occupied by Free Zones, with a 2.6% share of total exports.

What is the average export price for carbonates and peroxocarbonates in Uruguay?

In 2021, the average carbonate export price amounted to $267 per ton, picking up by 44% against the previous year.

What is the average import price for carbonates and peroxocarbonates in Uruguay?

In 2021, the average carbonate import price amounted to $329 per ton, waning by -13.3% against the previous year.

This report provides an in-depth analysis of the carbonate 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 20134310 - Disodium carbonate
Prodcom 20134320 - Sodium hydrogencarbonate (sodium bicarbonate)
Prodcom 20134340 - Calcium carbonate
Prodcom 20134390 - Other carbonates

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