Report Update Nov 1, 2024

Uruguay - Chromium Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Uruguay: Market for Chromium Ores and Concentrates 2024

Market Size for Chromium Ores and Concentrates in Uruguay

The Uruguayan chromium ore and concentrate market dropped dramatically to $X in 2022, reducing by -87.8% 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 recorded a dramatic setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Exports of Chromium Ores and Concentrates

Exports from Uruguay

Chromium ore and concentrate exports from Uruguay totaled X tons in 2022, flattening at the year before. Overall, exports showed significant growth. The smallest decline of 99.9% was in 2016. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, chromium ore and concentrate exports stood at $X in 2022. In general, exports recorded a significant expansion. The smallest decline of 99.9% was in 2016. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Bolivia (X tons) was the main destination for chromium ore and concentrate exports from Uruguay, with a approx. 100% share of total exports.

From 2015 to 2022, the average annual rate of growth in terms of volume to Bolivia was relatively modest.

From 2015 to 2022, the average annual growth rate of value to Bolivia was relatively modest.

Export Prices by Country

The average chromium ore and concentrate export price stood at $X per ton in 2022, almost unchanged from the previous year. In general, the export price recorded a remarkable increase. The pace of growth was the most pronounced in 2016 when the average export price decreased by 99.9%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

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

From 2015 to 2022, the rate of growth in terms of prices for Bolivia amounted to 0.0% per year.

Imports of Chromium Ores and Concentrates

Imports into Uruguay

In 2022, the amount of chromium ores and concentrates imported into Uruguay soared to X tons, increasing by 22% on 2021. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by 39% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, chromium ore and concentrate imports surged to $X in 2022. In general, imports, however, continue to indicate a perceptible shrinkage. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X tons) was the main supplier of chromium ore and concentrate to Uruguay, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Brazil amounted to +50.2%.

In value terms, Brazil ($X) constituted the largest supplier of chromium ores and concentrates to Uruguay.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil amounted to +52.4%.

Import Prices by Country

In 2022, the average chromium ore and concentrate import price amounted to $X per ton, rising by 16% against the previous year. In general, the import price, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2020 when the average import price increased by 46% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 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 Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +1.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chromium ores and concentrates in the world?

China constituted the country with the largest volume of chromium ore and concentrate consumption, accounting for 37% of total volume. Moreover, chromium ore and concentrate consumption in China exceeded the figures recorded by the second-largest consumer, Kazakhstan, threefold. Turkey ranked third in terms of total consumption with an 11% share.

What are the largest producers of chromium ores and concentrates in the world?

South Africa constituted the country with the largest volume of chromium ore and concentrate production, comprising approx. 44% of total volume. Moreover, chromium ore and concentrate production in South Africa exceeded the figures recorded by the second-largest producer, Kazakhstan, threefold. Turkey ranked third in terms of total production with a 17% share.

What are the leading suppliers of chromium ores and concentrates to Uruguay?

In value terms, Argentina constituted the largest supplier of chromium ore and concentrate to Uruguay, comprising 75% of total imports. The second position in the ranking was occupied by Brazil $773), with a 14% share of total imports.

What is the average export price for chromium ores and concentrates in Uruguay?

In 2015, the average chromium ore and concentrate export price amounted to $361 per ton, flattening at the previous year.

What is the average import price for chromium ores and concentrates in Uruguay?

The average chromium ore and concentrate import price stood at $549 per ton in 2021, falling by -19.4% against the previous year.

This report provides an in-depth analysis of the market for chromium ore and concentrate 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:

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