Report Update Nov 1, 2024

Uruguay - Colour Lakes, Preparations Based on Colour Lakes - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Colour Lake Market 2024

Colour Lake Market Size in Uruguay

The Uruguayan colour lake market skyrocketed to $X in 2021, picking up by 19% 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). In general, consumption, however, showed a deep reduction. Colour lake consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Colour Lake Exports

Exports from Uruguay

In 2021, after two years of growth, there was significant decline in shipments abroad of colour lakes, preparations based on colour lakes, when their volume decreased by -79.8% to X kg. In general, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2016 with an increase of 1,150%. Over the period under review, the exports hit record highs at X tons in 2020, and then shrank markedly in the following year.

In value terms, colour lake exports fell significantly to $X in 2021. Overall, exports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2016 when exports increased by 789% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then shrank dramatically in the following year.

Exports by Country

Chile (X kg) was the main destination for colour lake exports from Uruguay, with a 82% share of total exports. Moreover, colour lake exports to Chile exceeded the volume sent to the second major destination, Free Zones (X kg), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Chile stood at -10.1%.

In value terms, Free Zones ($X) remains the key foreign market for colour lakes, preparations based on colour lakes exports from Uruguay, comprising 78% of total exports. The second position in the ranking was taken by Chile ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Free Zones totaled +15.7%.

Export Prices by Country

In 2021, the average colour lake export price amounted to $X per ton, jumping by 21% against the previous year. Over the period under review, the export price saw a significant increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 112%. The export price peaked in 2021 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Free Zones ($X per ton), while the average price for exports to Chile totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (+31.0%), while the prices for the other major destinations experienced mixed trend patterns.

Colour Lake Imports

Imports into Uruguay

In 2021, the amount of colour lakes, preparations based on colour lakes imported into Uruguay expanded modestly to X tons, increasing by 3.2% compared with 2020. Over the period under review, imports, however, recorded a abrupt downturn. The growth pace was the most rapid in 2017 when imports increased by 58%. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, colour lake imports fell slightly to $X in 2021. Overall, imports, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2017 with an increase of 50% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Mexico (X tons) constituted the largest colour lake supplier to Uruguay, accounting for a 39% share of total imports. Moreover, colour lake imports from Mexico exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. Colombia (X tons) ranked third in terms of total imports with an 8.3% share.

From 2012 to 2021, the average annual growth rate of volume from Mexico totaled +45.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+18.2% per year) and Colombia (+28.0% per year).

In value terms, the largest colour lake suppliers to Uruguay were Mexico ($X), Peru ($X) and the United States ($X), with a combined 86% share of total imports.

Mexico, with a CAGR of +41.9%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average colour lake import price stood at $X per ton in 2021, dropping by -3.4% against the previous year. In general, the import price, however, recorded pronounced growth. The pace of growth appeared the most rapid in 2015 when the average import price increased by 153% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($X per ton), while the price for Chile ($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 (+35.4%), 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 colour lakes, preparations based on colour lakes in the world?

The countries with the highest volumes of colour lake consumption in 2021 were China, the United States and India, with a combined 44% share of global consumption. These countries were followed by Russia, Mexico, Nigeria, Vietnam, Canada, Turkey, Saudi Arabia, Iran, Spain and Italy, which together accounted for a further 28%.

What are the largest producers of colour lakes, preparations based on colour lakes in the world?

The countries with the highest volumes of colour lake production in 2021 were China, the United States and India, together accounting for 45% of global production. These countries were followed by Russia, Mexico, Nigeria, Vietnam, Canada, Turkey, Saudi Arabia, Iran, Spain and the Netherlands, which together accounted for a further 27%.

What are the leading suppliers of colour lakes, preparations based on colour lakes to Uruguay?

In value terms, the United States, Peru and Mexico constituted the largest colour lake suppliers to Uruguay, with a combined 86% share of total imports. Panama, Spain, Germany and Chile lagged somewhat behind, together accounting for a further 9.4%.

What are the leading importers of colour lakes, preparations based on colour lakes from Uruguay?

In value terms, Free Zones remains the key foreign market for colour lake exports from Uruguay, comprising 100% of total exports. The second position in the ranking was occupied by Chile $114), with a 0.3% share of total exports.

What is the average export price for colour lakes, preparations based on colour lakes in Uruguay?

The average colour lake export price stood at $18,835 per ton in 2021, waning by -34% against the previous year.

What is the average import price for colour lakes, preparations based on colour lakes in Uruguay?

The average colour lake import price stood at $39,751 per ton in 2021, surging by 7.1% against the previous year.

This report provides an in-depth analysis of the colour lake 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 20122170 - Colour lakes, preparations based on colour lakes

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
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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
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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