Uruguay: Common Pottery Market 2024

Common Pottery Market Size in Uruguay

The Uruguayan common pottery market shrank to $X in 2022, declining by -4% 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 showed a relatively flat trend pattern. Common pottery consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Common Pottery Exports

Exports from Uruguay

In 2022, after three years of growth, there was significant decline in shipments abroad of common pottery, when their volume decreased by -38.5% to X tons. Over the period under review, exports saw a dramatic slump. The most prominent rate of growth was recorded in 2016 with an increase of 223%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, common pottery exports shrank notably to $X in 2022. Overall, exports saw a dramatic decline. The growth pace was the most rapid in 2016 when exports increased by 320%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey (X tons), Paraguay (X tons) and Argentina (X kg) were the main destinations of common pottery exports from Uruguay, with a combined 87% share of total exports. The United States, the Netherlands and Chile lagged somewhat behind, together comprising a further 12%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +56.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for common pottery exported from Uruguay were Paraguay ($X), Turkey ($X) and the United States ($X), with a combined 70% share of total exports. Argentina, the Netherlands and Chile lagged somewhat behind, together accounting for a further 21%.

In terms of the main countries of destination, the Netherlands, with a CAGR of +96.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average common pottery export price stood at $X per ton in 2022, waning by -2.6% against the previous year. Over the period under review, the export price, however, showed a notable expansion. The growth pace was the most rapid in 2017 an increase of 74% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.

Common Pottery Imports

Imports into Uruguay

In 2022, imports of common pottery into Uruguay contracted to X tons, which is down by -8% on 2021. In general, imports saw a pronounced curtailment. The most prominent rate of growth was recorded in 2015 with an increase of 16%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, common pottery imports declined to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest common pottery supplier to Uruguay, with a 85% share of total imports. Moreover, common pottery imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X tons), more than tenfold. The third position in this ranking was held by Turkey (X tons), with a 4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-9.1% per year) and Turkey (+36.2% per year).

In value terms, China ($X) constituted the largest supplier of common pottery to Uruguay, comprising 79% of total imports. The second position in the ranking was taken by Turkey ($X), with a 3.6% share of total imports. It was followed by Brazil, with a 3.6% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+15.3% per year) and Brazil (-10.5% per year).

Import Prices by Country

In 2022, the average common pottery import price amounted to $X per ton, surging by 5.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The growth pace was the most rapid in 2016 when the average import price increased by 38% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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