Uruguay: Ethylene-Vinyl Acetate Copolymers Market 2025

Ethylene-Vinyl Acetate Copolymers Market Size in Uruguay

The Uruguayan ethylene-vinyl acetate copolymers market was finally on the rise to reach $X in 2022, after three years of decline. Overall, consumption recorded a temperate expansion. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Ethylene-Vinyl Acetate Copolymers Exports

Exports from Uruguay

After ten years of growth, overseas shipments of ethylene-vinyl acetate copolymers in primary forms decreased by -24.5% to X tons in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 410%. The exports peaked at X tons in 2021, and then shrank dramatically in the following year.

In value terms, ethylene-vinyl acetate copolymers exports surged to $X in 2022. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 280% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Argentina (X tons) was the main destination for ethylene-vinyl acetate copolymers exports from Uruguay, with a 100% share of total exports. It was followed by Brazil (X kg), with a 0.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Argentina totaled +208.8%.

In value terms, Argentina ($X) emerged as the key foreign market for ethylene-vinyl acetate copolymers in primary forms exports from Uruguay, comprising 99.9% of total exports. The second position in the ranking was taken by Brazil ($X), with less than 0.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Argentina amounted to +195.2%.

Export Prices by Country

In 2022, the average ethylene-vinyl acetate copolymers export price amounted to $X per ton, increasing by 74% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 86%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to Brazil stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+1.4%), while the prices for the other major destinations experienced a decline.

Ethylene-Vinyl Acetate Copolymers Imports

Imports into Uruguay

After three years of decline, purchases abroad of ethylene-vinyl acetate copolymers in primary forms increased by 108% to X tons in 2022. In general, imports saw a modest increase. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, ethylene-vinyl acetate copolymers imports surged to $X in 2022. Over the period under review, imports continue to indicate a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil (X tons), the United States (X tons) and Belgium (X tons) were the main suppliers of ethylene-vinyl acetate copolymers imports to Uruguay, with a combined 74% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +41.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Brazil ($X) and Belgium ($X) appeared to be the largest ethylene-vinyl acetate copolymers suppliers to Uruguay, with a combined 81% share of total imports.

Among the main suppliers, Belgium, with a CAGR of +45.3%, saw 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 2022, the average ethylene-vinyl acetate copolymers import price amounted to $X per ton, surging by 50% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ethylene-vinyl acetate copolymers import price increased by +106.0% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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