Uruguay: Market for Float Glass And Surface Ground or Polished Glass 2024

Market Size for Float Glass And Surface Ground or Polished Glass in Uruguay

For the third year in a row, the Uruguayan market for float glass and surface ground or polished glass recorded growth in sales value, which increased by X% to $X in 2022. Overall, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. Over the period under review, the market attained the peak level in 2022 and is likely to see gradual growth in the immediate term.

Exports of Float Glass And Surface Ground or Polished Glass

Exports from Uruguay

In 2021, shipments abroad of float glass and surface ground or polished glass decreased by X% to X square meters, falling for the second year in a row after two years of decline. Overall, exports recorded a sharp slump. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure at X square meters in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, exports of float glass and surface ground or polished glass stood at $X in 2021. Over the period under review, exports continue to indicate a dramatic setback. The smallest decline of X% was in 2015. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Argentina (X square meters) was the main destination for exports of float glass and surface ground or polished glass from Uruguay, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Argentina totaled X%.

From 2012 to 2021, the average annual rate of growth in terms of value to Argentina totaled X%.

Export Prices by Country

In 2021, the average export price for float glass and surface ground or polished glass amounted to $X per square meter, therefore, remained relatively stable against the previous year. Overall, the export price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2015 when the average export price decreased by X% against the previous year. The export price peaked at $X per square meter in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Argentina amounted to X% per year.

Imports of Float Glass And Surface Ground or Polished Glass

Imports into Uruguay

In 2022, the amount of float glass and surface ground or polished glass imported into Uruguay totaled X square meters, increasing by X% compared with the previous year. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at X square meters in 2018; afterwards, it flattened through to 2022.

In value terms, imports of float glass and surface ground or polished glass skyrocketed to $X in 2022. Overall, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Brazil (X square meters) constituted the largest supplier of float glass and surface ground or polished glass to Uruguay, accounting for a X% share of total imports. Moreover, imports of float glass and surface ground or polished glass from Brazil exceeded the figures recorded by the second-largest supplier, Argentina (X square meters), threefold. China (X square meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and China (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of float glass and surface ground or polished glass to Uruguay, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with an X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and Belgium (X% per year).

Import Prices by Country

The average import price for float glass and surface ground or polished glass stood at $X per square meter in 2022, jumping by X% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for float glass and surface ground or polished glass increased by X% against 2020 indices. As a result, import price reached 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 Belgium ($X per square meter), while the price for Argentina ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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