Uruguay: Vulcanised Rubber Mats Market 2024

Vulcanised Rubber Mats Market Size in Uruguay

The Uruguayan vulcanised rubber mats market skyrocketed to $X in 2021, increasing by 23% 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, saw a relatively flat trend pattern. Vulcanised rubber mats consumption peaked at $X in 2012; afterwards, it flattened through to 2021.

Vulcanised Rubber Mats Exports

Exports from Uruguay

In 2021, approx. X tons of floor coverings and mats of vulcanised rubber were exported from Uruguay; declining by -28.8% compared with the previous year's figure. Overall, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2015 with an increase of 423% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, vulcanised rubber mats exports fell sharply to $X in 2021. In general, exports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by 430%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Paraguay (X tons), the United States (X tons) and Argentina (X kg) were the main destinations of vulcanised rubber mats exports from Uruguay, together comprising 100% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Argentina (with a CAGR of +5.4%), while the other leaders experienced a decline.

In value terms, the United States ($X), Argentina ($X) and Paraguay ($X) constituted the largest markets for vulcanised rubber mats exported from Uruguay worldwide, with a combined 99% share of total exports.

Among the main countries of destination, Argentina, with a CAGR of +22.4%, 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 a decline.

Export Prices by Country

The average vulcanised rubber mats export price stood at $X per ton in 2021, picking up by 6.3% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 48% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+16.1%), while the prices for the other major destinations experienced mixed trend patterns.

Vulcanised Rubber Mats Imports

Imports into Uruguay

Vulcanised rubber mats imports into Uruguay expanded remarkably to X tons in 2021, surging by 12% against the year before. In general, imports, however, continue to indicate a pronounced contraction. The growth pace was the most rapid in 2020 with an increase of 62%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, vulcanised rubber mats imports surged to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 69% against the previous year. Imports peaked at $X in 2012; afterwards, it flattened through to 2021.

Imports by Country

In 2021, China (X tons) constituted the largest vulcanised rubber mats supplier to Uruguay, with a 66% share of total imports. Moreover, vulcanised rubber mats imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X tons), sevenfold. The third position in this ranking was held by Indonesia (X tons), with a 7.2% share.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-8.3% per year) and Indonesia (+75.5% per year).

In value terms, China ($X) constituted the largest supplier of floor coverings and mats of vulcanised rubber to Uruguay, comprising 54% of total imports. The second position in the ranking was held by Brazil ($X), with a 12% share of total imports. It was followed by Indonesia, with a 6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-3.0% per year) and Indonesia (+53.7% per year).

Import Prices by Country

The average vulcanised rubber mats import price stood at $X per ton in 2021, rising by 11% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2013 an increase of 22% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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