Uruguay - Fluoropolymers - Market Analysis, Forecast, Size, Trends and Insights
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Fluoropolymers Market Size in Uruguay
In 2021, after two years of decline, there was significant growth in the Uruguayan fluoropolymers market, when its value increased by 10% to $X. Overall, consumption, however, recorded a noticeable decline. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.
Fluoropolymers Production in Uruguay
In value terms, fluoropolymers production rose significantly to $X in 2021 estimated in export price. Overall, production, however, showed a pronounced shrinkage. The growth pace was the most rapid in 2016 when the production volume increased by 87% against the previous year. Fluoropolymers production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.
Fluoropolymers Exports
Exports from Uruguay
In 2018, exports of fluoropolymers from Uruguay was estimated at X kg, therefore, remained relatively stable against the year before. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 4,340% against the previous year. The exports peaked at X kg in 2016; however, from 2017 to 2018, the exports stood at a somewhat lower figure.
In value terms, fluoropolymers exports totaled $X in 2018. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2014 when exports increased by 7,903% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2018, the growth of the exports failed to regain momentum.
Exports by Country
Denmark (X kg) was the main destination for fluoropolymers exports from Uruguay, accounting for a approx. 100% share of total exports.
From 2013 to 2018, the average annual rate of growth in terms of volume to Denmark was relatively modest.
From 2013 to 2018, the average annual rate of growth in terms of value to Denmark was relatively modest.
Export Prices by Country
In 2018, the average fluoropolymers export price amounted to $X per ton, approximately mirroring the previous year. In general, the export price recorded a slight expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 80% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2018, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Denmark.
From 2013 to 2018, the rate of growth in terms of prices for Denmark amounted to 0.0% per year.
Fluoropolymers Imports
Imports into Uruguay
In 2021, overseas purchases of fluoropolymers increased by 591% to X kg for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, continue to indicate a noticeable reduction. The growth pace was the most rapid in 2013 when imports increased by 862% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.
In value terms, fluoropolymers imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by 1,028% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.
Imports by Country
China (X kg), the United States (X kg) and Brazil (X kg) were the main suppliers of fluoropolymers imports to Uruguay, together accounting for 92% of total imports. Germany, Spain and the Netherlands lagged somewhat behind, together comprising a further 5.5%.
From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +43.0%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the United States ($X) constituted the largest supplier of fluoropolymers to Uruguay, comprising 53% of total imports. The second position in the ranking was taken by Brazil ($X), with a 15% share of total imports. It was followed by China, with a 13% share.
From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to +30.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+16.2% per year) and China (+11.2% per year).
Import Prices by Country
In 2021, the average fluoropolymers import price amounted to $X per ton, waning by -19.2% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2021: its price increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 an increase of 29% against the previous year. The import price peaked at $X per ton in 2020, and then contracted notably in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for the Netherlands ($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 (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the fluoropolymers 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 20163060 - Fluoropolymers
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
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
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
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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