Report Update Nov 1, 2024

Uruguay - Food Preparations for Infants - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Baby Food Market 2024

Baby Food Market Size in Uruguay

The Uruguayan baby food market soared to $X in 2021, increasing by 23% against the previous year. In general, the total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -21.9% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Baby Food Production in Uruguay

In value terms, baby food production surged to $X in 2021 estimated in export price. Overall, production enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2019 when the production volume increased by 58%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Baby Food Exports

Exports from Uruguay

Baby food exports from Uruguay skyrocketed to X tons in 2021, rising by 21% against the previous year's figure. Overall, exports, however, showed a precipitous slump. The pace of growth was the most pronounced in 2014 when exports increased by 71%. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, baby food exports skyrocketed to $X in 2021. In general, exports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2019 when exports increased by 118%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Argentina (X tons) was the main destination for baby food exports from Uruguay, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Argentina totaled -27.0%.

In value terms, Argentina ($X) also remains the key foreign market for food preparations for infants exports from Uruguay.

From 2012 to 2021, the average annual rate of growth in terms of value to Argentina amounted to -16.2%.

Export Prices by Country

In 2021, the average baby food export price amounted to $X per ton, rising by 11% against the previous year. Overall, the export price showed a buoyant increase. The pace of growth appeared the most rapid in 2015 an increase of 51%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in years to come.

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 +14.8% per year.

Baby Food Imports

Imports into Uruguay

Baby food imports into Uruguay dropped dramatically to X tons in 2021, which is down by -57.2% compared with the previous year's figure. Over the period under review, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of 7.5%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, baby food imports fell dramatically to $X in 2021. Overall, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2013 when imports increased by 19% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Argentina (X tons) constituted the largest baby food supplier to Uruguay, with a 74% share of total imports. Moreover, baby food imports from Argentina exceeded the figures recorded by the second-largest supplier, Mexico (X tons), fivefold. The third position in this ranking was held by the Netherlands (X tons), with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Argentina totaled -16.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+10.0% per year) and the Netherlands (+2.2% per year).

In value terms, Argentina ($X) constituted the largest supplier of food preparations for infants to Uruguay, comprising 56% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 20% share of total imports. It was followed by Mexico, with a 17% share.

From 2012 to 2021, the average annual growth rate of value from Argentina totaled -15.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+5.3% per year) and Mexico (+12.1% per year).

Import Prices by Country

The average baby food import price stood at $X per ton in 2021, growing by 9.2% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2017 when the average import price increased by 19% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Ireland ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+25.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for food preparations for infants in the world?

The countries with the highest volumes of baby food consumption in 2020 were China, the United States and India, with a combined 29% share of global consumption. Nigeria, Japan, Russia, Pakistan, Brazil, Ireland, Bangladesh, Indonesia, Mexico and Ethiopia lagged somewhat behind, together comprising a further 25%.

What are the largest producers of food preparations for infants in the world?

The countries with the highest volumes of baby food production in 2020 were China, the United States and India, together comprising 26% of global production. These countries were followed by Ireland, Japan, the Netherlands, France, Russia, Pakistan, Brazil, Indonesia, Mexico and Bangladesh, which together accounted for a further 29%.

What are the leading suppliers of food preparations for infants to Uruguay?

In value terms, Argentina constituted the largest supplier of baby food to Uruguay, comprising 56% of total imports. The second position in the ranking was occupied by the Netherlands, with a 22% share of total imports. It was followed by Mexico, with a 15% share.

What are the leading importers of food preparations for infants from Uruguay?

In value terms, Argentina remains the key foreign market for baby food exports from Uruguay.

What is the average export price for food preparations for infants in Uruguay?

The average baby food export price stood at $8,906 per ton in 2020, rising by 28% against the previous year.

What is the average import price for food preparations for infants in Uruguay?

The average baby food import price stood at $4,280 per ton in 2020, picking up by 38% against the previous year.

This report provides an in-depth analysis of the baby food 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 10861070 - Food preparations for infants, p.r.s. (excluding homogenised composite food preparations)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023