Report Update Nov 1, 2024

Uruguay - Glass Fibres and Glass Wool - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Market for Glass Fibres And Glass Wool 2024

Market Size for Glass Fibres And Glass Wool in Uruguay

The Uruguayan glass fibres and wool market contracted modestly to $X in 2022, declining by -3.7% against the previous year. Overall, consumption saw a slight decline. Glass fibres and wool consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Glass Fibres And Glass Wool in Uruguay

In value terms, glass fibres and wool production declined to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2018 when the production volume increased by 27% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Glass Fibres And Glass Wool

Exports from Uruguay

In 2022, exports of glass fibres and glass wool from Uruguay surged to X tons, jumping by 107% compared with the previous year. In general, exports, however, saw a deep downturn. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, glass fibres and wool exports soared to $X in 2022. Overall, exports, however, showed a abrupt setback. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Argentina (X tons) and Brazil (X tons) were the main destinations of glass fibres and wool exports from Uruguay.

From 2012 to 2022, the biggest increases were recorded for Argentina (with a CAGR of -2.9%).

In value terms, the largest markets for glass fibres and wool exported from Uruguay were Argentina ($X) and Brazil ($X).

In terms of the main countries of destination, Argentina, with a CAGR of -2.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average glass fibres and wool export price stood at $X per ton in 2022, with an increase of 3.7% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 9.9%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+0.4%).

Imports of Glass Fibres And Glass Wool

Imports into Uruguay

Glass fibres and wool imports into Uruguay soared to X tons in 2022, rising by 104% on 2021. In general, imports enjoyed a resilient increase. The pace of growth appeared the most rapid in 2019 with an increase of 164% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, glass fibres and wool imports expanded to $X in 2022. Over the period under review, imports enjoyed a measured expansion. The pace of growth was the most pronounced in 2019 with an increase of 117%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Mexico (X tons), China (X tons) and Belgium (X tons) were the main suppliers of glass fibres and wool imports to Uruguay, together accounting for 90% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +103.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest glass fibres and wool suppliers to Uruguay were Mexico ($X), China ($X) and Spain ($X), together accounting for 66% of total imports. Belgium, the United States and Brazil lagged somewhat behind, together accounting for a further 13%.

In terms of the main suppliers, Belgium, with a CAGR of +91.7%, saw the highest rates of growth with regard to 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 glass fibres and wool import price amounted to $X per ton, with a decrease of -49.3% against the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by 49%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+15.1%), 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 glass fibres and glass wool in the world?

The countries with the highest volumes of in 2021 were China, the UK and India, together comprising 38% of global consumption. The United States, Japan, Belgium, Russia, France, Mexico, Germany, Turkey, South Korea and Finland lagged somewhat behind, together comprising a further 33%.

What are the largest producers of glass fibres and glass wool in the world?

The country with the largest volume of glass fibres and wool production was China, accounting for 25% of total volume. Moreover, glass fibres and wool production in China exceeded the figures recorded by the second-largest producer, the UK, twofold. India ranked third in terms of total production with a 7.3% share.

What are the leading suppliers of glass fibres and glass wool to Uruguay?

In value terms, the largest glass fibres and wool suppliers to Uruguay were Mexico, Spain and Argentina, together accounting for 69% of total imports.

What are the leading importers of glass fibres and glass wool from Uruguay?

In value terms, Argentina remains the key foreign market for glass fibres and wool exports from Uruguay.

What is the average export price for glass fibres and glass wool in Uruguay?

The average glass fibres and wool export price stood at $2,892 per ton in 2021, stabilizing at the previous year.

What is the average import price for glass fibres and glass wool in Uruguay?

The average glass fibres and wool import price stood at $3,749 per ton in 2021, surging by 9.5% against the previous year.

This report provides an in-depth analysis of the market for glass fibres and wool 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 23141297 - Glass fibres, incl. glass wool, and articles thereof (excl. staple fibres, rovings, yarn, chopped strands, woven fabrics, also narrow fabrics, thin sheets voiles, webs, mats, mattresses and boards and similar nonwoven products, mineral wool and articles thereof, electrical insulators or parts thereof, optical fibres, fibre bundles or cable, brushes of glass fibres, and dolls' wigs)

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