Report Update Nov 1, 2024

Uruguay - Crude Glycerol, Glycerine Waters and Lyes - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Crude Glycerol Market 2024

Crude Glycerol Market Size in Uruguay

In 2021, after three years of growth, there was significant decline in the Uruguayan crude glycerol market, when its value decreased by -12.6% to $X. Over the period under review, consumption, however, enjoyed a strong expansion. Crude glycerol consumption peaked at $X in 2020, and then dropped in the following year.

Crude Glycerol Production in Uruguay

In value terms, crude glycerol production contracted to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a prominent increase. The pace of growth was the most pronounced in 2016 with an increase of 30%. Over the period under review, production reached the maximum level at $X in 2020, and then declined in the following year.

Crude Glycerol Exports

Exports from Uruguay

In 2021, overseas shipments of crude glycerol, glycerine waters and lyes increased by 48% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports enjoyed a strong expansion. The pace of growth was the most pronounced in 2020 when exports increased by 733%. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, crude glycerol exports soared to $X in 2021. In general, exports posted resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of 817% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

Denmark (X tons), the Netherlands (X tons) and Italy (X tons) were the main destinations of crude glycerol exports from Uruguay, together comprising 42% 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 Italy (with a CAGR of +29.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for crude glycerol exported from Uruguay were Denmark ($X), the Netherlands ($X) and Italy ($X), with a combined 32% share of total exports.

The Netherlands, with a CAGR of +26.6%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average crude glycerol export price amounted to $X per ton, increasing by 11% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 17%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Italy ($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 South Korea (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Crude Glycerol Imports

Imports into Uruguay

Crude glycerol imports into Uruguay contracted significantly to X tons in 2021, waning by -24.9% compared with the previous year. In general, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2016 with an increase of 579% against the previous year. Imports peaked at X tons in 2020, and then contracted notably in the following year.

In value terms, crude glycerol imports fell dramatically to $X in 2021. Overall, imports, however, posted significant growth. The pace of growth was the most pronounced in 2016 when imports increased by 286%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Argentina (X tons) was the main supplier of crude glycerol to Uruguay, accounting for a approx. 99% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Argentina stood at +55.2%.

In value terms, Argentina ($X) constituted the largest supplier of crude glycerol, glycerine waters and lyes to Uruguay.

From 2012 to 2021, the average annual rate of growth in terms of value from Argentina stood at +26.5%.

Import Prices by Country

The average crude glycerol import price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. In general, the import price, however, continues to indicate a deep setback. The growth pace was the most rapid in 2019 an increase of 22% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, 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 -18.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude glycerol, glycerine waters and lyes in the world?

The countries with the highest volumes of crude glycerol consumption in 2020 were China, the United States and India, with a combined 27% share of global consumption. These countries were followed by Germany, Japan, Pakistan, Brazil, Indonesia, Bangladesh, Nigeria, Mexico, the UK and the Netherlands, which together accounted for a further 25%.

What are the largest producers of crude glycerol, glycerine waters and lyes in the world?

The countries with the highest volumes of crude glycerol production in 2020 were Indonesia, the United States and Brazil, with a combined 22% share of global production. These countries were followed by India, Germany, China, Japan, Spain, Pakistan, France, Bangladesh, Nigeria and the UK, which together accounted for a further 30%.

What are the leading suppliers of crude glycerol, glycerine waters and lyes to Uruguay?

In value terms, Argentina constituted the largest supplier of crude glycerol to Uruguay, comprising 97% of total imports. The second position in the ranking was occupied by Germany $155), with a 2.9% share of total imports.

What are the leading importers of crude glycerol, glycerine waters and lyes from Uruguay?

In value terms, Italy, Denmark and the Netherlands were the largest markets for crude glycerol exported from Uruguay worldwide, with a combined 95% share of total exports.

What is the average export price for crude glycerol, glycerine waters and lyes in Uruguay?

The average crude glycerol export price stood at $130 per ton in 2020, falling by -65.8% against the previous year.

What is the average import price for crude glycerol, glycerine waters and lyes in Uruguay?

In 2020, the average crude glycerol import price amounted to $606 per ton, increasing by 73% against the previous year.

This report provides an in-depth analysis of the crude glycerol 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 20411000 - Glycerol (glycerine), crude, glycerol waters and glycerol lyes

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
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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