Uruguay: Graphic Papers Market 2024

Graphic Papers Market Size in Uruguay

In 2022, the Uruguayan graphic papers market increased by 30% to $X, rising for the second consecutive year after three years of decline. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Graphic Papers Production in Uruguay

In value terms, graphic papers production contracted to $X in 2022 estimated in export price. In general, production, however, faced a deep setback. The pace of growth appeared the most rapid in 2021 when the production volume increased by 14% against the previous year. Graphic papers production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Graphic Papers Exports

Exports from Uruguay

In 2022, overseas shipments of graphic papers increased by 11% to X tons for the first time since 2015, thus ending a six-year declining trend. Over the period under review, exports, however, recorded a sharp slump. The pace of growth appeared the most rapid in 2014 with an increase of 12%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, graphic papers exports rose notably to $X in 2022. Overall, exports, however, continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2014 when exports increased by 13%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Argentina (X tons), Free Zones (X tons) and Brazil (X tons) were the main destinations of graphic papers exports from Uruguay, with a combined 76% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Free Zones (with a CAGR of -2.3%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for graphic papers exported from Uruguay were Free Zones ($X), Argentina ($X) and Brazil ($X), together comprising 78% of total exports.

Free Zones, with a CAGR of -0.4%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average graphic papers export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, saw a pronounced contraction. The growth pace was the most rapid in 2015 when the average export price increased by 1.7%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Graphic Papers Imports

Imports into Uruguay

In 2022, overseas purchases of graphic papers increased by 15% to X tons, rising for the second year in a row after three years of decline. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 37% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, graphic papers imports soared to $X in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Brazil (X tons) constituted the largest supplier of graphic papers to Uruguay, with a 47% share of total imports. Moreover, graphic papers imports from Brazil exceeded the figures recorded by the second-largest supplier, Argentina (X tons), twofold. Chile (X tons) ranked third in terms of total imports with a 9% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil totaled +7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+20.5% per year) and Chile (-3.2% per year).

In value terms, Brazil ($X) constituted the largest supplier of graphic papers to Uruguay, comprising 48% of total imports. The second position in the ranking was held by Argentina ($X), with a 16% share of total imports. It was followed by Finland, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil totaled +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+19.0% per year) and Finland (+5.0% per year).

Import Prices by Country

The average graphic papers import price stood at $X per ton in 2022, increasing by 22% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+20.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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