Uruguay: Market for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites 2024

Market Size for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Uruguay

The Uruguayan hypochlorites, chlorites and hypobromites market fell to $X in 2022, reducing by -11.4% against the previous year. In general, consumption saw a pronounced downturn. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Uruguay

In value terms, hypochlorites, chlorites and hypobromites production stood at $X in 2022 estimated in export price. Over the period under review, production, however, recorded a slight curtailment. The most prominent rate of growth was recorded in 2017 when the production volume increased by 34% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Exports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Exports from Uruguay

For the sixth year in a row, Uruguay recorded growth in shipments abroad of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites, which increased by 51% to X tons in 2022. In general, exports posted significant growth. The pace of growth was the most pronounced in 2018 when exports increased by 1,830% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, hypochlorites, chlorites and hypobromites exports soared to $X in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 881% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Free Zones (X tons), Brazil (X tons) and Argentina (X tons) were the main destinations of hypochlorites, chlorites and hypobromites exports from Uruguay, with a combined 99.9% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Free Zones (with a CAGR of +107.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hypochlorites, chlorites and hypobromites exported from Uruguay were Free Zones ($X), Brazil ($X) and Argentina ($X), together comprising 100% of total exports.

Free Zones, with a CAGR of +88.8%, saw 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 more modest paces of growth.

Export Prices by Country

The average hypochlorites, chlorites and hypobromites export price stood at $X per ton in 2022, with a decrease of -20% against the previous year. In general, the export price showed a abrupt contraction. The growth pace was the most rapid in 2016 when the average export price increased by 6%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to Brazil ($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 Free Zones (-8.9%), while the prices for the other major destinations experienced a decline.

Imports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Imports into Uruguay

For the third year in a row, Uruguay recorded growth in overseas purchases of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites, which increased by 24% to X tons in 2022. In general, imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 116%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, hypochlorites, chlorites and hypobromites imports surged to $X in 2022. Over the period under review, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 103% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Brazil (X tons) constituted the largest hypochlorites, chlorites and hypobromites supplier to Uruguay, accounting for a 75% share of total imports. Moreover, hypochlorites, chlorites and hypobromites imports from Brazil exceeded the figures recorded by the second-largest supplier, China (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil amounted to +18.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+0.4% per year) and Argentina (-28.0% per year).

In value terms, Brazil ($X) constituted the largest supplier of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites to Uruguay, comprising 69% of total imports. The second position in the ranking was held by China ($X), with a 30% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil totaled +20.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-2.9% per year) and Argentina (-24.8% per year).

Import Prices by Country

In 2022, the average hypochlorites, chlorites and hypobromites import price amounted to $X per ton, with an increase of 11% against the previous year. Over the period under review, the import price, however, saw a noticeable setback. The pace of growth was the most pronounced in 2017 an increase of 19%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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