Report Update Nov 1, 2024

Uruguay - Insecticides - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Insecticide Market 2024

Insecticide Market Size in Uruguay

In 2021, the Uruguayan insecticide market increased by 50% to $X, rising for the second year in a row after three years of decline. Overall, consumption enjoyed strong growth. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in the near future.

Insecticide Exports

Exports from Uruguay

In 2021, insecticide exports from Uruguay surged to X tons, with an increase of 31% compared with the previous year. Overall, exports, however, faced a deep slump. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, insecticide exports expanded sharply to $X in 2021. In general, exports, however, continue to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2018 with an increase of 40% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Bolivia (X tons), Argentina (X tons) and Brazil (X tons) were the main destinations of insecticide exports from Uruguay, with a combined 82% share of total exports. These countries were followed by Paraguay, which accounted for a further 15%.

From 2012 to 2021, the biggest increases were recorded for Paraguay (with a CAGR of +29.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bolivia ($X) remains the key foreign market for insecticides exports from Uruguay, comprising 49% of total exports. The second position in the ranking was held by Paraguay ($X), with a 22% share of total exports. It was followed by Argentina, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Bolivia amounted to +13.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+34.5% per year) and Argentina (+23.1% per year).

Export Prices by Country

The average insecticide export price stood at $X per ton in 2021, dropping by -12.7% against the previous year. Overall, the export price, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2015 an increase of 76% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2019; however, from 2020 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 Bolivia ($X per ton), while the average price for exports to Brazil ($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 Argentina (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

Insecticide Imports

Imports into Uruguay

In 2021, purchases abroad of insecticides increased by 41% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports saw a relatively flat trend pattern. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, insecticide imports soared to $X in 2021. In general, imports, however, recorded a noticeable setback. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Argentina (X tons) constituted the largest supplier of insecticide to Uruguay, with a 50% share of total imports. Moreover, insecticide imports from Argentina exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was held by Turkey (X tons), with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Argentina totaled -1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-1.2% per year) and Turkey (+112.9% per year).

In value terms, the largest insecticide suppliers to Uruguay were China ($X), Argentina ($X) and Paraguay ($X), together comprising 69% of total imports. These countries were followed by Peru, Turkey, Brazil and India, which together accounted for a further 14%.

In terms of the main suppliers, Turkey, with a CAGR of +130.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average insecticide import price stood at $X per ton in 2021, rising by 4.8% against the previous year. In general, the import price, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2018 an increase of 30% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+8.0%), 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 insecticides in the world?

The countries with the highest volumes of in 2021 were China, the United States and Brazil, with a combined 32% share of global consumption. These countries were followed by India, Japan, Indonesia, Germany, France, Turkey, Nigeria, Russia, South Korea and the UK, which together accounted for a further 31%.

What are the largest producers of insecticides in the world?

China constituted the country with the largest volume of insecticide production, comprising approx. 37% of total volume. Moreover, insecticide production in China exceeded the figures recorded by the second-largest producer, the United States, fourfold. The third position in this ranking was occupied by India, with a 9.4% share.

What are the leading suppliers of insecticides to Uruguay?

In value terms, China, Argentina and Brazil appeared to be the largest insecticide suppliers to Uruguay, together comprising 73% of total imports. These countries were followed by Paraguay, India, Turkey and Peru, which together accounted for a further 13%.

What are the leading importers of insecticides from Uruguay?

In value terms, Bolivia remains the key foreign market for insecticide exports from Uruguay, comprising 54% of total exports. The second position in the ranking was occupied by Paraguay, with a 23% share of total exports. It was followed by Argentina, with an 18% share.

What is the average export price for insecticides in Uruguay?

In 2021, the average insecticide export price amounted to $13,299 per ton, jumping by 18% against the previous year.

What is the average import price for insecticides in Uruguay?

The average insecticide import price stood at $7,462 per ton in 2021, with an increase of 59% against the previous year.

This report provides an in-depth analysis of the insecticide 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 20201130 - Insecticides based on chlorinated hydrocarbons, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201140 - Insecticides based on carbamates, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201150 - Insecticides based on organophosphorus products, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201160 - Insecticides based on pyrethroids, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201190 - Other insecticides
Prodcom 20201100 -

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