Report Update Nov 1, 2024

Uruguay - Iron or Steel Crown Corks - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Metal Crown Cork Market 2024

Metal Crown Cork Exports

Exports from Uruguay

In 2020, approx. X units of iron or steel crown corks were exported from Uruguay; reducing by -72.9% against the previous year's figure. In general, exports, however, enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 22% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2016; however, from 2017 to 2020, the exports stood at a somewhat lower figure.

In value terms, metal crown cork exports shrank rapidly to $X in 2020. Over the period under review, exports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2019 with an increase of 80%. As a result, the exports attained the peak of $X, and then fell notably in the following year.

Exports by Country

Honduras (X units) was the main destination for metal crown cork exports from Uruguay, accounting for a approx. 100% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to Honduras was relatively modest.

In value terms, Honduras ($X) emerged as the key foreign market for iron or steel crown corks exports from Uruguay.

From 2012 to 2020, the average annual rate of growth in terms of value to Honduras was relatively modest.

Export Prices by Country

The average metal crown cork export price stood at $X per thousand units in 2020, surging by 69% against the previous year. Overall, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 103% against the previous year. The export price peaked in 2020 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Honduras.

From 2012 to 2020, the rate of growth in terms of prices for Argentina amounted to +15.3% per year.

Metal Crown Cork Imports

Imports into Uruguay

In 2022, approx. X units of iron or steel crown corks were imported into Uruguay; with a decrease of -27.4% against the previous year. Overall, imports saw a perceptible decline. The pace of growth was the most pronounced in 2021 with an increase of 78%. As a result, imports reached the peak of X units, and then shrank dramatically in the following year.

In value terms, metal crown cork imports reduced to $X in 2022. In general, imports saw a mild downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 82% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Brazil (X units), Argentina (X units) and Mexico (X units) were the main suppliers of metal crown cork imports to Uruguay, together accounting for 85% of total imports. These countries were followed by France and Spain, which together accounted for a further 15%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +74.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal crown cork suppliers to Uruguay were Brazil ($X), Argentina ($X) and Mexico ($X), with a combined 80% share of total imports.

Among the main suppliers, Mexico, with a CAGR of +120.2%, saw the highest growth rate of 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

The average metal crown cork import price stood at $X per thousand units in 2022, jumping by 32% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. As a result, import price attained 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 Mexico ($X per thousand units), while the price for Argentina ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+32.8%), 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 iron or steel crown corks in the world?

The countries with the highest volumes of metal crown cork consumption in 2020 were China, the United States and India, with a combined 50% share of global consumption.

What are the largest producers of iron or steel crown corks in the world?

The countries with the highest volumes of metal crown cork production in 2020 were China, the United States and India, together accounting for 49% of global production.

What are the leading suppliers of iron or steel crown corks to Uruguay?

In value terms, Brazil constituted the largest supplier of metal crown cork to Uruguay, comprising 71% of total imports. The second position in the ranking was occupied by France, with a 21% share of total imports.

What are the leading importers of iron or steel crown corks from Uruguay?

In value terms, Paraguay remains the key foreign market for metal crown cork exports from Uruguay.

What is the average export price for iron or steel crown corks in Uruguay?

The average metal crown cork export price stood at $5.5 per thousand units in 2020, picking up by 9.1% against the previous year.

What is the average import price for iron or steel crown corks in Uruguay?

In 2020, the average metal crown cork import price amounted to $5.8 per thousand units, with an increase of 4.9% against the previous year.

This report provides an in-depth analysis of the metal crown cork 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 25921330 - Iron or steel crown corks

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