Uruguay: Market for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers 2021

Market Size for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers in Uruguay

In 2020, the Uruguayan market for iron, steel or aluminium reservoirs, tanks, vats and similar containers decreased by -X% to $X, falling for the third year in a row after two years of growth. Overall, consumption, however, showed a resilient increase. The pace of growth appeared the most rapid in 2008 when the market value increased by X% year-to-year. Iron, steel or aluminium reservoir consumption peaked at $X in 2014; however, from 2015 to 2020, consumption stood at a somewhat lower figure.

Exports of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers

Exports from Uruguay

In 2020, shipments abroad of iron, steel or aluminium reservoirs, tanks, vats and similar containers decreased by -X% to X tons, falling for the second year in a row after three years of growth. Over the period under review, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at X tons in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, iron, steel or aluminium reservoir exports declined markedly to $X in 2020. Overall, exports showed a deep setback. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons), Bolivia (X tons) and Chile (X tons) were the main destinations of iron, steel or aluminium reservoir exports from Uruguay, together comprising X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile, while exports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) emerged as the key foreign market for iron, steel or aluminium reservoir exports from Uruguay, comprising X% of total exports. The second position in the ranking was occupied by Chile ($X), with a X% share of total exports. It was followed by the U.S., with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to the UK stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+X% per year) and the U.S. (-X% per year).

Export Prices by Country

In 2020, the average export price for iron, steel or aluminium reservoirs, tanks, vats and similar containers amounted to $X per ton, jumping by X% against the previous year. Overall, the export price enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. As a result, export price attained the peak level of $X per ton. from 2009 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Peru ($X per ton), while the average price for exports to Bolivia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers

Imports into Uruguay

Iron, steel or aluminium reservoir imports into Uruguay declined notably to X tons in 2020, which is down by -X% against 2019. Over the period under review, imports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2008 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

In value terms, iron, steel or aluminium reservoir imports reduced to $X in 2020. In general, imports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2008 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

Brazil (X tons), Turkey (X tons) and Argentina (X tons) were the main suppliers of iron, steel or aluminium reservoir imports to Uruguay, with a combined X% share of total imports. Spain, China, the U.S., the Czech Republic and Thailand lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Spain, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Turkey ($X) and Spain ($X) were the largest iron, steel or aluminium reservoir suppliers to Uruguay, with a combined X% share of total imports. These countries were followed by the U.S., Argentina, China, the Czech Republic and Thailand, which together accounted for a further X saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for iron, steel or aluminium reservoirs, tanks, vats and similar containers stood at $X per ton in 2020, rising by X% against the previous year. Over the period under review, the import price, however, showed a mild reduction. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. from 2014 to 2020, the growth in terms of the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Argentina, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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