Uruguay: Nitrogenous Fertilizer Market 2025

Nitrogenous Fertilizer Market Size in Uruguay

In 2022, the Uruguayan nitrogenous fertilizer market increased by X% to $X, rising for the third year in a row after two years of decline. Overall, consumption saw resilient growth. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Nitrogenous Fertilizer Exports

Exports from Uruguay

In 2022, after three years of growth, there was significant decline in shipments abroad of nitrogenous fertilizers (mineral or chemical), when their volume decreased by X% to X tons. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then dropped dramatically in the following year.

In value terms, nitrogenous fertilizer exports stood at $X in 2022. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Paraguay (X tons) was the main destination for nitrogenous fertilizer exports from Uruguay, accounting for a X% share of total exports. Moreover, nitrogenous fertilizer exports to Paraguay exceeded the volume sent to the second major destination, Free Zones (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Paraguay stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Free Zones (X% per year) and Argentina (X% per year).

In value terms, Paraguay ($X) remains the key foreign market for nitrogenous fertilizers (mineral or chemical) exports from Uruguay, comprising X% of total exports. The second position in the ranking was held by Free Zones ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Paraguay totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Free Zones (X% per year) and Argentina (X% per year).

Export Prices by Country

The average nitrogenous fertilizer export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price recorded modest growth. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 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 Argentina ($X per ton), while the average price for exports to Paraguay ($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 Argentina (X%), while the prices for the other major destinations experienced more modest paces of growth.

Nitrogenous Fertilizer Imports

Imports into Uruguay

In 2022, overseas purchases of nitrogenous fertilizers (mineral or chemical) increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, nitrogenous fertilizer imports soared to $X in 2022. Over the period under review, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X tons), Russia (X tons) and Nigeria (X tons) were the main suppliers of nitrogenous fertilizer imports to Uruguay, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest nitrogenous fertilizer suppliers to Uruguay were Nigeria ($X), Turkmenistan ($X) and China ($X), with a combined X% share of total imports.

China, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the average nitrogenous fertilizer import price amounted to $X per ton, increasing by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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