Uruguay: Market for Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip 2024

Market Size for Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip in Uruguay

The Uruguayan non-cellular polyvinyl chloride film market soared to $X in 2022, rising by 31% against the previous year. Overall, consumption enjoyed a modest increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip in Uruguay

In value terms, non-cellular polyvinyl chloride film production rose markedly to $X in 2022 estimated in export price. Overall, production, however, showed a mild slump. The most prominent rate of growth was recorded in 2020 with an increase of 58% against the previous year. Non-cellular polyvinyl chloride film production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip

Exports from Uruguay

In 2022, shipments abroad of non-cellular polyvinyl chloride films, sheets, foil and strip decreased by -2% to X tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a slight contraction. The growth pace was the most rapid in 2020 when exports increased by 9% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, non-cellular polyvinyl chloride film exports rose markedly to $X in 2022. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil (X tons) was the main destination for non-cellular polyvinyl chloride film exports from Uruguay, accounting for a 39% share of total exports. Moreover, non-cellular polyvinyl chloride film exports to Brazil exceeded the volume sent to the second major destination, Chile (X tons), twofold. Argentina (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Brazil amounted to -2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (-3.5% per year) and Argentina (+2.7% per year).

In value terms, Brazil ($X), Chile ($X) and Argentina ($X) were the largest markets for non-cellular polyvinyl chloride film exported from Uruguay worldwide, together accounting for 69% of total exports. The United States, Colombia, Paraguay, Peru, Venezuela, Mexico and Saudi Arabia lagged somewhat behind, together comprising a further 23%.

The United States, with a CAGR of +34.0%, saw the highest rates of growth with regard to the value of exports, among 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 non-cellular polyvinyl chloride film export price stood at $X per ton in 2022, surging by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2021 when the average export price increased by 23% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($X per ton), while the average price for exports to Saudi Arabia ($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 the United States (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip

Imports into Uruguay

In 2022, supplies from abroad of non-cellular polyvinyl chloride films, sheets, foil and strip increased by 0.7% to X tons, rising for the second year in a row after three years of decline. The total import volume increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 28% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, non-cellular polyvinyl chloride film imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 31%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Brazil (X tons), China (X tons) and Argentina (X tons) were the main suppliers of non-cellular polyvinyl chloride film imports to Uruguay, together comprising 79% of total imports. These countries were followed by Turkey, which accounted for a further 14%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +179.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-cellular polyvinyl chloride film suppliers to Uruguay were Brazil ($X), Argentina ($X) and China ($X), together comprising 84% of total imports. Turkey lagged somewhat behind, comprising a further 4.7%.

Turkey, with a CAGR of +238.8%, recorded 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

In 2022, the average non-cellular polyvinyl chloride film import price amounted to $X per ton, rising by 15% against the previous year. Overall, the import price showed a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, 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 Argentina ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+21.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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