Uruguay: Market for Acylic Monoamines,Their Derivatives And Salts Thereof (Excl. Methylamine; Di- or Trimethylamine) 2024

Market Size for Acylic Monoamines,Their Derivatives And Salts Thereof (Excl. Methylamine; Di- or Trimethylamine) in Uruguay

In 2022, after five years of decline, there was growth in the Uruguayan market for acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine), when its value increased by X% to $X. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Acylic Monoamines,Their Derivatives And Salts Thereof (Excl. Methylamine; Di- or Trimethylamine) in Uruguay

In value terms, production of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) dropped modestly to $X in 2022 estimated in export price. In general, production, however, recorded a tangible increase. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Production of peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Exports of Acylic Monoamines,Their Derivatives And Salts Thereof (Excl. Methylamine; Di- or Trimethylamine)

Exports from Uruguay

After four years of growth, shipments abroad of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) decreased by X% to X tons in 2022. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports of hit record highs at X tons in 2021, and then declined sharply in the following year.

In value terms, exports of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) contracted to $X in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The exports peaked at $X in 2021, and then dropped in the following year.

Exports by Country

Panama (X tons) was the main destination for exports of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) from Uruguay, accounting for a X% share of total exports. Moreover, exports of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) to Panama exceeded the volume sent to the second major destination, Guatemala (X tons), sevenfold.

From 2012 to 2022, the average annual growth rate of volume to Panama amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (X% per year) and Chile (X% per year).

In value terms, Panama ($X) remains the key foreign market for acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) exports from Uruguay, comprising X% of total exports. The second position in the ranking was taken by Guatemala ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Panama amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (X% per year) and Chile (X% per year).

Export Prices by Country

The average export price for acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) stood at $X per ton in 2022, jumping by X% against the previous year. In general, the export price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Guatemala ($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 Chile (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Acylic Monoamines,Their Derivatives And Salts Thereof (Excl. Methylamine; Di- or Trimethylamine)

Imports into Uruguay

In 2022, supplies from abroad of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, imports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) fell markedly to $X in 2022. Over the period under review, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2016 when imports increased by X% 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

In 2022, China (X tons) constituted the largest supplier of acylic monoamines,their derivatives and salts thereof to Uruguay, with a X% share of total imports. Moreover, imports of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. The United States (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

In value terms, the largest acylic monoamines,their derivatives and salts thereof suppliers to Uruguay were Japan ($X), China ($X) and Germany ($X), with a combined X% share of total imports.

Japan, with a CAGR of X%, saw 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 a decline.

Import Prices by Country

The average import price for acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price continues to indicate a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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