Uruguay: Drawing Chalk Market 2024

Drawing Chalk Market Size in Uruguay

The Uruguayan drawing chalk market skyrocketed to $X in 2021, growing by 35% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a slight expansion. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Drawing Chalk Exports

Exports from Uruguay

In 2021, the amount of pastels, drawing charcoals, writing or drawing chalks exported from Uruguay soared to X units, picking up by 2,692% compared with the previous year. Over the period under review, exports recorded a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, drawing chalk exports surged to $X in 2021. Overall, exports showed prominent growth. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Argentina (X units) was the main destination for drawing chalk exports from Uruguay, with a 100% share of total exports. It was followed by Paraguay (X units), with a 0.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Argentina stood at +20.4%.

In value terms, Argentina ($X) remains the key foreign market for pastels, drawing charcoals, writing or drawing chalks exports from Uruguay, comprising 98% of total exports. The second position in the ranking was held by Paraguay ($X), with a 1.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Argentina amounted to +15.5%.

Export Prices by Country

The average drawing chalk export price stood at $X per unit in 2021, declining by -32.6% against the previous year. Overall, the export price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2014 an increase of 83% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Paraguay ($X per unit), while the average price for exports to Argentina stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+2.1%).

Drawing Chalk Imports

Imports into Uruguay

In 2021, approx. X units of pastels, drawing charcoals, writing or drawing chalks were imported into Uruguay; picking up by 54% against 2020. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by 88% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, drawing chalk imports skyrocketed to $X in 2021. In general, total imports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -1.3% against 2019 indices. The growth pace was the most rapid in 2013 when imports increased by 43% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest drawing chalk supplier to Uruguay, accounting for a 74% share of total imports. Moreover, drawing chalk imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X units), more than tenfold. Thailand (X units) ranked third in terms of total imports with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-8.3% per year) and Thailand (+10.3% per year).

In value terms, China ($X) constituted the largest supplier of pastels, drawing charcoals, writing or drawing chalks to Uruguay, comprising 64% of total imports. The second position in the ranking was held by Brazil ($X), with a 4.3% share of total imports. It was followed by the United States, with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-8.6% per year) and the United States (-11.0% per year).

Import Prices by Country

The average drawing chalk import price stood at $X per unit in 2021, reducing by -11.4% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, drawing chalk import price increased by +11.2% against 2019 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 39% against the previous year. The import price peaked at $X per unit in 2020, and then contracted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was South Korea ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform