Report Update Nov 1, 2024

Uruguay - Polyamides (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Polyamide Market 2024

Polyamide Market Size in Uruguay

In 2021, the Uruguayan polyamide market increased by 50% to $X, rising for the second consecutive year after three years of decline. In general, consumption continues to indicate strong growth. Polyamide consumption peaked in 2021 and is expected to retain growth in years to come.

Polyamide Exports

Exports from Uruguay

In 2021, overseas shipments of polyamides (in primary forms) decreased by -58.4% to X tons, falling for the fourth year in a row after four years of growth. Over the period under review, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2015 when exports increased by 480%. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, polyamide exports reduced remarkably to $X in 2021. Overall, exports recorded a abrupt contraction. The growth pace was the most rapid in 2015 when exports increased by 606% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X tons) was the main destination for polyamide exports from Uruguay, with a 55% share of total exports. Moreover, polyamide exports to Hong Kong SAR exceeded the volume sent to the second major destination, Brazil (X kg), threefold. Lao People's Democratic Republic (X kg) ranked third in terms of total exports with an 18% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Hong Kong SAR was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (-27.2% per year) and Lao People's Democratic Republic (0.0% per year).

In value terms, the largest markets for polyamide exported from Uruguay were Brazil ($X), Hong Kong SAR ($X) and Thailand ($X), together comprising 93% of total exports. These countries were followed by Chile and Lao People's Democratic Republic, which together accounted for a further 6.4%.

Lao People's Democratic Republic, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average polyamide export price stood at $X per ton in 2021, growing by 28% against the previous year. Overall, the export price showed a noticeable expansion. The pace of growth was the most pronounced in 2019 an increase of 37%. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Lao People's Democratic Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Polyamide Imports

Imports into Uruguay

In 2021, supplies from abroad of polyamides (in primary forms) increased by 32% to X tons, rising for the second consecutive year after two years of decline. In general, imports recorded resilient growth. The growth pace was the most rapid in 2020 when imports increased by 129%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, polyamide imports soared to $X in 2021. Over the period under review, imports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 73% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in years to come.

Imports by Country

China (X tons), Germany (X tons) and Brazil (X tons) were the main suppliers of polyamide imports to Uruguay, together comprising 76% of total imports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +22.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polyamide suppliers to Uruguay were Germany ($X), China ($X) and Brazil ($X), with a combined 71% share of total imports.

In terms of the main suppliers, Germany, with a CAGR of +18.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average polyamide import price stood at $X per ton in 2021, jumping by 20% against the previous year. Overall, the import price, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2019 when the average import price increased by 30%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were the United States ($X per ton) and Taiwan (Chinese) ($X per ton), while the price for China ($X per ton) and Brazil ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (-1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for polyamides (in primary forms) in the world?

China constituted the country with the largest volume of polyamide consumption, comprising approx. 23% of total volume. Moreover, polyamide consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 10% share.

What are the largest producers of polyamides (in primary forms) in the world?

The countries with the highest volumes of in 2021 were China, the United States and Germany, together comprising 48% of global production. India, Japan, Taiwan Chinese), the Netherlands, Belarus, South Korea, Belgium, Russia, Thailand and Poland lagged somewhat behind, together comprising a further 28%.

What are the leading suppliers of polyamides (in primary forms) to Uruguay?

In value terms, Belgium constituted the largest supplier of polyamide to Uruguay, comprising 40% of total imports. The second position in the ranking was occupied by Germany, with a 15% share of total imports. It was followed by China, with a 15% share.

What are the leading importers of polyamides (in primary forms) from Uruguay?

In value terms, Brazil remains the key foreign market for polyamide exports from Uruguay, comprising 80% of total exports. The second position in the ranking was occupied by Hong Kong SAR, with a 17% share of total exports.

What is the average export price for polyamides (in primary forms) in Uruguay?

The average polyamide export price stood at $3,167 per ton in 2021, increasing by 35% against the previous year.

What is the average import price for polyamides (in primary forms) in Uruguay?

In 2021, the average polyamide import price amounted to $4,062 per ton, reducing by -12.9% against the previous year.

This report provides an in-depth analysis of the polyamide market in Uruguay. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20165450 - Polyamide -6, -11, -12, -6,6, -6,9, -6,10 or -6,12, in primary forms
Prodcom 20165490 - Polyamides, in primary forms (excluding polyamide -6, -11, .12, -6,6, -6,9, -6,10 or -6,12)

Country coverage:

Uruguay

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uruguay
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023