Uruguay: Market for Prefabricated Buildings Of Plastics, Concrete Or Aluminium 2024

Market Size for Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Uruguay

In 2021, the Uruguayan market for prefabricated buildings of plastics, concrete or aluminium increased by 1.8% to $X, rising for the third consecutive year after two years of decline. Over the period under review, the total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +8.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +104.1% against 2018 indices. Over the period under review, the market hit record highs in 2021 and is likely to see gradual growth in the near future.

Exports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Exports from Uruguay

In 2021, approx. X tons of prefabricated buildings of plastics, concrete or aluminium were exported from Uruguay; increasing by 255% against 2020. Overall, exports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 2,395%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of prefabricated buildings of plastics, concrete or aluminium surged to $X in 2021. Over the period under review, exports, however, saw a deep setback. The pace of growth appeared the most rapid in 2017 with an increase of 1,054%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

Argentina (X tons) was the main destination for exports of prefabricated buildings of plastics, concrete or aluminium from Uruguay, accounting for a 24% share of total exports. Moreover, exports of prefabricated buildings of plastics, concrete or aluminium to Argentina exceeded the volume sent to the second major destination, Paraguay (X tons), threefold. The third position in this ranking was held by France (X tons), with a 6.8% share.

From 2012 to 2021, the average annual growth rate of volume to Argentina totaled -10.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+34.5% per year) and France (+13,255.6% per year).

In value terms, Argentina ($X) remains the key foreign market for prefabricated buildings of plastics, concrete or aluminium exports from Uruguay, comprising 25% of total exports. The second position in the ranking was taken by Brazil ($X), with a 9.7% share of total exports. It was followed by France, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value to Argentina amounted to -2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+44.8% per year) and France (+11,127.8% per year).

Export Prices by Country

The average export price for prefabricated buildings of plastics, concrete or aluminium stood at $X per ton in 2021, standing approx. at the previous year. Over the period under review, the export price recorded mild growth. The pace of growth appeared the most rapid in 2015 when the average export price increased by 183%. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Paraguay ($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 Brazil (+26.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Imports into Uruguay

In 2021, purchases abroad of prefabricated buildings of plastics, concrete or aluminium increased by 7.5% to X tons, rising for the third consecutive year after two years of decline. In general, imports saw a buoyant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 55% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, imports of prefabricated buildings of plastics, concrete or aluminium reduced to $X in 2021. Over the period under review, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +7.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +95.0% against 2018 indices. The pace of growth was the most pronounced in 2013 when imports increased by 62%. Over the period under review, imports of hit record highs at $X in 2020, and then fell in the following year.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of prefabricated buildings of plastics, concrete or aluminium to Uruguay, accounting for a 39% share of total imports. Moreover, imports of prefabricated buildings of plastics, concrete or aluminium from China exceeded the figures recorded by the second-largest supplier, Argentina (X tons), twofold. The third position in this ranking was held by Brazil (X tons), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+10.8% per year) and Brazil (+14.6% per year).

In value terms, China ($X) constituted the largest supplier of prefabricated buildings of plastics, concrete or aluminium to Uruguay, comprising 38% of total imports. The second position in the ranking was taken by Argentina ($X), with a 16% share of total imports. It was followed by Brazil, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+4.1% per year) and Brazil (+6.2% per year).

Import Prices by Country

The average import price for prefabricated buildings of plastics, concrete or aluminium stood at $X per ton in 2021, with a decrease of -7% against the previous year. Overall, the import price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 7%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, 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 Spain ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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