Report Update Jan 1, 2025

Uruguay - Prepared Binders for Foundry Moulds or Cores - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Prepared Binders Market 2025

Prepared Binders Market Size in Uruguay

The Uruguayan prepared binders market was finally on the rise to reach $X in 2021, after three years of decline. Overall, consumption, however, continues to indicate a deep reduction. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Prepared Binders Exports

Exports from Uruguay

In 2021, shipments abroad of prepared binders for foundry moulds or cores increased by 16% to X tons, rising for the fourth consecutive year after two years of decline. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 198% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, prepared binders exports surged to $X in 2021. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 142%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

Egypt (X tons) and Chile (X tons) were the main destinations of prepared binders exports from Uruguay.

From 2012 to 2021, the biggest increases were recorded for Egypt (with a CAGR of +66.9%).

In value terms, Chile ($X) remains the key foreign market for prepared binders for foundry moulds or cores exports from Uruguay, comprising 75% of total exports. The second position in the ranking was taken by Egypt ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Chile totaled +37.1%.

Export Prices by Country

In 2021, the average prepared binders export price amounted to $X per ton, approximately equating the previous year. In general, the export price showed a remarkable increase. The most prominent rate of growth was recorded in 2017 an increase of 178%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Chile ($X per ton), while the average price for exports to Egypt stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+295.0%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Binders Imports

Imports into Uruguay

After three years of decline, supplies from abroad of prepared binders for foundry moulds or cores increased by 77% to X tons in 2021. Overall, imports, however, recorded a noticeable descent. The growth pace was the most rapid in 2017 with an increase of 782% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, prepared binders imports surged to $X in 2021. In general, imports, however, recorded a perceptible curtailment. The pace of growth was the most pronounced in 2017 with an increase of 818%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, India (X tons) constituted the largest prepared binders supplier to Uruguay, with a 68% share of total imports. Moreover, prepared binders imports from India exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fourfold. Germany (X tons) ranked third in terms of total imports with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from India was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-20.1% per year) and Germany (+20.2% per year).

In value terms, India ($X) constituted the largest supplier of prepared binders for foundry moulds or cores to Uruguay, comprising 48% of total imports. The second position in the ranking was taken by Belgium ($X), with a 24% share of total imports. It was followed by Germany, with a 15% share.

From 2012 to 2021, the average annual growth rate of value from India was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-15.1% per year) and Germany (+13.9% per year).

Import Prices by Country

In 2021, the average prepared binders import price amounted to $X per ton, waning by -25.2% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +2.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when the average import price increased by 53% against the previous year. The import price peaked at $X per ton in 2020, and then contracted rapidly 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 Spain ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+13.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for prepared binders for foundry moulds or cores in the world?

China constituted the country with the largest volume of prepared binders consumption, accounting for 23% of total volume. Moreover, prepared binders consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with an 8.8% share.

What are the largest producers of prepared binders for foundry moulds or cores in the world?

China constituted the country with the largest volume of prepared binders production, comprising approx. 24% of total volume. Moreover, prepared binders production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by Germany, with a 9.9% share.

What are the leading suppliers of prepared binders for foundry moulds or cores to Uruguay?

In value terms, Belgium constituted the largest supplier of prepared binders to Uruguay, comprising 74% of total imports. The second position in the ranking was occupied by Germany, with a 20% share of total imports.

What are the leading importers of prepared binders for foundry moulds or cores from Uruguay?

In value terms, Chile $193) remains the key foreign market for prepared binders exports from Uruguay, comprising 97% of total exports. The second position in the ranking was occupied by Egypt $6), with a 3% share of total exports.

What is the average export price for prepared binders for foundry moulds or cores in Uruguay?

In 2020, the average prepared binders export price amounted to $9,045 per ton, picking up by 32% against the previous year.

What is the average import price for prepared binders for foundry moulds or cores in Uruguay?

In 2020, the average prepared binders import price amounted to $2,670 per ton, increasing by 3.7% against the previous year.

This report provides an in-depth analysis of the prepared binders 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 20595720 - Prepared binders for foundry moulds or cores

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
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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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024