Uruguay: Market for Coated Printing and Writing Papers 2024

Market Size for Coated Printing and Writing Papers in Uruguay

The Uruguayan market for coated printing and writing papers was finally on the rise to reach $X in 2021, after three years of decline. Over the period under review, consumption, however, recorded a abrupt contraction. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Production of Coated Printing and Writing Papers in Uruguay

In value terms, coated printing and writing paper production skyrocketed to $X in 2021 estimated in export price. Overall, production recorded a abrupt descent. Coated printing and writing paper production peaked at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Exports of Coated Printing and Writing Papers

Exports from Uruguay

In 2021, shipments abroad of coated printing and writing papers decreased by -15.4% to X tons, falling for the sixth year in a row after two years of growth. Over the period under review, exports showed a precipitous contraction. The pace of growth was the most pronounced in 2015 with an increase of 9.8% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, coated printing and writing paper exports dropped sharply to $X in 2021. In general, exports faced a sharp shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by 13% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Argentina (X tons), Free Zones (X tons) and Chile (X tons) were the main destinations of coated printing and writing paper exports from Uruguay, with a combined 80% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Free Zones (with a CAGR of -1.6%), while the other leaders experienced a decline.

In value terms, the largest markets for coated printing and writing paper exported from Uruguay were Argentina ($X), Free Zones ($X) and Chile ($X), together comprising 79% of total exports.

Among the main countries of destination, Free Zones, with a CAGR of +0.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for coated printing and writing papers stood at $X per ton in 2021, leveling off at the previous year. Overall, the export price showed a noticeable setback. The pace of growth appeared the most rapid in 2015 when the average export price increased by 2.8%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Paraguay ($X per ton), while the average price for exports to Chile ($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 Paraguay (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coated Printing and Writing Papers

Imports into Uruguay

In 2021, purchases abroad of coated printing and writing papers increased by 11% to X tons for the first time since 2017, thus ending a three-year declining trend. In general, imports, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2013 with an increase of 29%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, coated printing and writing paper imports rose significantly to $X in 2021. Over the period under review, imports, however, recorded a noticeable decline. The growth pace was the most rapid in 2013 when imports increased by 25%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Finland (X tons), Chile (X tons) and Brazil (X tons) were the main suppliers of coated printing and writing paper imports to Uruguay, together comprising 57% of total imports.

From 2012 to 2021, the biggest increases were recorded for Finland (with a CAGR of +10.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest coated printing and writing paper suppliers to Uruguay were Finland ($X), Chile ($X) and Brazil ($X), together accounting for 64% of total imports.

Finland, with a CAGR of +11.4%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average import price for coated printing and writing papers amounted to $X per ton, dropping by -1.8% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 6.5%. Over the period under review, average import prices hit record highs at $X per ton in 2012; afterwards, it flattened through to 2021.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while the price for Belgium ($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 (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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