Uruguay: Market for Pulp From Fibres Other Than Wood 2025

Market Size for Pulp From Fibres Other Than Wood in Uruguay

After two years of growth, the Uruguayan market for pulp from fibres other than wood decreased by -0.2% to $X in 2022. Overall, consumption showed a slight contraction. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Pulp From Fibres Other Than Wood in Uruguay

In value terms, production of pulp from fibres other than wood amounted to $X in 2022 estimated in export price. In general, production, however, continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2020 when the production volume increased by 1.2%. Production of peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Pulp From Fibres Other Than Wood

Exports from Uruguay

In 2020, overseas shipments of pulp from fibres other than wood decreased by -5.5% to X tons for the first time since 2016, thus ending a three-year rising trend. Overall, exports showed a deep slump. The most prominent rate of growth was recorded in 2019 with an increase of 2,727% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2020, the exports stood at a somewhat lower figure.

In value terms, exports of pulp from fibres other than wood fell to $X in 2020. In general, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2019 when exports increased by 944% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2020, the exports remained at a lower figure.

Exports by Country

Thailand (X tons) was the main destination for exports of pulp from fibres other than wood from Uruguay, with a approx. 100% share of total exports.

From 2015 to 2020, the average annual growth rate of volume to Thailand was relatively modest.

In value terms, Thailand ($X) emerged as the key foreign market for pulp from fibres other than wood exports from Uruguay.

From 2015 to 2020, the average annual growth rate of value to Thailand was relatively modest.

Export Prices by Country

In 2020, the average export price for pulp from fibres other than wood amounted to $X per ton, increasing by 3% against the previous year. Overall, the export price, however, showed a perceptible slump. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2020, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Thailand.

From 2015 to 2020, the rate of growth in terms of prices for Saudi Arabia amounted to -5.5% per year.

Imports of Pulp From Fibres Other Than Wood

Imports into Uruguay

In 2022, purchases abroad of pulp from fibres other than wood decreased by -8% to X tons, falling for the second year in a row after two years of growth. In general, imports, however, showed strong growth. The growth pace was the most rapid in 2019 with an increase of 260% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of pulp from fibres other than wood rose markedly to $X in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 with an increase of 18% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest pulp from fibres other than wood supplier to Uruguay, accounting for a 70% share of total imports. Moreover, imports of pulp from fibres other than wood from the United States exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. The third position in this ranking was held by Belgium (X tons), with a 9.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled +73.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-7.4% per year) and Belgium (+78.5% per year).

In value terms, the United States ($X) constituted the largest supplier of pulp from fibres other than wood to Uruguay, comprising 57% of total imports. The second position in the ranking was held by Germany ($X), with a 24% share of total imports. It was followed by Belgium, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-8.3% per year) and Belgium (+91.9% per year).

Import Prices by Country

The average import price for pulp from fibres other than wood stood at $X per ton in 2022, surging by 14% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 when the average import price increased by 20% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+7.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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