Uruguay: Cellulose Fibrecement Sheet Market 2024

Cellulose Fibrecement Sheet Market Size in Uruguay

The Uruguayan cellulose fibrecement sheet market was estimated at $X in 2022, picking up by 3.1% against the previous year. In general, the total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.7% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Cellulose Fibrecement Sheet Production in Uruguay

In value terms, cellulose fibrecement sheet production rose notably to $X in 2022 estimated in export price. In general, production posted a pronounced increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by 89%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Cellulose Fibrecement Sheet Exports

Exports from Uruguay

In 2018, overseas shipments of sheets, panels and tiles of cellulose fibrecement decreased by 0% to X tons for the first time since 2014, thus ending a three-year declining trend. In general, exports showed a precipitous decline. The smallest decline of -76% was in 2015. The exports peaked at X tons in 2014; however, from 2015 to 2018, the exports stood at a somewhat lower figure.

In value terms, cellulose fibrecement sheet exports totaled $X in 2018. Over the period under review, exports recorded a sharp descent. The smallest decline of -95% was in 2015. The exports peaked at $X in 2014; however, from 2015 to 2018, the exports failed to regain momentum.

Exports by Country

Paraguay (X tons) was the main destination for cellulose fibrecement sheet exports from Uruguay, accounting for a approx. 100% share of total exports.

From 2014 to 2018, the average annual growth rate of volume to Paraguay was relatively modest.

From 2014 to 2018, the average annual rate of growth in terms of value to Paraguay was relatively modest.

Export Prices by Country

The average cellulose fibrecement sheet export price stood at $X per ton in 2018, flattening at the previous year. Overall, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2015 a decrease of -79.3%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2018, the export prices failed to regain momentum.

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

From 2014 to 2018, the rate of growth in terms of prices for Paraguay amounted to 0.0% per year.

Cellulose Fibrecement Sheet Imports

Imports into Uruguay

In 2022, after two years of growth, there was significant decline in overseas purchases of sheets, panels and tiles of cellulose fibrecement, when their volume decreased by -5.5% to X tons. Overall, total imports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +25.4% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 43% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, cellulose fibrecement sheet imports rose significantly to $X in 2022. In general, total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.5% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 54% against the previous year. As a result, imports reached the peak of $X; afterwards, it flattened through to 2022.

Imports by Country

In 2022, Argentina (X tons) constituted the largest cellulose fibrecement sheet supplier to Uruguay, with a 53% share of total imports. Moreover, cellulose fibrecement sheet imports from Argentina exceeded the figures recorded by the second-largest supplier, Brazil (X tons), twofold. Costa Rica (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Argentina amounted to +14.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-2.2% per year) and Costa Rica (+10.0% per year).

In value terms, Argentina ($X) constituted the largest supplier of sheets, panels and tiles of cellulose fibrecement to Uruguay, comprising 46% of total imports. The second position in the ranking was taken by Brazil ($X), with a 19% share of total imports. It was followed by Costa Rica, with a 16% share.

From 2012 to 2022, the average annual growth rate of value from Argentina stood at +14.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-1.4% per year) and Costa Rica (+14.3% per year).

Import Prices by Country

In 2022, the average cellulose fibrecement sheet import price amounted to $X per ton, rising by 17% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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