Report Update Nov 1, 2024

Uruguay - Sugars, Sugar Ethers and Salts - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Uruguay: Sugars Market 2024

Sugars Market Size in Uruguay

In 2021, the Uruguayan sugars market decreased by -31.2% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption showed a pronounced contraction. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Sugars Exports

Exports from Uruguay

In 2021, the amount of sugars, sugar ethers and salts exported from Uruguay reduced modestly to X tons, approximately reflecting the year before. Overall, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 527%. As a result, the exports reached the peak of X tons, leveling off in the following year.

In value terms, sugars exports fell to $X in 2021. Over the period under review, exports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2020 when exports increased by 295% against the previous year. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

Pakistan (X kg), Japan (X kg) and Germany (X kg) were the main destinations of sugars exports from Uruguay, together accounting for 85% of total exports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +68.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Pakistan ($X) emerged as the key foreign market for sugars, sugar ethers and salts exports from Uruguay, comprising 50% of total exports. The second position in the ranking was held by Paraguay ($X), with a 12% share of total exports. It was followed by Japan, with a 10% share.

From 2012 to 2021, the average annual growth rate of value to Pakistan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+26.2% per year) and Japan (-6.4% per year).

Export Prices by Country

The average sugars export price stood at $X per ton in 2021, which is down by -4.9% against the previous year. In general, the export price showed a abrupt slump. The pace of growth appeared the most rapid in 2018 an increase of 75%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while the average price for exports to Poland ($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 the Philippines (+9.8%), while the prices for the other major destinations experienced a decline.

Sugars Imports

Imports into Uruguay

In 2021, supplies from abroad of sugars, sugar ethers and salts decreased by -13.3% to X tons, falling for the second consecutive year after two years of growth. Overall, imports, however, enjoyed a noticeable increase. The growth pace was the most rapid in 2019 when imports increased by 179%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, sugars imports reduced dramatically to $X in 2021. In general, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2019 when imports increased by 156% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of sugars to Uruguay, accounting for a 22% share of total imports. Moreover, sugars imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. The third position in this ranking was taken by Japan (X tons), with a 7.8% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to -1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+5.5% per year) and Japan (-7.2% per year).

In value terms, Japan ($X) constituted the largest supplier of sugars, sugar ethers and salts to Uruguay, comprising 37% of total imports. The second position in the ranking was taken by Germany ($X), with a 16% share of total imports. It was followed by the Netherlands, with a 5.9% share.

From 2012 to 2021, the average annual growth rate of value from Japan stood at -8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1.8% per year) and the Netherlands (+5.8% per year).

Import Prices by Country

The average sugars import price stood at $X per ton in 2021, with a decrease of -35.4% against the previous year. Over the period under review, the import price recorded a abrupt slump. The growth pace was the most rapid in 2016 when the average import price increased by 20%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sugars, sugar ethers and salts in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 41% share of global consumption. These countries were followed by Japan, Brazil, Spain, Germany, Switzerland, Indonesia, Poland, Russia, the Philippines and South Korea, which together accounted for a further 29%.

What are the largest producers of sugars, sugar ethers and salts in the world?

The countries with the highest volumes of in 2021 were China, Germany and the United States, with a combined 49% share of global production. Thailand, India, Indonesia, France, Austria, Brazil, South Africa, the Philippines and the UK lagged somewhat behind, together accounting for a further 39%.

What are the leading suppliers of sugars, sugar ethers and salts to Uruguay?

In value terms, Germany, the United States and China constituted the largest sugars suppliers to Uruguay, with a combined 81% share of total imports. France, the Netherlands and Argentina lagged somewhat behind, together accounting for a further 8.4%.

What are the leading importers of sugars, sugar ethers and salts from Uruguay?

In value terms, Pakistan emerged as the key foreign market for sugars exports from Uruguay, comprising 64% of total exports. The second position in the ranking was occupied by Paraguay, with a 16% share of total exports. It was followed by Germany, with a 12% share.

What is the average export price for sugars, sugar ethers and salts in Uruguay?

In 2021, the average sugars export price amounted to $6,840 per ton, which is down by -31.9% against the previous year.

What is the average import price for sugars, sugar ethers and salts in Uruguay?

In 2021, the average sugars import price amounted to $5,570 per ton, rising by 4.7% against the previous year.

This report provides an in-depth analysis of the sugars 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 21104000 - Sugars, pure (excluding glucose, etc.), sugar ethers and salts, etc.

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
Find deeper insights into current market developments
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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023