Report Update Nov 1, 2024

Uruguay - Tapioca and Substitutes - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Tapioca And Substitutes Market 2024

Tapioca And Substitutes Market Size in Uruguay

In 2021, the Uruguayan tapioca and substitutes market decreased by -53.1% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption recorded a abrupt descent. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Tapioca And Substitutes Exports

Exports from Uruguay

In 2019, the amount of tapioca and substitutes exported from Uruguay totaled X kg, approximately mirroring the year before. In general, exports recorded a relatively flat trend pattern. The exports peaked in 2019 and are likely to see gradual growth in the near future.

In value terms, tapioca and substitutes exports stood at $X in 2019. Over the period under review, exports showed a relatively flat trend pattern. Over the period under review, the exports hit record highs in 2019 and are expected to retain growth in years to come.

Exports by Country

Brazil (X kg) was the main destination for tapioca and substitutes exports from Uruguay, accounting for a approx. 100% share of total exports.

From 2015 to 2019, the average annual growth rate of volume to Brazil was relatively modest.

From 2015 to 2019, the average annual rate of growth in terms of value to Brazil was relatively modest.

Tapioca And Substitutes Imports

Imports into Uruguay

In 2021, overseas purchases of tapioca and substitutes decreased by -63.3% to X tons, falling for the second year in a row after two years of growth. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2015 when imports increased by 1,165% against the previous year. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, tapioca and substitutes imports plummeted to $X in 2021. Overall, imports showed a deep contraction. The most prominent rate of growth was recorded in 2015 with an increase of 1,577%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Taiwan (Chinese) (X tons), Spain (X tons) and Brazil (X tons) were the main suppliers of tapioca and substitutes imports to Uruguay.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +6.2%), while imports for the other leaders experienced a decline.

In value terms, Spain ($X) constituted the largest supplier of tapioca and substitutes to Uruguay, comprising 82% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with an 11% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Spain totaled +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-11.5% per year) and Brazil (-24.4% per year).

Import Prices by Country

The average tapioca and substitutes import price stood at $X per ton in 2021, increasing by 49% against the previous year. Over the period under review, the import price recorded a prominent expansion. The most prominent rate of growth was recorded in 2014 an increase of 53% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 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 Spain ($X per ton), while the price for Brazil ($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 (-1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tapioca and substitutes in the world?

The countries with the highest volumes of tapioca and substitutes consumption in 2021 were Taiwan Chinese), the United States and Malaysia, together accounting for 44% of global consumption. These countries were followed by Bangladesh, Australia, Canada, the Philippines, Thailand, Nigeria, Hong Kong SAR, South Korea, the Netherlands and Pakistan, which together accounted for a further 31%.

What are the largest producers of tapioca and substitutes in the world?

The countries with the highest volumes of tapioca and substitutes production in 2021 were Thailand, Taiwan Chinese) and Cote d'Ivoire, with a combined 87% share of global production.

What are the leading suppliers of tapioca and substitutes to Uruguay?

In value terms, Spain constituted the largest supplier of tapioca and substitutes to Uruguay, comprising 75% of total imports. The second position in the ranking was occupied by Brazil, with a 16% share of total imports.

What is the average export price for tapioca and substitutes in Uruguay?

In 2019, the average tapioca and substitutes export price amounted to $1,807 per ton, flattening at the previous year.

What is the average import price for tapioca and substitutes in Uruguay?

In 2021, the average tapioca and substitutes import price amounted to $1,587 per ton, with an increase of 186% against the previous year.

This report provides an in-depth analysis of the tapioca and substitutes 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 10621200 - Tapioca and substitutes therefor prepared from starch, in the form of flakes, grains, pearls, siftings or similar forms

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