Uruguay: Technical Textiles Market 2025

Technical Textiles Market Size in Uruguay

In 2021, after two years of growth, there was decline in the Uruguayan technical textiles market, when its value decreased by -4.7% to $X. Overall, the total consumption indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +42.6% against 2018 indices. Technical textiles consumption peaked at $X in 2020, and then reduced slightly in the following year.

Technical Textiles Production in Uruguay

In value terms, technical textiles production dropped to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 38%. Over the period under review, production hit record highs at $X in 2020, and then reduced in the following year.

Technical Textiles Exports

Exports from Uruguay

In 2021, approx. X kg of textile products and articles for technical uses were exported from Uruguay; which is down by -81.2% compared with the previous year's figure. Overall, exports continue to indicate a perceptible decline. The pace of growth was the most pronounced in 2020 when exports increased by 1,073%. As a result, the exports attained the peak of X tons, and then contracted remarkably in the following year.

In value terms, technical textiles exports reduced remarkably to $X in 2021. Over the period under review, exports, however, showed a mild increase. The most prominent rate of growth was recorded in 2020 when exports increased by 216%. As a result, the exports attained the peak of $X, and then dropped sharply in the following year.

Exports by Country

Paraguay (X kg), Venezuela (X kg) and Argentina (X kg) were the main destinations of technical textiles exports from Uruguay, together accounting for 77% of total exports. These countries were followed by El Salvador, Serbia, Free Zones, Slovenia and Brazil, which together accounted for a further 17%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Serbia (with a CAGR of +29.2%), while the other leaders experienced more modest paces of growth.

In value terms, Paraguay ($X), Venezuela ($X) and El Salvador ($X) constituted the largest markets for technical textiles exported from Uruguay worldwide, with a combined 49% share of total exports. Argentina, Serbia, Free Zones, Slovenia and Brazil lagged somewhat behind, together accounting for a further 11%.

Argentina, with a CAGR of +94.3%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average technical textiles export price amounted to $X per ton, jumping by 128% against the previous year. In general, the export price saw a resilient expansion. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($X per ton), while the average price for exports to Argentina ($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 Free Zones (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Technical Textiles Imports

Imports into Uruguay

In 2021, supplies from abroad of textile products and articles for technical uses increased by 11% to X tons, rising for the fifth year in a row after two years of decline. Overall, total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +63.1% against 2016 indices. The pace of growth was the most pronounced in 2014 with an increase of 25%. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, technical textiles imports expanded slightly to $X in 2021. Over the period under review, imports, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2019 with an increase of 16% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest technical textiles supplier to Uruguay, with a 44% share of total imports. Moreover, technical textiles imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X tons), sixfold. The third position in this ranking was taken by Argentina (X tons), with a 7.2% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +21.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-0.1% per year) and Argentina (-9.0% per year).

In value terms, the largest technical textiles suppliers to Uruguay were Romania ($X), China ($X) and Brazil ($X), together accounting for 34% of total imports.

Romania, with a CAGR of +60.0%, recorded the highest rates of growth with regard to 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

The average technical textiles import price stood at $X per ton in 2021, which is down by -5.5% against the previous year. In general, the import price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2015 an increase of 8.4% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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