Uruguay: Toothpaste Market 2024

Toothpaste Market Size in Uruguay

In 2021, the Uruguayan toothpaste market increased by 76% to $X, rising for the second consecutive year after two years of decline. In general, the total consumption indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.0% 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 +94.9% against 2019 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Toothpaste Exports

Exports from Uruguay

In 2021, overseas shipments of toothpaste, denture cleaners and other dentifrices increased by 621% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, toothpaste exports skyrocketed to $X in 2021. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for toothpaste exports from Uruguay, with a 87% share of total exports. Moreover, toothpaste exports to the United States exceeded the volume sent to the second major destination, Argentina (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+28.4% per year) and Paraguay (+24.0% per year).

In value terms, the United States ($X) emerged as the key foreign market for toothpaste, denture cleaners and other dentifrices exports from Uruguay, comprising 92% of total exports. The second position in the ranking was taken by Argentina ($X), with a 5% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+27.5% per year) and Paraguay (+16.0% per year).

Export Prices by Country

The average toothpaste export price stood at $X per ton in 2021, rising by 140% against the previous year. In general, the export price, however, recorded a mild curtailment. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Paraguay ($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 Argentina (-0.7%).

Toothpaste Imports

Imports into Uruguay

In 2021, purchases abroad of toothpaste, denture cleaners and other dentifrices increased by 47% to X tons, rising for the second consecutive year after two years of decline. Overall, total imports indicated a modest expansion from 2012 to 2021: its volume increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +65.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, toothpaste imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +103.9% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Brazil (X tons) constituted the largest toothpaste supplier to Uruguay, accounting for a 41% share of total imports. Moreover, toothpaste imports from Brazil exceeded the figures recorded by the second-largest supplier, Mexico (X tons), threefold. Poland (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Brazil amounted to -1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+10.8% per year) and Poland (+9.2% per year).

In value terms, the largest toothpaste suppliers to Uruguay were Brazil ($X), Poland ($X) and Mexico ($X), with a combined 60% share of total imports.

Among the main suppliers, Mexico, with a CAGR of +16.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average toothpaste import price stood at $X per ton in 2021, picking up by 27% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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