Uruguay: Textile Wadding Market 2025

Textile Wadding Market Size in Uruguay

The Uruguayan textile wadding market skyrocketed to $X in 2022, picking up by 20% against the previous year. Over the period under review, consumption posted a slight increase. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Textile Wadding Production in Uruguay

In value terms, textile wadding production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when the production volume increased by 8.1% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Textile Wadding Exports

Exports from Uruguay

In 2022, after two years of growth, there was significant decline in overseas shipments of wadding of textile materials and articles thereof, when their volume decreased by -47.6% to X tons. Overall, exports, however, enjoyed mild growth. The most prominent rate of growth was recorded in 2014 when exports increased by 253% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, textile wadding exports shrank notably to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by 284% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

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

From 2012 to 2022, the average annual growth rate of volume to Paraguay stood at +3.7%.

In value terms, Paraguay ($X) also remains the key foreign market for wadding of textile materials and articles thereof exports from Uruguay.

From 2012 to 2022, the average annual growth rate of value to Paraguay stood at +1.4%.

Export Prices by Country

In 2022, the average textile wadding export price amounted to $X per ton, dropping by -15.1% against the previous year. Overall, the export price recorded a pronounced setback. The pace of growth was the most pronounced in 2018 when the average export price increased by 59% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +8.7% per year.

Textile Wadding Imports

Imports into Uruguay

In 2022, textile wadding imports into Uruguay fell slightly to X tons, remaining relatively unchanged against the previous year. In general, total imports indicated modest growth from 2012 to 2022: its volume increased at an average annual rate of +1.2% 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 +75.2% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 76% against the previous year. As a result, imports attained the peak of X tons, leveling off in the following year.

In value terms, textile wadding imports surged to $X in 2022. Overall, imports, however, posted a notable increase. The pace of growth was the most pronounced in 2021 when imports increased by 115% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Paraguay (X tons) constituted the largest supplier of textile wadding to Uruguay, accounting for a 62% share of total imports. Moreover, textile wadding imports from Paraguay exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. Argentina (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Paraguay was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.9% per year) and Argentina (+13.7% per year).

In value terms, Paraguay ($X) constituted the largest supplier of wadding of textile materials and articles thereof to Uruguay, comprising 70% of total imports. The second position in the ranking was held by Brazil ($X), with a 9.7% share of total imports. It was followed by China, with a 7.5% share.

From 2012 to 2022, the average annual growth rate of value from Paraguay stood at +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+2.3% per year) and China (+17.5% per year).

Import Prices by Country

The average textile wadding import price stood at $X per ton in 2022, growing by 20% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, textile wadding import price increased by +46.8% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 22% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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