Uruguay - Primary Polyethylene with a Specific Gravity of over 0,94 - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPolyethylene Price in Uruguay - 2022
Contents:
- Polyethylene Price in Uruguay (CIF) - 2022
- Polyethylene Price in Uruguay (FOB) - 2022
- Polyethylene Imports in Uruguay
- Polyethylene Exports in Uruguay
Polyethylene Price in Uruguay (CIF) - 2022
In 2022, the average polyethylene import price amounted to $1,664 per ton, shrinking by -1.9% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 66%. As a result, import price attained the peak level of $1,696 per ton, and then contracted modestly in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Thailand ($1,941 per ton) and Saudi Arabia ($1,894 per ton), while the price for Italy ($1,428 per ton) and the United States ($1,474 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Polyethylene Price in Uruguay (FOB) - 2022
In 2022, the average polyethylene export price amounted to $853 per ton, surging by 9.3% against the previous year. In general, the export price, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 29% against the previous year. The export price peaked at $2,056 per ton in 2012; however, from 2013 to 2022, 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 Argentina ($1,349 per ton), while the average price for exports to Chile ($592 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+380.5%), while the prices for the other major destinations experienced a decline.
Polyethylene Imports in Uruguay
In 2022, approx. 14K tons of polyethylene with a specific gravity of more then 0,94, in primary forms were imported into Uruguay; picking up by 17% compared with the previous year's figure. The total import volume increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 42% against the previous year. As a result, imports reached the peak of 16K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, polyethylene imports expanded remarkably to $24M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.4% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 31% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
Import of Polyethylene in Uruguay (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 4.5 | 3.1 | 4.7 | 7.6 | 19.1% |
United States | 2.8 | 3.6 | 3.4 | 5.7 | 26.7% |
Argentina | 0.9 | 1.7 | 2.0 | 2.1 | 32.6% |
Saudi Arabia | 1.0 | 1.2 | 1.7 | 1.8 | 21.6% |
Thailand | 1.0 | 0.4 | 0.8 | 1.8 | 21.6% |
South Korea | 0.3 | 0.3 | 0.7 | 1.3 | 63.0% |
Italy | N/A | N/A | 0.1 | 0.9 | 800.0% |
Others | 2.1 | 5.5 | 7.5 | 2.7 | 8.7% |
Total | 12.7 | 15.9 | 20.9 | 23.9 | 23.5% |
Top Suppliers of Polyethylene to Uruguay in 2022:
- Brazil (4.5K tons)
- United States (3.9K tons)
- Argentina (1.3K tons)
- Saudi Arabia (0.9K tons)
- Thailand (0.9K tons)
- South Korea (0.7K tons)
- Italy (0.6K tons)
Polyethylene Exports in Uruguay
For the third year in a row, Uruguay recorded decline in shipments abroad of polyethylene with a specific gravity of more then 0,94, in primary forms, which decreased by -81.7% to 9.1 tons in 2022. In general, exports continue to indicate a sharp downturn. The smallest decline of -26.2% was in 2020.
In value terms, polyethylene exports contracted significantly to $7.8K in 2022. Over the period under review, exports showed a precipitous slump. The smallest decline of -51.6% was in 2020.
Export of Polyethylene in Uruguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 26.5 | 8.4 | 1.0 | 3.9 | -47.2% |
Chile | 40.9 | 22.3 | 4.5 | 3.5 | -55.9% |
Austria | N/A | N/A | N/A | 0.4 | 0% |
Hong Kong SAR | N/A | 14.2 | N/A | N/A | 0% |
South Korea | N/A | 8.6 | N/A | N/A | 0% |
Paraguay | 76.3 | 7.6 | 3.5 | N/A | -78.6% |
Colombia | 170 | 107 | 24.5 | N/A | -62.0% |
Malaysia | 6.1 | 2.6 | 0.4 | N/A | -74.4% |
India | N/A | 3.5 | N/A | N/A | 0% |
Turkey | 37.8 | N/A | N/A | N/A | 0% |
Others | 5.1 | 1.3 | 5.0 | N/A | -1.0% |
Total | 363 | 175 | 39.0 | 7.8 | -72.2% |
Top Export Markets for Polyethylene from Uruguay in 2022:
- Chile (5.9 tons)
- Argentina (2.9 tons)
- Austria (0.3 tons)
This report provides an in-depth analysis of the polyethylene 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 20161050 - Polyethylene having a specific gravity of . 0,94, in primary 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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