Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Uruguay - 2023

Contents:

  1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Uruguay (CIF) - 2022
  2. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Uruguay (FOB) - 2022
  3. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Uruguay
  4. Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Uruguay

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Uruguay (CIF) - 2022

The average import price for balances; of a sensitivity of 5cg or better, with or without weightses stood at $156,623 per ton in 2022, with an increase of 38% against the previous year. Overall, the import price recorded buoyant growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 197%. As a result, import price reached the peak level of $208,602 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($1,038,475 per ton), while the price for Hong Kong SAR ($18,981 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Uruguay (FOB) - 2022

In 2022, the average export price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $272,858 per ton, with an increase of 82% against the previous year. Overall, the export price saw significant growth. The most prominent rate of growth was recorded in 2021 an increase of 140%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

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

From 2016 to 2022, the rate of growth in terms of prices for Chile amounted to +12.9% per year.

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Uruguay

Imports of balances; of a sensitivity of 5cg or better, with or without weightses into Uruguay surged to 2 tons in 2022, with an increase of 31% on the previous year's figure. The total import volume increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses skyrocketed to $280K in 2022. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland15.414.814.910589.6%
China56.236.747.954.1-1.3%
United States3.52.620.728.0100.0%
Germany40.043.648.826.0-13.4%
Poland5.816.04.817.043.1%
Japan11.316.425.116.814.1%
South Korea1.55.51.24.443.1%
SpainN/AN/AN/A2.60%
Hong Kong SARN/AN/AN/A1.00%
Others6.03.112.524.860.5%
Total14013917628026.0%

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Uruguay in 2022:

  1. China (934.0 kg)
  2. United States (317.0 kg)
  3. Poland (211.0 kg)
  4. Germany (136.0 kg)
  5. Switzerland (101.0 kg)
  6. Spain (75.0 kg)
  7. Japan (53.0 kg)
  8. Hong Kong SAR (53.0 kg)
  9. South Korea (49.0 kg)

Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Uruguay

In 2022, overseas shipments of balances; of a sensitivity of 5cg or better, with or without weightses decreased by -46.3% to 189 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a precipitous contraction. The pace of growth was the most pronounced in 2020 when exports increased by 36%. As a result, the exports reached the peak of 2 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses declined modestly to $52K in 2022. In general, exports saw a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 49%. As a result, the exports attained the peak of $123K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile0.928.152.751.7285.8%
AngolaN/A3.9N/AN/A0%
Brazil81.790.9N/AN/A11.3%
OthersN/AN/AN/AN/A0%
Total82.712352.751.7-14.5%

Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from Uruguay in 2022:

  1. Chile (189.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Balances; of a sensitivity of 5cg or better, with or without weights - Uruguay