Price for Mineral Substances Not Elsewhere Specified or Included in Uruguay - 2022

Contents:

  1. Price for Mineral Substances Not Elsewhere Specified or Included in Uruguay (CIF) - 2022
  2. Price for Mineral Substances Not Elsewhere Specified or Included in Uruguay (FOB) - 2022
  3. Imports of Mineral Substances Not Elsewhere Specified or Included in Uruguay
  4. Exports of Mineral Substances Not Elsewhere Specified or Included in Uruguay

Price for Mineral Substances Not Elsewhere Specified or Included in Uruguay (CIF) - 2022

In 2022, the average import price for mineral substances not elsewhere specified or includeds amounted to $289 per ton, growing by 7.5% against the previous year. Overall, the import price, however, recorded a slight descent. The pace of growth was the most pronounced in 2016 an increase of 20%. Over the period under review, average import prices reached the peak figure at $326 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($314 per ton), while the price for France ($276 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mineral Substances Not Elsewhere Specified or Included in Uruguay (FOB) - 2022

The average export price for mineral substances not elsewhere specified or includeds stood at $167 per ton in 2022, shrinking by -82.4% against the previous year. Over the period under review, the export price faced a dramatic setback. The most prominent rate of growth was recorded in 2018 an increase of 212% against the previous year. Over the period under review, the average export prices hit record highs at $6,070 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5,000 per ton), while the average price for exports to Peru totaled $159 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+11.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Mineral Substances Not Elsewhere Specified or Included in Uruguay

Imports of mineral substances not elsewhere specified or includeds into Uruguay surged to 1.3K tons in 2022, with an increase of 65% compared with the year before. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of mineral substances not elsewhere specified or includeds soared to $372K in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +18.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Mineral Substances Not Elsewhere Specified or Included in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France58.211757.329872.4%
Brazil44.131.821.560.511.1%
Canada4.65.36.20.1-72.1%
Belgium5.95.25.0N/A-7.9%
Others11116412013.4-50.6%
Total22432321037218.4%

Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Uruguay in 2022:

  1. France (1079.4 tons)
  2. Brazil (196.8 tons)
  3. Canada (0.3 tons)

Exports of Mineral Substances Not Elsewhere Specified or Included in Uruguay

In 2022, the amount of mineral substances not elsewhere specified or includeds exported from Uruguay skyrocketed to 3.7 tons, rising by 118% compared with the previous year. In general, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 348% against the previous year. As a result, the exports reached the peak of 5.9 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of mineral substances not elsewhere specified or includeds declined remarkably to $616 in 2022. Overall, exports, however, continue to indicate a sharp slump. The smallest decline of -23.1% was in 2020.

Export of Mineral Substances Not Elsewhere Specified or Included in Uruguay (USD)
COUNTRY2019202020212022CAGR,
2019-2022
PeruN/AN/A4.058614550.0%
United States1,7424.083530.0-74.2%
Japan2831,487526N/A36.3%
China1,067813158N/A-61.5%
Canada23.067.04.0N/A-58.3%
Others40933876.0N/A-56.9%
Total3,5242,7091,603616-44.1%

Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Uruguay in 2022:

  1. Peru (3.7 tons)

Source: IndexBox Market Intelligence Platform

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