Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Uruguay - 2022

Contents:

1. Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Uruguay (CIF) - 2022
2. Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Uruguay (FOB) - 2022
3. Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Uruguay
4. Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Uruguay

Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Uruguay (CIF) - 2022

In 2022, the average import price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $2,982 per ton, surging by 17% against the previous year. Over the period under review, the import price, however, saw a perceptible descent. Over the period under review, average import prices reached the maximum at $3,949 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($3,449 per ton), while the price for Argentina ($2,622 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.3%), while the prices for the other major suppliers experienced a decline.

Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Uruguay (FOB) - 2022

In 2022, the average export price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $9,577 per ton, approximately equating the previous year. Over the period under review, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for paints and varnishes, based on polyesters, non-aqueous medium increased by +6.8% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 93% against the previous year. As a result, the export price reached the peak level of $13,474 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +1.2% per year.

Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Uruguay

In 2022, after three years of growth, there was significant decline in supplies from abroad of paints and varnishes, based on polyesters, non-aqueous medium, when their volume decreased by -7.2% to 1.7K tons. The total import volume increased at an average annual rate of +10.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 25% against the previous year.

In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium rose sharply to $5M in 2022. The total import value increased at an average annual rate of +13.4% 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 2021 with an increase of 22%. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to Uruguay in 2022:

1. Argentina (938.6 tons)
2. Brazil (545.6 tons)
3. China (148.3 tons)

Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Uruguay

In 2022, after three years of growth, there was significant decline in shipments abroad of paints and varnishes, based on polyesters, non-aqueous medium, when their volume decreased by -42.4% to 28 tons. In general, exports recorded a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, the exports reached the peak of 49 tons, and then contracted significantly in the following year.

In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium fell remarkably to $268K in 2022. Overall, exports showed a pronounced reduction. The growth pace was the most rapid in 2021 when exports increased by 43% against the previous year. As a result, the exports attained the peak of $464K, and then reduced dramatically in the following year.

Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from Uruguay in 2022:

1. Chile (28.0 tons)

Source: IndexBox Market Intelligence Platform