Uruguay - Essential Oils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEssential Oils Price in Uruguay - 2022
Contents:
- Essential Oils Price in Uruguay (FOB) - 2022
- Essential Oils Price in Uruguay (CIF) - 2022
- Essential Oils Exports in Uruguay
- Essential Oils Imports in Uruguay
Essential Oils Price in Uruguay (FOB) - 2022
The average essential oils export price stood at $35,750 per ton in 2022, increasing by 8.8% against the previous year. Overall, the export price showed a strong increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 52%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($48,420 per ton), while the average price for exports to Brazil ($4,811 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 Israel (+15.0%), while the prices for the other major destinations experienced mixed trend patterns.
Essential Oils Price in Uruguay (CIF) - 2022
The average essential oils import price stood at $14,246 per ton in 2022, shrinking by -50% against the previous year. Overall, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 an increase of 41%. The import price peaked at $31,118 per ton in 2014; however, from 2015 to 2022, 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 the Netherlands ($57,725 per ton), while the price for Paraguay ($1,750 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Essential Oils Exports in Uruguay
In 2022, the amount of essential oils exported from Uruguay skyrocketed to 294 tons, growing by 37% compared with the previous year. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +26.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +103.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 64% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, essential oils exports skyrocketed to $11M in 2022. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 53%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.
Export of Essential Oils in Uruguay (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | N/A | 0.9 | 4.6 | 5.5 | 147.2% |
United States | 3.2 | 2.7 | 2.3 | 4.5 | 12.0% |
Free Zones | N/A | 0.7 | N/A | 0.2 | -46.5% |
Mexico | N/A | N/A | N/A | 0.1 | 0% |
France | N/A | N/A | N/A | 0.1 | 0% |
Germany | N/A | 0.4 | N/A | 0.1 | -50.0% |
Spain | N/A | 0.1 | N/A | N/A | 0% |
Bangladesh | 0.1 | N/A | N/A | N/A | 0% |
Netherlands | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
Brazil | N/A | N/A | N/A | N/A | 0% |
Others | N/A | 0.4 | N/A | N/A | 0% |
Total | 3.4 | 5.3 | 7.1 | 10.5 | 45.6% |
Top Export Markets for Essential Oils from Uruguay in 2022:
- United States (125.9 tons)
- Ireland (113.5 tons)
- Mexico (16.5 tons)
- Germany (14.9 tons)
- Free Zones (9.1 tons)
- France (5.8 tons)
- Brazil (4.4 tons)
Essential Oils Imports in Uruguay
In 2022, purchases abroad of essential oils decreased by -93.6% to 33 tons, falling for the second year in a row after two years of growth. Overall, imports showed a sharp slump. The most prominent rate of growth was recorded in 2020 with an increase of 65% against the previous year. As a result, imports reached the peak of 546 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, essential oils imports dropped significantly to $473K in 2022. In general, imports showed a sharp setback. The most prominent rate of growth was recorded in 2020 when imports increased by 76%.
Import of Essential Oils in Uruguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 12.6 | 18.8 | 5.3 | 252 | 171.4% |
Netherlands | 156 | 268 | 173 | 62.5 | -26.3% |
United States | 1,560 | 3,243 | 3,927 | 37.8 | -71.1% |
China | N/A | N/A | N/A | 20.4 | 0% |
Spain | 28.5 | 404 | 27.1 | 17.1 | -15.7% |
India | 0.8 | 2.8 | 3.0 | 11.8 | 145.2% |
Germany | 1,496 | 944 | 1,842 | 8.1 | -82.4% |
United Kingdom | 490 | 786 | 2,386 | 6.4 | -76.4% |
Indonesia | N/A | N/A | 256 | 4.7 | -98.2% |
Paraguay | 8.5 | 16.5 | 6.7 | 3.8 | -23.5% |
Mexico | N/A | 2,949 | 1,680 | N/A | -43.0% |
Pakistan | 58.3 | 124 | 302 | N/A | 127.6% |
Others | 2,489 | 2,313 | 4,104 | 48.7 | -73.1% |
Total | 6,299 | 11,069 | 14,712 | 473 | -57.8% |
Top Suppliers of Essential Oils to Uruguay in 2022:
- Argentina (19.9 tons)
- Spain (3.0 tons)
- United States (2.1 tons)
- Paraguay (2.1 tons)
- China (1.3 tons)
- Netherlands (1.1 tons)
- India (1.1 tons)
- Indonesia (0.5 tons)
- United Kingdom (0.2 tons)
- Germany (0.2 tons)
This report provides an in-depth analysis of the essential oils 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 20531020 - Essential oils
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
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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
This report provides an in-depth analysis of the essential oils market in Uruguay.
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This report provides an in-depth analysis of the global essential oils market.
This report provides an in-depth analysis of the global resinoids market.
This report provides an in-depth analysis of the essential oils market in Uruguay.
This report provides an in-depth analysis of the resinoids market in Uruguay.
This report provides an in-depth analysis of the global essential oils market.
This report provides an in-depth analysis of the global resinoids market.
Discover the leading import markets for essential oils worldwide, including key statistics and insights. Explore the demand, trends, and opportunities in the billion-dollar industry.
In value terms, essential oils imports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over t...
In value terms, essential oils exports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over th...
Discover the leading import markets for essential oils worldwide, including key statistics and insights. Explore the demand, trends, and opportunities in the billion-dollar industry.
In value terms, essential oils imports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over t...
In value terms, essential oils exports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over th...