Uruguay - Synthetic Organic Coloring Matter And Pigments - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Uruguay - Synthetic Organic Coloring Matter And Pigments - Market Analysis, Forecast, Size, Trends and Insights

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Organic Pigments Price in Uruguay - 2022

Contents:

  1. Organic Pigments Price in Uruguay (CIF) - 2022
  2. Organic Pigments Price in Uruguay (FOB) - 2022
  3. Organic Pigments Imports in Uruguay
  4. Organic Pigments Exports in Uruguay

Organic Pigments Price in Uruguay (CIF) - 2022

In 2022, the average organic pigments import price amounted to $9,368 per ton, surging by 17% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The growth pace was the most rapid in 2014 when the average import price increased by 33%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($21,309 per ton), while the price for Argentina ($2,682 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Organic Pigments Price in Uruguay (FOB) - 2022

The average organic pigments export price stood at $9,648 per ton in 2022, with an increase of 15% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $9,868 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 ($12,187 per ton), while the average price for exports to South Africa ($5,927 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 Mexico (+0.9%), while the prices for the other major destinations experienced mixed trend patterns.

Organic Pigments Imports in Uruguay

In 2022, imports of synthetic organic coloring matter and pigments into Uruguay soared to 1.6K tons, jumping by 21% on the previous year's figure. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +19.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.4% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 58% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, organic pigments imports surged to $15M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.4% 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 +88.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 48% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Organic Pigments in Uruguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.11.91.73.952.5%
India1.42.02.22.724.5%
Brazil1.22.31.62.426.0%
Germany1.01.31.22.128.1%
Argentina0.51.20.70.921.6%
Spain0.60.50.70.810.1%
United States1.11.31.30.7-14.0%
Others0.91.11.01.210.1%
Total7.811.610.414.723.5%

Top Suppliers of Organic Pigments to Uruguay in 2022:

  1. China (372.6 tons)
  2. Argentina (318.8 tons)
  3. India (291.9 tons)
  4. Brazil (256.8 tons)
  5. Spain (103.0 tons)
  6. Germany (99.6 tons)
  7. United States (50.4 tons)

Organic Pigments Exports in Uruguay

In 2022, shipments abroad of synthetic organic coloring matter and pigments decreased by -10.1% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. As a result, the exports attained the peak of 1.2K tons, and then contracted in the following year.

In value terms, organic pigments exports rose to $10M in 2022. The total export value increased at an average annual rate of +10.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Export of Organic Pigments in Uruguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil2.92.73.45.019.9%
Argentina1.42.33.02.012.6%
Mexico1.11.11.41.48.4%
Peru1.10.80.90.9-6.5%
Chile0.60.40.80.4-12.6%
EcuadorN/AN/AN/A0.20%
South Africa0.40.20.10.1-37.0%
Others0.10.20.30.226.0%
Total7.67.79.910.210.3%

Top Export Markets for Organic Pigments from Uruguay in 2022:

  1. Brazil (528.5 tons)
  2. Argentina (162.5 tons)
  3. Mexico (139.0 tons)
  4. Peru (116.0 tons)
  5. Chile (47.2 tons)
  6. Ecuador (17.8 tons)
  7. South Africa (15.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the organic pigments 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 20122110 - Disperse dyes and preparations based thereon
  • Prodcom 20122120 - Acid and mordant dyes and preparations based thereon
  • Prodcom 20122130 - Basic dyes and preparations based thereon
  • Prodcom 20122140 - Direct dyes and preparations based thereon
  • Prodcom 20122150 - Other synthetic organic colouring matters
  • Prodcom 20122160 - Synthetic organic products used as fluorescent brightening agents
  • Prodcom 20122170 - Colour lakes, preparations based on colour lakes

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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