Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uruguay - 2023

Contents:

  1. Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uruguay (CIF) - 2022
  2. Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uruguay (FOB) - 2022
  3. Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uruguay
  4. Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uruguay

Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uruguay (CIF) - 2022

In 2022, the average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $2,508 per ton, growing by 4.6% against the previous year. In general, the import price, however, continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2021 an increase of 22% against the previous year. Over the period under review, average import prices reached the maximum at $2,759 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($3,451 per ton), while the price for China ($2,008 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uruguay (FOB) - 2022

In 2022, the average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $2,978 per ton, growing by 6.2% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 29% against the previous year. Over the period under review, the average export prices hit record highs at $3,021 per ton in 2013; afterwards, it flattened through to 2022.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($2,987 per ton), while the average price for exports to Argentina stood at $2,973 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+0.5%).

Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uruguay

In 2022, the amount of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) imported into Uruguay expanded to 2K tons, with an increase of 3.5% on the previous year. The total import volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) totaled $4.9M in 2022. The total import value increased at an average annual rate of +9.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 22%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,2771,1021,5611,97515.6%
Argentina5819661,0501,29030.5%
Brazil5266998345803.3%
Mexico3172933194018.2%
United States2222641922382.3%
BelgiumN/AN/AN/A78.50%
Russia99.1130109N/A4.9%
Others687258462342-20.7%
Total3,7103,7124,5284,9049.7%

Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Uruguay in 2022:

  1. China (983.3 tons)
  2. Argentina (471.1 tons)
  3. Brazil (168.1 tons)
  4. Mexico (164.3 tons)
  5. United States (76.6 tons)
  6. Belgium (32.2 tons)

Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uruguay

In 2022, after two years of decline, there was significant growth in shipments abroad of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics), when their volume increased by 96% to 103 tons. In general, exports, however, saw a abrupt descent.

In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) soared to $308K in 2022. Over the period under review, exports showed a moderate expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina1642161302037.4%
Brazil95.3N/A17.51053.3%
Bolivia24.0N/AN/AN/A0%
Others5.13.1N/A0.1-73.0%
Total2892191483082.1%

Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Uruguay in 2022:

  1. Argentina (68.1 tons)
  2. Brazil (35.2 tons)

Source: IndexBox Market Intelligence Platform

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