Price for Iron Oxides and Hydroxides in Uruguay - 2022
Contents:
- Price for Iron Oxides and Hydroxides in Uruguay (CIF) - 2022
- Price for Iron Oxides and Hydroxides in Uruguay (FOB) - 2022
- Imports of Iron Oxides and Hydroxides in Uruguay
- Exports of Iron Oxides and Hydroxides in Uruguay
Price for Iron Oxides and Hydroxides in Uruguay (CIF) - 2022
The average iron oxides and hydroxides import price stood at $3,186 per ton in 2022, surging by 67% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,059 per ton), while the price for Colombia ($2,203 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron Oxides and Hydroxides in Uruguay (FOB) - 2022
The average iron oxides and hydroxides export price stood at $3,007 per ton in 2022, jumping by 46% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($48,000 per ton), while the average price for exports to Paraguay ($1,368 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 Argentina (+32.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron Oxides and Hydroxides in Uruguay
In 2022, imports of iron oxides and hydroxideses into Uruguay expanded to 779 tons, growing by 4.9% against the year before. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.2% 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 +83.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 75%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, iron oxides and hydroxides imports soared to $2.5M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Iron Oxides and Hydroxides in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 255 | 154 | 512 | 967 | 55.9% |
| Brazil | 324 | 313 | 322 | 754 | 32.5% |
| Germany | 121 | 104 | 249 | 490 | 59.4% |
| Colombia | 247 | 173 | 97.3 | 110 | -23.6% |
| United States | 161 | 84.2 | 177 | 43.0 | -35.6% |
| Mexico | 26.3 | 32.4 | 27.2 | N/A | 1.7% |
| Others | 68.0 | 31.7 | 31.8 | 119 | 20.5% |
| Total | 1,202 | 893 | 1,416 | 2,483 | 27.4% |
Top Suppliers of Iron Oxides and Hydroxides to Uruguay in 2022:
- China (296.6 tons)
- Brazil (280.3 tons)
- Germany (138.8 tons)
- Colombia (49.8 tons)
- United States (10.6 tons)
Exports of Iron Oxides and Hydroxides in Uruguay
In 2022, approx. 26 tons of iron oxides and hydroxideses were exported from Uruguay; picking up by 71% on the previous year's figure. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 773%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, iron oxides and hydroxides exports soared to $77K in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 637%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Iron Oxides and Hydroxides in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 3.3 | 3.3 | 11.0 | 65.4 | 170.6% |
| Free Zones | 1.6 | 0.8 | 6.6 | 11.6 | 93.5% |
| Paraguay | 0.2 | 0.1 | 0.4 | 0.1 | -20.6% |
| El Salvador | N/A | N/A | 12.8 | N/A | 0% |
| Others | 0.2 | N/A | 0.1 | 0.2 | 0.0% |
| Total | 5.2 | 4.2 | 30.9 | 77.3 | 145.9% |
Top Export Markets for Iron Oxides and Hydroxides from Uruguay in 2022:
- Brazil (25.2 tons)
- Free Zones (0.4 tons)
- Paraguay (0.1 tons)
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