Uruguay - Malt Extract And Food Preparations Of Flour, Meal, And Starch - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Uruguay - Malt Extract And Food Preparations Of Flour, Meal, And Starch - Market Analysis, Forecast, Size, Trends And Insights

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Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Uruguay - 2023

Contents:

  1. Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Uruguay (FOB) - 2023
  2. Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Uruguay (CIF) - 2023
  3. Exports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Uruguay
  4. Imports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Uruguay

Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Uruguay (FOB) - 2023

In December 2023, the average export price for malt extract and food preparations of flour, meal, and starches amounted to $2,912 per ton, waning by -29.5% against the previous month. Overall, the export price recorded a noticeable downturn. The growth pace was the most rapid in January 2023 when the average export price increased by 17% month-to-month. The export price peaked at $5,083 per ton in April 2023; however, from May 2023 to December 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was Argentina ($4,182 per ton), while the average price for exports to the United Arab Emirates ($1,852 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+0.4%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Uruguay (CIF) - 2023

In December 2023, the average import price for malt extract and food preparations of flour, meal, and starches amounted to $1,802 per ton, waning by -8.3% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in November 2023 an increase of 26% against the previous month. The import price peaked at $2,202 per ton in May 2023; however, from June 2023 to December 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Greece ($2,975 per ton), while the price for Argentina ($1,579 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Brazil (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Uruguay

Exports of malt extract and food preparations of flour, meal, and starches from Uruguay surged to 8.1K tons in 2022, increasing by 146% against the previous year. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of malt extract and food preparations of flour, meal, and starches surged to $32M in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Malt Extract and Food Preparations of Flour, Meal, and Starch in Uruguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1.61.17.816.7118.5%
Argentina0.10.22.67.5321.7%
VenezuelaN/AN/AN/A2.60%
EcuadorN/AN/AN/A1.40%
United Arab EmiratesN/A0.2N/A0.787.1%
SenegalN/AN/AN/A0.60%
ColombiaN/AN/A0.10.6500.0%
NigerN/A0.50.1N/A-80.0%
South Africa3.87.11.1N/A-46.2%
Others1.01.60.91.617.0%
Total6.510.712.631.769.6%

Top Export Markets for Malt Extract and Food Preparations of Flour, Meal, and Starch from Uruguay in 2022:

  1. Brazil (4203.6 tons)
  2. Argentina (1564.9 tons)
  3. Venezuela (816.0 tons)
  4. Ecuador (384.0 tons)
  5. Senegal (200.5 tons)
  6. United Arab Emirates (200.1 tons)
  7. Colombia (173.0 tons)
  8. South Africa (0.3 tons)

Imports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Uruguay

In 2022, imports of malt extract and food preparations of flour, meal, and starches into Uruguay rose notably to 2.1K tons, with an increase of 7.5% on 2021. Over the period under review, imports, however, showed a relatively flat trend pattern.

In value terms, imports of malt extract and food preparations of flour, meal, and starches soared to $3.5M in 2022. The total import value increased at an average annual rate of +8.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Malt Extract and Food Preparations of Flour, Meal, and Starch in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina2,3022,1702,3772,9338.4%
Brazil20078.4144147-9.8%
Spain90.762.119.912812.2%
United Kingdom18.723.313511482.7%
Others16515582.81843.7%
Total2,7772,4892,7593,5068.1%

Top Suppliers of Malt Extract and Food Preparations of Flour, Meal, and Starch to Uruguay in 2022:

  1. Argentina (1905.6 tons)
  2. Brazil (64.2 tons)
  3. United Kingdom (43.3 tons)
  4. Spain (39.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for malt extract and food preparations of flour, meal, and starch 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:

  • FCL 50 - Malt Extract
  • FCL 115 - Food Preparations of Flour, Meal or Malt Extract

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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