Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Uruguay - 2022

Contents:

  1. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Uruguay (CIF) - 2022
  2. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Uruguay (FOB) - 2022
  3. Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Uruguay
  4. Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Uruguay

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Uruguay (CIF) - 2022

The average import price for wadding; other articles thereof, of man-made fibreses stood at $13,035 per ton in 2022, picking up by 46% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. 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 Paraguay ($13,358 per ton), while the price for China stood at $4,118 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+51.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Uruguay (FOB) - 2022

The average export price for wadding; other articles thereof, of man-made fibreses stood at $4,170 per ton in 2022, dropping by -15.1% against the previous year. Over the period under review, the export price recorded a noticeable descent. The growth pace was the most rapid in 2018 an increase of 59%. As a result, the export price reached the peak level of $8,614 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Paraguay.

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +8.7% per year.

Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Uruguay

In 2022, the amount of wadding; other articles thereof, of man-made fibreses imported into Uruguay declined sharply to 179 tons, dropping by -19.9% against the previous year's figure. In general, imports showed a slight setback. The most prominent rate of growth was recorded in 2021 when imports increased by 121%. As a result, imports reached the peak of 223 tons, and then dropped significantly in the following year.

In value terms, imports of wadding; other articles thereof, of man-made fibreses soared to $2.3M in 2022. Over the period under review, imports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 100%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay1,4608571,8532,25815.6%
China26.122.845.122.0-5.5%
Others17611690.749.0-34.7%
Total1,6629961,9892,32911.9%

Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Uruguay in 2022:

  1. Paraguay (169.0 tons)
  2. China (5.3 tons)

Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Uruguay

In 2022, after three years of growth, there was significant decline in shipments abroad of wadding; other articles thereof, of man-made fibreses, when their volume decreased by -47.6% to 16 tons. In general, exports saw a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 50% against the previous year. As a result, the exports reached the peak of 31 tons, and then shrank notably in the following year.

In value terms, exports of wadding; other articles thereof, of man-made fibreses fell notably to $67K in 2022. Overall, exports faced a dramatic slump. The pace of growth appeared the most rapid in 2021 with an increase of 11%.

Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay16213512866.8-25.6%
OthersN/AN/A21.8N/A0%
Total16213515066.8-25.6%

Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Uruguay in 2022:

  1. Paraguay (16.0 tons)

Source: IndexBox Market Intelligence Platform

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