Uruguay - Sugar - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSugar Price in Uruguay - 2021
Contents:
- Sugar Price in Uruguay (CIF) - 2022
- Sugar Price in Uruguay (FOB) - 2022
- Sugar Imports in Uruguay
- Sugar Exports in Uruguay
Sugar Price in Uruguay (CIF) - 2022
The average sugar import price stood at $487 per ton in 2022, picking up by 18% against the previous year. Overall, the import price, however, recorded a noticeable downturn. The most prominent rate of growth was recorded in 2015 an increase of 20%. The import price peaked at $629 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($495 per ton), while the price for Argentina amounted to $462 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (-1.0%).
Sugar Price in Uruguay (FOB) - 2022
In 2021, the average sugar export price amounted to $229 per ton, reducing by -6.9% against the previous year. In general, the export price recorded a drastic downturn. The growth pace was the most rapid in 2017 a decrease of -6.9% against the previous year. Over the period under review, the average export prices reached the peak figure at $754 per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was France ($294 per ton), while the average price for exports to Bosnia and Herzegovina amounted to $13 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-6.8%).
Sugar Imports in Uruguay
For the fourth year in a row, Uruguay recorded growth in supplies from abroad of sugar, which increased by 4.2% to 52K tons in 2022. The total import volume increased at an average annual rate of +9.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, sugar imports surged to $25M in 2022. Overall, imports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 51%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.
| Import of Sugar in Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 0.7 | 8.3 | 3.8 | 19.0 | 200.5% |
| Argentina | 11.3 | 5.4 | 16.7 | 6.4 | -17.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 12.0 | 13.6 | 20.5 | 25.4 | 28.4% |
Top Suppliers of Sugar to Uruguay in 2022:
- Brazil (38.3K tons)
- Argentina (13.8K tons)
Sugar Exports in Uruguay
In 2021, exports of sugar from Uruguay surged to 928 tons, growing by 19% compared with 2020 figures. The total export volume increased at an average annual rate of +19.0% over the period from 2019 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 19%. The exports peaked in 2021 and are likely to continue growth in the near future.
In value terms, sugar exports rose rapidly to $213K in 2021. The total export value increased at an average annual rate of +10.9% over the period from 2019 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 11%. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in years to come.
| Export of Sugar in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| France | N/A | N/A | 105 | 0% | |
| Bosnia and Herzegovina | N/A | N/A | 2.8 | 0% | |
| United Kingdom | 173 | 192 | N/A | 11.0% | |
| Others | N/A | N/A | 105 | 0% | |
| Total | 173 | 192 | 213 | 11.0% | |
Top Export Markets for Sugar from Uruguay in 2022:
- France (357.0 tons)
- Bosnia and Herzegovina (214.2 tons)
This report provides an in-depth analysis of the sugar 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:
- FCL 162 - Sugar, Raw Centrifugal
- FCL 163 - Sugar, Non-Centrifugal
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
508
This report provides an in-depth analysis of the sugar market in Uruguay.
110
This report provides an in-depth analysis of the sugar market in Uruguay.
2399
This report provides an in-depth analysis of the global sugar market.
144
This report provides an in-depth analysis of the global sugar market.
728
Global Raw Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global raw cane sugar market.
602
Global Flavoured Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global market for flavoured refined cane sugar.
589
Global Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global refined cane sugar market.
632
Global Refined White Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global market for refined white cane sugar.
508
This report provides an in-depth analysis of the sugar market in Uruguay.
110
This report provides an in-depth analysis of the sugar market in Uruguay.
297
Discover the top import markets for sugar, including China, the United States, Indonesia, Bangladesh, and South Korea, and their importance in meeting global sugar demand. Gain valuable insights from the IndexBox market report on the sugar industry.
1332
This year, world sugar production is expected to rise by 3% to 193M tons. The growth will be encouraged by favorable weather conditions in most of the largest producing countries, as well as the providing exemptions on the neonicotinoid usage against plant diseases and blights in France, Germany and the UK. The drop in sugar production and shipments from Brazil will be offset by large volumes coming from Thailand, which will boost global exports by +2.6% y-o-y. The increased supply in the world market is to keep sugar prices relatively stable over the next two years.
1082
The global sugar market rose to $105.3B in 2019, surging by 1.9% against the previous year. This figure reflects the...
955
The global sugar market revenue amounted to $99.9B in 2017, increasing by 13% against the previous year. This figure refle...
1333
In value terms, cane and beet sugar and sucrose imports totaled $X in 2016. Overall, it indicated a perceptible growth from 2007 to 2016: the total imports value increased at an average annual rate ...
1703
In value terms, cane and beet sugar and sucrose exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
297
Discover the top import markets for sugar, including China, the United States, Indonesia, Bangladesh, and South Korea, and their importance in meeting global sugar demand. Gain valuable insights from the IndexBox market report on the sugar industry.
1332
This year, world sugar production is expected to rise by 3% to 193M tons. The growth will be encouraged by favorable weather conditions in most of the largest producing countries, as well as the providing exemptions on the neonicotinoid usage against plant diseases and blights in France, Germany and the UK. The drop in sugar production and shipments from Brazil will be offset by large volumes coming from Thailand, which will boost global exports by +2.6% y-o-y. The increased supply in the world market is to keep sugar prices relatively stable over the next two years.
1082
The global sugar market rose to $105.3B in 2019, surging by 1.9% against the previous year. This figure reflects the...
955
The global sugar market revenue amounted to $99.9B in 2017, increasing by 13% against the previous year. This figure refle...
