Report Update: May 1, 2024

Uruguay - Sulphur - Market Analysis, Forecast, Size, Trends and Insights

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Sulphur Price in Uruguay - 2021

Sulphur Price in Uruguay (CIF) - 2022

In 2022, the average sulphur import price amounted to $92 per ton, approximately mirroring the previous year. Over the period under review, the import price, however, saw a abrupt descent. The growth pace was the most rapid in 2020 when the average import price increased by 7.9%. The import price peaked at $223 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 Spain ($426 per ton), while the price for Qatar ($53 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+38.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphur Price in Uruguay (FOB) - 2022

The average sulphur export price stood at $5,379 per ton in 2022, remaining constant against the previous year. Over the period under review, the export price showed a significant expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 440% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +23.1% per year.

Sulphur Imports in Uruguay

Sulphur imports into Uruguay soared to 40K tons in 2022, with an increase of 18% compared with 2021. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 110%. As a result, imports attained the peak of 47K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, sulphur imports soared to $3.7M in 2022. In general, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 127% against the previous year. As a result, imports reached the peak of $4.3M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Sulphur in Uruguay (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	459	1,594	1,232	1,422	45.8%
Russia	87.6	606	678	748	104.4%
United Arab Emirates	290	639	452	442	15.1%
Kazakhstan	264	N/A	N/A	396	14.5%
Qatar	463	639	343	335	-10.2%
Greece	164	366	128	113	-11.7%
British Virgin Islands	114	254	89.2	78.9	-11.5%
Others	65.0	230	195	188	42.5%
Total	1,906	4,328	3,117	3,722	25.0%

Top Suppliers of Sulphur to Uruguay in 2022:

United States (12.5K tons)
Russia (10.3K tons)
Qatar (6.3K tons)
United Arab Emirates (5.5K tons)
Kazakhstan (2.1K tons)
Greece (1.7K tons)
British Virgin Islands (1.1K tons)

Sulphur Exports in Uruguay

In 2022, overseas shipments of sulphur decreased by -92.3% to 153 kg, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 186% against the previous year. As a result, the exports reached the peak of 7.8 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, sulphur exports dropped significantly to $823 in 2022. Overall, exports faced a precipitous descent. The pace of growth was the most pronounced in 2020 with an increase of 60% against the previous year.

Export of Sulphur in Uruguay (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Argentina	4.8	7.8	10.6	0.8	-45.0%
Others	N/A	0.1	0.1	N/A	0.0%
Total	4.9	7.8	10.8	0.8	-45.3%

Top Export Markets for Sulphur from Uruguay in 2022:

Argentina (152.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sulphur 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:

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
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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
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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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
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
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