Uruguay - Vinegar - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Uruguay - Vinegar - Market Analysis, Forecast, Size, Trends And Insights

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Vinegar Price in Uruguay - 2022

Contents:

  1. Vinegar Price in Uruguay (CIF) - 2022
  2. Vinegar Price in Uruguay (FOB) - 2022
  3. Vinegar Imports in Uruguay
  4. Vinegar Exports in Uruguay

Vinegar Price in Uruguay (CIF) - 2022

In 2022, the average vinegar import price amounted to $612 per ton, rising by 6.4% against the previous year. Over the period under review, the import price, however, saw a abrupt decline. The growth pace was the most rapid in 2014 an increase of 13%. As a result, import price reached the peak level of $1,618 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($2,639 per ton), while the price for Brazil ($402 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Vinegar Price in Uruguay (FOB) - 2022

The average vinegar export price stood at $6,399 per ton in 2022, jumping by 102% against the previous year. In general, the export price saw a significant expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 164%. Over the period under review, the average export prices attained the peak figure 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 Paraguay.

From 2012 to 2022, the rate of growth in terms of prices for Cuba amounted to +20.2% per year.

Vinegar Imports in Uruguay

In 2022, the amount of vinegar imported into Uruguay expanded rapidly to 1K tons, surging by 5.3% on the previous year's figure. The total import volume increased at an average annual rate of +10.1% over the period 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 2020 when imports increased by 32%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, vinegar imports rose rapidly to $635K in 2022. The total import value increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 24% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Import of Vinegar in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil16521621430522.7%
Italy97.612110915015.4%
Argentina65.779.979.311721.2%
Others16419316562.8-27.4%
Total4936095676358.8%

Top Suppliers of Vinegar to Uruguay in 2022:

  1. Brazil (759.3 tons)
  2. Argentina (195.8 tons)
  3. Italy (56.9 tons)

Vinegar Exports in Uruguay

For the third consecutive year, Uruguay recorded decline in shipments abroad of vinegar, which decreased by -74.9% to 248 kg in 2022. Over the period under review, exports faced a dramatic setback. The smallest decline of -47.4% was in 2021.

In value terms, vinegar exports contracted significantly to $1.6K in 2022. Overall, exports showed a precipitous decrease. The smallest decline of -14.5% was in 2021.

Export of Vinegar in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay1.00.70.61.617.0%
Cuba3.82.92.5N/A-18.9%
OthersN/A0.1N/AN/A0%
Total4.83.73.11.6-30.7%

Top Export Markets for Vinegar from Uruguay in 2022:

  1. Paraguay (248.0 kg)

Source: IndexBox Market Intelligence Platform

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

  • Prodcom 10841130 - Vinegar and substitutes for vinegar made from wine
  • Prodcom 10841190 - Vinegar and substitutes for vinegar (excluding made from wine)

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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In 2016, approx. X tons of vinegar were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a prominent increase from 2007 to 2016: the total imports volume ...

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Explore the top import markets for vinegar in 2022. Discover the growing demand, consumer preferences, and opportunities for international producers in the United States, Germany, France, Canada, and the United Kingdom.

Which Country Imports the Most Vinegar in the World?
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In 2016, approx. X tons of vinegar were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a prominent increase from 2007 to 2016: the total imports volume ...

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Free Data: Vinegar - Uruguay