Uruguay: Market for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm 2022

Market Size for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm in Uruguay

In 2021, the Uruguayan market for aluminium alloy plates, sheets and strip of thickness over X mm increased by X% to $X for the first time since 2018, thus ending a two-year declining trend. In general, the total consumption indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -X% against 2018 indices. Consumption of peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Exports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Exports from Uruguay

Exports of aluminium alloy plates, sheets and strip of thickness over X mm from Uruguay totaled X tons in 2021, increasing by X% against the year before. Over the period under review, exports, however, saw a sharp slump. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, exports of aluminium alloy plates, sheets and strip of thickness over X mm dropped slightly to $X in 2021. Overall, exports, however, recorded a dramatic downturn. The pace of growth was the most pronounced in 2017 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Costa Rica (X tons) was the main destination for exports of aluminium alloy plates, sheets and strip of thickness over X mm from Uruguay, with a X% share of total exports. It was followed by the Dominican Republic (X kg), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Costa Rica amounted to -X%.

In value terms, Costa Rica ($X) remains the key foreign market for aluminium alloy plate, sheet and strip of thickness over X mm exports from Uruguay, comprising X% of total exports. The second position in the ranking was held by the Dominican Republic ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Costa Rica stood at -X%.

Export Prices by Country

In 2021, the average export price for aluminium alloy plates, sheets and strip of thickness over X mm amounted to $X per ton, with a decrease of -X% against the previous year. Overall, the export price, however, enjoyed a temperate increase. The pace of growth appeared the most rapid in 2016 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the Dominican Republic ($X per ton), while the average price for exports to Costa Rica stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (X%).

Imports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Imports into Uruguay

In 2021, supplies from abroad of aluminium alloy plates, sheets and strip of thickness over X mm was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, total imports indicated pronounced growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, imports of aluminium alloy plates, sheets and strip of thickness over X mm expanded notably to $X in 2021. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports of reached the peak figure at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest aluminium alloy plate, sheet and strip of thickness over X mm supplier to Uruguay, accounting for a X% share of total imports. Moreover, imports of aluminium alloy plates, sheets and strip of thickness over X mm from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), sevenfold. The third position in this ranking was taken by Mexico (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Mexico (+X% per year).

In value terms, China ($X) constituted the largest supplier of aluminium alloy plate, sheet and strip of thickness over X mm to Uruguay, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with an X% share of total imports. It was followed by Mexico, with a X% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Mexico (+X% per year).

Import Prices by Country

In 2021, the average import price for aluminium alloy plates, sheets and strip of thickness over X mm amounted to $X per ton, approximately equating the previous year. Over the period under review, the import price, however, showed a noticeable reduction. The pace of growth appeared the most rapid in 2017 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably countryorigin: the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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