Uruguay: Market for Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm 2024

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

In 2023, the Uruguayan market for aluminium plates, sheets and strip of thickness over X mm decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2023, consumption remained at a lower figure.

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

Exports from Uruguay

In 2019, the amount of aluminium plates, sheets and strip of thickness over X mm exported from Uruguay stood at X kg, flattening at 2018. Over the period under review, exports continue to indicate a significant decrease. The smallest decline of X% was in 2016. Over the period under review, the exports of attained the maximum at X kg in 2015; however, from 2016 to 2019, the exports failed to regain momentum.

In value terms, exports of aluminium plates, sheets and strip of thickness over X mm totaled $X in 2019. In general, exports saw a precipitous shrinkage. The smallest decline of X% was in 2016. Over the period under review, the exports of reached the peak figure at $X in 2015; however, from 2016 to 2019, the exports failed to regain momentum.

Exports by Country

Ireland (X kg), the Dominican Republic (X kg) and Paraguay (X kg) were the main destinations of exports of aluminium plates, sheets and strip of thickness over X mm from Uruguay, with a combined X% share of total exports.

From 2015 to 2019, the biggest increases were recorded for Paraguay (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for aluminium plate, sheet and strip of thickness over X mm exported from Uruguay were Ireland ($X), the Dominican Republic ($X) and Paraguay ($X), with a combined X% share of total exports.

Paraguay, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for aluminium plates, sheets and strip of thickness over X mm stood at $X per ton in 2019, almost unchanged from the previous year. Over the period under review, the export price showed a precipitous decrease. The growth pace was the most rapid in 2016 when the average export price decreased by X% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2019, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($X per ton), while the average price for exports to Paraguay ($X per ton) was amongst the lowest.

From 2015 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Uruguay

After two years of growth, overseas purchases of aluminium plates, sheets and strip of thickness over X mm decreased by X% to X tons in 2023. Over the period under review, imports recorded a noticeable curtailment. The growth pace was the most rapid in 2022 with an increase of X%. Imports peaked at X tons in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, imports of aluminium plates, sheets and strip of thickness over X mm fell to $X in 2023. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.

Imports by Country

China (X tons), Brazil (X tons) and the United States (X kg) were the main suppliers of imports of aluminium plates, sheets and strip of thickness over X mm to Uruguay, together accounting for X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Brazil ($X), China ($X) and the United States ($X) constituted the largest aluminium plate, sheet and strip of thickness over X mm suppliers to Uruguay, with a combined X% share of total imports.

The United States, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for aluminium plates, sheets and strip of thickness over X mm stood at $X per ton in 2023, which is down by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2022, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, 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 2023, the most notable rate of growth in terms of prices was attained by Australia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform