Uruguay: Market for Non-Alcoholic Beverages, Not Containing Milk 2024

Market Size for Non-Alcoholic Beverages, Not Containing Milk in Uruguay

The Uruguayan market for non-alcoholic beverages, not containing milk totaled $X in 2022, rising by X% against the previous year. In general, consumption recorded a buoyant expansion. Non-alcoholic beverage, not containing milk consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Non-Alcoholic Beverages, Not Containing Milk in Uruguay

In value terms, non-alcoholic beverage, not containing milk production expanded markedly to $X in 2022 estimated in export price. Overall, production saw a prominent increase. The growth pace was the most rapid in 2014 when the production volume increased by X%. Non-alcoholic beverage, not containing milk production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Exports of Non-Alcoholic Beverages, Not Containing Milk

Exports from Uruguay

In 2022, the amount of non-alcoholic beverages, not containing milk exported from Uruguay skyrocketed to X litres, jumping by X% compared with the previous year's figure. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, non-alcoholic beverage, not containing milk exports rose notably to $X in 2022. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Chile (X litres) was the main destination for non-alcoholic beverage, not containing milk exports from Uruguay, with a X% share of total exports. Moreover, non-alcoholic beverage, not containing milk exports to Chile exceeded the volume sent to the second major destination, Paraguay (X litres), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Chile amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (X% per year) and Cuba (X% per year).

In value terms, Chile ($X) remains the key foreign market for non-alcoholic beverages, not containing milk exports from Uruguay, comprising X% of total exports. The second position in the ranking was held by Paraguay ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Chile amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (X% per year) and Cuba (X% per year).

Export Prices by Country

In 2022, the average export price for non-alcoholic beverages, not containing milk amounted to $X per litre, falling by X% against the previous year. Overall, the export price continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per litre in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($X per litre), while the average price for exports to Chile ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (X%), while the prices for the other major destinations experienced a decline.

Imports of Non-Alcoholic Beverages, Not Containing Milk

Imports into Uruguay

For the fourth year in a row, Uruguay recorded growth in overseas purchases of non-alcoholic beverages, not containing milk, which increased by X% to X litres in 2022. In general, total imports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, non-alcoholic beverage, not containing milk imports soared to $X in 2022. Overall, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Argentina (X litres) constituted the largest non-alcoholic beverage, not containing milk supplier to Uruguay, with a X% share of total imports. Moreover, non-alcoholic beverage, not containing milk imports from Argentina exceeded the figures recorded by the second-largest supplier, Mexico (X litres), threefold. The third position in this ranking was held by Austria (X litres), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Argentina was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and Austria (X% per year).

In value terms, the largest non-alcoholic beverage, not containing milk suppliers to Uruguay were Argentina ($X), Mexico ($X) and Austria ($X), with a combined X% share of total imports.

Mexico, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for non-alcoholic beverages, not containing milk amounted to $X per litre, growing by X% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per litre), while the price for Argentina ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform

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