Uruguay: Organo-Sulphur Compound Market 2024

Organo-Sulphur Compound Market Size in Uruguay

The Uruguayan organo-sulphur compound market skyrocketed to $X in 2022, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded tangible growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Organo-Sulphur Compound Exports

Exports from Uruguay

In 2022, organo-sulphur compound exports from Uruguay reduced remarkably to X tons, which is down by X% on 2021. Overall, exports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, organo-sulphur compound exports dropped to $X in 2022. Over the period under review, exports, however, enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Kenya (X tons) was the main destination for organo-sulphur compound exports from Uruguay, accounting for a X% share of total exports. Moreover, organo-sulphur compound exports to Kenya exceeded the volume sent to the second major destination, Costa Rica (X tons), twofold. Ecuador (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kenya totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (X% per year) and Ecuador (X% per year).

In value terms, the largest markets for organo-sulphur compound exported from Uruguay were Costa Rica ($X), Kenya ($X) and Ecuador ($X), together accounting for X% of total exports. Colombia, Paraguay and Bolivia lagged somewhat behind, together comprising a further X%.

Bolivia, with a CAGR of X%, recorded 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

In 2022, the average organo-sulphur compound export price amounted to $X per ton, growing by X% against the previous year. In general, the export price, however, showed a noticeable decline. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($X per ton), while the average price for exports to Bolivia ($X per ton) was amongst the lowest.

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

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Organo-Sulphur Compound Imports

Imports into Uruguay

In 2022, organo-sulphur compound imports into Uruguay skyrocketed to X tons, increasing by X% against the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, organo-sulphur compound imports surged to $X in 2022. In general, imports continue to indicate tangible growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of organo-sulphur compound to Uruguay, with a X% share of total imports. Moreover, organo-sulphur compound imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), fourfold. Spain (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Spain (X% per year).

In value terms, China ($X) constituted the largest supplier of organo-sulphur compounds to Uruguay, comprising X% of total imports. The second position in the ranking was taken by India ($X), with an X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Japan (X% per year).

Import Prices by Country

The average organo-sulphur compound import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price 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, organo-sulphur compound import price increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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