Uruguay: Market for Tree, flower and other seeds, fruits and spores for sowing 2024

Market Size for Tree, flower and other seeds, fruits and spores for sowing in Uruguay

In 2022, after two years of decline, there was significant growth in the Uruguayan market for tree, flower and other seeds, fruits and spores for sowing, when its value increased by X% to $X. Overall, consumption showed prominent growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Tree, flower and other seeds, fruits and spores for sowing in Uruguay

In value terms, production of tree, flower and other seeds, fruits and spores for sowing fell to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production of growth failed to regain momentum.

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Exports of Tree, flower and other seeds, fruits and spores for sowing

Exports from Uruguay

In 2022, overseas shipments of tree, flower and other seeds, fruits and spores for sowing decreased by X% to X kg, falling for the second year in a row after three years of growth. Overall, exports showed a sharp slump. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked at X kg in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of tree, flower and other seeds, fruits and spores for sowing reduced markedly to $X in 2022. In general, exports recorded a precipitous decline. The pace of growth was the most pronounced in 2020 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Free Zones (X kg) was the main destination for exports of tree, flower and other seeds, fruits and spores for sowing from Uruguay, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Free Zones was relatively modest.

In value terms, Free Zones ($X) emerged as the key foreign market for tree, flower and other seeds, fruits and spores for sowing exports from Uruguay.

From 2012 to 2022, the average annual rate of growth in terms of value to Free Zones totaled X%.

Export Prices by Country

In 2022, the average export price for tree, flower and other seeds, fruits and spores for sowing amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, recorded a deep reduction. The pace of growth was the most pronounced in 2020 an increase of 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.

As there is only one major export destination, the average price level is determined by prices for Free Zones.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Imports of Tree, flower and other seeds, fruits and spores for sowing

Imports into Uruguay

In 2022, after two years of decline, there was significant growth in supplies from abroad of tree, flower and other seeds, fruits and spores for sowing, when their volume increased by X% to X tons. In general, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports of reached the maximum at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of tree, flower and other seeds, fruits and spores for sowing expanded significantly to $X in 2022. Overall, total imports indicated modest growth 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. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

Australia (X tons), Canada (X tons) and South Africa (X kg) were the main suppliers of imports of tree, flower and other seeds, fruits and spores for sowing to Uruguay, with a combined X% share of total imports. Switzerland, the United States, Poland, China and Italy lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) constituted the largest supplier of tree, flower and other seeds, fruits and spores for sowing to Uruguay, comprising X% of total imports. The second position in the ranking was taken by South Africa ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Australia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average import price for tree, flower and other seeds, fruits and spores for sowing amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X,306 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 the United States ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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