Uruguay: Market for Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass 2022

Market Size for Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass in Uruguay

In 2021, the Uruguayan pigments, opacifiers and colours market increased by X% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption recorded a strong expansion. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Exports of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass

Exports from Uruguay

In 2021, overseas shipments of pigments, opacifiers and colours for ceramics, enamelling or glass decreased by -X% to less than X kg, falling for the third year in a row after four years of growth. Overall, exports showed a pronounced reduction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of X kg. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, pigments, opacifiers and colours exports shrank dramatically to less than $X in 2021. In general, exports posted a prominent increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Chile (X kg) was the main destination for pigments, opacifiers and colours exports from Uruguay, with a approx. X% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to Chile was relatively modest.

From 2012 to 2020, the average annual rate of growth in terms of value to Chile was relatively modest.

Export Prices by Country

In 2020, the average pigments, opacifiers and colours export price amounted to $X per ton, reducing by -X% against the previous year. Over the period under review, the export price, however, showed buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then reduced in the following year.

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

From 2012 to 2020, the rate of growth in terms of prices for Chile amounted to X% per year.

Imports of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass

Imports into Uruguay

In 2021, purchases abroad of pigments, opacifiers and colours for ceramics, enamelling or glass was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports continue to indicate buoyant growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, pigments, opacifiers and colours imports soared to $X in 2021. Overall, imports showed a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

Argentina (X tons), the United States (X tons) and China (X tons) were the main suppliers of pigments, opacifiers and colours imports to Uruguay, with a combined X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of pigments, opacifiers and colours to Uruguay, comprising X% of total imports. The second position in the ranking was occupied by Argentina ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

In 2021, the average pigments, opacifiers and colours import price amounted to $X per ton, almost unchanged from the previous year. In general, the import price, however, continues to indicate slight growth. The growth pace was the most rapid in 2018 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform