
Uruguay - Prepared Explosives - Market Analysis, Forecast, Size, Trends and Insights
Uruguay: Explosives Market 2023
Explosives Market Size in Uruguay
After three years of decline, the Uruguayan explosives market increased by 148% to $X in 2021. In general, consumption, however, showed a precipitous setback. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.
Explosives Exports
Exports from Uruguay
In 2014, the amount of prepared explosives exported from Uruguay amounted to X tons, stabilizing at the year before. Over the period under review, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports hit record highs in 2014 and are likely to see gradual growth in years to come.
In value terms, explosives exports amounted to $X in 2014. In general, exports saw a relatively flat trend pattern. Over the period under review, the exports attained the maximum in 2014 and are expected to retain growth in the near future.
Exports by Country
Argentina (X tons) was the main destination for explosives exports from Uruguay, with a approx. 100% share of total exports.
From 2014 to 2014, the average annual growth rate of volume to Argentina was relatively modest.
From 2014 to 2014, the average annual rate of growth in terms of value to Argentina was relatively modest.
Explosives Imports
Imports into Uruguay
In 2021, overseas purchases of prepared explosives were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, imports, however, saw a sharp reduction. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
In value terms, explosives imports surged to $X in 2021. Over the period under review, imports, however, recorded a sharp slump. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
Imports by Country
Argentina (X tons) and Brazil (X tons) were the main suppliers of explosives imports to Uruguay.
From 2012 to 2021, the biggest increases were recorded for Argentina (with a CAGR of -24.0%).
In value terms, Argentina ($X) constituted the largest supplier of prepared explosives to Uruguay, comprising 69% of total imports. The second position in the ranking was taken by Brazil ($X), with a 24% share of total imports.
From 2012 to 2021, the average annual growth rate of value from Argentina totaled -16.5%.
Import Prices by Country
The average explosives import price stood at $X per ton in 2021, rising by 15% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +8.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, explosives import price increased by +74.0% against 2017 indices. The growth pace was the most rapid in 2014 an increase of 34%. The import price peaked in 2021 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($X per ton), while the price for Brazil totaled $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+10.0%).
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the explosives market in Uruguay. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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