Report Uruguay - Sacks and Bags of Cotton - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Oct 18, 2022

Uruguay - Sacks and Bags of Cotton - Market Analysis, Forecast, Size, Trends and Insights
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Uruguay: Cotton Bag Market 2022

Cotton Bag Market Size in Uruguay

The Uruguayan cotton bag market expanded sharply to $X in 2021, increasing by X% against the previous year. Overall, consumption recorded prominent growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Cotton Bag Production in Uruguay

In value terms, cotton bag production rose rapidly to $X in 2021 estimated in export price. In general, production posted a resilient expansion. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Cotton Bag Exports

Exports from Uruguay

In 2021, after five years of growth, there was significant decline in overseas shipments of sacks and bags of cotton, when their volume decreased by -X% to X kg. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at X kg in 2020, and then fell in the following year.

In value terms, cotton bag exports dropped to $X in 2021. Over the period under review, exports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020, and then fell in the following year.

Exports by Country

Chile (X kg) was the main destination for cotton bag exports from Uruguay, with a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Chile totaled +X%.

In value terms, Chile ($X) also remains the key foreign market for cotton bag exports from Uruguay.

From 2012 to 2021, the average annual rate of growth in terms of value to Chile stood at +X%.

Export Prices by Country

The average cotton bag export price stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, showed a deep setback. The pace of growth was the most pronounced in 2013 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, 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 Chile.

From 2012 to 2021, the rate of growth in terms of prices for Chile amounted to -X% per year.

Cotton Bag Imports

Imports into Uruguay

In 2021, approx. X tons of sacks and bags of cotton were imported into Uruguay; rising by X% compared with the previous year's figure. Overall, imports enjoyed resilient growth. The pace of growth appeared the most rapid in 2015 when imports increased by X%. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, cotton bag imports declined remarkably to $X in 2021. Over the period under review, imports showed buoyant growth. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Argentina (X tons) constituted the largest cotton bag supplier to Uruguay, with a X% share of total imports. Moreover, cotton bag imports from Argentina exceeded the figures recorded by the second-largest supplier, Pakistan (X tons), threefold. The third position in this ranking was held by China (X kg), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Argentina totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+X% per year) and China (-X% per year).

In value terms, Argentina ($X) constituted the largest supplier of cotton bag to Uruguay, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.

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

Import Prices by Country

In 2021, the average cotton bag import price amounted to $X per ton, with a decrease of -X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Brazil ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, 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 Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for sacks and bags of cotton in the world?
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Italy constituted the country with the largest volume of cotton bag consumption, comprising approx. 25% of total volume. Moreover, cotton bag consumption in Italy exceeded the figures recorded by the second-largest consumer, China, twofold. The third position in this ranking was held by Pakistan, with a 5.4% share.
What are the largest producers of sacks and bags of cotton in the world?
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The countries with the highest volumes of production in 2021 were Italy, China and Pakistan, with a combined 45% share of global production.
What are the leading suppliers of sacks and bags of cotton to Uruguay?
+
In value terms, Argentina constituted the largest supplier of cotton bag to Uruguay, comprising 61% of total imports. The second position in the ranking was taken by China, with a 10% share of total imports. It was followed by Brazil, with a 7.2% share.
What are the leading importers of sacks and bags of cotton from Uruguay?
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In value terms, Chile $714) remains the key foreign market for cotton bag exports from Uruguay.
What is the average export price for sacks and bags of cotton in Uruguay?
+
The average cotton bag export price stood at $2,536 per ton in 2021, stabilizing at the previous year.
What is the average import price for sacks and bags of cotton in Uruguay?
+
In 2021, the average cotton bag import price amounted to $5,817 per ton, declining by -27.8% against the previous year.

This report provides an in-depth analysis of the cotton bag 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.


Product coverage:
• Prodcom 13922130 - Sacks and bags, of cotton, used for packing goods
Country coverage:
• Uruguay

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Uruguay
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2021
Figure 5:
Trade Balance, In Physical Terms, 2007-2021
Figure 6:
Trade Balance, In Value Terms, 2007-2021
Figure 7:
Per Capita Consumption, 2007-2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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