Uruguay: Market for Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) 2024

Market Size for Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) in Uruguay

The Uruguayan market for siliceous fossil meals (kieselguhr, tripolite and diatomite) contracted modestly to $X in 2022, shrinking 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, the total consumption indicated a tangible expansion 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. Based on 2022 figures, consumption increased by X% against 2016 indices. As a result, consumption attained the peak level of $X, and then contracted modestly in the following year.

Exports of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite)

Exports from Uruguay

After five years of decline, shipments abroad of siliceous fossil meals (kieselguhr, tripolite and diatomite) increased by X% to X tons in 2022. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2014 with an increase of X%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) surged to $X in 2022. In general, exports showed a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Paraguay (X tons) was the main destination for exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) 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 Paraguay totaled X%.

In value terms, Paraguay ($X) also remains the key foreign market for siliceous fossil meals (kieselguhr, tripolite and diatomite) exports from Uruguay.

From 2012 to 2022, the average annual growth rate of value to Paraguay totaled X%.

Export Prices by Country

The average export price for siliceous fossil meals (kieselguhr, tripolite and diatomite) stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

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

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Imports of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite)

Imports into Uruguay

In 2022, approx. X tons of siliceous fossil meals (kieselguhr, tripolite and diatomite) were imported into Uruguay; with a decrease of X% compared with 2021 figures. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X tons, and then fell in the following year.

In value terms, imports of siliceous fossil meals (kieselguhr, tripolite and diatomite) declined to $X in 2022. In general, total imports indicated a noticeable increase 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. Based on 2022 figures, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, Argentina (X tons) was the main siliceous fossil meal (kieselguhr, tripolite and diatomite) supplier to Uruguay, with a X% share of total imports. Moreover, imports of siliceous fossil meals (kieselguhr, tripolite and diatomite) from Argentina exceeded the figures recorded by the second-largest supplier, Mexico (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Argentina stood at X%.

In value terms, Argentina ($X) constituted the largest supplier of siliceous fossil meals (kieselguhr, tripolite and diatomite) to Uruguay, comprising X% of total imports. The second position in the ranking was taken by Mexico ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Argentina stood at X%.

Import Prices by Country

The average import price for siliceous fossil meals (kieselguhr, tripolite and diatomite) stood at $X per ton in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a 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 Mexico ($X per ton), while the price for Argentina totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%).

Source: IndexBox Platform

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