Uruguay: Talc And Steatite Market 2024

Talc And Steatite Market Size in Uruguay

In 2022, the Uruguayan talc and steatite market increased by X% to $X, rising for the second consecutive year after five years of decline. Over the period under review, consumption saw a abrupt setback. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Talc And Steatite Production in Uruguay

In value terms, talc and steatite production surged to $X in 2022 estimated in export price. Overall, production recorded a deep reduction. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Talc And Steatite Exports

Exports from Uruguay

In 2022, approx. X kg of talc and steatite were exported from Uruguay; declining by X% against 2021 figures. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, talc and steatite exports shrank markedly to $X in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Free Zones (X kg) was the main destination for talc and steatite exports from Uruguay, accounting for a X% share of total exports. It was followed by Argentina (X kg), with a X% share of total exports.

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

In value terms, Free Zones ($X) remains the key foreign market for talc and steatite exports from Uruguay, comprising X% of total exports. The second position in the ranking was taken by Argentina ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the average talc and steatite export price amounted to $X per ton, shrinking by X% against the previous year. In general, the export price, however, showed prominent growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then reduced notably in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to Free Zones amounted to $X per ton.

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

Talc And Steatite Imports

Imports into Uruguay

Talc and steatite imports into Uruguay reduced slightly to X tons in 2022, declining by X% compared with the previous year. Overall, imports continue to indicate a noticeable decrease. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, talc and steatite imports stood at $X in 2022. Over the period under review, imports recorded a perceptible setback. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Brazil (X tons) constituted the largest talc and steatite supplier to Uruguay, accounting for a X% share of total imports. Moreover, talc and steatite imports from Brazil exceeded the figures recorded by the second-largest supplier, Argentina (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and the United States (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of talc and steatite to Uruguay, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Argentina (X% per year).

Import Prices by Country

In 2022, the average talc and steatite import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2016 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 the United States ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, 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 a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :