
Uruguay - Wood Pellets - Market Analysis, Forecast, Size, Trends and Insights
Uruguay: Wood Pellets Market 2023
Wood Pellets Market Size in Uruguay
The Uruguayan wood pellets market skyrocketed to $X in 2021, with an increase of 46% against the previous year. Over the period under review, consumption showed a significant expansion. Wood pellets consumption peaked in 2021 and is expected to retain growth in the near future.
Wood Pellets Production in Uruguay
In value terms, wood pellets production soared to $X in 2021 estimated in export price. In general, production, however, continues to indicate a deep reduction. The pace of growth was the most pronounced in 2017 with an increase of 155%. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.
Wood Pellets Exports
Exports from Uruguay
In 2021, shipments abroad of wood pellets increased by 13% to X tons, rising for the third year in a row after three years of decline. Overall, exports, however, saw a significant decrease. The pace of growth was the most pronounced in 2013 with an increase of 126% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.
In value terms, wood pellets exports shrank remarkably to $X in 2021. In general, exports, however, recorded a precipitous curtailment. The growth pace was the most rapid in 2013 with an increase of 156%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.
Exports by Country
Italy (X tons) was the main destination for wood pellets exports from Uruguay, accounting for a approx. 100% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of volume to Italy totaled -22.1%.
In value terms, Italy ($X) also remains the key foreign market for wood pellets exports from Uruguay.
From 2012 to 2021, the average annual rate of growth in terms of value to Italy amounted to -27.8%.
Export Prices by Country
The average wood pellets export price stood at $X per ton in 2021, with a decrease of -29.4% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2013 an increase of 13%. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Italy.
From 2012 to 2021, the rate of growth in terms of prices for Italy amounted to -7.4% per year.
Wood Pellets Imports
Imports into Uruguay
Wood pellets imports into Uruguay skyrocketed to X tons in 2021, rising by 59% against the previous year's figure. Over the period under review, imports saw significant growth. The growth pace was the most rapid in 2014 with an increase of 783% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.
In value terms, wood pellets imports skyrocketed to $X in 2021. Overall, imports posted a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of 597%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.
Imports by Country
In 2021, Argentina (X tons) constituted the largest wood pellets supplier to Uruguay, with a 82% share of total imports. Moreover, wood pellets imports from Argentina exceeded the figures recorded by the second-largest supplier, Brazil (X tons), fourfold.
From 2012 to 2021, the average annual growth rate of volume from Argentina amounted to +204.2%.
In value terms, Argentina ($X) constituted the largest supplier of wood pellets to Uruguay, comprising 74% of total imports. The second position in the ranking was held by Brazil ($X), with a 26% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from Argentina totaled +138.8%.
Import Prices by Country
In 2021, the average wood pellets import price amounted to $X per ton, reducing by -8.6% against the previous year. In general, the import price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 9.3%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Brazil ($X per ton), while the price for Argentina stood at $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (-8.6%).
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the wood pellets 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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