Uruguay: Market for Wood Residues, Pellets And Other Agglomerates 2024

Market Size for Wood Residues, Pellets And Other Agglomerates in Uruguay

In 2022, the Uruguayan market for wood residues, pellets and other agglomerates decreased by X% to $X, falling for the third year in a row after three years of growth. Overall, consumption, however, enjoyed a buoyant increase. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Wood Residues, Pellets And Other Agglomerates in Uruguay

In value terms, production of wood residues, pellets and other agglomerates contracted slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Production of peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Wood Residues, Pellets And Other Agglomerates

Exports from Uruguay

After two years of growth, shipments abroad of wood residues, pellets and other agglomerates decreased by X% to X cubic meters in 2022. In general, exports continue to indicate a pronounced decline. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked at X cubic meters in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of wood residues, pellets and other agglomerates soared to $X in 2022. Overall, exports, however, recorded measured growth. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

France (X cubic meters), Italy (X cubic meters) and China (X cubic meters) were the main destinations of exports of wood residues, pellets and other agglomerates from Uruguay, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X) emerged as the key foreign market for wood residues, pellets and other agglomerates exports from Uruguay, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and China (X% per year).

Export Prices by Country

In 2022, the average export price for wood residues, pellets and other agglomerates amounted to $X per cubic meter, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per cubic meter), while the average price for exports to Egypt ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Residues, Pellets And Other Agglomerates

Imports into Uruguay

In 2022, purchases abroad of wood residues, pellets and other agglomerates decreased by X% to X cubic meters, falling for the third year in a row after four years of growth. Overall, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, imports attained the peak of X cubic meters. From 2020 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of wood residues, pellets and other agglomerates declined markedly to $X in 2022. Over the period under review, imports, however, showed resilient growth. The growth pace was the most rapid in 2019 when imports increased by X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

Argentina (X cubic meters), Brazil (X cubic meters) and Free Zones (X cubic meters) were the main suppliers of imports of wood residues, pellets and other agglomerates to Uruguay, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest wood residues, pellets and other agglomerates suppliers to Uruguay were Brazil ($X), Argentina ($X) and Free Zones ($X), together accounting for X% of total imports.

Brazil, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for wood residues, pellets and other agglomerates stood at $X per cubic meter in 2022, surging by X% against the previous year. Over the period under review, the import price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. As a result, import price reached the peak level of $X per cubic meter. From 2014 to 2022, the average import prices remained at a somewhat 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 Free Zones ($X per cubic meter), while the price for Argentina ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :