Uruguay: Man-Made Filament Fabric Market 2024

Man-Made Filament Fabric Market Size in Uruguay

The Uruguayan man-made filament fabric market stood at $X in 2022, remaining stable against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Man-made filament fabric consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Man-Made Filament Fabric Production in Uruguay

In value terms, man-made filament fabric production dropped to $X in 2022 estimated in export price. In general, production faced a abrupt descent. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Man-Made Filament Fabric Exports

Exports from Uruguay

Man-made filament fabric exports from Uruguay skyrocketed to X square meters in 2022, with an increase of X% against the previous year's figure. In general, exports, however, recorded a abrupt setback. The exports peaked at X square meters in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, man-made filament fabric exports surged to $X in 2022. Over the period under review, exports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Argentina (X square meters) was the main destination for man-made filament fabric exports from Uruguay, with a X% share of total exports. Moreover, man-made filament fabric exports to Argentina exceeded the volume sent to the second major destination, Brazil (X square meters), fourfold. Guatemala (X square meters) ranked third in terms of total exports with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Argentina totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and Guatemala (X% per year).

In value terms, Argentina ($X) remains the key foreign market for woven fabrics of man-made filaments and staple fibers exports from Uruguay, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with an X% share of total exports. It was followed by Guatemala, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Argentina totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and Guatemala (X% per year).

Export Prices by Country

In 2021, the average man-made filament fabric export price amounted to $X per square meter, rising by X% against the previous year. Over the period under review, the export price, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2018 an increase of X%. The export price peaked at $X per square meter in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (X%), while the prices for the other major destinations experienced a decline.

Man-Made Filament Fabric Imports

Imports into Uruguay

In 2022, after three years of growth, there was decline in purchases abroad of woven fabrics of man-made filaments and staple fibers, when their volume decreased by X% to X square meters. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports hit record highs at X square meters in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, man-made filament fabric imports reached $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2021, China (X square meters) constituted the largest man-made filament fabric supplier to Uruguay, with a X% share of total imports. Moreover, man-made filament fabric imports from China exceeded the figures recorded by the second-largest supplier, India (X square meters), fourfold. The third position in this ranking was taken by the Philippines (X square meters), with a X% share.

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

In value terms, China ($X) constituted the largest supplier of woven fabrics of man-made filaments and staple fibers to Uruguay, comprising X% of total imports. The second position in the ranking was taken by the Philippines ($X), with an X% share of total imports. It was followed by Romania, with a X% share.

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

Import Prices by Country

In 2021, the average man-made filament fabric import price amounted to $X per square meter, growing by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per square meter in 2012; afterwards, it flattened through to 2021.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Romania ($X per square meter), while the price for Indonesia ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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