Uruguay: Hot-Dipped Metal-Coated Sheet Market 2024

Hot-Dipped Metal-Coated Sheet Market Size in Uruguay

In 2022, after two years of growth, there was significant decline in the Uruguayan hot-dipped metal-coated sheet market, when its value decreased by X% to $X. In general, the total consumption indicated measured growth 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 2019 indices. As a result, consumption reached the peak level of $X, and then dropped in the following year.

Hot-Dipped Metal-Coated Sheet Exports

Exports from Uruguay

In 2022, the amount of hot-dipped metal-coated sheet exported from Uruguay soared to X tons, with an increase of X% compared with 2021 figures. Overall, exports, however, showed a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, hot-dipped metal-coated sheet exports declined remarkably to $X in 2022. In general, exports, however, faced a dramatic downturn. The growth pace was the most rapid in 2020 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Pakistan (X tons) was the main destination for hot-dipped metal-coated sheet exports from Uruguay, accounting for a X% share of total exports. Moreover, hot-dipped metal-coated sheet exports to Pakistan exceeded the volume sent to the second major destination, Argentina (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume to Pakistan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (X% per year) and Brazil (X% per year).

In value terms, Argentina ($X) remains the key foreign market for hot-dipped metal-coated sheet exports from Uruguay, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Argentina amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and Pakistan (X% per year).

Export Prices by Country

In 2022, the average hot-dipped metal-coated sheet export price amounted to $X per ton, declining by X% against the previous year. Overall, the export price faced a abrupt decline. The most prominent rate of growth was recorded in 2019 an increase of X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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 ($X per ton), while the average price for exports to Pakistan ($X per ton) was amongst the lowest.

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

Hot-Dipped Metal-Coated Sheet Imports

Imports into Uruguay

After two years of growth, overseas purchases of hot-dipped metal-coated sheet decreased by X% to X tons in 2022. 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 pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then shrank remarkably in the following year.

In value terms, hot-dipped metal-coated sheet imports reduced to $X in 2022. Over the period under review, imports, however, saw perceptible growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

Mexico (X tons), China (X tons) and Brazil (X tons) were the main suppliers of hot-dipped metal-coated sheet imports to Uruguay, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest hot-dipped metal-coated sheet suppliers to Uruguay were Mexico ($X), China ($X) and Brazil ($X), together accounting for X% of total imports.

In terms of the main suppliers, Brazil, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average hot-dipped metal-coated sheet import price amounted to $X per ton, growing by X% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price 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, hot-dipped metal-coated sheet import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of X%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

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 Brazil ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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