Uruguay - Oil Crops - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOil Crops Price in Uruguay - 2022
Contents:
- Oil Crops Price in Uruguay (FOB) - 2022
- Oil Crops Price in Uruguay (CIF) - 2022
- Oil Crops Exports in Uruguay
- Oil Crops Imports in Uruguay
Oil Crops Price in Uruguay (FOB) - 2022
In 2022, the average oil crops export price amounted to $630 per ton, picking up by 24% against the previous year. In general, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, oil crops export price increased by +76.4% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 42%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Bangladesh ($655 per ton) and Free Zones ($627 per ton), while the average price for exports to China ($624 per ton) and Egypt ($626 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Oil Crops Price in Uruguay (CIF) - 2022
The average oil crops import price stood at $941 per ton in 2022, shrinking by -16.9% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 54% against the previous year. As a result, import price reached the peak level of $1,132 per ton, and then shrank remarkably in the following year.
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 Paraguay ($1,882 per ton), while the price for Bolivia ($578 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (-1.2%), while the prices for the other major suppliers experienced a decline.
Oil Crops Exports in Uruguay
In 2022, shipments abroad of oil crops (primary) increased by 76% to 3.4M tons for the first time since 2019, thus ending a two-year declining trend. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +5.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, oil crops exports surged to $2.1B in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Oil Crops in Uruguay (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Free Zones | 651 | 418 | 553 | 1,301 | 26.0% |
China | 365 | 213 | 187 | 324 | -3.9% |
Argentina | 0.5 | 7.7 | N/A | 252 | 695.8% |
Egypt | 21.9 | 56.6 | 95.0 | 80.8 | 54.5% |
Bangladesh | 19.0 | 4.2 | 29.8 | 54.5 | 42.1% |
Others | 115 | 94.8 | 112 | 116 | 0.3% |
Total | 1,172 | 794 | 978 | 2,129 | 22.0% |
Top Export Markets for Oil Crops from Uruguay in 2022:
- Free Zones (2075.0K tons)
- China (519.5K tons)
- Argentina (402.0K tons)
- Egypt (129.0K tons)
- Bangladesh (83.2K tons)
Oil Crops Imports in Uruguay
In 2022, approx. 12K tons of oil crops (primary) were imported into Uruguay; growing by 137% compared with the previous year. In general, imports continue to indicate a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, oil crops imports skyrocketed to $12M in 2022. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Oil Crops in Uruguay (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 3.1 | 3.5 | 4.2 | 8.8 | 41.6% |
Paraguay | 0.4 | 0.2 | 0.5 | 0.8 | 26.0% |
Brazil | 0.2 | 0.1 | 0.1 | 0.3 | 14.5% |
Bolivia | N/A | N/A | N/A | 0.3 | 0% |
Others | 2.0 | 2.2 | 1.1 | 1.5 | -9.1% |
Total | 5.7 | 6.0 | 5.9 | 11.6 | 26.7% |
Top Suppliers of Oil Crops to Uruguay in 2022:
- Argentina (10.8K tons)
- Bolivia (0.5K tons)
- Paraguay (0.4K tons)
- Brazil (0.3K tons)
This report provides an in-depth analysis of the oil crops 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.
Product coverage:
- FCL 249 - Coconuts
- FCL 236 - Soybeans
- FCL 242 - Groundnuts, in shell
- FCL 333 - Linseed
- FCL 270 - Rapeseed or colza seed
- FCL 267 - Sunflower seed
- FCL 289 - Sesame seed
- FCL 292 - Mustard seed
- FCL 296 - Poppy seed
- FCL 265 - Castor Beans
- FCL 336 - Hempseed
- FCL 277 - Jojoba Seeds
- FCL 310 - Kapok fruit
- FCL 263 - Karite Nuts (Sheanuts)
- FCL 299 - Melonseed
- FCL 254 - [Oil palm fruit]
- FCL 339 - Oilseeds nes
- FCL 280 - Safflower seed
- FCL 305 - Tallowtree Seeds
- FCL 275 - Tung Nuts
- FCL 311 - Kapokseed in shell
- FCL 312 - Kapokseed, shelled
- FCL 329 - Cottonseed
Country coverage:
- Uruguay
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Uruguay
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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