Uruguay: Market for Plastics Tubes, Pipes And Hoses, And Fitting 2024

Market Size for Plastics Tubes, Pipes And Hoses, And Fitting in Uruguay

In 2023, the Uruguayan plastic pipe and hose market increased by X% to $X, rising for the fifth year in a row after two years of decline. Over the period under review, the total consumption indicated a modest increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2018 indices. As a result, consumption attained the peak level of $X. From 2014 to 2023, the growth of the market remained at a lower figure.

Production of Plastics Tubes, Pipes And Hoses, And Fitting in Uruguay

In value terms, plastic pipe and hose production reached $X in 2023 estimated in export price. In general, production showed a slight decline. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Plastic pipe and hose production peaked at $X in 2014; however, from 2015 to 2023, production stood at a somewhat lower figure.

Exports of Plastics Tubes, Pipes And Hoses, And Fitting

Exports from Uruguay

In 2023, approx. X tons of plastics tubes, pipes and hoses, and fitting were exported from Uruguay; rising by X% compared with the year before. In general, exports, however, faced a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, plastic pipe and hose exports soared to $X in 2023. Over the period under review, exports, however, faced a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

Free Zones (X tons) was the main destination for plastic pipe and hose exports from Uruguay, with a X% share of total exports. Moreover, plastic pipe and hose exports to Free Zones exceeded the volume sent to the second major destination, Argentina (X tons), threefold. The third position in this ranking was held by Brazil (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Free Zones stood at X%. 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, Free Zones ($X) remains the key foreign market for plastics tubes, pipes and hoses, and fitting exports from Uruguay, comprising X% of total exports. The second position in the ranking was held by Argentina ($X), with a X% share of total exports. It was followed by Brazil, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Free Zones stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (X% per year) and Brazil (X% per year).

Export Prices by Country

The average plastic pipe and hose export price stood at $X per ton in 2023, shrinking by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2022 an increase of X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2023, 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 Paraguay ($X per ton), while the average price for exports to Argentina ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastics Tubes, Pipes And Hoses, And Fitting

Imports into Uruguay

In 2023, the amount of plastics tubes, pipes and hoses, and fitting imported into Uruguay soared to X tons, increasing by X% compared with the year before. Overall, total imports indicated tangible growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, plastic pipe and hose imports soared to $X in 2023. Over the period under review, total imports indicated a moderate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2023, the growth of imports remained at a lower figure.

Imports by Country

Argentina (X tons), Brazil (X tons) and China (X tons) were the main suppliers of plastic pipe and hose imports to Uruguay, together accounting for X% of total imports. Spain, Paraguay, Chile, Turkey, Italy and the United States lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic pipe and hose suppliers to Uruguay were Argentina ($X), Brazil ($X) and China ($X), together accounting for X% of total imports. Spain, Chile, Italy, Paraguay, Turkey and the United States lagged somewhat behind, together comprising a further X%.

Turkey, 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 more modest paces of growth.

Import Prices by Country

In 2023, the average plastic pipe and hose import price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. The import price peaked at $X per ton in 2015; however, from 2016 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform