Bran, sharps and residues from cereal or legume processing market in Uruguay

Earlier Report Observations

Between 2018 and 2023, the market volume for bran, sharps and residues from cereal or legume processing in Uruguay experienced notable fluctuations. Starting at 428.6 thousand tons in 2018, it dropped to 339.1 thousand tons in 2019, rebounded to 405.7 thousand tons in 2020, then gradually declined to 370.2 thousand tons in 2022 before surging to 456.0 thousand tons in 2023.

The market contraction in 2022 coincided with a consolidation in the wheat milling industry, highlighted by the closure of Molino Nueva Palmira. This reduction in milling capacity likely constrained the supply of cereal processing residues, contributing to the decrease in market volume that year. Meanwhile, a growing focus on valorizing agri-food waste, evident from projects launched in 2021 to transform surpluses into organic and cosmetic products, signaled emerging demand avenues for these materials.

The sharp market expansion in 2023 to its highest level in the period occurred alongside a significant increase in imports, pointing to a recovery in consumption or a shift in supply dynamics.

Production bran, sharps and residues from cereal or legume processing in Uruguay

In kind, 2017-2020, K t

Top producers of bran, sharps and residues from cereal or legume processing, 2017-2020

World map of production of bran, sharps and residues from cereal or legume processing, 2017-2020

Uruguay's production of bran, sharps, and residues from cereal or legume processing increased after a two-year decline. In 2020, the country produced 226.6 K t, marking a slight increase of 1.4% compared to the previous year. However, looking at the period from 2017 to 2020, overall production decreased by 6.3%, which translates to an average annual decline of 2.1%. The lowest production volume was recorded in 2019 at 223.4 K t, while the largest year-on-year drop occurred in 2018 with a decrease of 5.1%.

Annual dynamics of production in Uruguay in kind, 2017-2020, K t

Exports bran, sharps and residues from cereal or legume processing from Uruguay

Exports in kind, K t

Uruguay's exports of bran, sharps, and residues from cereal or legume processing declined for the second year in a row. In 2020, the country exported 37.1 K t, representing a significant decrease of 18.5% from the previous year. Over the four-year span from 2017 to 2020, exports fell by 29.5%, averaging an annual decline of 11.0%. The peak export volume was in 2018 at 52.9 K t, which also saw the largest increase of 0.6% during that period.

Annual dynamics of product's exports from Uruguay in kind, 2017-2020, K t

From 2017 to 2020, Argentina was the dominant destination for Uruguay's exports of bran, sharps, and residues from cereal or legume processing, consistently accounting for 98.1% of the total export volume.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Uruguay in kind, 2017-2020

Exports in value, K $ US

Uruguay's export value of bran, sharps, and residues from cereal or legume processing fell for the second consecutive year. In 2020, exports totaled 409 K $ US, showing a sharp decline of 33.2% compared to 2019. Between 2017 and 2020, the export value dropped by 60%, with an average annual decrease of 26.3%. The highest value was recorded in 2018 at 1 546 K $ US, which also experienced the largest increase of 51.4%. Conversely, the most significant decline occurred in 2019 with a drop of 60.4%.

Annual dynamics of product's exports from Uruguay in value, 2017-2020, K $ US

During the 2017–2020 period, Argentina and Turkey together accounted for 100.0% of Uruguay's export value for bran, sharps, and residues from cereal or legume processing.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Uruguay in value, 2017-2020

Imports bran, sharps and residues from cereal or legume processing to Uruguay

Imports in kind, K t

Uruguay's import volume of bran, sharps, and residues from cereal or legume processing saw a substantial increase in 2020, reaching 216.1 K t, which is a steep rise of 34.1% from 2019. Over the 2017–2020 timeframe, imports grew by 13%, with a compound annual growth rate of 4.2%. The lowest import volume was in 2019 at 161.2 K t, while the highest was in 2018 at 252.0 K t. The largest decline occurred in 2019 with a decrease of 36.0%.

Annual dynamics of product's imports to Uruguay in kind, 2017-2020, K t

From 2017 to 2020, Argentina and Paraguay were the primary sources for Uruguay's imports of bran, sharps, and residues from cereal or legume processing, jointly making up 98.8% of the total import volume, with other countries contributing only minor shares.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Uruguay in kind, 2017-2020

Imports in value, K $ US

The import value of bran, sharps, and residues from cereal or legume processing in Uruguay showed notable volatility during these years. The highest value was recorded in 2018 at 44 113 K $ US, while the lowest was in 2019 at 22 921 K $ US, resulting in a peak-to-trough ratio of 1.9 times. In 2020, imports surged to 35 004 K $ US, indicating a significant increase of 52.7% compared to 2019. The largest decline occurred in 2019 with a drop of 48.0%, whereas the largest increase was in 2018 with a rise of 73.7%.

Annual dynamics of product's imports to Uruguay in value, 2017-2020, K $ US

Over the 2017–2020 period, Argentina and Paraguay accounted for the majority of Uruguay's import value for bran, sharps, and residues from cereal or legume processing, with other markets playing a relatively minor role.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Uruguay in value, 2017-2020