Sucrose in solid form market in Uruguay

Earlier Report Observations

The market volume for sucrose in solid form in Uruguay showed considerable variation from 2018 to 2023. After reaching 128 678 t in 2018, it fell to 114 233 t in 2019, then recovered to 120 468 t in 2020 before declining again to 112 574 t in 2021. A period of stabilization followed in 2022 at 113 026 t, but a sharp contraction occurred in 2023, bringing the market down to 90 656 t.

Industry structure and regulatory developments influenced the market environment. The stability seen in 2022 aligned with the diversified operations of chemical producer ISUSA, which bolstered the local chemical sector's resilience, and the implementation of stricter occupational safety and health regulations for handling chemical substances. By 2024, the sector continued to be shaped by environmental emission standards active since 2021 and the persistent labeling and safe-handling rules established under Decreto 307/009, while established firms like Química SA and Linovell S.A. maintained a consolidated market presence.

Production sucrose in solid form in Uruguay

In kind, 2017-2020, t

Top producers of sucrose in solid form, 2017-2020

World map of production of sucrose in solid form, 2017-2020

Uruguay produced 60,443 tonnes of solid sucrose in 2020, marking a 6.1% decrease from the previous year. Over the period from 2017 to 2020, production grew by 7.1%, which translates to an average annual increase of 2.3%. The lowest production level was recorded in 2018 at 55,718 tonnes, while the highest was in 2019 at 64,372 tonnes. The most significant year-on-year growth occurred in 2019, with a 15.5% rise.

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

Exports sucrose in solid form from Uruguay

Exports in kind, t

The market exhibited notable volatility during the observed period. Export volumes reached their lowest point in 2018 at just 5 tonnes, before surging to a peak of 4,413 tonnes in 2020—an 829-fold increase. In 2020, Uruguay's solid sucrose exports totaled 4,413 tonnes, representing a substantial 164.2% jump compared to the previous year. The sharpest decline was recorded in 2018 at 90.8%, while the largest increase occurred in 2019 with a remarkable 31,265.4% growth.

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

From 2017 to 2020, Uruguay's export destinations for solid sucrose were highly concentrated, with Free Zones accounting for 99.9% of total export volumes.

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

The market demonstrated significant volatility throughout the period. Export values hit their lowest point in 2018 at 7 thousand US dollars, then climbed to a peak of 2,059 thousand US dollars in 2020—a 304-fold difference. In 2020, Uruguay's solid sucrose export value reached 2,059 thousand US dollars, reflecting a sharp 167.1% increase over the previous year. The most pronounced decline was in 2018 at 84.1%, while the largest surge occurred in 2019 with an 11,280.1% rise.

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

Between 2017 and 2020, Free Zones dominated Uruguay's solid sucrose exports in value terms, consistently representing 99.7% of total export flows.

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

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

Imports sucrose in solid form to Uruguay

Imports in kind, t

In 2020, Uruguay imported 64,438 tonnes of solid sucrose, showing a 25.0% increase from the previous year. Over the 2017-2020 period, imports declined by 10.3%, corresponding to an average annual decrease of 3.6%. The lowest import volume was recorded in 2019 at 51,532 tonnes, while the highest was in 2018 at 72,965 tonnes. The most significant drop occurred in 2019, with a 29.4% reduction.

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

From 2017 to 2020, Brazil was the primary source for Uruguay's solid sucrose imports, accounting for 83.4% of total import volumes, with the remainder distributed among other countries.

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

Following a two-year decline, Uruguay's solid sucrose imports rebounded in 2020, reaching 24,457 thousand US dollars—a strong 20.8% increase over the previous year. Over the 2017-2020 period, import values fell by 30.1%, equating to an average annual decline of 11.2%. The lowest value was recorded in 2019 at 20,254 thousand US dollars, with the sharpest decrease that year at 32.4%.

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

Throughout 2017-2020, Brazil was the central partner for Uruguay's solid sucrose imports in value terms, holding an 82.7% share of total flows, while other markets played a smaller role.

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

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