Uruguay - Industrial Non-Automatic Sewing Machines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Uruguay - Industrial Non-Automatic Sewing Machines - Market Analysis, Forecast, Size, Trends And Insights

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Price for Industrial Sewing Machines (Non-Automatic) in Uruguay - 2022

Contents:

  1. Price for Industrial Sewing Machines (Non-Automatic) in Uruguay (CIF) - 2022
  2. Price for Industrial Sewing Machines (Non-Automatic) in Uruguay (FOB) - 2022
  3. Imports of Industrial Sewing Machines (Non-Automatic) in Uruguay
  4. Exports of Industrial Sewing Machines (Non-Automatic) in Uruguay

Price for Industrial Sewing Machines (Non-Automatic) in Uruguay (CIF) - 2022

In 2022, the average industrial sewing machines (non-automatic) import price amounted to $281 per unit, with a decrease of -33.5% against the previous year. Over the period under review, the import price saw a abrupt decline. The pace of growth was the most pronounced in 2016 an increase of 84% against the previous year. Over the period under review, average import prices reached the peak figure at $617 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 Turkey ($1,538 per unit), while the price for Hong Kong SAR ($70 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.4%), while the prices for the other major suppliers experienced a decline.

Price for Industrial Sewing Machines (Non-Automatic) in Uruguay (FOB) - 2022

In 2022, the average industrial sewing machines (non-automatic) export price amounted to $853 per unit, dropping by -34.1% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 135%. The export price peaked at $2,884 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Argentina.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +34.5% per year.

Imports of Industrial Sewing Machines (Non-Automatic) in Uruguay

For the fourth year in a row, Uruguay recorded growth in purchases abroad of industrial sewing machines (non-automatic), which increased by 119% to 632 units in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, industrial sewing machines (non-automatic) imports skyrocketed to $177K in 2022. Overall, imports saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 66% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Import of Industrial Sewing Machines (Non-Automatic) in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.74.812.684.7215.4%
United States46.421.126.346.40.0%
Japan1.10.71.618.7157.1%
Turkey1.61.43.016.9119.4%
Hong Kong SARN/AN/AN/A3.50%
Others22.245.578.37.2-31.3%
Total74.073.512217733.7%

Top Suppliers of Industrial Sewing Machines (Non-Automatic) to Uruguay in 2022:

  1. China (305.0 units)
  2. United States (142.0 units)
  3. Japan (117.0 units)
  4. Hong Kong SAR (50.0 units)
  5. Turkey (11.0 units)

Exports of Industrial Sewing Machines (Non-Automatic) in Uruguay

For the fourth consecutive year, Uruguay recorded growth in overseas shipments of industrial sewing machines (non-automatic), which increased by 120% to 110 units in 2022. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 285%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, industrial sewing machines (non-automatic) exports soared to $94K in 2022. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 390%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Industrial Sewing Machines (Non-Automatic) in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina0.33.519.393.8578.7%
Netherlands0.81.19.3N/A241.0%
United States0.98.535.5N/A528.0%
Others6.40.20.6N/A-69.4%
Total8.413.264.793.8123.5%

Top Export Markets for Industrial Sewing Machines (Non-Automatic) from Uruguay in 2022:

  1. Argentina (110.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for industrial sewing machines (non-automatic) 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:

  • Prodcom 28942450 - Industrial sewing machines (excluding book-sewing machines, automatic machines)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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