Report Update: May 1, 2024

Uruguay - Base Metal Cored Wire For Electric Arc-Welding - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Cored Arc-Welding Wire Price in Uruguay - 2022

Cored Arc-Welding Wire Price in Uruguay (CIF) - 2022

The average cored arc-welding wire import price stood at $2,703 per ton in 2022, surging by 5.3% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 25%. The import price peaked at $3,457 per ton in 2013; however, from 2014 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 South Korea ($14,570 per ton), while the price for Taiwan (Chinese) ($2,053 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Cored Arc-Welding Wire Price in Uruguay (FOB) - 2022

In 2022, the average cored arc-welding wire export price amounted to $16,083 per ton, with an increase of 87% against the previous year. In general, the export price enjoyed a prominent increase. The pace of growth appeared the most rapid in 2014 an increase of 153%. Over the period under review, the average export prices hit record highs at $32,723 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($23,748 per ton), while the average price for exports to North Macedonia ($2,460 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+12.2%), while the prices for the other major destinations experienced mixed trend patterns.

Cored Arc-Welding Wire Imports in Uruguay

In 2022, the amount of cored arc-welding wire imported into Uruguay contracted to 222 tons, remaining relatively unchanged against 2021 figures. In general, imports, however, posted a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 126%. As a result, imports attained the peak of 224 tons, leveling off in the following year.

In value terms, cored arc-welding wire imports expanded slightly to $601K in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 130% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.

Import of Cored Arc-Welding Wire in Uruguay (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	89.7	120	188	241	39.0%
Argentina	46.1	26.3	54.9	161	51.7%
Brazil	70.6	17.9	72.1	91.1	8.9%
Taiwan (Chinese)	10.7	31.5	31.2	58.3	76.0%
Turkey	24.5	11.6	17.8	26.7	2.9%
Lithuania	N/A	N/A	18.1	N/A	0%
Others	30.0	42.0	193	22.9	-8.6%
Total	272	250	575	601	30.2%

Top Suppliers of Cored Arc-Welding Wire to Uruguay in 2022:

China (116.8 tons)
Argentina (54.8 tons)
Taiwan (Chinese) (28.4 tons)
Brazil (11.9 tons)
Turkey (9.0 tons)

Cored Arc-Welding Wire Exports in Uruguay

In 2022, the amount of cored arc-welding wire exported from Uruguay shrank notably to 362 kg, falling by -69.2% on 2021 figures. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,051%. As a result, the exports attained the peak of 1.2 tons, and then contracted dramatically in the following year.

In value terms, cored arc-welding wire exports dropped dramatically to $5.8K in 2022. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 558% against the previous year. As a result, the exports reached the peak of $10K, and then dropped remarkably in the following year.

Export of Cored Arc-Welding Wire in Uruguay (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Serbia	1.7	1.5	1.6	5.4	47.0%
North Macedonia	0.1	0.1	0.1	0.2	26.0%
Slovakia	N/A	N/A	0.1	0.2	100.0%
Canada	N/A	N/A	8.4	N/A	0%
Others	N/A	N/A	N/A	N/A	0%
Total	1.9	1.5	10.1	5.8	45.1%

Top Export Markets for Cored Arc-Welding Wire from Uruguay in 2022:

Serbia (225.0 kg)
North Macedonia (101.0 kg)
Slovakia (36.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cored arc-welding wire 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:

Prodcom 25931530 - Base metal cored wire for electric arc-welding (excluding wire and rods of cored solder, the solder consisting of an alloy containing 2 % or more by weight, of any one precious metal)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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