Report Update: Apr 1, 2024

Uruguay - Electrical Insulating Fittings Of Plastics - Market Analysis, Forecast, Size, Trends and Insights

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Electrical Insulating Fittings Price in Uruguay - 2022

Electrical Insulating Fittings Price in Uruguay (CIF) - 2022

In 2022, the average electrical insulating fittings import price amounted to $9,264 per ton, increasing by 11% against the previous year. Overall, the import price, however, showed a deep contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 46%. Over the period under review, average import prices reached the maximum at $19,274 per ton in 2012; however, from 2013 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 the Czech Republic ($86,333 per ton), while the price for China ($2,718 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Electrical Insulating Fittings Price in Uruguay (FOB) - 2022

The average electrical insulating fittings export price stood at $54,333 per ton in 2022, picking up by 199% against the previous year. In general, the export price recorded a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Free Zones ($80,000 per ton), while the average price for exports to Brazil stood at $3,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Insulating Fittings Imports in Uruguay

Electrical insulating fittings imports into Uruguay soared to 12 tons in 2022, jumping by 50% on 2021. Overall, imports posted a prominent expansion. The growth pace was the most rapid in 2020 with an increase of 2,298% against the previous year. As a result, imports reached the peak of 209 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, electrical insulating fittings imports soared to $112K in 2022. Over the period under review, imports, however, continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 3,074% against the previous year. As a result, imports attained the peak of $3.9M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Electrical Insulating Fittings in Uruguay (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Argentina	0.6	67.4	0.9	25.3	248.1%
Germany	0.3	9.2	0.2	19.1	299.3%
China	0.4	22.1	0.2	13.9	226.3%
Italy	0.4	13.2	0.1	9.3	185.4%
Hong Kong SAR	N/A	N/A	N/A	8.2	0%
Brazil	0.2	8.3	0.1	3.3	154.6%
Thailand	8.6	188	4.1	N/A	-31.0%
Japan	94.4	3,324	51.1	N/A	-26.4%
Others	17.1	239	10.8	32.9	24.4%
Total	122	3,871	67.4	112	-2.8%

Top Suppliers of Electrical Insulating Fittings to Uruguay in 2022:

China (5.1 tons)
Argentina (4.7 tons)
Brazil (0.7 tons)
Hong Kong SAR (0.5 tons)
Italy (0.4 tons)
Germany (0.4 tons)

Electrical Insulating Fittings Exports in Uruguay

For the third year in a row, Uruguay recorded decline in overseas shipments of electrical insulating fittings of plastics, which decreased by -98.1% to 3 kg in 2022. In general, exports saw a significant decrease. The smallest decline of -18.1% was in 2021.

In value terms, electrical insulating fittings exports dropped dramatically to $163 in 2022. Overall, exports recorded a significant decline. The smallest decline of -19.6% was in 2021.

Export of Electrical Insulating Fittings in Uruguay (USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Free Zones	8.0	3.0	3.0	160	171.4%
Brazil	29.0	3.0	1.0	3.0	-53.1%
Ecuador	578	202	155	N/A	-48.2%
Nicaragua	1,246	401	284	N/A	-52.3%
Dominican Republic	3,181	1,180	965	N/A	-44.9%
Spain	1,271	398	275	N/A	-53.5%
Panama	767	312	279	N/A	-39.7%
Bolivia	2,229	867	742	N/A	-42.3%
Others	217	113	93.0	N/A	-34.5%
Total	9,526	3,479	2,797	163	-74.2%

Top Export Markets for Electrical Insulating Fittings from Uruguay in 2022:

Free Zones (2.0 kg)
Brazil (1.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electrical insulating fittings 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 27331430 - Insulating fittings of plastic, for electrical machines, a ppliances or equipment (excluding electrical insulators)

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