Price for Agriculture or Forestry Hand Tools in Uruguay - 2022

Contents:

1. Price for Agriculture or Forestry Hand Tools in Uruguay (CIF) - 2022
2. Price for Agriculture or Forestry Hand Tools in Uruguay (FOB) - 2022
3. Imports of Agriculture or Forestry Hand Tools in Uruguay
4. Exports of Agriculture or Forestry Hand Tools in Uruguay

Price for Agriculture or Forestry Hand Tools in Uruguay (CIF) - 2022

The average import price for agriculture or forestry hand toolses stood at $4,309 per ton in 2022, waning by -7.3% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 20%. Over the period under review, average import prices reached the peak figure at $4,779 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($6,198 per ton), while the price for Colombia ($3,303 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Agriculture or Forestry Hand Tools in Uruguay (FOB) - 2022

The average export price for agriculture or forestry hand toolses stood at $7,951 per ton in 2022, with a decrease of -4.2% against the previous year. Overall, the export price saw a noticeable downturn. The growth pace was the most rapid in 2015 an increase of 60%. Over the period under review, the average export prices reached the maximum at $18,290 per ton in 2013; however, from 2014 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 Slovenia.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +82.9% per year.

Imports of Agriculture or Forestry Hand Tools in Uruguay

In 2022, the amount of agriculture or forestry hand toolses imported into Uruguay shrank to 316 tons, with a decrease of -11% compared with the previous year's figure. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 28%. As a result, imports reached the peak of 356 tons, and then shrank in the following year.

In value terms, agriculture or forestry hand tools imports contracted remarkably to $1.4M in 2022. In general, total imports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +4.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. As a result, imports attained the peak of $1.7M, and then shrank sharply in the following year.

Top Suppliers of Agriculture or Forestry Hand Tools to Uruguay in 2022:

1. Brazil (169.1 tons)
2. China (59.4 tons)
3. Mexico (50.0 tons)
4. Argentina (13.4 tons)
5. Colombia (8.2 tons)
6. Taiwan (Chinese) (7.8 tons)

Exports of Agriculture or Forestry Hand Tools in Uruguay

In 2022, the amount of agriculture or forestry hand toolses exported from Uruguay skyrocketed to 81 kg, with an increase of 710% compared with the previous year. Over the period under review, exports saw noticeable growth.

In value terms, agriculture or forestry hand tools exports skyrocketed to $644 in 2022. In general, exports, however, continue to indicate a perceptible decrease.

Top Export Markets for Agriculture or Forestry Hand Tools from Uruguay in 2022:

1. Slovenia (81.0 kg)

Source: IndexBox Market Intelligence Platform