Price for Embroidery; in the Piece, in Strips or in Motifs in Uruguay - 2022

Contents:

  1. Price for Embroidery; in the Piece, in Strips or in Motifs in Uruguay (CIF) - 2022
  2. Price for Embroidery; in the Piece, in Strips or in Motifs in Uruguay (FOB) - 2022
  3. Imports of Embroidery; in the Piece, in Strips or in Motifs in Uruguay
  4. Exports of Embroidery; in the Piece, in Strips or in Motifs in Uruguay

Price for Embroidery; in the Piece, in Strips or in Motifs in Uruguay (CIF) - 2022

In 2022, the average import price for embroidery; in the piece, in strips or in motifses amounted to $12,227 per ton, declining by -10.6% against the previous year. In general, the import price saw a pronounced shrinkage. The growth pace was the most rapid in 2015 an increase of 53% against the previous year. As a result, import price reached the peak level of $30,492 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Myanmar ($100,413 per ton), while the price for Argentina ($7,698 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Embroidery; in the Piece, in Strips or in Motifs in Uruguay (FOB) - 2022

The average export price for embroidery; in the piece, in strips or in motifses stood at $6,333 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price continues to indicate a dramatic downturn. The export price peaked at $41,250 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($18,000 per ton), while the average price for exports to France ($1,000 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+36.9%), while the prices for the other major destinations experienced a decline.

Imports of Embroidery; in the Piece, in Strips or in Motifs in Uruguay

In 2022, imports of embroidery; in the piece, in strips or in motifses into Uruguay soared to 17 tons, increasing by 70% compared with 2021. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of embroidery; in the piece, in strips or in motifses surged to $202K in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.3% 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 +82.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Embroidery; in the Piece, in Strips or in Motifs in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China65.537.982.015934.4%
Myanmar16.230.118.010.9-12.4%
Argentina6.20.20.71.2-42.2%
Brazil14.76.82.40.3-72.7%
Hong Kong SAR5.84.64.1N/A-15.9%
Indonesia8.67.16.4N/A-13.7%
Others37.824.119.330.8-6.6%
Total1551111332029.2%

Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Uruguay in 2022:

  1. China (15.8 tons)
  2. Argentina (0.2 tons)
  3. Myanmar (0.1 tons)

Exports of Embroidery; in the Piece, in Strips or in Motifs in Uruguay

In 2022, approx. 30 kg of embroidery; in the piece, in strips or in motifses were exported from Uruguay; dropping by -49.2% on the previous year. In general, exports saw a dramatic setback.

In value terms, exports of embroidery; in the piece, in strips or in motifses contracted sharply to $190 in 2022. Overall, exports faced a dramatic decrease.

Export of Embroidery; in the Piece, in Strips or in Motifs in Uruguay (USD)
COUNTRY20212022CAGR,
2021-2022
Mexico252124-50.8%
El Salvador82.045.0-45.1%
United States38.018.0-52.6%
France1.01.00.0%
Germany1.01.00.0%
Spain1.01.00.0%
Others1.0N/A0%
Total376190-49.5%

Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Uruguay in 2022:

  1. Mexico (23.0 kg)
  2. El Salvador (3.0 kg)
  3. France (1.0 kg)
  4. United States (1.0 kg)
  5. Germany (1.0 kg)
  6. Spain (1.0 kg)

Source: IndexBox Market Intelligence Platform

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