Price for Machinery; Parts of Machinery of Heading No. 8422 in Uruguay - 2022

Contents:

1. Price for Machinery; Parts of Machinery of Heading No. 8422 in Uruguay (CIF) - 2022
2. Price for Machinery; Parts of Machinery of Heading No. 8422 in Uruguay (FOB) - 2022
3. Imports of Machinery; Parts of Machinery of Heading No. 8422 in Uruguay
4. Exports of Machinery; Parts of Machinery of Heading No. 8422 in Uruguay

Price for Machinery; Parts of Machinery of Heading No. 8422 in Uruguay (CIF) - 2022

In 2022, the average import price for machinery; parts of machinery of heading no. 8422 amounted to $96,146 per ton, increasing by 8.4% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 67% against the previous year. As a result, import price reached the peak level of $141,639 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($220,473 per ton), while the price for China ($56,862 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machinery; Parts of Machinery of Heading No. 8422 in Uruguay (FOB) - 2022

In 2022, the average export price for machinery; parts of machinery of heading no. 8422 amounted to $95,911 per ton, with an increase of 50% against the previous year. In general, the export price, however, continues to indicate a deep slump. The pace of growth appeared the most rapid in 2017 when the average export price increased by 55% against the previous year. The export price peaked at $231,176 per ton in 2012; however, from 2013 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 Bolivia ($174,756 per ton), while the average price for exports to Argentina ($27,284 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 Colombia (+1.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machinery; Parts of Machinery of Heading No. 8422 in Uruguay

In 2022, after three years of growth, there was significant decline in purchases abroad of machinery; parts of machinery of heading no. 8422, when their volume decreased by -22.2% to 32 tons. Over the period under review, imports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2021 when imports increased by 52%. As a result, imports attained the peak of 41 tons, and then reduced sharply in the following year.

In value terms, imports of machinery; parts of machinery of heading no. 8422 shrank markedly to $3.1M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.7% 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 +22.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 45% against the previous year. As a result, imports attained the peak of $3.6M, and then shrank significantly in the following year.

Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to Uruguay in 2022:

1. Italy (10.7 tons)
2. Argentina (6.3 tons)
3. Spain (3.4 tons)
4. China (2.7 tons)
5. Germany (1.7 tons)
6. Brazil (1.5 tons)
7. United States (1.4 tons)
8. Austria (0.8 tons)
9. France (0.7 tons)

Exports of Machinery; Parts of Machinery of Heading No. 8422 in Uruguay

In 2022, overseas shipments of machinery; parts of machinery of heading no. 8422 decreased by -8.4% to 404 kg, falling for the second consecutive year after two years of growth. In general, exports saw a perceptible descent. The most prominent rate of growth was recorded in 2020 with an increase of 86%. As a result, the exports attained the peak of 826 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of machinery; parts of machinery of heading no. 8422 skyrocketed to $39K in 2022. Over the period under review, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of 97% against the previous year. As a result, the exports reached the peak of $129K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from Uruguay in 2022:

1. Argentina (218.0 kg)
2. Bolivia (131.0 kg)
3. Paraguay (54.0 kg)
4. Peru (1.0 kg)

Source: IndexBox Market Intelligence Platform