Price for Machinery; Parts of the Machinery of Heading No. 8425 in Uruguay - 2023

Contents:

  1. Price for Machinery; Parts of the Machinery of Heading No. 8425 in Uruguay (CIF) - 2022
  2. Price for Machinery; Parts of the Machinery of Heading No. 8425 in Uruguay (FOB) - 2022
  3. Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Uruguay
  4. Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Uruguay

Price for Machinery; Parts of the Machinery of Heading No. 8425 in Uruguay (CIF) - 2022

In 2022, the average import price for machinery; parts of the machinery of heading no. 8425 amounted to $14,003 per ton, remaining stable against the previous year. Over the period under review, the import price, however, enjoyed a pronounced increase. The pace of growth appeared the most rapid in 2014 an increase of 116% against the previous year. Over the period under review, average import prices attained the maximum at $20,416 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Germany ($34,570 per ton), while the price for China ($7,574 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machinery; Parts of the Machinery of Heading No. 8425 in Uruguay (FOB) - 2022

In 2022, the average export price for machinery; parts of the machinery of heading no. 8425 amounted to $70,857 per ton, remaining constant against the previous year. Over the period under review, the export price posted a strong expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 298% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Denmark.

From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to +75.4% per year.

Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Uruguay

In 2022, approx. 9.7 tons of machinery; parts of the machinery of heading no. 8425 were imported into Uruguay; jumping by 81% on the previous year. Overall, imports, however, showed a mild setback.

In value terms, imports of machinery; parts of the machinery of heading no. 8425 soared to $136K in 2022. Over the period under review, imports recorded a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Machinery; Parts of the Machinery of Heading No. 8425 in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany40.620.519.142.91.9%
China24.78.811.431.88.8%
Brazil3.61.26.427.897.7%
France2.52.52.613.073.2%
Italy3.25.110.79.242.2%
Spain3.315.86.03.73.9%
Argentina5.31.43.50.5-54.5%
Others23.75.316.87.3-32.5%
Total10760.776.41368.3%

Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Uruguay in 2022:

  1. China (4.2 tons)
  2. Brazil (2.7 tons)
  3. Germany (1.2 tons)
  4. Italy (0.7 tons)
  5. France (0.4 tons)
  6. Argentina (0.1 tons)
  7. Spain (0.1 tons)

Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Uruguay

In 2022, overseas shipments of machinery; parts of the machinery of heading no. 8425 decreased by 0% to 7 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 412,435% against the previous year. As a result, the exports reached the peak of 140 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of machinery; parts of the machinery of heading no. 8425 amounted to $496 in 2022. In general, exports posted resilient growth. The most prominent rate of growth was recorded in 2020 when exports increased by 278,464%. As a result, the exports attained the peak of $833K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Machinery; Parts of the Machinery of Heading No. 8425 in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
DenmarkN/A2.2N/A0.5-52.3%
ItalyN/A825N/AN/A0%
Others0.35.2N/AN/A1633.3%
Total0.3833N/A0.518.6%

Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from Uruguay in 2022:

  1. Denmark (7.0 kg)

Source: IndexBox Market Intelligence Platform

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