Price for Non-Furniture Refrigerating or Freezing Equipment in Uruguay - 2023

Contents:

  1. Price for Non-Furniture Refrigerating or Freezing Equipment in Uruguay (CIF) - 2022
  2. Price for Non-Furniture Refrigerating or Freezing Equipment in Uruguay (FOB) - 2022
  3. Imports of Non-Furniture Refrigerating or Freezing Equipment in Uruguay
  4. Exports of Non-Furniture Refrigerating or Freezing Equipment in Uruguay

Price for Non-Furniture Refrigerating or Freezing Equipment in Uruguay (CIF) - 2022

In 2022, the average import price for non-furniture refrigerating or freezing equipment amounted to $166 per unit, waning by -3.9% against the previous year. Over the period under review, the import price saw a mild slump. The most prominent rate of growth was recorded in 2018 an increase of 15%. Over the period under review, average import prices attained the peak figure at $189 per unit in 2020; however, from 2021 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 the United States ($296 per unit), while the price for Brazil ($117 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Non-Furniture Refrigerating or Freezing Equipment in Uruguay (FOB) - 2022

The average export price for non-furniture refrigerating or freezing equipment stood at $167 per unit in 2022, rising by 2.6% against the previous year. Over the period under review, the export price, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2020 an increase of 61% against the previous year. Over the period under review, the average export prices hit record highs at $358 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($554 per unit), while the average price for exports to Paraguay ($128 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (+30.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Furniture Refrigerating or Freezing Equipment in Uruguay

In 2022, approx. 76K units of non-furniture refrigerating or freezing equipment were imported into Uruguay; with a decrease of -3.8% compared with the previous year. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 195%. As a result, imports attained the peak of 79K units, and then dropped modestly in the following year.

In value terms, non-furniture refrigerating or freezing equipment imports shrank to $13M in 2022. Overall, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 171% against the previous year. As a result, imports reached the peak of $14M, and then contracted in the following year.

Import of Non-Furniture Refrigerating or Freezing Equipment in Uruguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1.00.71.84.767.5%
Italy1.21.55.62.324.2%
China1.20.81.11.610.1%
Argentina1.10.20.50.8-10.1%
France0.60.51.60.60.0%
United States1.10.20.90.5-23.1%
South Korea0.10.30.40.571.0%
Spain0.20.40.80.535.7%
Others0.80.30.81.111.2%
Total7.45.013.612.619.4%

Top Suppliers of Non-Furniture Refrigerating or Freezing Equipment to Uruguay in 2022:

  1. Brazil (40.6K units)
  2. China (10.2K units)
  3. Italy (9.1K units)
  4. Argentina (4.1K units)
  5. France (2.6K units)
  6. South Korea (1.9K units)
  7. Spain (1.9K units)
  8. United States (1.8K units)

Exports of Non-Furniture Refrigerating or Freezing Equipment in Uruguay

In 2022, non-furniture refrigerating or freezing equipment exports from Uruguay dropped dramatically to 246 units, falling by -81.7% compared with the previous year's figure. Over the period under review, exports faced a dramatic curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 332% against the previous year. Over the period under review, the exports attained the maximum at 4.4K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-furniture refrigerating or freezing equipment exports dropped dramatically to $41K in 2022. Overall, exports recorded a sharp decrease. The growth pace was the most rapid in 2021 when exports increased by 547% against the previous year. Over the period under review, the exports reached the peak figure at $299K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Non-Furniture Refrigerating or Freezing Equipment in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ParaguayN/A1.61.628.2319.8%
ChileN/AN/AN/A11.10%
United StatesN/AN/AN/A1.80%
Free Zones26.520.2N/AN/A-23.8%
Nicaragua142N/AN/AN/A0%
Argentina130N/AN/AN/A0%
MexicoN/A11.972.8N/A511.8%
ItalyN/AN/A144N/A0%
OthersN/AN/AN/AN/A0%
Total29933.821841.0-48.4%

Top Export Markets for Non-Furniture Refrigerating or Freezing Equipment from Uruguay in 2022:

  1. Paraguay (221.0 units)
  2. Chile (20.0 units)
  3. United States (5.0 units)

Source: IndexBox Market Intelligence Platform

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