Price for Railway or Tramway Track Constructions of Iron or Steel in Uruguay - 2023

Contents:

1. Price for Railway or Tramway Track Constructions of Iron or Steel in Uruguay (CIF) - 2022
2. Price for Railway or Tramway Track Constructions of Iron or Steel in Uruguay (FOB) - 2022
3. Imports of Railway or Tramway Track Constructions of Iron or Steel in Uruguay
4. Exports of Railway or Tramway Track Constructions of Iron or Steel in Uruguay

Price for Railway or Tramway Track Constructions of Iron or Steel in Uruguay (CIF) - 2022

The average import price for railway or tramway track constructions of iron or steel stood at $6,684 per ton in 2022, rising by 88% against the previous year. Over the period under review, the import price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 160%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

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 India ($24,436 per ton), while the price for the United States ($1,737 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Railway or Tramway Track Constructions of Iron or Steel in Uruguay (FOB) - 2022

In 2022, the average export price for railway or tramway track constructions of iron or steel amounted to $1,186 per ton, dropping by -16.9% against the previous year. In general, the export price, however, showed significant growth. The most prominent rate of growth was recorded in 2021 an increase of 103%. The export price peaked at $19,750 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($4,006 per ton), while the average price for exports to France ($678 per ton) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+5.9%).

Imports of Railway or Tramway Track Constructions of Iron or Steel in Uruguay

In 2022, supplies from abroad of railway or tramway track constructions of iron or steel decreased by -61.1% to 1.8K tons, falling for the second year in a row after two years of growth. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 222,291% against the previous year. As a result, imports reached the peak of 40K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of railway or tramway track constructions of iron or steel shrank sharply to $12M in 2022. Over the period under review, imports, however, saw significant growth. The growth pace was the most rapid in 2020 with an increase of 114,909%. As a result, imports attained the peak of $55M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Uruguay in 2022:

1. Thailand (635.3 tons)
2. Germany (564.7 tons)
3. Spain (204.3 tons)
4. India (131.8 tons)
5. China (81.7 tons)
6. Canada (78.8 tons)
7. United States (41.9 tons)

Exports of Railway or Tramway Track Constructions of Iron or Steel in Uruguay

In 2022, approx. 3.9 tons of railway or tramway track constructions of iron or steel were exported from Uruguay; increasing by 492% on the previous year. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 64,550%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of railway or tramway track constructions of iron or steel surged to $4.6K in 2022. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 2,204%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Uruguay in 2022:

1. France (3307.0 kg)
2. Argentina (358.0 kg)
3. Netherlands (197.0 kg)

Source: IndexBox Market Intelligence Platform