Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Uruguay - 2023

Contents:

  1. Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Uruguay (CIF) - 2023
  2. Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Uruguay (FOB) - 2022
  3. Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Uruguay
  4. Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Uruguay

Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Uruguay (CIF) - 2023

In December 2023, the average import price for refrigerating or freezing equipment; parts thereof, other than furniture amounted to $44.7 per unit, with an increase of 15% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 92% month-to-month. As a result, import price reached the peak level of $79.9 per unit. From February 2023 to December 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($53.1 per unit), while the price for China amounted to $34.4 per unit.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (+2.7%).

Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Uruguay (FOB) - 2022

In 2022, the average export price for refrigerating or freezing equipment; parts thereof, other than furniture amounted to $72 per unit, with an increase of 44% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 230% against the previous year. Over the period under review, the average export prices hit record highs at $186 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to +8.8% per year.

Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Uruguay

Imports of refrigerating or freezing equipment; parts thereof, other than furniture into Uruguay declined rapidly to 57K units in 2022, which is down by -36.9% against the previous year. In general, imports, however, showed strong growth. The pace of growth was the most pronounced in 2021 with an increase of 134% against the previous year. As a result, imports attained the peak of 90K units, and then dropped dramatically in the following year.

In value terms, imports of refrigerating or freezing equipment; parts thereof, other than furniture dropped notably to $3M in 2022. Overall, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 128%. As a result, imports attained the peak of $4M, and then contracted significantly in the following year.

Import of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil7011,1102,3861,53930.0%
China544335897533-0.7%
Italy15021.423825319.0%
Denmark2.9N/AN/A196307.3%
Argentina21073.2368170-6.8%
Netherlands6.6N/A4.351.298.0%
Mexico34.55.95.544.28.6%
Others325218126239-9.7%
Total1,9731,7634,0253,02615.3%

Top Suppliers of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture to Uruguay in 2022:

  1. Brazil (27.1K units)
  2. China (16.1K units)
  3. Argentina (3.7K units)
  4. Italy (3.6K units)
  5. Netherlands (2.7K units)
  6. Mexico (1.0K units)
  7. Denmark (1.0K units)

Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Uruguay

After three years of growth, overseas shipments of refrigerating or freezing equipment; parts thereof, other than furniture decreased by -96.8% to 12 units in 2022. Overall, exports saw a precipitous shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 761% against the previous year. Over the period under review, the exports of hit record highs at 378 units in 2021, and then dropped notably in the following year.

In value terms, exports of refrigerating or freezing equipment; parts thereof, other than furniture declined remarkably to $865 in 2022. Over the period under review, exports faced a significant contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 892%. As a result, the exports attained the peak of $32K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay1.123.1N/A0.9-6.5%
ChileN/AN/A4.0N/A0%
Panama1.68.8N/AN/A450.0%
CanadaN/AN/A14.8N/A0%
Others0.50.10.1N/A-55.3%
Total3.231.918.90.9-34.5%

Top Export Markets for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture from Uruguay in 2022:

  1. Paraguay (12.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Refrigerating or freezing equipment; parts thereof, other than furniture - Uruguay