Price for Textiles; Worn Clothing and Other Worn Articles in Uruguay - 2023

Contents:

1. Price for Textiles; Worn Clothing and Other Worn Articles in Uruguay (FOB) - 2022
2. Price for Textiles; Worn Clothing and Other Worn Articles in Uruguay (CIF) - 2022
3. Exports of Textiles; Worn Clothing and Other Worn Articles in Uruguay
4. Imports of Textiles; Worn Clothing and Other Worn Articles in Uruguay

Price for Textiles; Worn Clothing and Other Worn Articles in Uruguay (FOB) - 2022

The average export price for textiles; worn clothing and other worn articleses stood at $13,312 per ton in 2022, declining by -4.3% against the previous year. Over the period under review, the export price, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 506%. The export price peaked at $13,914 per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($55,995 per ton), while the average price for exports to Benin ($899 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 the UK (+30.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Textiles; Worn Clothing and Other Worn Articles in Uruguay (CIF) - 2022

The average import price for textiles; worn clothing and other worn articleses stood at $621 per ton in 2022, increasing by 31% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 39% against the previous year. As a result, import price reached the peak level of $776 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +0.1% per year.

Exports of Textiles; Worn Clothing and Other Worn Articles in Uruguay

In 2022, the amount of textiles; worn clothing and other worn articleses exported from Uruguay surged to 15 tons, with an increase of 293% on 2021. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 7,454% against the previous year. As a result, the exports attained the peak of 25 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of textiles; worn clothing and other worn articleses skyrocketed to $196K in 2022. In general, exports posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 2,847% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Top Export Markets for Textiles; Worn Clothing and Other Worn Articles from Uruguay in 2022:

1. Chile (11.7 tons)
2. South Korea (1.3 tons)
3. Benin (1.3 tons)
4. United Kingdom (0.4 tons)
5. Sweden (0.1 tons)

Imports of Textiles; Worn Clothing and Other Worn Articles in Uruguay

In 2022, supplies from abroad of textiles; worn clothing and other worn articleses decreased by -0.6% to 286 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 271% against the previous year. As a result, imports attained the peak of 287 tons, leveling off in the following year.

In value terms, imports of textiles; worn clothing and other worn articleses surged to $177K in 2022. In general, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 248% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Textiles; Worn Clothing and Other Worn Articles to Uruguay in 2022:

1. United States (283.6 tons)

Source: IndexBox Market Intelligence Platform