Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Uruguay - 2023

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Uruguay (CIF) - 2022
  2. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Uruguay (FOB) - 2022
  3. Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Uruguay
  4. Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Uruguay

Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Uruguay (CIF) - 2022

In 2022, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $76 per unit, shrinking by -9.3% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 65% against the previous year. Over the period under review, average import prices reached the maximum at $84 per unit in 2021, and then shrank in the following year.

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 Switzerland ($472 per unit), while the price for China ($20 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Uruguay (FOB) - 2022

The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $659 per unit in 2022, shrinking by -48.2% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 443%. Over the period under review, the average export prices attained the peak figure at $1,272 per unit in 2021, and then reduced notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($1,224 per unit), while the average price for exports to Spain ($98 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+749.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Uruguay

In 2022, imports of tools; for working in the hand, pneumatic, other than rotary type into Uruguay surged to 6.2K units, picking up by 23% against 2021. The total import volume increased at an average annual rate of +13.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type rose significantly to $468K in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +18.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 41% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)37.335.326.778.528.2%
China39.158.087.871.722.4%
Switzerland61.060.260.058.5-1.4%
Italy15.45.547.645.043.0%
Brazil4.85.31.838.4100.0%
United States36.313.231.936.80.5%
Argentina30.126.834.731.81.8%
India10.712.810.810.80.3%
Others43.381.911996.230.5%
Total27829942146819.0%

Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Uruguay in 2022:

  1. China (3660.0 units)
  2. Taiwan (Chinese) (1352.0 units)
  3. Argentina (157.0 units)
  4. Italy (156.0 units)
  5. United States (152.0 units)
  6. Brazil (127.0 units)
  7. Switzerland (124.0 units)
  8. India (57.0 units)

Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Uruguay

In 2022, approx. 4 units of tools; for working in the hand, pneumatic, other than rotary type were exported from Uruguay; falling by -20% on 2021 figures. Over the period under review, exports faced a significant decrease. The exports peaked at 13 units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type fell sharply to $2.6K in 2022. In general, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 91% against the previous year. As a result, the exports reached the peak of $6.4K, and then contracted significantly in the following year.

Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Uruguay (USD)
COUNTRY202020212022CAGR,
2020-2022
Serbia1,1692,3631,2242.3%
Paraguay3311,03282457.8%
United States1,102N/A489-33.4%
Spain14123298.0-16.6%
Argentina4832,735N/A466.3%
Germany38.0N/AN/A0%
Slovenia75.0N/AN/A0%
OthersN/AN/AN/A0%
Total3,3396,3622,635-11.2%

Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Uruguay in 2022:

  1. United States (1.0 units)
  2. Paraguay (1.0 units)
  3. Serbia (1.0 units)
  4. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform

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