Speed Changer Price in Uruguay - 2022
Contents:
- Speed Changer Price in Uruguay (CIF) - 2022
- Speed Changer Price in Uruguay (FOB) - 2022
- Speed Changer Imports in Uruguay
- Speed Changer Exports in Uruguay
Speed Changer Price in Uruguay (CIF) - 2022
The average speed changer import price stood at $15,452 per ton in 2022, picking up by 11% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 15% against the previous year. Over the period under review, average import prices reached the maximum at $16,947 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($39,997 per ton), while the price for Turkey ($7,525 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Speed Changer Price in Uruguay (FOB) - 2022
In 2022, the average speed changer export price amounted to $3,324 per ton, falling by -75.1% against the previous year. In general, the export price faced a deep downturn. The most prominent rate of growth was recorded in 2021 an increase of 128%. The export price peaked at $34,239 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($32,229 per ton), while the average price for exports to Denmark ($1,333 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Speed Changer Imports in Uruguay
For the fourth year in a row, Uruguay recorded growth in supplies from abroad of speed changers, industrial high-speed drives and gear, which increased by 6.2% to 600 tons in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +25.9% 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 +99.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 53% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, speed changer imports soared to $9.3M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +24.7% 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 +93.9% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 32% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Speed Changer in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 560 | 671 | 854 | 2,146 | 56.5% |
| United States | 841 | 906 | 1,324 | 1,696 | 26.3% |
| Brazil | 779 | 685 | 1,177 | 1,300 | 18.6% |
| Germany | 575 | 1,101 | 1,145 | 812 | 12.2% |
| Spain | 344 | 897 | 686 | 803 | 32.7% |
| Italy | 500 | 607 | 822 | 779 | 15.9% |
| Argentina | 240 | 330 | 411 | 355 | 13.9% |
| Turkey | 66.8 | 89.3 | 147 | 207 | 45.8% |
| Others | 874 | 1,040 | 1,279 | 1,169 | 10.2% |
| Total | 4,779 | 6,326 | 7,845 | 9,268 | 24.7% |
Top Suppliers of Speed Changer to Uruguay in 2022:
- China (252.3 tons)
- Brazil (80.2 tons)
- Spain (66.5 tons)
- United States (42.4 tons)
- Italy (39.9 tons)
- Turkey (27.5 tons)
- Germany (24.5 tons)
- Argentina (19.3 tons)
Speed Changer Exports in Uruguay
In 2022, exports of speed changers, industrial high-speed drives and gear from Uruguay skyrocketed to 44 tons, surging by 621% on 2021. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, speed changer exports skyrocketed to $148K in 2022. Over the period under review, exports continue to indicate a strong expansion.
| Export of Speed Changer in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 4.4 | 66.1 | 0.1 | 49.3 | 123.8% |
| Argentina | 6.0 | 3.4 | 4.5 | 34.0 | 78.3% |
| Paraguay | 26.5 | 18.3 | 10.3 | 19.7 | -9.4% |
| Brazil | N/A | 1.1 | 23.6 | 17.4 | 297.7% |
| Germany | 17.1 | 29.5 | 11.1 | 11.7 | -11.9% |
| Colombia | 0.1 | N/A | N/A | 9.3 | 353.1% |
| United States | 26.6 | 19.8 | 12.1 | 2.3 | -55.8% |
| Others | 7.6 | 11.9 | 20.7 | 4.2 | -17.9% |
| Total | 88.2 | 150 | 82.4 | 148 | 18.8% |
Top Export Markets for Speed Changer from Uruguay in 2022:
- Denmark (37.0 tons)
- Germany (2.1 tons)
- Paraguay (1.7 tons)
- Brazil (1.3 tons)
- Colombia (1.2 tons)
- Argentina (1.2 tons)
- United States (0.1 tons)
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