Uruguay - Stainless Steel Sinks And Wash Basins - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Uruguay - Stainless Steel Sinks And Wash Basins - Market Analysis, Forecast, Size, Trends And Insights

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Stainless Steel Sink Price in Uruguay - 2022

Contents:

  1. Stainless Steel Sink Price in Uruguay (CIF) - 2022
  2. Stainless Steel Sink Price in Uruguay (FOB) - 2022
  3. Stainless Steel Sink Imports in Uruguay
  4. Stainless Steel Sink Exports in Uruguay

Stainless Steel Sink Price in Uruguay (CIF) - 2022

The average stainless steel sink import price stood at $60 per unit in 2022, rising by 21% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, stainless steel sink import price increased by +62.4% against 2018 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 25% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($109 per unit), while the price for Brazil ($45 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Stainless Steel Sink Price in Uruguay (FOB) - 2022

In 2022, the average stainless steel sink export price amounted to $597 per unit, increasing by 1,116% against the previous year. Over the period under review, the export price continues to indicate a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($646 per unit), while the average price for exports to Argentina totaled $347 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+52.5%).

Stainless Steel Sink Imports in Uruguay

In 2022, overseas purchases of stainless steel sinks and wash basins decreased by -20.1% to 27K units, falling for the second year in a row after two years of growth. Overall, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 13% against the previous year. As a result, imports reached the peak of 37K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, stainless steel sink imports reduced modestly to $1.6M in 2022. The total import value increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year. As a result, imports reached the peak of $1.7M, and then declined slightly in the following year.

Import of Stainless Steel Sink in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil716741833679-1.8%
China22341631443725.1%
Argentina3242784614007.3%
Others11646.687.91170.3%
Total1,3791,4831,6961,6345.8%

Top Suppliers of Stainless Steel Sink to Uruguay in 2022:

  1. Brazil (15.0K units)
  2. China (7.6K units)
  3. Argentina (3.7K units)

Stainless Steel Sink Exports in Uruguay

After three years of growth, overseas shipments of stainless steel sinks and wash basins decreased by -87.1% to 45 units in 2022. Overall, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 249% against the previous year. As a result, the exports reached the peak of 349 units, and then contracted dramatically in the following year.

In value terms, stainless steel sink exports soared to $27K in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 134% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Stainless Steel Sink in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ParaguayN/AN/AN/A24.40%
Argentina6.55.117.22.6-26.3%
NicaraguaN/A2.2N/AN/A0%
OthersN/AN/AN/AN/A0%
Total6.57.317.227.060.7%

Top Export Markets for Stainless Steel Sink from Uruguay in 2022:

  1. Paraguay (38.0 units)
  2. Argentina (7.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the stainless steel sink market in Uruguay. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 25991110 - Stainless steel sinks and wash basins

Country coverage:

  • Uruguay

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Uruguay
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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