Uruguay: Market for Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA 2024

Market Size for Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA in Uruguay

The Uruguayan market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA dropped to $X in 2022, falling by -9.1% against the previous year. Over the period under review, consumption showed a pronounced contraction. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Diesel or Semi-Diesel Electric Generating Sets of Output Over X kVA but Under X kVA in Uruguay

In value terms, production of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA reduced markedly to $X in 2022 estimated in export price. In general, production showed a drastic downturn. The pace of growth was the most pronounced in 2021 when the production volume increased by 53% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA

Exports from Uruguay

After two years of growth, overseas shipments of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA decreased by -16.7% to X units in 2022. Overall, exports recorded a dramatic setback. The pace of growth was the most pronounced in 2021 when exports increased by 20%. Over the period under review, the exports of hit record highs at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA surged to $X in 2022. In general, exports faced a sharp reduction. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil (X units), Panama (X units) and Paraguay (X units) were the main destinations of exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from Uruguay, together accounting for 60% of total exports.

From 2012 to 2022, the biggest increases were recorded for Paraguay (with a CAGR of 0.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Chile ($X), Brazil ($X) and Paraguay ($X) were the largest markets for diesel or semi-diesel electric generating set of output over X kVA but under X kVA exported from Uruguay worldwide, together comprising 96% of total exports.

In terms of the main countries of destination, Brazil, with a CAGR of -11.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average export price for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA amounted to $X per unit, growing by 112% against the previous year. Overall, the export price, however, faced a abrupt curtailment. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per unit), while the average price for exports to Panama ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (-11.8%), while the prices for the other major destinations experienced a decline.

Imports of Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA

Imports into Uruguay

In 2022, overseas purchases of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA increased by 5% to X units, rising for the fifth consecutive year after three years of decline. Over the period under review, total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +138.7% against 2017 indices. The pace of growth was the most pronounced in 2013 when imports increased by 41% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA amounted to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by 44%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest diesel or semi-diesel electric generating set of output over X kVA but under X kVA supplier to Uruguay, accounting for a 47% share of total imports. Moreover, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from China exceeded the figures recorded by the second-largest supplier, Brazil (X units), fivefold. The third position in this ranking was taken by Spain (X units), with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +15.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-1.3% per year) and Spain (+20.6% per year).

In value terms, the largest diesel or semi-diesel electric generating set of output over X kVA but under X kVA suppliers to Uruguay were Brazil ($X), Spain ($X) and France ($X), together accounting for 49% of total imports. Argentina, China, India and the United States lagged somewhat behind, together comprising a further 35%.

Argentina, with a CAGR of +31.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA stood at $X per unit in 2022, increasing by 6.1% against the previous year. In general, the import price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 6.8%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Argentina ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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