
Uruguay - Direction Finding Compasses - Market Analysis, Forecast, Size, Trends and Insights
Uruguay: Direction Finding Compass Market 2022
Direction Finding Compass Market Size in Uruguay
The Uruguayan direction finding compass market soared to $X in 2021, jumping by 1,394% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate strong growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
Direction Finding Compass Exports
Exports from Uruguay
After two years of decline, shipments abroad of direction finding compasses decreased by 0% to X units in 2021. Overall, exports posted a perceptible increase. The most prominent rate of growth was recorded in 2015 with an increase of 107% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.
In value terms, direction finding compass exports rose markedly to $X in 2021. In general, exports continue to indicate a drastic downturn. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.
Exports by Country
The Netherlands (X units), Chile (X units) and the UK (X units) were the main destinations of direction finding compass exports from Uruguay, with a combined 99% share of total exports.
From 2012 to 2021, the biggest increases were in the UK (with a CAGR of +23.1%), while shipments for the other leaders experienced mixed trend patterns.
In value terms, the largest markets for direction finding compass exported from Uruguay were the UK ($X), the Netherlands ($X) and Chile ($X), with a combined 97% share of total exports.
In terms of the main countries of destination, the Netherlands, with a CAGR of +2.5%, 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 mixed trend patterns.
Export Prices by Country
The average direction finding compass export price stood at $X per unit in 2021, increasing by 11% against the previous year. Over the period under review, the export price, however, faced a abrupt decline. The growth pace was the most rapid in 2014 when the average export price increased by 117% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the UK ($X per unit), while the average price for exports to Chile ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+4,583.5%), while the prices for the other major destinations experienced a decline.
Direction Finding Compass Imports
Imports into Uruguay
In 2021, direction finding compass imports into Uruguay surged to X units, increasing by 1,479% on 2020. In general, imports recorded resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, direction finding compass imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a perceptible curtailment. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, China (X units) was the main supplier of direction finding compass to Uruguay, accounting for a approx. 99% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from China stood at +19.8%.
In value terms, China ($X) constituted the largest supplier of direction finding compass to Uruguay.
From 2012 to 2021, the average annual rate of growth in terms of value from China totaled -3.7%.
Import Prices by Country
In 2021, the average direction finding compass import price amounted to $X per unit, with a decrease of -82.4% against the previous year. Over the period under review, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by 110% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2021, the rate of growth in terms of prices for China amounted to -19.6% per year.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the direction finding compass 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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