Uruguay: Wooden Door Market 2024

Wooden Door Market Size in Uruguay

For the third consecutive year, the Uruguayan wooden door market recorded growth in sales value, which increased by 12% to $X in 2021. In general, the total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +113.9% against 2014 indices. Wooden door consumption peaked in 2021 and is expected to retain growth in the near future.

Wooden Door Exports

Exports from Uruguay

In 2021, shipments abroad of doors and their frames and thresholds of wood decreased by -53.4% to X units, falling for the sixth year in a row after two years of growth. Overall, exports saw a dramatic downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 44% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, wooden door exports fell notably to $X in 2021. Over the period under review, exports faced a dramatic descent. The pace of growth appeared the most rapid in 2014 with an increase of 34%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Guyana (X units) was the main destination for wooden door exports from Uruguay, accounting for a 83% share of total exports. Moreover, wooden door exports to Guyana exceeded the volume sent to the second major destination, Canada (X units), ninefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Guyana totaled -17.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+7.8% per year) and the United States (-4.8% per year).

In value terms, the largest markets for wooden door exported from Uruguay were Guyana ($X), Canada ($X) and the United States ($X), with a combined 98% share of total exports.

Canada, with a CAGR of +23.2%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average wooden door export price amounted to $X per unit, surging by 26% against the previous year. In general, the export price showed a noticeable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Guyana ($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 (+14.4%), while the prices for the other major destinations experienced mixed trend patterns.

Wooden Door Imports

Imports into Uruguay

For the third year in a row, Uruguay recorded growth in supplies from abroad of doors and their frames and thresholds of wood, which increased by 9.5% to X units in 2021. In general, total imports indicated perceptible growth from 2012 to 2021: its volume increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +69.8% against 2014 indices. The pace of growth was the most pronounced in 2017 when imports increased by 30%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, wooden door imports rose sharply to $X in 2021. Overall, total imports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +119.3% against 2014 indices. The most prominent rate of growth was recorded in 2015 when imports increased by 37%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Brazil (X units), China (X units) and Argentina (X units) were the main suppliers of wooden door imports to Uruguay, with a combined 94% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +13.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Brazil ($X) and Argentina ($X) appeared to be the largest wooden door suppliers to Uruguay, with a combined 89% share of total imports.

Among the main suppliers, China, with a CAGR of +19.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average wooden door import price amounted to $X per unit, with an increase of 2.4% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 31%. Over the period under review, average import prices attained the maximum in 2021 and is likely to see steady growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Argentina ($X per unit), while the price for Brazil ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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