Uruguay: Electrical Signalling Apparatus Market 2024

Electrical Signalling Apparatus Market Size in Uruguay

In 2022, the Uruguayan electrical signalling apparatus market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, the total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

Electrical Signalling Apparatus Exports

Exports from Uruguay

In 2022, approx. X units of electrical apparatus for sound or visual signalling were exported from Uruguay; with a decrease of X% against 2021 figures. In general, exports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, electrical signalling apparatus exports declined notably to $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Guatemala (X units) was the main destination for electrical signalling apparatus exports from Uruguay, with a X% share of total exports. Moreover, electrical signalling apparatus exports to Guatemala exceeded the volume sent to the second major destination, Paraguay (X units), twofold. The third position in this ranking was taken by Venezuela (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Guatemala totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (X% per year) and Venezuela (X% per year).

In value terms, Morocco ($X) emerged as the key foreign market for electrical apparatus for sound or visual signalling exports from Uruguay, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Morocco was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Spain (X% per year).

Export Prices by Country

In 2022, the average electrical signalling apparatus export price amounted to $X per unit, picking up by X% against the previous year. In general, the export price continues to indicate a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Morocco ($X per unit), while the average price for exports to Guatemala ($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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Electrical Signalling Apparatus Imports

Imports into Uruguay

For the third consecutive year, Uruguay recorded growth in supplies from abroad of electrical apparatus for sound or visual signalling, which increased by X% to X units in 2022. Over the period under review, imports continue to indicate strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electrical signalling apparatus imports shrank slightly to $X in 2022. In general, imports recorded a notable increase. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) was the main supplier of electrical signalling apparatus to Uruguay, accounting for a X% share of total imports. It was followed by Hong Kong SAR (X units), with a X% share of total imports. The United States (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (X% per year) and the United States (X% per year).

In value terms, China ($X) constituted the largest supplier of electrical apparatus for sound or visual signalling to Uruguay, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Hong Kong SAR, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Hong Kong SAR (X% per year).

Import Prices by Country

In 2022, the average electrical signalling apparatus import price amounted to $X per unit, shrinking by X% against the previous year. In general, the import price showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a 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 the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :