Uruguay: Market for Iron Or Steel Doors, Thresholds For Doors And Windows 2023

Exports of Iron Or Steel Doors, Thresholds For Doors And Windows

Exports from Uruguay

Exports of iron or steel doors, thresholds for doors and windows from Uruguay stood at X units in 2017, remaining stable against 2016. Overall, exports showed a abrupt contraction. The growth pace was the most rapid in 2015 when exports increased by 350% against the previous year. Over the period under review, the exports of hit record highs at X units in 2013; however, from 2014 to 2017, the exports failed to regain momentum.

In value terms, exports of iron or steel doors, thresholds for doors and windows totaled $X in 2017. In general, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2013 when exports increased by 422% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2017, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Chile (X units) was the main destination for exports of iron or steel doors, thresholds for doors and windows from Uruguay, accounting for a approx. 100% share of total exports.

From 2012 to 2017, the average annual growth rate of volume to Chile was relatively modest.

From 2012 to 2017, the average annual rate of growth in terms of value to Chile was relatively modest.

Export Prices by Country

In 2017, the average export price for iron or steel doors, thresholds for doors and windows amounted to $X per unit, flattening at the previous year. In general, the export price recorded a resilient expansion. The growth pace was the most rapid in 2013 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices reached the maximum in 2017 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Chile.

From 2012 to 2017, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Imports of Iron Or Steel Doors, Thresholds For Doors And Windows

Imports into Uruguay

In 2022, the amount of iron or steel doors, thresholds for doors and windows imported into Uruguay expanded to X units, surging by 4.1% against the previous year's figure. Overall, total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.0% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 121% against the previous year. Imports peaked at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of iron or steel doors, thresholds for doors and windows declined to $X in 2022. Over the period under review, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +8.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by 141%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of iron or steel window and door to Uruguay, with a 61% share of total imports. Moreover, imports of iron or steel doors, thresholds for doors and windows from China exceeded the figures recorded by the second-largest supplier, Spain (X units), fourfold. Argentina (X units) ranked third in terms of total imports with an 8% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+18.4% per year) and Argentina (+12.7% per year).

In value terms, the largest iron or steel window and door suppliers to Uruguay were China ($X), Spain ($X) and Argentina ($X), with a combined 78% share of total imports. Brazil, Germany and Italy lagged somewhat behind, together accounting for a further 20%.

Among the main suppliers, Italy, with a CAGR of +20.7%, saw 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 2022, the average import price for iron or steel doors, thresholds for doors and windows amounted to $X per unit, falling by -8.9% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 23%. As a result, import price attained the peak level of $X per unit, and then contracted in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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