
Uruguay - Iron or Steel Gas Domestic Appliances - Market Analysis, Forecast, Size, Trends and Insights
Uruguay: Metal Gas Appliances Market 2023
Metal Gas Appliances Market Size in Uruguay
The Uruguayan metal gas appliances market dropped notably to $X in 2022, which is down by -44.4% 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). Over the period under review, consumption saw a perceptible downturn. Metal gas appliances consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.
Metal Gas Appliances Exports
Exports from Uruguay
In 2022, after five years of growth, there was decline in overseas shipments of iron or steel gas domestic appliances, when their volume decreased by 0% to X units. Overall, exports posted a strong expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 100%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, metal gas appliances exports shrank markedly to $X in 2022. Over the period under review, exports enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 89%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.
Exports by Country
Chile (X units) was the main destination for metal gas appliances exports from Uruguay, with a 80% share of total exports. Moreover, metal gas appliances exports to Chile exceeded the volume sent to the second major destination, Paraguay (X units), fourfold.
From 2012 to 2022, the average annual rate of growth in terms of volume to Chile was relatively modest.
In value terms, Chile ($X) emerged as the key foreign market for iron or steel gas domestic appliances exports from Uruguay, comprising 98% of total exports. The second position in the ranking was taken by Paraguay ($X), with a 1.8% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of value to Chile was relatively modest.
Export Prices by Country
The average metal gas appliances export price stood at $X per unit in 2022, dropping by -16% against the previous year. Over the period under review, the export price faced a deep setback. The growth pace was the most rapid in 2017 an increase of 47% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per unit), while the average price for exports to Paraguay amounted to $X per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (-30.6%).
Metal Gas Appliances Imports
Imports into Uruguay
In 2022, metal gas appliances imports into Uruguay contracted remarkably to X units, waning by -57.8% compared with the previous year. In general, imports recorded a deep contraction. The growth pace was the most rapid in 2017 when imports increased by 306%. Over the period under review, imports reached the peak figure at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.
In value terms, metal gas appliances imports dropped sharply to $X in 2022. Overall, imports saw a pronounced downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 221%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.
Imports by Country
In 2022, China (X units) was the main metal gas appliances supplier to Uruguay, accounting for a 99% share of total imports. It was followed by Argentina (X units), with a 0.4% share of total imports.
From 2012 to 2022, the average annual growth rate of volume from China totaled -3.4%.
In value terms, China ($X) constituted the largest supplier of iron or steel gas domestic appliances to Uruguay, comprising 98% of total imports. The second position in the ranking was held by Argentina ($X), with a 1.1% share of total imports.
From 2012 to 2022, the average annual growth rate of value from China amounted to -2.3%.
Import Prices by Country
The average metal gas appliances import price stood at $X per unit in 2022, increasing by 47% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($X per unit), while the price for China stood at $X per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+20.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the metal gas appliances 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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