
Uruguay - Mounted Lenses, Prisms and Mirrors - Market Analysis, Forecast, Size, Trends and Insights
Uruguay: Mounted Lens Market 2022
Mounted Lens Market Size in Uruguay
The Uruguayan mounted lens market fell rapidly to $X in 2021, waning by -35.1% 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 continues to indicate a mild descent. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.
Mounted Lens Exports
Exports from Uruguay
In 2016, mounted lens exports from Uruguay shrank markedly to X kg, with a decrease of -50% compared with the previous year. In general, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2015 when exports increased by 100%. As a result, the exports attained the peak of X kg, and then reduced rapidly in the following year.
In value terms, mounted lens exports soared to $X in 2016. Over the period under review, exports showed a slight descent. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2016, the exports stood at a somewhat lower figure.
Exports by Country
The Netherlands (X kg) was the main destination for mounted lens exports from Uruguay, with a approx. 50% share of total exports.
From 2012 to 2015, the average annual rate of growth in terms of volume to the Netherlands was relatively modest.
In value terms, Chile ($X) also remains the key foreign market for mounted lens exports from Uruguay.
From 2012 to 2015, the average annual growth rate of value to Chile totaled -31.6%.
Export Prices by Country
The average mounted lens export price stood at $X per ton in 2016, surging by 292% against the previous year. Overall, the export price showed strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Chile.
From 2012 to 2016, the rate of growth in terms of prices for Chile amounted to +10.6% per year.
Mounted Lens Imports
Imports into Uruguay
Mounted lens imports into Uruguay fell sharply to X kg in 2021, declining by -36.3% on 2020 figures. In general, imports recorded a slight downturn. The most prominent rate of growth was recorded in 2019 with an increase of 158%. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.
In value terms, mounted lens imports declined markedly to $X in 2021. Over the period under review, imports continue to indicate a slight decrease. The pace of growth was the most pronounced in 2019 with an increase of 153%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.
Imports by Country
In 2021, China (X kg) constituted the largest supplier of mounted lens to Uruguay, accounting for a 63% share of total imports. Moreover, mounted lens imports from China exceeded the figures recorded by the second-largest supplier, the United States (X kg), sixfold. The third position in this ranking was taken by Germany (X kg), with an 8.6% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+1.0% per year) and Germany (-4.4% per year).
In value terms, the largest mounted lens suppliers to Uruguay were the United States ($X), Germany ($X) and China ($X), together accounting for 95% of total imports. Malaysia, Turkey, the Czech Republic and Italy lagged somewhat behind, together comprising a further 3.9%.
In terms of the main suppliers, Turkey, with a CAGR of +215.8%, recorded the highest rates of growth with regard to 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
The average mounted lens import price stood at $X per ton in 2021, increasing by 2.9% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 63% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is likely to see gradual growth in years to come.
Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+38.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the mounted lens 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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