Uruguay: Parachute Market 2022

Parachute Market Size in Uruguay

After two years of decline, the uruguayan parachute market increased by X% to $X in 2021.Overall, consumption recorded tangible growth.As a result, consumption reached the peak level of $X. from 2016 to 2021, the growth of the market remained at a lower figure.

Parachute Production in Uruguay

In value terms, parachute production skyrocketed to $X in 2021 estimated in export price.In general, production enjoyed a measured increase.The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year.As a result, production reached the peak level of $X. from 2016 to 2021, production growth remained at a lower figure.

Parachute Exports

Exports from Uruguay

In 2020, exports of parachutes and rotochutes from uruguay surged to X kg, jumping by X% compared with the previous year.Overall, exports showed a significant expansion.As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, parachute exports surged to $X in 2020.Over the period under review, total exports indicated a significant expansion from 2019 to 2020: its value increased at an average annual rate of +X% over the last one years. the trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X kg) was the main destination for parachute exports from Uruguay, with a X% share of total exports. Moreover, parachute exports to Belgium exceeded the volume sent to the second major destination, Norway (X kg), sixfold.

From 2019 to 2020, the average annual growth rate of volume to Belgium was relatively modest.

From 2019 to 2020, the average annual growth rate of value to Belgium was relatively modest.

Export Prices by Country

In 2020, the average parachute export price amounted to $X per ton, with a decrease of -X% against the previous year. Over the period under review, the export price faced a abrupt descent. The export price peaked at $X per ton in 2019, and then reduced in the following year.

Prices varied noticeably country of destination: the country with the highest price was Belgium ($X per ton), while the average price for exports to Norway amounted to $X per ton.

From 2019 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%).

Parachute Imports

Imports into Uruguay

In 2021, the amount of parachutes and rotochutes imported into uruguay totaled X kg, picking up by X% on the previous year's figure.Over the period under review, imports, however, saw a noticeable setback.The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year.Imports peaked at X kg in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, parachute imports stood at $X in 2021.In general, imports, however, continue to indicate a relatively flat trend pattern.The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year.Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Vietnam (X kg), Italy (X kg) and Switzerland (X kg) were the main suppliers of parachute imports to Uruguay, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in Switzerland (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest parachute suppliers to Uruguay were Vietnam ($X), Italy ($X) and Switzerland ($X), with a combined X% share of total imports. These countries were followed by Austria, Israel, Spain and the UK, which together accounted for a further X the main suppliers, Austria, with a CAGR of +X%, 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

The average parachute import price stood at $X per ton in 2021, increasing by X% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. the trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. based on 2021 figures, parachute import price increased by +X% against 2017 indices.The pace of growth appeared the most rapid in 2019 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Austria ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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