Uruguay: Photo-Copying Apparatus Market 2023

Photo-Copying Apparatus Market Size in Uruguay

In 2022, the Uruguayan photo-copying apparatus market increased by 113% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, continues to indicate a abrupt setback. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Photo-Copying Apparatus Exports

Exports from Uruguay

In 2022, overseas shipments of photo-copying apparatus decreased by 0% to X units, falling for the second consecutive year after two years of growth. Overall, exports saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by 242%. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, photo-copying apparatus exports soared to $X in 2022. Over the period under review, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 580%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Paraguay (X units) and Argentina (X units) were the main destinations of photo-copying apparatus exports from Uruguay.

From 2012 to 2022, the biggest increases were recorded for Paraguay (with a CAGR of +21.5%).

In value terms, Argentina ($X) emerged as the key foreign market for photo-copying apparatus exports from Uruguay, comprising 87% of total exports. The second position in the ranking was held by Paraguay ($X), with a 13% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Argentina stood at +110.5%.

Export Prices by Country

The average photo-copying apparatus export price stood at $X per unit in 2022, surging by 530% against the previous year. In general, the export price showed a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per unit), while the average price for exports to Paraguay stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+83.2%), while the prices for the other major destinations experienced mixed trend patterns.

Photo-Copying Apparatus Imports

Imports into Uruguay

In 2022, after three years of decline, there was significant growth in purchases abroad of photo-copying apparatus, when their volume increased by 170% to X units. Overall, imports saw a relatively flat trend pattern. Imports peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, photo-copying apparatus imports soared to $X in 2022. In general, imports, however, showed a drastic downturn. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

The Philippines (X units), Italy (X units) and China (X units) were the main suppliers of photo-copying apparatus imports to Uruguay, together accounting for 91% of total imports. Paraguay and Hong Kong SAR lagged somewhat behind, together accounting for a further 1.9%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Paraguay (with a CAGR of +43.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of photo-copying apparatus to Uruguay, comprising 36% of total imports. The second position in the ranking was held by the Philippines ($X), with a 10% share of total imports. It was followed by Italy, with an 8.3% share.

From 2012 to 2022, the average annual growth rate of value from China totaled -5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (+10.4% per year) and Italy (+21.6% per year).

Import Prices by Country

In 2022, the average photo-copying apparatus import price amounted to $X per unit, declining by -51.8% against the previous year. In general, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2019 an increase of 53%. The import price peaked at $X per unit in 2012; however, from 2013 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 Paraguay ($X per unit), while the price for the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+10.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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