Uruguay: Radiator Market 2022

Radiator Market Size in Uruguay

The Uruguayan radiator market dropped markedly to $X in 2021, declining by -X% 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 recorded a abrupt decrease. Radiator consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Radiator Exports

Exports from Uruguay

In 2021, approx. less than X kg of radiators for central heating (not electrically heated) were exported from Uruguay; therefore, remained relatively stable against 2020 figures. In general, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports hit record highs at X kg in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, radiator exports amounted to less than $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

The Netherlands (X kg) was the main destination for radiator exports from Uruguay, accounting for a approx. X% share of total exports.

From 2012 to 2015, the average annual rate of growth in terms of volume to the Netherlands was relatively modest.

From 2012 to 2015, the average annual rate of growth in terms of value to the Netherlands was relatively modest.

Export Prices by Country

In 2015, the average radiator export price amounted to $X per ton, almost unchanged from the previous year. In general, the export price recorded a relatively flat trend pattern. The export price peaked in 2015 and is likely to continue growth in the near future.

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

From 2012 to 2015, the rate of growth in terms of prices for the Netherlands amounted to X% per year.

Radiator Imports

Imports into Uruguay

In 2021, the amount of radiators for central heating (not electrically heated) imported into Uruguay contracted markedly to X tons, waning by -X% on the year before. Overall, imports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, radiator imports shrank notably to $X in 2021. Over the period under review, imports showed a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 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

The United States (X tons), the Czech Republic (X tons) and South Korea (X tons) were the main suppliers of radiator imports to Uruguay, with a combined X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the Czech Republic ($X) and Italy ($X) constituted the largest radiator suppliers to Uruguay, with a combined X% share of total imports.

In terms of the main suppliers, the United States, 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

In 2021, the average radiator import price amounted to $X per ton, surging by less than X% against the previous year. In general, the import price, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for the Czech Republic ($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 (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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