Uruguay: Market for Road Tractors For Semi-Trailers 2024

Market Size for Road Tractors For Semi-Trailers in Uruguay

The Uruguayan road tractor for semi-trailer market reduced to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption, however, posted buoyant growth. Road tractor for semi-trailer consumption peaked at $X.1B in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Road Tractors For Semi-Trailers in Uruguay

In value terms, road tractor for semi-trailer production fell to $X in 2022 estimated in export price. In general, production, however, posted buoyant growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Road tractor for semi-trailer production peaked at $X.8B in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Exports of Road Tractors For Semi-Trailers

Exports from Uruguay

In 2022, the amount of road tractors for semi-trailers exported from Uruguay declined markedly to X units, waning by X% on the previous year. In general, exports showed a precipitous shrinkage. The smallest decline of X% was in 2013. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, road tractor for semi-trailer exports shrank dramatically to $X in 2022. Overall, exports recorded a sharp decline. The smallest decline of X% was in 2013. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Argentina (X units), Paraguay (X units) and Chile (X units) were the main destinations of road tractor for semi-trailer exports from Uruguay, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Paraguay (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, Argentina ($X), Chile ($X) and Free Zones ($X) appeared to be the largest markets for road tractor for semi-trailer exported from Uruguay worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Chile, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average road tractor for semi-trailer export price amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (X%), while the prices for the other major destinations experienced a decline.

Imports of Road Tractors For Semi-Trailers

Imports into Uruguay

In 2022, overseas purchases of road tractors for semi-trailers decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a pronounced setback. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, road tractor for semi-trailer imports declined significantly to $X in 2022. In general, imports saw a slight curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X units) constituted the largest supplier of road tractor for semi-trailer to Uruguay, with a X% share of total imports. Moreover, road tractor for semi-trailer imports from Brazil exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold. Germany (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Germany (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of road tractors for semi-trailers to Uruguay, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average road tractor for semi-trailer import price amounted to $X per unit, leveling off at the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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