
Uruguay - Safety Fuses, Detonating Fuses and Electric Detonators - Market Analysis, Forecast, Size, Trends and Insights
Uruguay: Fuse And Detonator Market 2023
Fuse And Detonator Market Size in Uruguay
The Uruguayan fuse and detonator market skyrocketed to $X in 2021, with an increase of 676% 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). In general, consumption recorded a buoyant expansion. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.
Fuse And Detonator Exports
Exports from Uruguay
In 2019, exports of safety fuses, detonating fuses and electric detonators from Uruguay stood at X kg, leveling off at the year before. Overall, exports continue to indicate a deep reduction. The smallest decline of 99.9% was in 2018. The exports peaked at X kg in 2017; however, from 2018 to 2019, the exports stood at a somewhat lower figure.
In value terms, fuse and detonator exports totaled $X in 2019. Over the period under review, exports saw a sharp slump. The smallest decline of 99.9% was in 2018. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2019, the exports stood at a somewhat lower figure.
Exports by Country
Switzerland (X kg) was the main destination for fuse and detonator exports from Uruguay, with a approx. 100% share of total exports.
From 2017 to 2019, the average annual growth rate of volume to Switzerland was relatively modest.
From 2017 to 2019, the average annual rate of growth in terms of value to Switzerland was relatively modest.
Export Prices by Country
The average fuse and detonator export price stood at $X per ton in 2019, leveling off at the previous year. Over the period under review, the export price continues to indicate a abrupt decline. The growth pace was the most rapid in 2018 when the average export price decreased by 99.9%. The export price peaked at $X per ton in 2017; however, from 2018 to 2019, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Switzerland.
From 2017 to 2019, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.
Fuse And Detonator Imports
Imports into Uruguay
In 2021, supplies from abroad of safety fuses, detonating fuses and electric detonators was finally on the rise to reach X tons after three years of decline. Overall, imports enjoyed strong growth. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.
In value terms, fuse and detonator imports soared to $X in 2021. In general, imports recorded a strong expansion. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, Chile (X tons) was the main supplier of fuse and detonator to Uruguay, accounting for a 97% share of total imports. It was followed by Argentina (X kg), with a 0.8% share of total imports. Bolivia (X kg) ranked third in terms of total imports with a 0.7% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Chile totaled +22.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (-13.3% per year) and Bolivia (-24.8% per year).
In value terms, Chile ($X) constituted the largest supplier of safety fuses, detonating fuses and electric detonators to Uruguay, comprising 89% of total imports. The second position in the ranking was held by Argentina ($X), with a 3% share of total imports. It was followed by Brazil, with a 1.3% share.
From 2012 to 2021, the average annual rate of growth in terms of value from Chile stood at +15.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (-5.3% per year) and Brazil (-18.7% per year).
Import Prices by Country
In 2021, the average fuse and detonator import price amounted to $X per ton, with an increase of 35% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 68%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Argentina ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the fuse and detonator 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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