Uruguay: Surgical Glove Market 2024

Surgical Glove Market Size in Uruguay

The Uruguayan surgical glove market surged to $X in 2022, picking up 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). In general, the total consumption indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Surgical Glove Exports

Exports from Uruguay

In 2021, surgical glove exports from Uruguay surged to X pairs, increasing by X% against the previous year's figure. In general, total exports indicated a significant expansion from 2020 to 2021: its volume increased at an average annual rate of X% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, surgical glove exports surged to $X in 2021. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Costa Rica (X pairs) was the main destination for surgical glove exports from Uruguay, with a X% share of total exports. Moreover, surgical glove exports to Costa Rica exceeded the volume sent to the second major destination, Chile (X pairs), threefold.

From 2020 to 2021, the average annual rate of growth in terms of volume to Costa Rica was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (X% per year) and the Philippines (X% per year).

In value terms, Chile ($X), Costa Rica ($X) and the Philippines ($X) appeared to be the largest markets for surgical glove exported from Uruguay worldwide, together accounting for X% of total exports.

Among the main countries of destination, Chile, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average surgical glove export price stood at $X per pair in 2021, rising by X% against the previous year. Over the period under review, export price indicated a significant expansion from 2020 to 2021: its price 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 export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per pair), while the average price for exports to Costa Rica ($X per pair) was amongst the lowest.

From 2020 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Surgical Glove Imports

Imports into Uruguay

In 2022, after two years of decline, there was significant growth in purchases abroad of surgical gloves, when their volume increased by X% to X pairs. Overall, total imports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of X pairs. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, surgical glove imports expanded notably to $X in 2022. Over the period under review, total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X pairs) constituted the largest supplier of surgical glove to Uruguay, accounting for a X% share of total imports. Moreover, surgical glove imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X pairs), fourfold. The third position in this ranking was held by Thailand (X pairs), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Thailand (X% per year).

In value terms, the largest surgical glove suppliers to Uruguay were China ($X), Malaysia ($X) and Thailand ($X), together accounting for X% of total imports.

In terms of the main suppliers, Malaysia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average surgical glove import price amounted to $X per thousand pairs, dropping by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per thousand pairs, and then fell in the following year.

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 Malaysia ($X per thousand pairs), while the price for Thailand ($X per thousand pairs) was amongst the lowest.

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

Source: IndexBox Platform

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