Uruguay: Telephone Market 2024

Telephone Market Size in Uruguay

The Uruguayan telephone market expanded sharply to $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, saw a deep reduction. Telephone consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Telephone Production in Uruguay

In value terms, telephone production surged to $X in 2022 estimated in export price. In general, production, however, recorded a slight decline. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

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Telephone Exports

Exports from Uruguay

In 2022, overseas shipments of telephones and videophones were finally on the rise to reach X units after five years of decline. Over the period under review, exports, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, telephone exports soared to $X in 2022. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for telephone exports from Uruguay, with a X% share of total exports. Moreover, telephone exports to the United States exceeded the volume sent to the second major destination, Paraguay (X units), twofold. The third position in this ranking was taken by Mexico (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (X% per year) and Mexico (X% per year).

In value terms, Mexico ($X), the United States ($X) and Paraguay ($X) constituted the largest markets for telephone exported from Uruguay worldwide, together comprising X% of total exports.

Mexico, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average telephone export price amounted to $X per unit, surging by X% against the previous year. Overall, the export price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 an increase of X%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the average price for exports to Paraguay ($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 Bolivia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Imports

Imports into Uruguay

In 2022, purchases abroad of telephones and videophones decreased by X% to X units, falling for the fourth consecutive year after two years of growth. Overall, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, telephone imports shrank to $X in 2022. In general, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of telephone to Uruguay, accounting for a X% share of total imports. Moreover, telephone imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X units), threefold. 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 China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Germany (X% per year).

In value terms, China ($X) constituted the largest supplier of telephones and videophones to Uruguay, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

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

Import Prices by Country

In 2022, the average telephone import price amounted to $X per unit, growing by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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