Uruguay: Inflator System Airbag Market 2025

Inflator System Airbag Market Size in Uruguay

The Uruguayan inflator system airbag market declined to $X in 2022, which is down by -10.5% against the previous year. Over the period under review, consumption, however, posted a strong expansion. Inflator system airbag consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Inflator System Airbag Production in Uruguay

In value terms, inflator system airbag production fell to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2013 when the production volume increased by 47% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Inflator System Airbag Exports

Exports from Uruguay

In 2022, overseas shipments of airbags with inflator system and parts thereof increased by 33% to X tons, rising for the second year in a row after two years of decline. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2013 when exports increased by 312% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, inflator system airbag exports surged to $X in 2022. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by 324% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X tons) was the main destination for inflator system airbag exports from Uruguay, with a 98% share of total exports. It was followed by South Africa (X tons), with a 1.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Brazil totaled +23.0%.

In value terms, Brazil ($X) remains the key foreign market for airbags with inflator system and parts thereof exports from Uruguay, comprising 98% of total exports. The second position in the ranking was taken by South Africa ($X), with a 1.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Brazil totaled +24.0%.

Export Prices by Country

The average inflator system airbag export price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 7.1% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to South Africa stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+0.8%).

Inflator System Airbag Imports

Imports into Uruguay

In 2022, supplies from abroad of airbags with inflator system and parts thereof increased by 40% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2013 with an increase of 1,728% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, inflator system airbag imports skyrocketed to $X in 2022. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2013 when imports increased by 748% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of inflator system airbag to Uruguay, with a 48% share of total imports. Moreover, inflator system airbag imports from China exceeded the figures recorded by the second-largest supplier, Hungary (X tons), twofold. The third position in this ranking was held by Germany (X tons), with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +87.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+120.0% per year) and Germany (+32.5% per year).

In value terms, China ($X) constituted the largest supplier of airbags with inflator system and parts thereof to Uruguay, comprising 56% of total imports. The second position in the ranking was taken by Hungary ($X), with an 18% share of total imports. It was followed by Brazil, with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +91.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+104.8% per year) and Brazil (+68.8% per year).

Import Prices by Country

The average inflator system airbag import price stood at $X per ton in 2022, increasing by 60% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :