Uruguay: Market for Ballasts For Discharge Lamps Or Tubes 2025

Market Size for Ballasts For Discharge Lamps Or Tubes in Uruguay

After four years of decline, the Uruguayan ballast for discharge lamp market increased by 59% to $X in 2021. Overall, consumption, however, faced a dramatic setback. Ballast for discharge lamp consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Exports of Ballasts For Discharge Lamps Or Tubes

Exports from Uruguay

In 2021, shipments abroad of ballasts for discharge lamps or tubes decreased by -85.9% to X units, falling for the second year in a row after two years of growth. Over the period under review, exports saw a sharp setback. The most prominent rate of growth was recorded in 2018 with an increase of 205,500% against the previous year. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, ballast for discharge lamp exports dropped significantly to $X in 2021. Overall, exports faced a abrupt decline. The pace of growth was the most pronounced in 2018 with an increase of 314,100% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Paraguay (X units) was the main destination for ballast for discharge lamp exports from Uruguay, accounting for a 94% share of total exports. Moreover, ballast for discharge lamp exports to Paraguay exceeded the volume sent to the second major destination, Ecuador (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Paraguay totaled -19.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (0.0% per year) and Free Zones (-36.7% per year).

In value terms, Paraguay ($X) remains the key foreign market for ballast for discharge lamp exports from Uruguay, comprising 93% of total exports. The second position in the ranking was taken by Ecuador ($X), with a 3.7% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Paraguay totaled -17.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (0.0% per year) and Free Zones (-37.0% per year).

Export Prices by Country

The average ballast for discharge lamp export price stood at $X per unit in 2021, declining by -6.3% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 53%. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Free Zones ($X per unit), while the average price for exports to Ecuador ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+3.1%).

Imports of Ballasts For Discharge Lamps Or Tubes

Imports into Uruguay

In 2021, overseas purchases of ballasts for discharge lamps or tubes increased by 71% to X units for the first time since 2016, thus ending a four-year declining trend. Overall, imports, however, showed a abrupt slump. Imports peaked at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, ballast for discharge lamp imports surged to $X in 2021. In general, imports, however, saw a precipitous decline. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of ballast for discharge lamp to Uruguay, accounting for a 80% share of total imports. Moreover, ballast for discharge lamp imports from China exceeded the figures recorded by the second-largest supplier, Argentina (X units), more than tenfold. Brazil (X units) ranked third in terms of total imports with a 3.1% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled -7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (-41.2% per year) and Brazil (-22.4% per year).

In value terms, China ($X) constituted the largest supplier of ballast for discharge lamp to Uruguay, comprising 32% of total imports. The second position in the ranking was taken by Austria ($X), with a 14% share of total imports. It was followed by Argentina, with a 9.4% share.

From 2012 to 2021, the average annual growth rate of value from China totaled -13.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-11.6% per year) and Argentina (-36.3% per year).

Import Prices by Country

In 2021, the average ballast for discharge lamp import price amounted to $X per unit, waning by -20.6% against the previous year. Over the period under review, the import price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by 18%. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by Germany (+23.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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