Uruguay: Market for Blankets And Travelling Rugs Of Synthetic Fibres 2025

Market Size for Blankets And Travelling Rugs Of Synthetic Fibres in Uruguay

The Uruguayan market for blankets and travelling rugs of synthetic fibres fell to $X in 2022, waning by -10.5% against the previous year. Overall, consumption saw a perceptible shrinkage. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Blankets And Travelling Rugs Of Synthetic Fibres in Uruguay

In value terms, travelling rugs of synthetic fibre production shrank dramatically to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt downturn. The most prominent rate of growth was recorded in 2014 with an increase of 79%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Exports of Blankets And Travelling Rugs Of Synthetic Fibres

Exports from Uruguay

In 2022, overseas shipments of blankets and travelling rugs of synthetic fibres were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a significant decrease. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, travelling rugs of synthetic fibre exports soared to $X in 2022. Over the period under review, exports, however, faced a sharp curtailment. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Argentina (X units) was the main destination for travelling rugs of synthetic fibre exports from Uruguay, accounting for a approx. 99.9% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Argentina amounted to -16.6%.

In value terms, Argentina ($X) also remains the key foreign market for blankets and travelling rugs of synthetic fibres exports from Uruguay.

From 2012 to 2022, the average annual growth rate of value to Argentina amounted to -16.9%.

Export Prices by Country

In 2022, the average export price for blankets and travelling rugs of synthetic fibres amounted to $X per unit, picking up by 10% against the previous year. In general, the export price, however, saw a pronounced decrease. The growth pace was the most rapid in 2014 an increase of 23% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Argentina.

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to -0.4% per year.

Imports of Blankets And Travelling Rugs Of Synthetic Fibres

Imports into Uruguay

Travelling rugs of synthetic fibre imports into Uruguay expanded remarkably to X units in 2022, with an increase of 13% against the previous year. Over the period under review, imports, however, continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2017 with an increase of 87%. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, travelling rugs of synthetic fibre imports skyrocketed to $X in 2022. In general, imports, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 45%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of travelling rugs of synthetic fibre to Uruguay, with a 83% share of total imports. Moreover, travelling rugs of synthetic fibre imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X units), more than tenfold. India (X units) ranked third in terms of total imports with a 4.6% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+6.4% per year) and India (+60.1% per year).

In value terms, China ($X) constituted the largest supplier of blankets and travelling rugs of synthetic fibres to Uruguay, comprising 87% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 4.2% share of total imports. It was followed by India, with a 3.8% share.

From 2012 to 2022, the average annual growth rate of value from China totaled -4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+6.0% per year) and India (+50.4% per year).

Import Prices by Country

In 2022, the average import price for blankets and travelling rugs of synthetic fibres amounted to $X per unit, picking up by 9.2% against the previous year. Over the last decade, it increased at an average annual rate of +4.1%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 19%. Over the period under review, average import prices hit record highs at $X per unit in 2016; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :