Uruguay: Ceramic Statuette Market 2025

Ceramic Statuette Market Size in Uruguay

The Uruguayan ceramic statuette market was estimated at $X in 2022, increasing by 4.3% against the previous year. Over the period under review, consumption saw modest growth. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Ceramic Statuette Production in Uruguay

In value terms, ceramic statuette production rose markedly to $X in 2022 estimated in export price. In general, the total production indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -5.6% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the production volume increased by 34% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Ceramic Statuette Exports

Exports from Uruguay

In 2022, overseas shipments of ceramic statuettes and other ornamental articles increased by 37% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2018 when exports increased by 50%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, ceramic statuette exports shrank to $X in 2022. Overall, exports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 46% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for ceramic statuette exports from Uruguay, with a 54% share of total exports. Moreover, ceramic statuette exports to the United States exceeded the volume sent to the second major destination, Australia (X tons), threefold. The third position in this ranking was held by Singapore (X tons), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to -8.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+20.5% per year) and Singapore (-9.0% per year).

In value terms, the largest markets for ceramic statuette exported from Uruguay were the United States ($X), Spain ($X) and France ($X), with a combined 42% share of total exports.

Spain, with a CAGR of +7.3%, saw the highest rates of growth with regard to the value of exports, in terms of 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 ceramic statuette export price amounted to $X per ton, dropping by -37.9% against the previous year. Over the period under review, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ceramic statuette export price decreased by -41.7% against 2019 indices. The pace of growth was the most pronounced in 2019 when the average export price increased by 90% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Ceramic Statuette Imports

Imports into Uruguay

In 2022, purchases abroad of ceramic statuettes and other ornamental articles increased by 0.3% to X tons, rising for the third year in a row after two years of decline. In general, imports, however, saw a mild downturn. The pace of growth appeared the most rapid in 2015 when imports increased by 53% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, ceramic statuette imports expanded rapidly to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 67%. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of ceramic statuette to Uruguay, with a 59% share of total imports. Moreover, ceramic statuette imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), twofold. The third position in this ranking was taken by Morocco (X tons), with a 5.9% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+6.8% per year) and Morocco (+13.1% per year).

In value terms, China ($X) constituted the largest supplier of ceramic statuettes and other ornamental articles to Uruguay, comprising 70% of total imports. The second position in the ranking was held by Vietnam ($X), with a 12% share of total imports. It was followed by India, with a 4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+9.4% per year) and India (+27.2% per year).

Import Prices by Country

The average ceramic statuette import price stood at $X per ton in 2022, picking up by 11% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2016 when the average import price increased by 37%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 India ($X per ton), while the price for Morocco ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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