Uruguay: Domestic Electro-Thermic Appliances Market 2024

Domestic Electro-Thermic Appliances Market Size in Uruguay

In 2022, the Uruguayan domestic electro-thermic appliances market decreased by X% to $X for the first time since 2014, thus ending a seven-year rising trend. Overall, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2012 indices. As a result, consumption reached the peak level of $X, and then declined in the following year.

Domestic Electro-Thermic Appliances Production in Uruguay

In value terms, domestic electro-thermic appliances production totaled $X in 2022 estimated in export price. Over the period under review, production recorded a buoyant expansion. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Domestic electro-thermic appliances production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Domestic Electro-Thermic Appliances Exports

Exports from Uruguay

In 2022, shipments abroad of domestic electro-thermic appliances decreased by X% to X units, falling for the fourth year in a row after three years of growth. Overall, exports saw a deep reduction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, domestic electro-thermic appliances exports declined sharply to $X in 2022. In general, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Paraguay (X units) was the main destination for domestic electro-thermic appliances exports from Uruguay, with a X% share of total exports. Moreover, domestic electro-thermic appliances exports to Paraguay exceeded the volume sent to the second major destination, Chile (X units), threefold. Free Zones (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Paraguay stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (X% per year) and Free Zones (X% per year).

In value terms, Paraguay ($X) remains the key foreign market for domestic electro-thermic appliances exports from Uruguay, comprising X% of total exports. The second position in the ranking was held by Argentina ($X), with a X% share of total exports. It was followed by Chile, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Paraguay totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (X% per year) and Chile (X% per year).

Export Prices by Country

In 2022, the average domestic electro-thermic appliances export price amounted to $X per unit, with a decrease of X% against the previous year. In general, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, domestic electro-thermic appliances export price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2021, and then fell in the following year.

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

Domestic Electro-Thermic Appliances Imports

Imports into Uruguay

In 2022, approx. X units of domestic electro-thermic appliances were imported into Uruguay; with a decrease of X% against the previous year. Overall, total imports indicated a temperate expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then declined markedly in the following year.

In value terms, domestic electro-thermic appliances imports fell to $X in 2022. Over the period under review, total imports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

In 2022, China (X units) was the main supplier of domestic electro-thermic appliances to Uruguay, with a X% share of total imports. It was followed by Egypt (X units), with a X% share of total imports. The third position in this ranking was taken by Turkey (X units), with a X% share.

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

In value terms, China ($X) constituted the largest supplier of domestic electro-thermic appliances to Uruguay, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by Egypt, with an X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Egypt (X% per year).

Import Prices by Country

In 2022, the average domestic electro-thermic appliances import price amounted to $X per unit, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform