Uruguay - Electric Hair Dryers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingUruguay: Electric Hair Dryer Market 2024
Electric Hair Dryer Market Size in Uruguay
In 2021, the Uruguayan electric hair dryer market increased by 10% to $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.
Electric Hair Dryer Exports
Exports from Uruguay
In 2021, approx. X units of electric hair dryers were exported from Uruguay; with a decrease of -56.2% compared with 2020. Overall, exports faced a dramatic decrease. The most prominent rate of growth was recorded in 2018 when exports increased by 303%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.
In value terms, electric hair dryer exports fell significantly to $X in 2021. Over the period under review, exports continue to indicate a significant decrease. The most prominent rate of growth was recorded in 2018 when exports increased by 294%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Chile (X units), Free Zones (X units) and Paraguay (X units) were the main destinations of electric hair dryer exports from Uruguay, together comprising 72% of total exports. Ecuador, Peru, Colombia, Panama, Costa Rica and Brazil lagged somewhat behind, together comprising a further 28%.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ecuador (with a CAGR of 0.0%), while the other leaders experienced a decline.
In value terms, Chile ($X) remains the key foreign market for electric hair dryers exports from Uruguay, comprising 57% of total exports. The second position in the ranking was taken by Colombia ($X), with a 12% share of total exports. It was followed by Ecuador, with an 8.5% share.
From 2012 to 2021, the average annual growth rate of value to Chile stood at -12.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (-10.6% per year) and Ecuador (0.0% per year).
Export Prices by Country
In 2021, the average electric hair dryer export price amounted to $X per unit, picking up by 32% against the previous year. Overall, export price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +8.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably country of destination: the country with the highest price was Colombia ($X per unit), while the average price for exports to Free Zones ($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 Colombia (+23.5%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Hair Dryer Imports
Imports into Uruguay
After two years of growth, overseas purchases of electric hair dryers decreased by -8.8% to X units in 2021. Overall, imports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2017 when imports increased by 25%. Imports peaked at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.
In value terms, electric hair dryer imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by 31%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, China (X units) was the main electric hair dryer supplier to Uruguay, with a 94% share of total imports. It was followed by Argentina (X units), with a 1.6% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -2.0%.
In value terms, China ($X) constituted the largest supplier of electric hair dryers to Uruguay, comprising 91% of total imports. The second position in the ranking was taken by Argentina ($X), with a 1.6% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +1.7%.
Import Prices by Country
The average electric hair dryer import price stood at $X per unit in 2021, increasing by 29% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the average import price increased by 48% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Argentina ($X per unit), while the price for China amounted to $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.8%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the electric hair dryer market in Uruguay. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27512310 - Electric hair dryers
Country coverage:
- Uruguay
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Uruguay
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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