Report Update Nov 1, 2024

Uruguay - Electric Space Heating Apparatus and Soil Heating Apparatus - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Electric Heating Equipment Market 2024

Electric Heating Equipment Market Size in Uruguay

The Uruguayan electric heating equipment market shrank to $X in 2022, waning by -5.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a perceptible downturn. Electric heating equipment consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Electric Heating Equipment Exports

Exports from Uruguay

In 2022, overseas shipments of electric space heating apparatus and soil heating apparatus decreased by -96.3% to X units, falling for the third consecutive year after two years of growth. Over the period under review, exports saw a sharp descent. The growth pace was the most rapid in 2018 when exports increased by 250% against the previous year. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, electric heating equipment exports dropped dramatically to $X in 2022. Overall, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of 704%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Denmark (X units) was the main destination for electric heating equipment exports from Uruguay, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Denmark was relatively modest.

In value terms, Denmark ($X) emerged as the key foreign market for electric space heating apparatus and soil heating apparatus exports from Uruguay.

From 2012 to 2022, the average annual growth rate of value to Denmark was relatively modest.

Export Prices by Country

In 2022, the average electric heating equipment export price amounted to $X per unit, rising by 150% against the previous year. Over the period under review, the export price enjoyed resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +1.2% per year.

Electric Heating Equipment Imports

Imports into Uruguay

In 2022, the amount of electric space heating apparatus and soil heating apparatus imported into Uruguay declined to X units, dropping by -8.9% against 2021 figures. Overall, imports showed a pronounced setback. The pace of growth appeared the most rapid in 2017 with an increase of 85%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, electric heating equipment imports dropped modestly to $X in 2022. Over the period under review, imports recorded a mild curtailment. The growth pace was the most rapid in 2017 when imports increased by 74% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) was the main supplier of electric heating equipment to Uruguay, with a approx. 98% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled -2.9%.

In value terms, China ($X) constituted the largest supplier of electric space heating apparatus and soil heating apparatus to Uruguay.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to -1.7%.

Import Prices by Country

The average electric heating equipment import price stood at $X per unit in 2022, rising by 4.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2015 when the average import price increased by 17% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.3% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric space heating apparatus and soil heating apparatus in the world?

The countries with the highest volumes of in 2021 were China, South Africa and the United States, together comprising 82% of global consumption.

What are the largest producers of electric space heating apparatus and soil heating apparatus in the world?

China remains the largest electric heating equipment producing country worldwide, accounting for 84% of total volume. It was followed by India, with a 2.4% share of total production. Pakistan ranked third in terms of total production with a 1.7% share.

What are the leading suppliers of electric space heating apparatus and soil heating apparatus to Uruguay?

In value terms, China constituted the largest supplier of electric heating equipment to Uruguay, comprising 87% of total imports. The second position in the ranking was occupied by Hong Kong SAR, with a 1.6% share of total imports.

What are the leading importers of electric space heating apparatus and soil heating apparatus from Uruguay?

In value terms, Paraguay and Venezuela were the largest markets for electric heating equipment exported from Uruguay worldwide.

What is the average export price for electric space heating apparatus and soil heating apparatus in Uruguay?

In 2021, the average electric heating equipment export price amounted to $33 per unit, falling by -5.6% against the previous year.

What is the average import price for electric space heating apparatus and soil heating apparatus in Uruguay?

In 2021, the average electric heating equipment import price amounted to $13 per unit, increasing by 5.7% against the previous year.

This report provides an in-depth analysis of the electric heating equipment 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 27512630 - Electric storage heating radiators
Prodcom 27512650 - Electric radiators, convection heaters and heaters or fires with built-in fans
Prodcom 27512690 - Other electric space heaters

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023