Uruguay: Electronic Metal Tester Market 2025

Electronic Metal Tester Market Size in Uruguay

In 2021, the Uruguayan electronic metal tester market increased by 84% to $X, rising for the fourth year in a row after two years of decline. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Electronic Metal Tester Production in Uruguay

In value terms, electronic metal tester production dropped slightly to $X in 2021 estimated in export price. Over the period under review, production saw a slight contraction. The most prominent rate of growth was recorded in 2020 when the production volume increased by 4.9% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Electronic Metal Tester Exports

Exports from Uruguay

In 2021, shipments abroad of electronic machines and appliances for testing metals decreased by -66.7% to X units, falling for the fourth consecutive year after two years of growth. Over the period under review, exports faced a deep downturn. The pace of growth appeared the most rapid in 2017 when exports increased by 638% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, electronic metal tester exports fell significantly to $X in 2021. Overall, exports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2017 when exports increased by 601% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Peru (X units) was the main destination for electronic metal tester exports from Uruguay, accounting for a approx. 50% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Peru amounted to -14.5%.

In value terms, the largest markets for electronic metal tester exported from Uruguay were Peru ($X), Ecuador ($X) and Brazil ($X). Moreover, electronic metal tester exports in Peru exceeded the figures recorded by the second-largest exporter, Ecuador, twofold.

Peru, with a CAGR of -0.4%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average electronic metal tester export price stood at $X per unit in 2021, with a decrease of -42% against the previous year. Overall, the export price faced a abrupt descent. The pace of growth was the most pronounced in 2014 when the average export price increased by 90% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Ecuador ($X per unit), while the average price for exports to Brazil ($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 Peru (+10.9%), while the prices for the other major destinations experienced a decline.

Electronic Metal Tester Imports

Imports into Uruguay

In 2021, electronic metal tester imports into Uruguay surged to X units, with an increase of 1,600% against 2020 figures. Over the period under review, imports showed a tangible expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electronic metal tester imports skyrocketed to $X in 2021. In general, imports, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2014 when imports increased by 685%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Turkey (X units) constituted the largest electronic metal tester supplier to Uruguay, with a 63% share of total imports. Moreover, electronic metal tester imports from Turkey exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. The third position in this ranking was held by China (X units), with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+22.7% per year) and China (-18.5% per year).

In value terms, the largest electronic metal tester suppliers to Uruguay were the United States ($X), Germany ($X) and China ($X), together comprising 86% of total imports.

Germany, with a CAGR of +94.9%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electronic metal tester import price stood at $X per unit in 2021, reducing by -54.3% against the previous year. Over the period under review, the import price saw a deep reduction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 83% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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