Report Update Nov 1, 2024

Uruguay - Festive or Carnival Articles - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Festive Articles Market 2024

Festive Articles Market Size in Uruguay

In 2022, the Uruguayan festive articles market increased by 129% to $X, rising for the second consecutive year after four years of decline. Overall, consumption, however, recorded a slight decrease. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Festive Articles Exports

Exports from Uruguay

For the fourth year in a row, Uruguay recorded decline in shipments abroad of festive or carnival articles, which decreased by -28% to X kg in 2022. Over the period under review, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of 261%. Over the period under review, the exports reached the maximum at X kg in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, festive articles exports shrank rapidly to $X in 2022. In general, exports showed a significant decline. The most prominent rate of growth was recorded in 2013 when exports increased by 240%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Spain (X kg) was the main destination for festive articles exports from Uruguay, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Spain amounted to +37.9%.

In value terms, Spain ($X) emerged as the key foreign market for festive or carnival articles exports from Uruguay.

From 2012 to 2022, the average annual growth rate of value to Spain stood at +13.1%.

Export Prices by Country

In 2022, the average festive articles export price amounted to $X per ton, reducing by -27% against the previous year. Over the period under review, the export price showed a deep reduction. The pace of growth was the most pronounced in 2017 when the average export price increased by 82%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +82.2% per year.

Festive Articles Imports

Imports into Uruguay

In 2022, overseas purchases of festive or carnival articles were finally on the rise to reach X tons after two years of decline. Overall, imports, however, saw a pronounced decline. The pace of growth appeared the most rapid in 2016 when imports increased by 129%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, festive articles imports soared to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of festive articles to Uruguay, accounting for a 80% share of total imports. Moreover, festive articles imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X tons), sixfold. India (X tons) ranked third in terms of total imports with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+37.0% per year) and India (+44.3% per year).

In value terms, China ($X) constituted the largest supplier of festive or carnival articles to Uruguay, comprising 76% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with an 18% share of total imports. It was followed by India, with a 3.3% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+38.6% per year) and India (+38.4% per year).

Import Prices by Country

The average festive articles import price stood at $X per ton in 2022, remaining stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2021 an increase of 24%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Hong Kong SAR ($X per ton) and Argentina ($X per ton), while the price for China ($X per ton) and India ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+41.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for festive or carnival articles in the world?

The United States constituted the country with the largest volume of festive articles consumption, accounting for 39% of total volume. Moreover, festive articles consumption in the United States exceeded the figures recorded by the second-largest consumer, China, twofold. India ranked third in terms of total consumption with a 5.2% share.

What are the largest producers of festive or carnival articles in the world?

The country with the largest volume of festive articles production was China, comprising approx. 61% of total volume. Moreover, festive articles production in China exceeded the figures recorded by the second-largest producer, India, ninefold. The third position in this ranking was occupied by Indonesia, with a 3.3% share.

What are the leading suppliers of festive or carnival articles to Uruguay?

In value terms, China constituted the largest supplier of festive articles to Uruguay, comprising 57% of total imports. The second position in the ranking was occupied by Colombia, with a 14% share of total imports. It was followed by Hong Kong SAR, with an 11% share.

What are the leading importers of festive or carnival articles from Uruguay?

In value terms, Ecuador remains the key foreign market for festive articles exports from Uruguay, comprising 85% of total exports. The second position in the ranking was occupied by Paraguay $218), with a 5.7% share of total exports.

What is the average export price for festive or carnival articles in Uruguay?

The average festive articles export price stood at $6,467 per ton in 2021, falling by -26.4% against the previous year.

What is the average import price for festive or carnival articles in Uruguay?

In 2021, the average festive articles import price amounted to $3,967 per ton, which is down by -12.9% against the previous year.

This report provides an in-depth analysis of the festive articles 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 32995150 - Festive, carnival or other entertainment articles, n.e.c.

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