Uruguay: Market for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals 2025

Market Size for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in Uruguay

In 2022, the Uruguayan market for fully or partly automatic electric machines for arc welding of metals increased by 47% to $X, rising for the second consecutive year after four years of decline. In general, consumption continues to indicate a relatively flat trend pattern. Consumption of peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Exports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Exports from Uruguay

In 2022, overseas shipments of fully or partly automatic electric machines for arc welding of metals increased by 553% to X units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a perceptible curtailment. The growth pace was the most rapid in 2019 with an increase of 1,600%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, exports of fully or partly automatic electric machines for arc welding of metals surged to $X in 2022. Over the period under review, exports, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2019 with an increase of 788% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Argentina (X units) was the main destination for exports of fully or partly automatic electric machines for arc welding of metals from Uruguay, accounting for a 95% share of total exports. Moreover, exports of fully or partly automatic electric machines for arc welding of metals to Argentina exceeded the volume sent to the second major destination, Mexico (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Argentina amounted to +2.2%.

In value terms, Argentina ($X) remains the key foreign market for fully or partly automatic electric machines for arc welding of metals exports from Uruguay, comprising 97% of total exports. The second position in the ranking was taken by Mexico ($X), with a 2.8% share of total exports.

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

Export Prices by Country

The average export price for fully or partly automatic electric machines for arc welding of metals stood at $X per unit in 2022, falling by -45.2% against the previous year. In general, the export price saw a pronounced reduction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 83% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($X per unit), while the average price for exports to Mexico amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+18.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Imports into Uruguay

In 2022, supplies from abroad of fully or partly automatic electric machines for arc welding of metals increased by 90% to X units, rising for the second year in a row after two years of decline. In general, imports, however, continue to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 155%. Imports peaked at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of fully or partly automatic electric machines for arc welding of metals skyrocketed to $X in 2022. Over the period under review, imports recorded a slight increase. The most prominent rate of growth was recorded in 2021 with an increase of 304%. Over the period under review, imports of hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Argentina (X units) and Finland (X units) were the main suppliers of imports of fully or partly automatic electric machines for arc welding of metals to Uruguay, with a combined 69% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of +30.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Finland ($X), Italy ($X) and China ($X) appeared to be the largest fully or partly automatic arc welding machine suppliers to Uruguay, with a combined 72% share of total imports.

In terms of the main suppliers, Finland, with a CAGR of +27.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for fully or partly automatic electric machines for arc welding of metals stood at $X per unit in 2022, dropping by -7.8% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fully or partly automatic electric machines for arc welding of metals increased by +46.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 59%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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