Uruguay: Hand-Held Blow Pipe Market 2024

Hand-Held Blow Pipe Market Size in Uruguay

The Uruguayan hand-held blow pipe market amounted to $X in 2021, approximately equating 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, however, continues to indicate a buoyant expansion. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the near future.

Hand-Held Blow Pipe Exports

Exports from Uruguay

In 2021, shipments abroad of hand-held blow pipes for soldering, brazing or welding increased by 1,008% to X units, rising for the third year in a row after five years of decline. Over the period under review, exports, however, continue to indicate a dramatic contraction. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, hand-held blow pipe exports soared to $X in 2021. In general, exports, however, showed a dramatic setback. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Finland (X units) was the main destination for hand-held blow pipe exports from Uruguay, with a 76% share of total exports. Moreover, hand-held blow pipe exports to Finland exceeded the volume sent to the second major destination, Slovenia (X units), fourfold.

From 2012 to 2021, the average annual growth rate of volume to Finland stood at -2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+19.1% per year) and Serbia (+19.6% per year).

In value terms, Finland ($X) remains the key foreign market for hand-held blow pipes for soldering, brazing or welding exports from Uruguay, comprising 87% of total exports. The second position in the ranking was taken by Slovenia ($X), with an 8.3% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Finland stood at -7.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (-0.9% per year) and Serbia (+8.5% per year).

Export Prices by Country

In 2021, the average hand-held blow pipe export price amounted to $X per unit, waning by -29.9% against the previous year. Overall, the export price, however, enjoyed prominent growth. The growth pace was the most rapid in 2016 when the average export price increased by 164%. Over the period under review, the average export prices reached the maximum at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Serbia ($X per unit), while the average price for exports to Slovenia ($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 Panama (-2.5%), while the prices for the other major destinations experienced a decline.

Hand-Held Blow Pipe Imports

Imports into Uruguay

In 2021, the amount of hand-held blow pipes for soldering, brazing or welding imported into Uruguay contracted to X units, with a decrease of -2.2% against 2020 figures. Overall, imports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 88%. As a result, imports reached the peak of X units, and then fell modestly in the following year.

In value terms, hand-held blow pipe imports amounted to $X in 2021. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 66% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest hand-held blow pipe supplier to Uruguay, accounting for a 57% share of total imports. Moreover, hand-held blow pipe imports from China exceeded the figures recorded by the second-largest supplier, the Czech Republic (X units), sixfold. The third position in this ranking was taken by Taiwan (Chinese) (X units), with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +14.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+61.9% per year) and Taiwan (Chinese) (-2.5% per year).

In value terms, the largest hand-held blow pipe suppliers to Uruguay were the Czech Republic ($X), China ($X) and Taiwan (Chinese) ($X), together accounting for 52% of total imports. These countries were followed by Austria, Argentina, the United States, Chile and Belgium, which together accounted for a further 10%.

Belgium, with a CAGR of +93.3%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average hand-held blow pipe import price amounted to $X per unit, growing by 8.6% against the previous year. Over the period under review, the import price, however, showed a perceptible setback. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+4.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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