Uruguay: Non-Combined Refrigerator-Freezer Market 2025

Non-Combined Refrigerator-Freezer Market Size in Uruguay

The Uruguayan non-combined refrigerator-freezer market soared to $X in 2022, growing by 72% 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). In general, consumption recorded a moderate expansion. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Non-Combined Refrigerator-Freezer Exports

Exports from Uruguay

In 2022, overseas shipments of household refrigerators and freezers (not combined) decreased by -92% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 2,322% against the previous year. As a result, the exports attained the peak of X units, and then shrank dramatically in the following year.

In value terms, non-combined refrigerator-freezer exports contracted markedly to $X in 2022. Over the period under review, exports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 503%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Paraguay (X units) was the main destination for non-combined refrigerator-freezer exports from Uruguay, with a 57% share of total exports. Moreover, non-combined refrigerator-freezer exports to Paraguay exceeded the volume sent to the second major destination, Chile (X units), threefold. Italy (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Paraguay totaled -11.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+7.2% per year) and Italy (0.0% per year).

In value terms, Paraguay ($X), Italy ($X) and Chile ($X) appeared to be the largest markets for non-combined refrigerator-freezer exported from Uruguay worldwide, with a combined 72% share of total exports.

Chile, with a CAGR of +14.4%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average non-combined refrigerator-freezer export price amounted to $X per unit, increasing by 771% against the previous year. In general, the export price, however, saw a pronounced contraction. The export price peaked at $X per unit in 2016; however, from 2017 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 the UK ($X per unit), while the average price for exports to Paraguay ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+6.7%), while the prices for the other major destinations experienced a decline.

Non-Combined Refrigerator-Freezer Imports

Imports into Uruguay

In 2022, non-combined refrigerator-freezer imports into Uruguay surged to X units, increasing by 34% against the previous year's figure. Overall, imports enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2013 with an increase of 85% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, non-combined refrigerator-freezer imports soared to $X in 2022. In general, imports posted a resilient expansion. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of non-combined refrigerator-freezer to Uruguay, with a 83% share of total imports. Moreover, non-combined refrigerator-freezer imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X units), sevenfold.

From 2012 to 2022, the average annual growth rate of volume from China stood at +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+4.4% per year) and Turkey (+26.9% per year).

In value terms, China ($X) constituted the largest supplier of household refrigerators and freezers (not combined) to Uruguay, comprising 60% of total imports. The second position in the ranking was taken by Brazil ($X), with a 23% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+5.9% per year) and Turkey (+37.6% per year).

Import Prices by Country

In 2022, the average non-combined refrigerator-freezer import price amounted to $X per unit, increasing by 36% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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