Report Update Nov 1, 2024

Uruguay - Industrial Bakery Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Industrial Bakery Machinery Market 2024

Industrial Bakery Machinery Exports

Exports from Uruguay

In 2022, shipments abroad of industrial bakery machinery decreased by -20.2% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 800% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, industrial bakery machinery exports fell sharply to $X in 2022. In general, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of 830%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Paraguay (X units) was the main destination for industrial bakery machinery exports from Uruguay, accounting for a 56% share of total exports. Moreover, industrial bakery machinery exports to Paraguay exceeded the volume sent to the second major destination, Argentina (X units), threefold. Mexico (X units) ranked third in terms of total exports with a 9.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Paraguay totaled +21.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+5.6% per year) and Mexico (+23.1% per year).

In value terms, Argentina ($X) remains the key foreign market for industrial bakery machinery exports from Uruguay, comprising 54% of total exports. The second position in the ranking was taken by Paraguay ($X), with a 26% share of total exports. It was followed by Venezuela, with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Argentina stood at +31.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+7.5% per year) and Venezuela (-1.5% per year).

Export Prices by Country

In 2022, the average industrial bakery machinery export price amounted to $X per unit, dropping by -1.5% against the previous year. In general, the export price saw a mild decline. The most prominent rate of growth was recorded in 2020 an increase of 28%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per unit), while the average price for exports to the United States ($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 Argentina (+24.6%), while the prices for the other major destinations experienced a decline.

Industrial Bakery Machinery Imports

Imports into Uruguay

In 2022, after four years of growth, there was significant decline in overseas purchases of industrial bakery machinery, when their volume decreased by -8.3% to X units. Overall, total imports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.9% against 2017 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 26% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then fell in the following year.

In value terms, industrial bakery machinery imports contracted rapidly to $X in 2022. In general, imports recorded a perceptible contraction. The pace of growth appeared the most rapid in 2019 with an increase of 43%. Imports peaked at $X in 2021, and then contracted dramatically in the following year.

Imports by Country

China (X units), Brazil (X units) and Argentina (X units) were the main suppliers of industrial bakery machinery imports to Uruguay, together comprising 91% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +12.3%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest industrial bakery machinery suppliers to Uruguay were China ($X), Brazil ($X) and Italy ($X), with a combined 78% share of total imports.

Among the main suppliers, China, with a CAGR of +9.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average industrial bakery machinery import price amounted to $X per unit, reducing by -29.8% against the previous year. Over the period under review, the import price saw a deep downturn. The pace of growth appeared the most rapid in 2019 an increase of 15%. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+38.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for industrial bakery machinery in the world?

The countries with the highest volumes of in 2021 were China, South Africa and the United States, together comprising 85% of global consumption.

What are the largest producers of industrial bakery machinery in the world?

The country with the largest volume of industrial bakery machinery production was China, comprising approx. 77% of total volume. Moreover, industrial bakery machinery production in China exceeded the figures recorded by the second-largest producer, Italy, more than tenfold. India ranked third in terms of total production with a 2.5% share.

What are the leading suppliers of industrial bakery machinery to Uruguay?

In value terms, Italy constituted the largest supplier of industrial bakery machinery to Uruguay, comprising 39% of total imports. The second position in the ranking was occupied by China, with a 17% share of total imports. It was followed by Brazil, with a 12% share.

What are the leading importers of industrial bakery machinery from Uruguay?

In value terms, the largest markets for industrial bakery machinery exported from Uruguay were Paraguay, Argentina and Ecuador, with a combined 86% share of total exports.

What is the average export price for industrial bakery machinery in Uruguay?

The average industrial bakery machinery export price stood at $4,890 per unit in 2021, surging by 5.1% against the previous year.

What is the average import price for industrial bakery machinery in Uruguay?

The average industrial bakery machinery import price stood at $744 per unit in 2021, falling by -15.6% against the previous year.

This report provides an in-depth analysis of the industrial bakery machinery 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 28931713 - Industrial bakery machinery (excluding non-electric ovens)

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