Report Update Nov 1, 2024

Uruguay - Industrial Non-Automatic Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Market for Industrial Sewing Machines (Non-Automatic) 2024

Market Size for Industrial Sewing Machines (Non-Automatic) in Uruguay

The Uruguayan industrial sewing machines (non-automatic) market skyrocketed to $X in 2022, surging by 78% 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). Overall, consumption, however, saw a abrupt shrinkage. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Exports of Industrial Sewing Machines (Non-Automatic)

Exports from Uruguay

For the fourth consecutive year, Uruguay recorded growth in shipments abroad of industrial sewing machines (non-automatic), which increased by 120% to X units in 2022. Overall, exports, however, showed a mild slump. The pace of growth appeared the most rapid in 2021 when exports increased by 285%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, industrial sewing machines (non-automatic) exports surged to $X in 2022. Over the period under review, exports, however, showed a slight slump. The pace of growth appeared the most rapid in 2021 when exports increased by 390%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Argentina (X units) was the main destination for industrial sewing machines (non-automatic) exports from Uruguay, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Argentina amounted to +23.8%.

In value terms, Argentina ($X) emerged as the key foreign market for industrial sewing machines (non-automatic) exports from Uruguay.

From 2012 to 2022, the average annual growth rate of value to Argentina totaled +19.0%.

Export Prices by Country

The average industrial sewing machines (non-automatic) export price stood at $X per unit in 2022, with a decrease of -34.1% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 135% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +34.5% per year.

Imports of Industrial Sewing Machines (Non-Automatic)

Imports into Uruguay

In 2022, the amount of industrial sewing machines (non-automatic) imported into Uruguay surged to X units, rising by 119% on the year before. Overall, imports, however, continue to indicate a abrupt slump. Over the period under review, imports reached the maximum at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, industrial sewing machines (non-automatic) imports soared to $X in 2022. Over the period under review, imports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 66% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of industrial sewing machines (non-automatic) to Uruguay, with a 48% share of total imports. Moreover, industrial sewing machines (non-automatic) imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. The third position in this ranking was held by Japan (X units), with a 19% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+16.4% per year) and Japan (+0.8% per year).

In value terms, China ($X), the United States ($X) and Japan ($X) constituted the largest industrial sewing machines (non-automatic) suppliers to Uruguay, with a combined 84% share of total imports.

In terms of the main suppliers, the United States, with a CAGR of +8.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average industrial sewing machines (non-automatic) import price stood at $X per unit in 2022, with a decrease of -33.5% against the previous year. Overall, the import price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2016 an increase of 84% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.4%), 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 sewing machines (non-automatic) in the world?

The countries with the highest volumes of industrial sewing machines non-automatic) consumption in 2021 were China, South Africa and India, together comprising 80% of global consumption.

What are the largest producers of industrial sewing machines (non-automatic) in the world?

China constituted the country with the largest volume of industrial sewing machines non-automatic) production, accounting for 91% of total volume. Moreover, industrial sewing machines non-automatic) production in China exceeded the figures recorded by the second-largest producer, Japan, more than tenfold. The third position in this ranking was occupied by Singapore, with a 1.6% share.

What are the leading suppliers of industrial sewing machines (non-automatic) to Uruguay?

In value terms, Germany constituted the largest supplier of industrial sewing machines non-automatic) to Uruguay, comprising 59% of total imports. The second position in the ranking was occupied by China, with a 10% share of total imports. It was followed by Argentina, with a 7.9% share.

What are the leading importers of industrial sewing machines (non-automatic) from Uruguay?

In value terms, the United States remains the key foreign market for industrial sewing machines non-automatic) exports from Uruguay, comprising 85% of total exports. The second position in the ranking was occupied by the Netherlands, with an 11% share of total exports. It was followed by Argentina, with a 1.7% share.

What is the average export price for industrial sewing machines (non-automatic) in Uruguay?

In 2021, the average industrial sewing machines non-automatic) export price amounted to $1,575 per unit, with a decrease of -10.1% against the previous year.

What is the average import price for industrial sewing machines (non-automatic) in Uruguay?

The average industrial sewing machines non-automatic) import price stood at $590 per unit in 2021, jumping by 167% against the previous year.

This report provides an in-depth analysis of the market for industrial sewing machines (non-automatic) 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 28942450 - Industrial sewing machines (excluding book-sewing machines, automatic machines)

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