Report Update Feb 1, 2025

Uruguay - Instruments Using Optical Radiations - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Optical Radiation Instruments Market 2025

Optical Radiation Instruments Market Size in Uruguay

The Uruguayan optical radiation instruments market skyrocketed to $X in 2022, increasing by 39% 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). Over the period under review, consumption showed a measured expansion. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Optical Radiation Instruments Exports

Exports from Uruguay

In 2022, approx. X units of instruments using optical radiations were exported from Uruguay; which is down by -98% on 2021 figures. In general, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 1,500%. As a result, the exports reached the peak of X units, and then fell dramatically in the following year.

In value terms, optical radiation instruments exports reduced sharply to $X in 2022. Over the period under review, exports saw a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 1,766% against the previous year. As a result, the exports reached the peak of $X, and then contracted sharply in the following year.

Exports by Country

The United States (X units) was the main destination for optical radiation instruments exports from Uruguay, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +24.6%.

In value terms, the United States ($X) emerged as the key foreign market for instruments using optical radiations exports from Uruguay.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +23.2%.

Export Prices by Country

In 2022, the average optical radiation instruments export price amounted to $X per unit, with an increase of 78% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 133%. Over the period under review, the average export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to +301.7% per year.

Optical Radiation Instruments Imports

Imports into Uruguay

Optical radiation instruments imports into Uruguay rose significantly to X units in 2022, surging by 14% against the previous year. In general, imports saw a buoyant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 195%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, optical radiation instruments imports skyrocketed to $X in 2022. Over the period under review, imports saw slight growth. The most prominent rate of growth was recorded in 2015 when imports increased by 254% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States (X units), China (X units) and Mexico (X units) were the main suppliers of optical radiation instruments imports to Uruguay, together accounting for 59% of total imports. Taiwan (Chinese), Germany, Canada, India, Denmark, Singapore, Switzerland, Ireland and Japan lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +102.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest optical radiation instruments suppliers to Uruguay were the United States ($X), Denmark ($X) and Mexico ($X), with a combined 57% share of total imports. Germany, China, Switzerland, Singapore, Taiwan (Chinese), India, Canada, Ireland and Japan lagged somewhat behind, together comprising a further 34%.

Among the main suppliers, Taiwan (Chinese), with a CAGR of +100.9%, recorded the highest rates of growth with regard to 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 optical radiation instruments import price stood at $X per unit in 2022, jumping by 19% against the previous year. Overall, the import price, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2015 an increase of 20% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

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 Denmark ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for instruments using optical radiations in the world?

The countries with the highest volumes of optical radiation instruments consumption in 2021 were China, the United States and India, with a combined 41% share of global consumption. Germany, Russia, Japan, the Netherlands, France, the UK, South Korea, Canada, Spain and Italy lagged somewhat behind, together accounting for a further 30%.

What are the largest producers of instruments using optical radiations in the world?

China constituted the country with the largest volume of optical radiation instruments production, comprising approx. 30% of total volume. Moreover, optical radiation instruments production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by Germany, with an 8.3% share.

What are the leading suppliers of instruments using optical radiations to Uruguay?

In value terms, the United States, Germany and China constituted the largest optical radiation instruments suppliers to Uruguay, together accounting for 71% of total imports.

What are the leading importers of instruments using optical radiations from Uruguay?

It was followed by Italy, with a 5.5% share.

What is the average export price for instruments using optical radiations in Uruguay?

The average optical radiation instruments export price stood at $4,708 per unit in 2021, waning by -65.2% against the previous year.

What is the average import price for instruments using optical radiations in Uruguay?

In 2021, the average optical radiation instruments import price amounted to $84 per unit, with a decrease of -3.4% against the previous year.

This report provides an in-depth analysis of the optical radiation instruments 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 26515350 - Instruments and apparatus using optical radiations, n.e.c.

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
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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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024