Uruguay: Manostat Market 2025

Manostat Market Size in Uruguay

In 2022, the Uruguayan manostat market increased by 33% to $X, rising for the second year in a row after two years of decline. Overall, the total consumption indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +89.5% against 2020 indices. Manostat consumption peaked in 2022 and is likely to continue growth in years to come.

Manostat Exports

Exports from Uruguay

In 2022, approx. X units of manostats were exported from Uruguay; falling by -20% compared with the previous year's figure. Over the period under review, exports faced a dramatic slump. The most prominent rate of growth was recorded in 2019 with an increase of 1,860%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, manostat exports soared to $X in 2022. In general, exports saw a abrupt curtailment. The pace of growth was the most pronounced in 2019 when exports increased by 14,114% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X units), Argentina (X units) and Colombia (X units) were the main destinations of manostat exports from Uruguay. Moreover, manostat exports in Germany exceeded the figures recorded by the second-largest exporter, Argentina, twofold.

From 2012 to 2022, the biggest increases were recorded for Argentina (with a CAGR of 0.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) remains the key foreign market for manostats exports from Uruguay, comprising 79% of total exports. The second position in the ranking was taken by Argentina ($X), with a 16% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Germany stood at -11.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+184.4% per year) and Colombia (+40.0% per year).

Export Prices by Country

In 2022, the average manostat export price amounted to $X per unit, rising by 267% against the previous year. Overall, the export price showed a strong expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 625%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a somewhat 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 Germany ($X per unit), while the average price for exports to Colombia ($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 (+184.4%), while the prices for the other major destinations experienced more modest paces of growth.

Manostat Imports

Imports into Uruguay

For the third year in a row, Uruguay recorded growth in purchases abroad of manostats, which increased by 63% to X units in 2022. In general, imports saw a notable expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, manostat imports surged to $X in 2022. Over the period under review, total imports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.0% 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 +73.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest manostat supplier to Uruguay, accounting for a 65% share of total imports. Moreover, manostat imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. Spain (X units) ranked third in terms of total imports with a 2.1% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+12.3% per year) and Spain (+1.0% per year).

In value terms, China ($X), Italy ($X) and Poland ($X) were the largest manostat suppliers to Uruguay, with a combined 53% share of total imports.

In terms of the main suppliers, China, with a CAGR of +15.8%, 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 manostat import price stood at $X per unit in 2022, with a decrease of -25% against the previous year. Over the period under review, the import price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 30%. The import price peaked at $X per unit in 2017; however, from 2018 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 Poland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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