Uruguay: Men Swimwear Market 2025

Men Swimwear Market Size in Uruguay

In 2021, the Uruguayan men swimwear market decreased by -8.6% to $X, falling for the third year in a row after three years of growth. In general, consumption, however, recorded a tangible expansion. Men swimwear consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Men Swimwear Exports

Exports from Uruguay

In 2021, men swimwear exports from Uruguay surged to X units, increasing by 183% compared with the previous year's figure. Overall, exports recorded significant growth. The growth pace was the most rapid in 2018 when exports increased by 194% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, men swimwear exports soared to $X in 2021. In general, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2018 when exports increased by 183% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Mexico (X units) was the main destination for men swimwear exports from Uruguay, accounting for a 64% share of total exports. Moreover, men swimwear exports to Mexico exceeded the volume sent to the second major destination, Paraguay (X units), fivefold. Chile (X units) ranked third in terms of total exports with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Mexico stood at +82.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+27.3% per year) and Chile (+26.8% per year).

In value terms, Mexico ($X) remains the key foreign market for men’s swimwear (excluding of knitted or crocheted textiles) exports from Uruguay, comprising 64% of total exports. The second position in the ranking was taken by Colombia ($X), with a 14% share of total exports. It was followed by Paraguay, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Mexico stood at +55.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (0.0% per year) and Paraguay (+12.3% per year).

Export Prices by Country

The average men swimwear export price stood at $X per unit in 2021, falling by -5.5% against the previous year. Overall, the export price recorded a deep setback. The pace of growth was the most pronounced in 2015 an increase of 22%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Colombia ($X per unit), while the average price for exports to Ecuador ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+9.7%), while the prices for the other major destinations experienced mixed trend patterns.

Men Swimwear Imports

Imports into Uruguay

In 2021, purchases abroad of men’s swimwear (excluding of knitted or crocheted textiles) decreased by -16.7% to X units, falling for the third year in a row after three years of growth. Over the period under review, imports, however, posted a resilient expansion. The growth pace was the most rapid in 2016 with an increase of 115% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, men swimwear imports dropped modestly to $X in 2021. In general, imports, however, saw a pronounced increase. The pace of growth was the most pronounced in 2016 when imports increased by 106%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest men swimwear supplier to Uruguay, with a 80% share of total imports. Moreover, men swimwear imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X units), ninefold.

From 2012 to 2021, the average annual growth rate of volume from China stood at +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+43.1% per year) and Bangladesh (+36.1% per year).

In value terms, China ($X) constituted the largest supplier of men’s swimwear (excluding of knitted or crocheted textiles) to Uruguay, comprising 70% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 9.5% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+43.4% per year) and Bangladesh (+34.2% per year).

Import Prices by Country

In 2021, the average men swimwear import price amounted to $X per unit, picking up by 16% against the previous year. Over the period under review, the import price, however, recorded a perceptible downturn. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :