Report Update Nov 1, 2024

Uruguay - Metal Cutting Shears and Similar Hand Tools - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Metal Cutting Shear Market 2024

Metal Cutting Shear Market Size in Uruguay

After two years of growth, the Uruguayan metal cutting shear market decreased by -23.8% to $X in 2022. In general, consumption, however, posted a pronounced expansion. As a result, consumption reached the peak level of $X, and then contracted dramatically in the following year.

Metal Cutting Shear Exports

Exports from Uruguay

In 2022, approx. X kg of metal cutting shears and similar hand tools were exported from Uruguay; growing by 72% on 2021. Overall, exports enjoyed a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 780% against the previous year. As a result, the exports attained the peak of X kg. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, metal cutting shear exports surged to $X in 2022. In general, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,089% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Serbia (X kg), Slovenia (X kg) and Cyprus (X kg) were the main destinations of metal cutting shear exports from Uruguay, with a combined 94% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of +10.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal cutting shear exported from Uruguay were Slovenia ($X), Serbia ($X) and Cyprus ($X), together comprising 97% of total exports.

Slovenia, with a CAGR of +22.7%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average metal cutting shear export price stood at $X per ton in 2022, dropping by -10% against the previous year. In general, the export price, however, enjoyed strong growth. The pace of growth was the most pronounced in 2014 an increase of 129%. The export price peaked at $X per ton in 2021, and then fell in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($X per ton), while the average price for exports to Cyprus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+11.5%).

Metal Cutting Shear Imports

Imports into Uruguay

In 2022, purchases abroad of metal cutting shears and similar hand tools decreased by -22% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, metal cutting shear imports shrank remarkably to $X in 2022. In general, imports, however, continue to indicate a tangible increase. The most prominent rate of growth was recorded in 2021 when imports increased by 64% against the previous year. As a result, imports reached the peak of $X, and then shrank notably in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of metal cutting shear to Uruguay, with a 86% share of total imports. Moreover, metal cutting shear imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X kg), eightfold. The third position in this ranking was taken by the United States (X kg), with a 0.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+1.8% per year) and the United States (-28.7% per year).

In value terms, China ($X) constituted the largest supplier of metal cutting shears and similar hand tools to Uruguay, comprising 66% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 17% share of total imports. It was followed by the United States, with a 2.9% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +12.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+6.5% per year) and the United States (-15.2% per year).

Import Prices by Country

In 2022, the average metal cutting shear import price amounted to $X per ton, with a decrease of -2.7% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2018 when the average import price increased by 28% against the previous year. The import price peaked at $X per ton in 2021, and then declined in the following year.

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 the United States ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+18.9%), 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 metal cutting shears and similar hand tools in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 39% share of global consumption. These countries were followed by Japan, Taiwan Chinese), Germany, Russia, Pakistan, the UK, Mexico, South Korea, Italy and Spain, which together accounted for a further 32%.

What are the largest producers of metal cutting shears and similar hand tools in the world?

The country with the largest volume of metal cutting shear production was China, accounting for 47% of total volume. Moreover, metal cutting shear production in China exceeded the figures recorded by the second-largest producer, India, fivefold. Taiwan Chinese) ranked third in terms of total production with a 5.8% share.

What are the leading suppliers of metal cutting shears and similar hand tools to Uruguay?

In value terms, China constituted the largest supplier of metal cutting shear to Uruguay, comprising 36% of total imports. The second position in the ranking was occupied by Taiwan Chinese), with a 14% share of total imports. It was followed by Spain, with a 5.3% share.

What are the leading importers of metal cutting shears and similar hand tools from Uruguay?

In value terms, Slovenia $117) remains the key foreign market for metal cutting shear exports from Uruguay.

What is the average export price for metal cutting shears and similar hand tools in Uruguay?

The average metal cutting shear export price stood at $5,021 per ton in 2021, reducing by -5.7% against the previous year.

What is the average import price for metal cutting shears and similar hand tools in Uruguay?

The average metal cutting shear import price stood at $6,669 per ton in 2021, reducing by -3.1% against the previous year.

This report provides an in-depth analysis of the metal cutting shear 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 25733023 - Metal cutting shears and similar hand tools

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