Uruguay: Multiple Loudspeakers Market 2025

Multiple Loudspeakers Market Size in Uruguay

In 2021, the Uruguayan multiple loudspeakers market was finally on the rise to reach $X after three years of decline. In general, the total consumption indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -23.6% against 2017 indices. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Multiple Loudspeakers Exports

Exports from Uruguay

In 2021, after three years of growth, there was significant decline in shipments abroad of multiple loudspeakers (in enclosure), when their volume decreased by -18.8% to X units. Over the period under review, exports saw a deep reduction. The pace of growth appeared the most rapid in 2014 with an increase of 1,075% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, multiple loudspeakers exports shrank remarkably to $X in 2021. In general, exports recorded a abrupt curtailment. The growth pace was the most rapid in 2018 with an increase of 875%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Chile (X units) was the main destination for multiple loudspeakers exports from Uruguay, accounting for a 100% share of total exports. It was followed by Brazil (X units), with a 0.2% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Chile stood at -5.2%.

In value terms, Chile ($X) remains the key foreign market for multiple loudspeakers (in enclosure) exports from Uruguay, comprising 99% of total exports. The second position in the ranking was taken by Brazil ($X), with a 0.7% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Chile totaled -5.5%.

Export Prices by Country

In 2021, the average multiple loudspeakers export price amounted to $X per unit, falling by -1.7% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 125% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Brazil ($X per unit), while the average price for exports to Chile amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+24.3%), while the prices for the other major destinations experienced mixed trend patterns.

Multiple Loudspeakers Imports

Imports into Uruguay

In 2021, purchases abroad of multiple loudspeakers (in enclosure) was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, total imports indicated a temperate increase from 2012 to 2021: its volume increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -24.2% against 2018 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 31% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, multiple loudspeakers imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -24.1% against 2017 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 62%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest multiple loudspeakers supplier to Uruguay, accounting for a 71% share of total imports. Moreover, multiple loudspeakers imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), fourfold. The third position in this ranking was held by Hong Kong SAR (X units), with a 5.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+7.0% per year) and Hong Kong SAR (+16.0% per year).

In value terms, the largest multiple loudspeakers suppliers to Uruguay were the United Arab Emirates ($X), China ($X) and Hong Kong SAR ($X), together comprising 93% of total imports.

In terms of the main suppliers, Hong Kong SAR, with a CAGR of +7.3%, 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 mixed trend patterns.

Import Prices by Country

The average multiple loudspeakers import price stood at $X per unit in 2021, increasing by 17% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2013 an increase of 41%. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United Arab Emirates ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-4.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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