Uruguay: Network Communications Equipment Market 2025

Network Communications Equipment Market Size in Uruguay

For the fourth consecutive year, the Uruguayan network communications equipment market recorded growth in sales value, which increased by 76% to $X in 2022. In general, consumption saw temperate growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Network Communications Equipment Exports

Exports from Uruguay

Network communications equipment exports from Uruguay skyrocketed to X units in 2022, growing by 27% against the year before. Over the period under review, exports posted a resilient expansion. The growth pace was the most rapid in 2017 with an increase of 298% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, network communications equipment exports shrank to $X in 2022. Overall, exports continue to indicate a strong expansion. The growth pace was the most rapid in 2017 when exports increased by 454% against the previous year. The exports peaked at $X in 2021, and then reduced in the following year.

Exports by Country

Denmark (X units) was the main destination for network communications equipment exports from Uruguay, with a 44% share of total exports. Moreover, network communications equipment exports to Denmark exceeded the volume sent to the second major destination, Ireland (X units), threefold. The third position in this ranking was held by Brazil (X units), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Denmark was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (-9.2% per year) and Brazil (+33.5% per year).

In value terms, Ireland ($X), Brazil ($X) and the United States ($X) constituted the largest markets for network communications equipment exported from Uruguay worldwide, with a combined 60% share of total exports.

Brazil, with a CAGR of +75.6%, saw the highest growth rate of the value of exports, among 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

In 2022, the average network communications equipment export price amounted to $X per unit, declining by -32.4% against the previous year. In general, the export price saw a slight shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 39%. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then dropped sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($X per unit), while the average price for exports to Denmark ($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 Brazil (+31.5%), while the prices for the other major destinations experienced more modest paces of growth.

Network Communications Equipment Imports

Imports into Uruguay

In 2022, network communications equipment imports into Uruguay skyrocketed to X units, jumping by 132% against the year before. Overall, imports recorded a notable expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, network communications equipment imports fell sharply to $X in 2022. In general, imports, however, saw a mild contraction. The most prominent rate of growth was recorded in 2016 with an increase of 58%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest network communications equipment supplier to Uruguay, with a 74% share of total imports. Moreover, network communications equipment imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), fourfold. The United States (X units) ranked third in terms of total imports with a 4.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+3,424.2% per year) and the United States (-2.6% per year).

In value terms, China ($X) constituted the largest supplier of network communications equipment to Uruguay, comprising 50% of total imports. The second position in the ranking was held by the United States ($X), with a 20% share of total imports. It was followed by Vietnam, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-4.6% per year) and Vietnam (+3,726.2% per year).

Import Prices by Country

In 2022, the average network communications equipment import price amounted to $X per unit, with a decrease of -63.3% against the previous year. Over the period under review, the import price showed a deep contraction. The growth pace was the most rapid in 2021 when the average import price increased by 52% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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