Uruguay: Market for Non-Motorised Hand-Operated Mechanical Floor Sweepers 2024

Market Size for Non-Motorised Hand-Operated Mechanical Floor Sweepers in Uruguay

The Uruguayan mechanical hand floor sweeper market rose markedly to $X in 2022, increasing by 7.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.3% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in years to come.

Exports of Non-Motorised Hand-Operated Mechanical Floor Sweepers

Exports from Uruguay

In 2022, shipments abroad of non-motorised hand-operated mechanical floor sweepers decreased by -8.6% to X units for the first time since 2019, thus ending a two-year rising trend. The total export volume increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when exports increased by 14%. Over the period under review, the exports reached the maximum at X units in 2021, and then declined in the following year.

In value terms, mechanical hand floor sweeper exports dropped slightly to $X in 2022. The total export value increased at an average annual rate of +3.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 18% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then contracted modestly in the following year.

Exports by Country

Paraguay (X units) was the main destination for mechanical hand floor sweeper exports from Uruguay, with a 89% share of total exports. Moreover, mechanical hand floor sweeper exports to Paraguay exceeded the volume sent to the second major destination, Peru (X units), eightfold.

From 2012 to 2022, the average annual growth rate of volume to Paraguay amounted to +3.8%.

In value terms, Paraguay ($X) remains the key foreign market for non-motorised hand-operated mechanical floor sweepers exports from Uruguay, comprising 87% of total exports. The second position in the ranking was held by Peru ($X), with a 13% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Paraguay totaled +4.8%.

Export Prices by Country

In 2022, the average mechanical hand floor sweeper export price amounted to $X per unit, rising by 6.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 9%. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per unit), while the average price for exports to Paraguay amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+2.6%).

Imports of Non-Motorised Hand-Operated Mechanical Floor Sweepers

Imports into Uruguay

In 2022, after three years of growth, there was decline in purchases abroad of non-motorised hand-operated mechanical floor sweepers, when their volume decreased by -2.1% to X units. The total import volume increased at an average annual rate of +2.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of 29%. Over the period under review, imports hit record highs at X units in 2021, and then reduced slightly in the following year.

In value terms, mechanical hand floor sweeper imports rose significantly to $X in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Brazil (X units) constituted the largest mechanical hand floor sweeper supplier to Uruguay, with a 67% share of total imports. Moreover, mechanical hand floor sweeper imports from Brazil exceeded the figures recorded by the second-largest supplier, China (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume from Brazil totaled +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+8.0% per year) and Argentina (-7.9% per year).

In value terms, the largest mechanical hand floor sweeper suppliers to Uruguay were Brazil ($X), China ($X) and Argentina ($X), with a combined 92% share of total imports.

Among the main suppliers, China, with a CAGR of +10.6%, recorded the highest growth rate of 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 mechanical hand floor sweeper import price stood at $X per unit in 2022, increasing by 11% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 15%. The import price peaked at $X per unit in 2018; however, from 2019 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 Argentina ($X per unit), while the price for Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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