Report Update Nov 1, 2024

Uruguay - Optical Telescopes - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Optical Telescope Market 2024

Optical Telescope Market Size in Uruguay

For the fifth consecutive year, the Uruguayan optical telescope market recorded growth in sales value, which increased by 148% to $X in 2021. In general, consumption continues to indicate prominent growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Optical Telescope Exports

Exports from Uruguay

For the fifth year in a row, Uruguay recorded decline in shipments abroad of optical telescopes, which decreased by 0% to X units in 2021. In general, exports saw a precipitous decline. The pace of growth appeared the most rapid in 2016 when exports increased by 971% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, optical telescope exports surged to $X in 2021. Over the period under review, exports saw a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of 580%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Chile (X units) was the main destination for optical telescope exports from Uruguay, with a 100% share of total exports. Moreover, optical telescope exports to Chile exceeded the volume sent to the second major destination, Italy (X units), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Chile totaled -36.1%.

In value terms, Italy ($X) emerged as the key foreign market for optical telescope exports from Uruguay, comprising 84% of total exports. The second position in the ranking was held by Chile ($X), with a 16% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy was relatively modest.

Export Prices by Country

The average optical telescope export price stood at $X per unit in 2021, increasing by 530% against the previous year. In general, the export price enjoyed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Italy ($X per unit), while the average price for exports to Chile stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+14.7%).

Optical Telescope Imports

Imports into Uruguay

In 2021, overseas purchases of optical telescopes were finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports posted a noticeable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, optical telescope imports surged to $X in 2021. In general, imports saw a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest optical telescope supplier to Uruguay, with a 68% share of total imports. Moreover, optical telescope imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X units), sixfold. The United States (X units) ranked third in terms of total imports with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (-5.9% per year) and the United States (+20.4% per year).

In value terms, Italy ($X) constituted the largest supplier of optical telescope to Uruguay, comprising 72% of total imports. The second position in the ranking was held by the UK ($X), with a 13% share of total imports. It was followed by China, with a 6.9% share.

From 2012 to 2021, the average annual growth rate of value from Italy stood at +37.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+37.0% per year) and China (-8.9% per year).

Import Prices by Country

In 2021, the average optical telescope import price amounted to $X per unit, falling by -53.4% against the previous year. Overall, the import price, however, posted prominent growth. The most prominent rate of growth was recorded in 2018 an increase of 74%. Over the period under review, average import prices attained the peak figure at $X per unit in 2020, and then reduced notably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+22.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for optical telescopes in the world?

China constituted the country with the largest volume of optical telescope consumption, accounting for 44% of total volume. Moreover, optical telescope consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The UK ranked third in terms of total consumption with a 5.2% share.

What are the largest producers of optical telescopes in the world?

The country with the largest volume of optical telescope production was China, comprising approx. 96% of total volume.

What are the leading suppliers of optical telescopes to Uruguay?

In value terms, Italy constituted the largest supplier of optical telescope to Uruguay, comprising 81% of total imports. The second position in the ranking was occupied by the UK, with a 10% share of total imports. It was followed by the United States, with a 2.9% share.

What are the leading importers of optical telescopes from Uruguay?

In value terms, Chile $831) remains the key foreign market for optical telescope exports from Uruguay.

What is the average export price for optical telescopes in Uruguay?

The average optical telescope export price stood at $142 per unit in 2021, which is down by -16.2% against the previous year.

What is the average import price for optical telescopes in Uruguay?

In 2021, the average optical telescope import price amounted to $380 per unit, surging by 329% against the previous year.

This report provides an in-depth analysis of the optical telescope 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 26702250 - Instruments (excluding binoculars) such as optical telescopes

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
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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