Report Update Nov 1, 2024

Uruguay - Plastic Fittings for Furniture - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Plastic Furniture Fittings Market 2024

Plastic Furniture Fittings Market Size in Uruguay

The Uruguayan plastic furniture fittings market rose sharply to $X in 2021, growing by 8.6% 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). In general, consumption, however, saw a relatively flat trend pattern. Plastic furniture fittings consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Plastic Furniture Fittings Exports

Exports from Uruguay

In 2021, the amount of plastic fittings for furniture exported from Uruguay soared to X tons, increasing by 31,541% compared with the previous year. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, plastic furniture fittings exports soared to $X in 2021. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Brazil (X tons) was the main destination for plastic furniture fittings exports from Uruguay, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Brazil totaled +614.8%.

In value terms, Brazil ($X) also remains the key foreign market for plastic fittings for furniture exports from Uruguay.

From 2012 to 2021, the average annual rate of growth in terms of value to Brazil amounted to +632.0%.

Export Prices by Country

In 2021, the average plastic furniture fittings export price amounted to $X per ton, growing by 5.6% against the previous year. Overall, the export price recorded a prominent increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 163% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2021, the rate of growth in terms of prices for Brazil amounted to +6.9% per year.

Plastic Furniture Fittings Imports

Imports into Uruguay

In 2021, the amount of plastic fittings for furniture imported into Uruguay surged to X tons, with an increase of 29% compared with the year before. Overall, imports posted prominent growth. The most prominent rate of growth was recorded in 2018 when imports increased by 90%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, plastic furniture fittings imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 63% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest plastic furniture fittings supplier to Uruguay, accounting for a 61% share of total imports. Moreover, plastic furniture fittings imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X tons), twofold. The third position in this ranking was held by Chile (X tons), with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +13.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-2.5% per year) and Chile (+43.4% per year).

In value terms, the largest plastic furniture fittings suppliers to Uruguay were Brazil ($X), China ($X) and Germany ($X), together accounting for 69% of total imports. These countries were followed by Turkey, the United States and Chile, which together accounted for a further 9.3%.

Among the main suppliers, Turkey, with a CAGR of +45.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plastic furniture fittings import price stood at $X per ton in 2021, waning by -6.4% against the previous year. In general, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 an increase of 11% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for plastic fittings for furniture in the world?

China constituted the country with the largest volume of plastic furniture fittings consumption, accounting for 24% of total volume. Moreover, plastic furniture fittings consumption in China exceeded the figures recorded by the second-largest consumer, Russia, twofold. The third position in this ranking was occupied by India, with an 8.5% share.

What are the largest producers of plastic fittings for furniture in the world?

The country with the largest volume of plastic furniture fittings production was China, accounting for 30% of total volume. Moreover, plastic furniture fittings production in China exceeded the figures recorded by the second-largest producer, Russia, threefold. The third position in this ranking was occupied by India, with an 8.5% share.

What are the leading suppliers of plastic fittings for furniture to Uruguay?

In value terms, the largest plastic furniture fittings suppliers to Uruguay were Brazil, China and Spain, with a combined 63% share of total imports. Germany, Turkey and Chile lagged somewhat behind, together comprising a further 11%.

What are the leading importers of plastic fittings for furniture from Uruguay?

In value terms, Free Zones emerged as the key foreign market for plastic furniture fittings exports from Uruguay, comprising 74% of total exports. The second position in the ranking was occupied by Brazil $398), with a 20% share of total exports. It was followed by Paraguay, with a 3.5% share.

What is the average export price for plastic fittings for furniture in Uruguay?

The average plastic furniture fittings export price stood at $35,569 per ton in 2020, jumping by 140% against the previous year.

What is the average import price for plastic fittings for furniture in Uruguay?

The average plastic furniture fittings import price stood at $6,571 per ton in 2020, surging by 29% against the previous year.

This report provides an in-depth analysis of the plastic furniture fittings 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 22292610 - Plastic fittings for furniture, coachwork or the like

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