Report Update Nov 1, 2024

Uruguay - Ride-On Compaction Equipment - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Ride-On Compaction Equipment Market 2024

Ride-On Compaction Equipment Market Size in Uruguay

The Uruguayan ride-on compaction equipment market soared to $X in 2022, rising by 103% 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 showed a prominent expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Ride-On Compaction Equipment Exports

Exports from Uruguay

After two years of decline, overseas shipments of ride-on compaction equipment decreased by 0% to X units in 2022. Over the period under review, exports faced a deep downturn. The pace of growth was the most pronounced in 2019 when exports increased by 300%. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, ride-on compaction equipment exports declined remarkably to $X in 2022. In general, exports recorded a abrupt decrease. The growth pace was the most rapid in 2019 with an increase of 509%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Paraguay (X units) was the main destination for ride-on compaction equipment exports from Uruguay, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Paraguay amounted to -4.0%.

In value terms, Paraguay ($X) emerged as the key foreign market for ride-on compaction equipment exports from Uruguay.

From 2012 to 2022, the average annual rate of growth in terms of value to Paraguay totaled -11.1%.

Export Prices by Country

In 2022, the average ride-on compaction equipment export price amounted to $X per unit, declining by -59.6% against the previous year. In general, the export price showed a pronounced descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 134% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Free Zones amounted to +14.7% per year.

Ride-On Compaction Equipment Imports

Imports into Uruguay

Ride-on compaction equipment imports into Uruguay soared to X units in 2022, picking up by 62% on 2021 figures. In general, imports recorded a tangible increase. The growth pace was the most rapid in 2017 when imports increased by 123% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, ride-on compaction equipment imports soared to $X in 2022. Over the period under review, imports enjoyed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil (X units), China (X units) and Germany (X units) were the main suppliers of ride-on compaction equipment imports to Uruguay, together comprising 60% of total imports. The United States, India, Belgium and Poland lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +28.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constituted the largest supplier of ride-on compaction equipment to Uruguay, comprising 45% of total imports. The second position in the ranking was taken by Germany ($X), with an 18% share of total imports. It was followed by China, with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil stood at +25.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+12.0% per year) and China (+12.0% per year).

Import Prices by Country

The average ride-on compaction equipment import price stood at $X per unit in 2022, picking up by 43% against the previous year. In general, the import price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2018 an increase of 98%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

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 Brazil ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ride-on compaction equipment in the world?

The countries with the highest volumes of in 2021 were China, South Africa and the United States, with a combined 77% share of global consumption.

What are the largest producers of ride-on compaction equipment in the world?

China remains the largest ride-on compaction equipment producing country worldwide, accounting for 66% of total volume. Moreover, ride-on compaction equipment production in China exceeded the figures recorded by the second-largest producer, the Czech Republic, more than tenfold. Germany ranked third in terms of total production with a 5.4% share.

What are the leading suppliers of ride-on compaction equipment to Uruguay?

In value terms, Brazil constituted the largest supplier of ride-on compaction equipment to Uruguay, comprising 42% of total imports. The second position in the ranking was occupied by China, with a 17% share of total imports. It was followed by India, with a 7.2% share.

What are the leading importers of ride-on compaction equipment from Uruguay?

In value terms, Paraguay remains the key foreign market for ride-on compaction equipment exports from Uruguay.

What is the average export price for ride-on compaction equipment in Uruguay?

The average ride-on compaction equipment export price stood at $11,251 per unit in 2021, waning by -8.8% against the previous year.

What is the average import price for ride-on compaction equipment in Uruguay?

In 2021, the average ride-on compaction equipment import price amounted to $46,937 per unit, waning by -8.5% against the previous year.

This report provides an in-depth analysis of the ride-on compaction equipment 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 28922400 - Ride-on compaction equipment and 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