Report Update Nov 1, 2024

Uruguay - Self-Propelled Earth Moving, Excavating Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Self-Propelled Excavating Machinery Market 2024

Self-Propelled Excavating Machinery Market Size in Uruguay

After two years of decline, the Uruguayan self-propelled excavating machinery market decreased by 0% to less than $X in 2021. In general, consumption, however, faced a drastic downturn. The growth pace was the most rapid in 2019 with a decrease of 99.9%. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Self-Propelled Excavating Machinery Production in Uruguay

In value terms, self-propelled excavating machinery production declined notably to $X in 2021 estimated in export price. Overall, production continues to indicate a deep reduction. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Self-Propelled Excavating Machinery Exports

Exports from Uruguay

Self-propelled excavating machinery exports from Uruguay totaled X units in 2018, remaining stable against the previous year. In general, exports saw a relatively flat trend pattern. The smallest decline of 99.9% was in 2017. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2018, the exports failed to regain momentum.

In value terms, self-propelled excavating machinery exports totaled $X in 2018. Overall, exports saw a relatively flat trend pattern. The smallest decline of 99.9% was in 2017. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2018, the exports remained at a lower figure.

Exports by Country

Paraguay (X units) was the main destination for self-propelled excavating machinery exports from Uruguay, with a approx. 100% share of total exports.

From 2012 to 2018, the average annual rate of growth in terms of volume to Paraguay stood at -59.2%.

From 2012 to 2018, the average annual growth rate of value to Paraguay amounted to -79.7%.

Export Prices by Country

In 2018, the average self-propelled excavating machinery export price amounted to $X per unit, approximately equating the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 a decrease of 99.9% 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 2018, 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 2018, the rate of growth in terms of prices for Paraguay amounted to -50.3% per year.

Self-Propelled Excavating Machinery Imports

Imports into Uruguay

In 2021, purchases abroad of self-propelled earth moving, excavating machinery decreased by 0% to X units, falling for the second consecutive year after two years of decline. Over the period under review, imports continue to indicate mild growth. The pace of growth was the most pronounced in 2015 with an increase of 700%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the near future.

In value terms, self-propelled excavating machinery imports soared to $X in 2021. Overall, imports enjoyed moderate growth. The most prominent rate of growth was recorded in 2019 when imports increased by 12,487%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, the United States (X units) constituted the largest supplier of self-propelled excavating machinery to Uruguay, with a 58% share of total imports. Moreover, self-propelled excavating machinery imports from the United States exceeded the figures recorded by the second-largest supplier, Spain (X units), fivefold. Italy (X units) ranked third in terms of total imports with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at +18.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+16.7% per year) and Italy (+4.6% per year).

In value terms, the United States ($X) constituted the largest supplier of self-propelled earth moving, excavating machinery to Uruguay, comprising 52% of total imports. The second position in the ranking was held by Italy ($X), with an 11% share of total imports. It was followed by Germany, with an 8.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +16.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+7.9% per year) and Germany (+2.7% per year).

Import Prices by Country

In 2021, the average self-propelled excavating machinery import price amounted to $X per unit, falling by -38.8% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 645% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2020, and then contracted markedly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+7.5%), 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 self-propelled earth moving, excavating machinery in the world?

The countries with the highest volumes of self-propelled excavating machinery consumption in 2021 were China, France and Spain, with a combined 39% share of global consumption. Belgium, the Czech Republic, the UK, Indonesia, Japan, Singapore, Denmark, Thailand, Australia and the Netherlands lagged somewhat behind, together accounting for a further 34%.

What are the largest producers of self-propelled earth moving, excavating machinery in the world?

China constituted the country with the largest volume of self-propelled excavating machinery production, comprising approx. 35% of total volume. Moreover, self-propelled excavating machinery production in China exceeded the figures recorded by the second-largest producer, South Korea, twofold. Spain ranked third in terms of total production with an 8.8% share.

What are the leading suppliers of self-propelled earth moving, excavating machinery to Uruguay?

In value terms, Germany constituted the largest supplier of self-propelled excavating machinery to Uruguay, comprising 79% of total imports. The second position in the ranking was occupied by India, with a 4% share of total imports. It was followed by Spain, with a 2.8% share.

What is the average export price for self-propelled earth moving, excavating machinery in Uruguay?

In 2018, the average self-propelled excavating machinery export price amounted to $3,086 per unit, falling by -68.4% against the previous year.

What is the average import price for self-propelled earth moving, excavating machinery in Uruguay?

In 2021, the average self-propelled excavating machinery import price amounted to $23,653 per unit, dropping by -35.3% against the previous year.

This report provides an in-depth analysis of the self-propelled excavating machinery 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 28922750 - Self-propelled earth moving, excavating... machinery, n.e.c.

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