Report Update Feb 1, 2025

Uruguay - Static Converters - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Static Converter Market 2025

Static Converter Market Size in Uruguay

In 2021, the Uruguayan static converter market increased by 227% to $X, rising for the second consecutive year after two years of decline. In general, consumption showed buoyant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Static Converter Exports

Exports from Uruguay

In 2021, approx. X units of static converters were exported from Uruguay; with an increase of 15% on the year before. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 with an increase of 2,343% 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, static converter exports declined markedly to $X in 2021. Overall, exports, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2019 when exports increased by 817% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X units), Germany (X units) and Australia (X units) were the main destinations of static converter exports from Uruguay, together accounting for 15% of total exports.

From 2012 to 2021, the biggest increases were recorded for Australia (with a CAGR of +114.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for static converter exported from Uruguay were Australia ($X), Germany ($X) and the United States ($X).

Australia, with a CAGR of +67.8%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average static converter export price stood at $X per unit in 2021, falling by -38.5% against the previous year. Over the period under review, the export price, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2020 an increase of 127%. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Australia ($X per unit), while the average price for exports to Bolivia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (-3.1%), while the prices for the other major destinations experienced a decline.

Static Converter Imports

Imports into Uruguay

In 2021, imports of static converters into Uruguay soared to X units, rising by 288% compared with the previous year's figure. In general, imports posted a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, static converter imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a noticeable reduction. The growth pace was the most rapid in 2017 with an increase of 94%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

China (X units), Hong Kong SAR (X units) and the United States (X units) were the main suppliers of static converter imports to Uruguay, with a combined 16% share of total imports. Taiwan (Chinese), the UK, South Korea, Brazil, Vietnam, Germany, Panama, Chile and Argentina lagged somewhat behind, together accounting for a further 7.1%.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +141.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of static converters to Uruguay, comprising 31% of total imports. The second position in the ranking was taken by the United States ($X), with a 6.2% share of total imports. It was followed by Germany, with a 4.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-8.2% per year) and Germany (-8.9% per year).

Import Prices by Country

The average static converter import price stood at $X per unit in 2021, dropping by -62.8% against the previous year. In general, the import price showed a drastic downturn. The pace of growth appeared the most rapid in 2017 when the average import price increased by 75% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+10.4%), 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 static converters in the world?

The countries with the highest volumes of static converter consumption in 2020 were China, the United States and the Netherlands, together accounting for 33% of global consumption. Hong Kong SAR, Italy, Japan, India, Germany, Indonesia, South Korea, Mexico, Vietnam and the UK lagged somewhat behind, together accounting for a further 35%.

What are the largest producers of static converters in the world?

China remains the largest static converter producing country worldwide, accounting for 60% of total volume. Moreover, static converter production in China exceeded the figures recorded by the second-largest producer, the United States, ninefold. Italy ranked third in terms of total production with a 3.5% share.

What are the leading suppliers of static converters to Uruguay?

In value terms, China constituted the largest supplier of static converter to Uruguay, comprising 47% of total imports. The second position in the ranking was occupied by the United States, with a 6.5% share of total imports. It was followed by Germany, with a 5.9% share.

What are the leading importers of static converters from Uruguay?

In value terms, the largest markets for static converter exported from Uruguay were Australia, Germany and the United States, with a combined 90% share of total exports.

What is the average export price for static converters in Uruguay?

In 2020, the average static converter export price amounted to $33 per unit, remaining constant against the previous year.

What is the average import price for static converters in Uruguay?

In 2020, the average static converter import price amounted to $11 per unit, with an increase of 4% against the previous year.

This report provides an in-depth analysis of the static converter 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 27115023 -
Prodcom 27115030 - Rectifiers (excluding of a kind used with telecommunication apparatus, automatic data-processing machines and units thereof)
Prodcom 27115033 - Accumulator chargers
Prodcom 27115035 -
Prodcom 27115040 - Power supply units for telecommunication apparatus, a utomatic data-processing machines and units thereof
Prodcom 27115053 - Inverters having a power handling capacity . 7,5 kVA
Prodcom 27115055 - Inverters having a power handling capacity > 7,5 kVA
Prodcom 27115070 - Static converters (excluding polycrystalline semiconductors, c onverters specially designed for welding, without welding equipment, accumulator chargers, rectifiers, inverters)
Prodcom 27904130 -
Prodcom 27904140 -
Prodcom 27904153 -
Prodcom 27904155 -
Prodcom 27904170 -
Prodcom 27904190 -

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024