Uruguay: Surgical Glove Market 2024

Surgical Glove Market Size in Uruguay

The Uruguayan surgical glove market shrank to $X in 2022, falling by -8.2% against the previous year. Overall, consumption recorded a perceptible curtailment. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Surgical Glove Production in Uruguay

In value terms, surgical glove production reduced to $X in 2022 estimated in export price. Over the period under review, production recorded a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 25%. Surgical glove production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Surgical Glove Exports

Exports from Uruguay

After four years of growth, shipments abroad of surgical gloves decreased by -8.1% to X tons in 2022. Over the period under review, exports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2016 when exports increased by 42%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, surgical glove exports totaled $X in 2022. Overall, exports showed a significant curtailment. The growth pace was the most rapid in 2016 when exports increased by 46% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Costa Rica (X tons) was the main destination for surgical glove exports from Uruguay, with a 65% share of total exports. Moreover, surgical glove exports to Costa Rica exceeded the volume sent to the second major destination, Chile (X kg), threefold.

From 2013 to 2021, the average annual growth rate of volume to Costa Rica was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (0.0% per year) and the Philippines (0.0% per year).

In value terms, the largest markets for surgical glove exported from Uruguay were Chile ($X), Costa Rica ($X) and the Philippines ($X), with a combined 95% share of total exports.

Chile, with a CAGR of 0.0%, saw the highest growth rate of the value of exports, among 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

In 2021, the average surgical glove export price amounted to $X per ton, declining by -33% against the previous year. Over the period under review, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 11%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Costa Rica ($X per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+1.6%).

Surgical Glove Imports

Imports into Uruguay

In 2022, approx. X tons of surgical gloves were imported into Uruguay; which is down by -4.4% against 2021 figures. Overall, total imports indicated a measured increase from 2012 to 2022: its volume increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -18.6% against 2019 indices. The pace of growth appeared the most rapid in 2019 with an increase of 66%. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, surgical glove imports fell to $X in 2022. In general, imports, however, recorded a temperate increase. The pace of growth appeared the most rapid in 2019 when imports increased by 48% against the previous year. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest surgical glove supplier to Uruguay, with a 68% share of total imports. Moreover, surgical glove imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), fourfold. Thailand (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+19.4% per year) and Thailand (+9.2% per year).

In value terms, China ($X), Malaysia ($X) and Thailand ($X) appeared to be the largest surgical glove suppliers to Uruguay, together comprising 97% of total imports.

Malaysia, with a CAGR of +20.7%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average surgical glove import price amounted to $X per ton, shrinking by -5.8% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 43%. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then contracted in the following year.

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 Malaysia ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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