Uruguay: Market for Ultraviolet Or Infrared Lamps And Arc Lamps 2024

Market Size for Ultraviolet Or Infrared Lamps And Arc Lamps in Uruguay

The Uruguayan market for ultraviolet or infrared lamps and arc lamps soared to $X in 2021, picking up by 277% 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 posted a strong expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Ultraviolet Or Infrared Lamps And Arc Lamps

Exports from Uruguay

In 2021, shipments abroad of ultraviolet or infrared lamps and arc lamps was finally on the rise to reach X units after two years of decline. Overall, exports showed a resilient expansion. The growth pace was the most rapid in 2014 when exports increased by 281%. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, ultraviolet, infrared, or arc lamp exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2014 when exports increased by 498%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

France (X units) was the main destination for ultraviolet, infrared, or arc lamp exports from Uruguay, with a 40% share of total exports. Moreover, ultraviolet, infrared, or arc lamp exports to France exceeded the volume sent to the second major destination, Paraguay (X units), sevenfold. The third position in this ranking was held by Germany (X units), with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (-15.7% per year) and Germany (+28.5% per year).

In value terms, Chile ($X) emerged as the key foreign market for ultraviolet or infrared lamps and arc lamps exports from Uruguay, comprising 45% of total exports. The second position in the ranking was taken by France ($X), with a 20% share of total exports. It was followed by Paraguay, with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Chile amounted to +6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (0.0% per year) and Paraguay (-22.5% per year).

Export Prices by Country

The average export price for ultraviolet or infrared lamps and arc lamps stood at $X per unit in 2021, falling by -5.3% against the previous year. Over the period under review, the export price showed a deep slump. The most prominent rate of growth was recorded in 2016 an increase of 181%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Chile ($X per unit), while the average price for exports to France ($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 Chile (+19.8%), while the prices for the other major destinations experienced a decline.

Imports of Ultraviolet Or Infrared Lamps And Arc Lamps

Imports into Uruguay

In 2021, supplies from abroad of ultraviolet or infrared lamps and arc lamps increased by 371% to X units, rising for the fifth year in a row after three years of decline. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, ultraviolet, infrared, or arc lamp imports skyrocketed to $X in 2021. Overall, imports enjoyed a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Hungary (X units) and Italy (X units) were the main suppliers of ultraviolet, infrared, or arc lamp imports to Uruguay, together comprising 20% of total imports. Taiwan (Chinese), the United States, Germany, Canada, the Netherlands and Chile lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2021, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +117.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Hungary ($X) were the largest ultraviolet, infrared, or arc lamp suppliers to Uruguay, with a combined 40% share of total imports. These countries were followed by Germany, Taiwan (Chinese), Canada, Italy, the Netherlands and Chile, which together accounted for a further 19%.

Among the main suppliers, Taiwan (Chinese), with a CAGR of +40.4%, saw the highest rates of growth with regard to 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 import price for ultraviolet or infrared lamps and arc lamps stood at $X per unit in 2021, shrinking by -60.1% against the previous year. Overall, the import price recorded a abrupt curtailment. The growth pace was the most rapid in 2014 when the average import price increased by 73%. Over the period under review, average import prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+9.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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