Report Update Nov 1, 2024

Uruguay - Vehicles not Mechanically Propelled - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Non-Propelled Vehicle Market 2024

Non-Propelled Vehicle Market Size in Uruguay

The Uruguayan non-propelled vehicle market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, the total consumption indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Non-Propelled Vehicle Exports

Exports from Uruguay

In 2021, the amount of vehicles not mechanically propelled exported from Uruguay surged to X units, rising by 392% on 2020 figures. Over the period under review, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2019 when exports increased by 1,028%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, non-propelled vehicle exports skyrocketed to $X in 2021. In general, exports recorded resilient growth. The growth pace was the most rapid in 2019 with an increase of 609% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Argentina (X units) was the main destination for non-propelled vehicle exports from Uruguay, with a 69% share of total exports. Moreover, non-propelled vehicle exports to Argentina exceeded the volume sent to the second major destination, Paraguay (X units), fourfold. The third position in this ranking was held by Bolivia (X units), with a 6.4% share.

From 2012 to 2021, the average annual growth rate of volume to Argentina totaled +15.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (-2.4% per year) and Bolivia (+11.7% per year).

In value terms, the largest markets for non-propelled vehicle exported from Uruguay were Paraguay ($X), Argentina ($X) and the United States ($X), together comprising 94% of total exports.

Among the main countries of destination, the United States, with a CAGR of +130.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average non-propelled vehicle export price stood at $X per unit in 2021, shrinking by -43.6% against the previous year. Over the period under review, the export price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2020 an increase of 298%. As a result, the export price attained the peak level of $X per unit, and then contracted notably in the following year.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to Argentina ($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 the United States (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Propelled Vehicle Imports

Imports into Uruguay

In 2021, the amount of vehicles not mechanically propelled imported into Uruguay surged to X units, jumping by 90% compared with 2020 figures. Overall, imports saw prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-propelled vehicle imports skyrocketed to $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil (X units), China (X units) and Finland (X units) were the main suppliers of non-propelled vehicle imports to Uruguay, with a combined 96% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Finland (with a CAGR of +135.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Finland ($X) and Brazil ($X) appeared to be the largest non-propelled vehicle suppliers to Uruguay, together comprising 86% of total imports.

In terms of the main suppliers, Finland, with a CAGR of +137.8%, 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 mixed trend patterns.

Import Prices by Country

In 2021, the average non-propelled vehicle import price amounted to $X per unit, surging by 9.2% against the previous year. Overall, the import price, however, showed a deep slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by 28% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vehicles not mechanically propelled in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 44% share of global consumption. These countries were followed by Russia, Brazil, the UK, Italy, Germany, Japan, Mexico, South Korea, Thailand and France, which together accounted for a further 28%.

What are the largest producers of vehicles not mechanically propelled in the world?

China remains the largest non-propelled vehicle producing country worldwide, accounting for 58% of total volume. Moreover, non-propelled vehicle production in China exceeded the figures recorded by the second-largest producer, India, sixfold. Brazil ranked third in terms of total production with a 3.8% share.

What are the leading suppliers of vehicles not mechanically propelled to Uruguay?

In value terms, Finland constituted the largest supplier of non-propelled vehicle to Uruguay, comprising 70% of total imports. The second position in the ranking was occupied by Chile, with an 11% share of total imports. It was followed by Spain, with a 9.4% share.

What are the leading importers of vehicles not mechanically propelled from Uruguay?

In value terms, the largest markets for non-propelled vehicle exported from Uruguay were Slovenia, Bolivia and Guyana, together comprising 98% of total exports.

What is the average export price for vehicles not mechanically propelled in Uruguay?

The average non-propelled vehicle export price stood at $74 per unit in 2021, reducing by -32.6% against the previous year.

What is the average import price for vehicles not mechanically propelled in Uruguay?

In 2021, the average non-propelled vehicle import price amounted to $103 per unit, surging by 363% against the previous year.

This report provides an in-depth analysis of the non-propelled vehicle 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 30991000 - Vehicles not mechanically propelled including industry trolleys, barrows, luggage trucks, hopper-trucks, hand pulled golf trolleys excluding shopping trolleys

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