Uruguay: Non-Knitted Women Apparel Market 2022

Non-Knitted Women Apparel Market Size in Uruguay

The Uruguayan non-knitted women apparel market expanded remarkably to $X in 2021, increasing by X% against the previous year. Over the period under review, consumption saw a prominent expansion. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Non-Knitted Women Apparel Production in Uruguay

In value terms, non-knitted women apparel production surged to $X in 2021 estimated in export price. Overall, production continues to indicate prominent growth. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Non-Knitted Women Apparel Exports

Exports from Uruguay

In 2021, exports of women's or girls' clothing (not knitted or crocheted) from Uruguay reduced dramatically to X units, declining by -X% compared with the year before. Over the period under review, exports showed a sharp shrinkage. The growth pace was the most rapid in 2015 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-knitted women apparel exports reduced notably to $X in 2021. In general, exports saw a precipitous contraction. The smallest decline of -X% was in 2015. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for non-knitted women apparel exports from Uruguay, accounting for a X% share of total exports. Moreover, non-knitted women apparel exports to the United States exceeded the volume sent to the second major destination, Argentina (X units), threefold. The third position in this ranking was held by Free Zones (X units), with a X% share.

From 2012 to 2020, the average annual growth rate of volume to the United States stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (-X% per year) and Free Zones (+X% per year).

In value terms, the United States ($X) emerged as the key foreign market for non-knitted women apparel exports from Uruguay, comprising X% of total exports. The second position in the ranking was held by Argentina ($X), with a X% share of total exports. It was followed by Free Zones, with an X% share.

From 2012 to 2020, the average annual growth rate of value to the United States amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (-X% per year) and Free Zones (-X% per year).

Export Prices by Country

The average non-knitted women apparel export price stood at $X per unit in 2020, growing by X% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2020: its price increased at an average annual rate of +X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, non-knitted women apparel export price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2020 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was the United States ($X per unit), while the average price for exports to Chile ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Knitted Women Apparel Imports

Imports into Uruguay

In 2021, supplies from abroad of women's or girls' clothing (not knitted or crocheted) decreased by -X% to X units, falling for the third year in a row after two years of growth. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X%. Imports peaked at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, non-knitted women apparel imports expanded modestly to $X in 2021. Over the period under review, imports continue to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X units) constituted the largest supplier of non-knitted women apparel to Uruguay, accounting for a X% share of total imports. Moreover, non-knitted women apparel imports from China exceeded the figures recorded by the second-largest supplier, Bangladesh (X units), fourfold. India (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (+X% per year) and India (-X% per year).

In value terms, China ($X) constituted the largest supplier of non-knitted women apparel to Uruguay, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.

From 2012 to 2020, the average annual growth rate of value from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (+X% per year) and Brazil (+X% per year).

Import Prices by Country

The average non-knitted women apparel import price stood at $X per unit in 2020, waning by -X% against the previous year. Over the period under review, the import price continues to indicate a slight decline. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2020, the average import prices remained at a lower figure.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by India (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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