Life-Jackets and Life-Belts Price in Uruguay - 2022

Contents:

  1. Life-Jackets and Life-Belts Price in Uruguay (CIF) - 2022
  2. Life-Jackets and Life-Belts Price in Uruguay (FOB) - 2022
  3. Life-Jackets and Life-Belts Imports in Uruguay
  4. Life-Jackets and Life-Belts Exports in Uruguay

Life-Jackets and Life-Belts Price in Uruguay (CIF) - 2022

The average life-jackets and life-belts import price stood at $12,725 per ton in 2022, which is down by -7.1% against the previous year. In general, the import price recorded a slight reduction. The growth pace was the most rapid in 2021 an increase of 21% against the previous year. The import price peaked at $14,737 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($32,157 per ton), while the price for Hong Kong SAR ($2,617 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+28.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Life-Jackets and Life-Belts Price in Uruguay (FOB) - 2022

In 2022, the average life-jackets and life-belts export price amounted to $10,338 per ton, dropping by -31.1% against the previous year. In general, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 135%. As a result, the export price attained the peak level of $76,955 per ton. From 2014 to 2022, 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 Paraguay ($11,078 per ton), while the average price for exports to Italy stood at $5,600 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+10.7%).

Life-Jackets and Life-Belts Imports in Uruguay

In 2022, approx. 19 tons of life-jackets and life-beltses were imported into Uruguay; with an increase of 19% compared with the previous year. Overall, imports, however, recorded a mild slump.

In value terms, life-jackets and life-belts imports reached $245K in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +7.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 39%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Life-Jackets and Life-Belts in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China88.765.611115219.7%
Brazil2.05.26.434.2157.6%
United States19.915.29.915.5-8.0%
Israel5.36.66.512.934.5%
Argentina4.94.93.29.725.6%
Greece1.13.32.57.085.3%
Hong Kong SAR0.40.30.20.826.0%
Cyprus2.75.85.0N/A36.1%
Chile6.38.410.4N/A28.5%
Others65.244.266.212.6-42.2%
Total1961592222457.7%

Top Suppliers of Life-Jackets and Life-Belts to Uruguay in 2022:

  1. China (15.0 tons)
  2. Brazil (1.1 tons)
  3. Israel (0.7 tons)
  4. Argentina (0.7 tons)
  5. United States (0.6 tons)
  6. Greece (0.3 tons)
  7. Hong Kong SAR (0.3 tons)

Life-Jackets and Life-Belts Exports in Uruguay

In 2022, exports of life-jackets and life-beltses from Uruguay skyrocketed to 74 kg, surging by 85% against 2021 figures. Overall, exports recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by 139%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, life-jackets and life-belts exports surged to $765 in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.1% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Life-Jackets and Life-Belts in Uruguay (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay3.0140231709518.3%
ItalyN/AN/AN/A56.00%
Spain6.0255363N/A677.8%
Guyana1.0N/AN/AN/A0%
GermanyN/A20.0N/AN/A0%
Others4591206.0N/A-88.6%
Total46953560076517.7%

Top Export Markets for Life-Jackets and Life-Belts from Uruguay in 2022:

  1. Paraguay (64.0 kg)
  2. Italy (10.0 kg)

Source: IndexBox Market Intelligence Platform

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