Uruguay - Cards Incorporating A Magnetic Stripe - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMagnetic Card Price in Uruguay - 2022
Contents:
- Magnetic Card Price in Uruguay (CIF) - 2022
- Magnetic Card Price in Uruguay (FOB) - 2022
- Magnetic Card Imports in Uruguay
- Magnetic Card Exports in Uruguay
Magnetic Card Price in Uruguay (CIF) - 2022
In 2022, the average magnetic card import price amounted to $0.6 per unit, dropping by -2% against the previous year. In general, the import price continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 13%. As a result, import price attained the peak level of $0.8 per unit. From 2016 to 2022, the average import prices remained at a lower figure.
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 the United States ($1.6 per unit), while the price for China ($0.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Magnetic Card Price in Uruguay (FOB) - 2022
In 2022, the average magnetic card export price amounted to $1.9 per unit, with a decrease of -57.1% against the previous year. Overall, the export price, however, showed a resilient increase. The most prominent rate of growth was recorded in 2014 an increase of 67% against the previous year. Over the period under review, the average export prices reached the peak figure at $5.9 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Paraguay.
From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to +30.5% per year.
Magnetic Card Imports in Uruguay
In 2022, supplies from abroad of cards incorporating a magnetic stripe increased by 78% to 457K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, magnetic card imports soared to $266K in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Magnetic Card in Uruguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 43.4 | 54.2 | 34.3 | 113 | 37.6% |
China | 28.3 | 29.9 | 22.6 | 81.0 | 42.0% |
Argentina | 52.0 | 39.4 | 36.4 | 35.8 | -11.7% |
United States | 35.7 | 2.2 | 9.8 | 27.7 | -8.1% |
Chile | 15.4 | 16.0 | 11.5 | N/A | -13.6% |
Others | 36.4 | 43.0 | 37.6 | 7.7 | -40.4% |
Total | 211 | 185 | 152 | 266 | 8.0% |
Top Suppliers of Magnetic Card to Uruguay in 2022:
- China (216.6K units)
- Brazil (174.7K units)
- Argentina (41.3K units)
- United States (17.6K units)
Magnetic Card Exports in Uruguay
After three years of growth, overseas shipments of cards incorporating a magnetic stripe decreased by -84.9% to 1.4K units in 2022. Overall, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 532% against the previous year. As a result, the exports attained the peak of 9.5K units, and then declined significantly in the following year.
In value terms, magnetic card exports fell rapidly to $2.8K in 2022. Over the period under review, exports, however, saw a tangible expansion. The growth pace was the most rapid in 2021 when exports increased by 794%. As a result, the exports reached the peak of $43K, and then shrank markedly in the following year.
Export of Magnetic Card in Uruguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Paraguay | 2.1 | 2.6 | 2.1 | 2.8 | 10.1% |
Ecuador | N/A | N/A | 6.7 | N/A | 0% |
Chile | 0.1 | 1.0 | 2.9 | N/A | 438.5% |
Guatemala | 0.1 | 0.5 | 2.8 | N/A | 429.2% |
Costa Rica | N/A | N/A | 6.2 | N/A | 0% |
Peru | N/A | N/A | 20.5 | N/A | 0% |
Honduras | N/A | N/A | 0.8 | N/A | 0% |
Others | N/A | 0.5 | 0.6 | N/A | 20.0% |
Total | 2.4 | 4.8 | 42.6 | 2.8 | 5.3% |
Top Export Markets for Magnetic Card from Uruguay in 2022:
- Paraguay (1.4K units)
This report provides an in-depth analysis of the magnetic card 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 26801400 - Cards incorporating a magnetic stripe
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2016, the global smart card imports amounted to X tons, coming up by X% against the previous year figure. In general, smart card imports continue to indicate a abrupt slump. The most prominent...
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With a huge surge in exports in 2014, China continued its dominance in the global cards incorporating an electronic integrated circuit trade. In 2014, China exported X thousand tons of cards incorporating an electronic integrated circuit totaling X
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