Price for Cutlery; Other than Plated with Precious Metal in Uruguay - 2023
Contents:
- Price for Cutlery; Other than Plated with Precious Metal in Uruguay (CIF) - 2022
- Price for Cutlery; Other than Plated with Precious Metal in Uruguay (FOB) - 2022
- Imports of Cutlery; Other than Plated with Precious Metal in Uruguay
- Exports of Cutlery; Other than Plated with Precious Metal in Uruguay
Price for Cutlery; Other than Plated with Precious Metal in Uruguay (CIF) - 2022
In 2022, the average import price for cutlery; other than plated with precious metals amounted to $10,672 per ton, rising by 22% against the previous year. Over the period under review, the import price, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2017 an increase of 25%. The import price peaked at $13,676 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Argentina ($14,638 per ton), while the price for China ($7,548 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cutlery; Other than Plated with Precious Metal in Uruguay (FOB) - 2022
The average export price for cutlery; other than plated with precious metals stood at $26,973 per ton in 2022, growing by 7.9% against the previous year. Over the period under review, the export price saw temperate growth. The pace of growth appeared the most rapid in 2019 an increase of 292%. Over the period under review, the average export prices reached the peak figure at $43,458 per ton in 2020; however, from 2021 to 2022, the 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 Spain ($181,500 per ton), while the average price for exports to Japan ($7,545 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+20.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cutlery; Other than Plated with Precious Metal in Uruguay
Imports of cutlery; other than plated with precious metals into Uruguay shrank slightly to 134 tons in 2022, dropping by -2.1% on the previous year. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of 136 tons, and then shrank modestly in the following year.
In value terms, imports of cutlery; other than plated with precious metals surged to $1.4M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 44%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Cutlery; Other than Plated with Precious Metal in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 626 | 500 | 662 | 810 | 9.0% |
| China | 399 | 253 | 425 | 428 | 2.4% |
| Argentina | 4.1 | 17.0 | 35.0 | 41.3 | 116.0% |
| India | 11.2 | 8.9 | 18.3 | 34.1 | 44.9% |
| Others | 62.8 | 49.9 | 53.8 | 111 | 20.9% |
| Total | 1,103 | 828 | 1,195 | 1,425 | 8.9% |
Top Suppliers of Cutlery; Other than Plated with Precious Metal to Uruguay in 2022:
- Brazil (63.4 tons)
- China (56.7 tons)
- India (3.0 tons)
- Argentina (2.8 tons)
Exports of Cutlery; Other than Plated with Precious Metal in Uruguay
In 2022, overseas shipments of cutlery; other than plated with precious metals decreased by -7.3% to 366 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 51% against the previous year. As a result, the exports attained the peak of 395 kg, and then declined in the following year.
In value terms, exports of cutlery; other than plated with precious metals amounted to $9.9K in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -13.3% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 75% against the previous year. As a result, the exports attained the peak of $11K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Cutlery; Other than Plated with Precious Metal in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | N/A | 6.6 | 0.9 | 3.1 | -31.5% |
| Argentina | 0.6 | 0.1 | 1.8 | 2.5 | 60.9% |
| United States | N/A | N/A | 0.3 | 2.1 | 600.0% |
| Spain | 0.5 | 0.4 | 0.8 | 1.1 | 30.1% |
| Bolivia | 2.6 | N/A | N/A | 0.3 | -51.3% |
| United Kingdom | 0.9 | 1.2 | 4.5 | 0.2 | -39.4% |
| Japan | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Free Zones | 0.5 | N/A | N/A | N/A | 0% |
| China | N/A | N/A | 0.5 | N/A | 0% |
| Others | 1.5 | 2.9 | 1.2 | 0.6 | -26.3% |
| Total | 6.5 | 11.4 | 9.9 | 9.9 | 15.1% |
Top Export Markets for Cutlery; Other than Plated with Precious Metal from Uruguay in 2022:
- Argentina (250.0 kg)
- Chile (45.0 kg)
- United States (28.0 kg)
- Bolivia (17.0 kg)
- Japan (11.0 kg)
- Spain (6.0 kg)
- United Kingdom (4.0 kg)
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