Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Uruguay - 2023

Contents:

1. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Uruguay (CIF) - 2023
2. Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Uruguay

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Uruguay (CIF) - 2023

The average import price for drawing, marking-out or mathematical calculating instrumentses stood at $405 per thousand units in December 2023, rising by 83% against the previous month. Overall, the import price, however, saw a perceptible slump. The growth pace was the most rapid in March 2023 when the average import price increased by 286% month-to-month. As a result, import price attained the peak level of $1.1 per unit. From April 2023 to December 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($402 per thousand units), while the price for Taiwan (Chinese) ($262 per thousand units) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Peru (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Uruguay

In 2022, imports of drawing, marking-out or mathematical calculating instrumentses into Uruguay surged to 979K units, jumping by 37% against 2021. In general, total imports indicated strong growth from 2019 to 2022: its volume 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 +53.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of drawing, marking-out or mathematical calculating instrumentses soared to $519K in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.8% 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 +78.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 48% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.

Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to Uruguay in 2022:

1. China (899.5K units)
2. Mexico (26.9K units)
3. Peru (12.9K units)

Source: IndexBox Market Intelligence Platform