Price for Electrical Push-Button and Rotary Switch in Uruguay - 2023
Contents:
- Price for Electrical Push-Button and Rotary Switch in Uruguay (CIF) - 2023
- Price for Electrical Push-Button and Rotary Switch in Uruguay (FOB) - 2022
- Imports of Electrical Push-Button and Rotary Switch in Uruguay
- Exports of Electrical Push-Button and Rotary Switch in Uruguay
Price for Electrical Push-Button and Rotary Switch in Uruguay (CIF) - 2023
In December 2023, the average import price for electrical push-button and rotary switches for under 1000 v amounted to $680 per thousand units, increasing by 39% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $1,000 per thousand units in March 2023; however, from April 2023 to December 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($2.9 per unit), while the price for Spain ($418 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 Brazil (+2.2%), while the prices for the other major suppliers experienced a decline.
Price for Electrical Push-Button and Rotary Switch in Uruguay (FOB) - 2022
In 2022, the average export price for electrical push-button and rotary switches for under 1000 v amounted to $1.7 per unit, jumping by 27% against the previous year. In general, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electrical push-button and rotary switch export price increased by +71.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 44%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($2.9 per unit), while the average price for exports to Guatemala ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Push-Button and Rotary Switch in Uruguay
In 2022, approx. 9.9M units of electrical push-button and rotary switches for under 1000 v were imported into Uruguay; rising by 22% compared with 2021. Overall, imports, however, continue to indicate a slight decline. Over the period under review, imports attained the peak figure at 10M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, electrical push-button and rotary switch imports soared to $7.2M in 2022. The total import value increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern 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 Electrical Push-Button and Rotary Switch in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,899 | 2,377 | 1,997 | 2,623 | -3.3% |
| Argentina | 651 | 452 | 598 | 1,003 | 15.5% |
| Brazil | 622 | 465 | 692 | 693 | 3.7% |
| United States | 468 | 338 | 578 | 589 | 8.0% |
| Germany | 449 | 411 | 424 | 550 | 7.0% |
| Italy | 149 | 162 | 282 | 219 | 13.7% |
| Spain | 177 | 214 | 150 | 183 | 1.1% |
| Others | 1,085 | 963 | 1,190 | 1,352 | 7.6% |
| Total | 6,500 | 5,382 | 5,911 | 7,212 | 3.5% |
Top Suppliers of Electrical Push-Button and Rotary Switch to Uruguay in 2022:
- China (5.3M units)
- Argentina (1.7M units)
- Brazil (0.9M units)
- Germany (0.3M units)
- Spain (0.3M units)
- Italy (0.2M units)
- United States (0.2M units)
Exports of Electrical Push-Button and Rotary Switch in Uruguay
In 2022, electrical push-button and rotary switch exports from Uruguay dropped markedly to 133K units, declining by -22.4% against 2021. Over the period under review, exports faced a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 33%. The exports peaked at 223K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, electrical push-button and rotary switch exports contracted modestly to $227K in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. As a result, the exports reached the peak of $229K, and then declined slightly in the following year.
| Export of Electrical Push-Button and Rotary Switch in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 73.5 | 67.3 | 82.8 | 122 | 18.4% |
| Bolivia | 51.4 | 38.2 | 52.3 | 42.5 | -6.1% |
| Guatemala | 29.6 | 19.8 | 34.6 | 27.4 | -2.5% |
| Argentina | 9.3 | 9.6 | 5.4 | 10.4 | 3.8% |
| Peru | 8.9 | 14.5 | 0.6 | 8.9 | 0.0% |
| Venezuela | N/A | N/A | N/A | 5.7 | 0% |
| Denmark | 3.0 | 3.3 | 3.8 | 4.2 | 11.9% |
| Free Zones | 0.5 | 0.3 | 17.2 | 1.1 | 30.1% |
| Germany | N/A | 16.8 | N/A | 0.7 | -79.6% |
| United States | 13.3 | 5.5 | 9.8 | 0.1 | -80.4% |
| Dominican Republic | 7.2 | 4.8 | 15.0 | N/A | 44.3% |
| Colombia | 16.2 | N/A | 0.1 | N/A | -92.1% |
| Others | 7.6 | 3.4 | 7.4 | 3.7 | -21.3% |
| Total | 221 | 183 | 229 | 227 | 0.9% |
Top Export Markets for Electrical Push-Button and Rotary Switch from Uruguay in 2022:
- Paraguay (70.4K units)
- Guatemala (26.4K units)
- Bolivia (20.9K units)
- Venezuela (4.6K units)
- Argentina (3.6K units)
- Denmark (2.7K units)
- Peru (1.3K units)
- Free Zones (1.1K units)
- Germany (0.4K units)
- United States (0.1K units)
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