Price for Hand-Operated Spanners and Wrenches in Uruguay - 2022
Contents:
- Price for Hand-Operated Spanners and Wrenches in Uruguay (CIF) - 2022
- Price for Hand-Operated Spanners and Wrenches in Uruguay (FOB) - 2022
- Imports of Hand-Operated Spanners and Wrenches in Uruguay
- Exports of Hand-Operated Spanners and Wrenches in Uruguay
Price for Hand-Operated Spanners and Wrenches in Uruguay (CIF) - 2022
The average hand-operated spanners and wrenches import price stood at $6,983 per ton in 2022, with a decrease of -1.9% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 10% against the previous year. As a result, import price reached the peak level of $7,843 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($33,091 per ton), while the price for China ($5,281 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hand-Operated Spanners and Wrenches in Uruguay (FOB) - 2022
The average hand-operated spanners and wrenches export price stood at $22,861 per ton in 2022, with an increase of 41% against the previous year. Overall, the export price, however, showed a perceptible contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 95%. The export price peaked at $34,441 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +7.1% per year.
Imports of Hand-Operated Spanners and Wrenches in Uruguay
In 2022, hand-operated spanners and wrenches imports into Uruguay declined to 244 tons, reducing by -11.7% against the year before. The total import volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 31%. As a result, imports reached the peak of 277 tons, and then fell in the following year.
In value terms, hand-operated spanners and wrenches imports declined to $1.7M in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 37%. As a result, imports reached the peak of $2M, and then contracted in the following year.
Import of Hand-Operated Spanners and Wrenches in Uruguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 830 | 686 | 918 | 797 | -1.3% |
Brazil | 267 | 275 | 324 | 282 | 1.8% |
Spain | 94.8 | 53.3 | 209 | 182 | 24.3% |
Taiwan (Chinese) | 119 | 172 | 196 | 170 | 12.6% |
Argentina | 66.4 | 56.0 | 60.3 | 52.0 | -7.8% |
India | 33.4 | 19.0 | 37.4 | 32.5 | -0.9% |
Others | 169 | 181 | 223 | 191 | 4.2% |
Total | 1,581 | 1,442 | 1,969 | 1,706 | 2.6% |
Top Suppliers of Hand-Operated Spanners and Wrenches to Uruguay in 2022:
- China (150.9 tons)
- Brazil (35.0 tons)
- Spain (19.5 tons)
- Taiwan (Chinese) (18.7 tons)
- Argentina (5.3 tons)
- India (5.2 tons)
Exports of Hand-Operated Spanners and Wrenches in Uruguay
In 2022, after three years of growth, there was significant decline in shipments abroad of hand-operated spanners and wrencheses, when their volume decreased by -23.9% to 4.8 tons. In general, exports, however, showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 613%.
In value terms, hand-operated spanners and wrenches exports expanded rapidly to $109K in 2022. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 742% against the previous year. As a result, the exports reached the peak of $116K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Hand-Operated Spanners and Wrenches in Uruguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 11.8 | 114 | 89.9 | 109 | 109.8% |
Costa Rica | N/A | N/A | 8.3 | N/A | 0% |
Others | 1.9 | 1.9 | 3.3 | N/A | 31.8% |
Total | 13.8 | 116 | 102 | 109 | 99.2% |
Top Export Markets for Hand-Operated Spanners and Wrenches from Uruguay in 2022:
- Spain (4.8 tons)
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