Price for Navigational Instruments and Appliances; Parts and Accessories in Uruguay - 2023

Contents:

  1. Price for Navigational Instruments and Appliances; Parts and Accessories in Uruguay (FOB) - 2022
  2. Price for Navigational Instruments and Appliances; Parts and Accessories in Uruguay (CIF) - 2022
  3. Exports of Navigational Instruments and Appliances; Parts and Accessories in Uruguay
  4. Imports of Navigational Instruments and Appliances; Parts and Accessories in Uruguay

Price for Navigational Instruments and Appliances; Parts and Accessories in Uruguay (FOB) - 2022

The average export price for navigational instruments and appliances; parts and accessorieses stood at $1,168,213 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the export price posted a significant increase. The pace of growth was the most pronounced in 2016 an increase of 125% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($1,615,471 per ton), while the average price for exports to Lithuania ($88,000 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 the United States (+12.6%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Navigational Instruments and Appliances; Parts and Accessories in Uruguay (CIF) - 2022

In 2022, the average import price for navigational instruments and appliances; parts and accessorieses amounted to $213,234 per ton, declining by -24.9% against the previous year. Over the period under review, the import price, however, saw temperate growth. The pace of growth was the most pronounced in 2020 an increase of 38%. Over the period under review, average import prices reached the maximum at $283,841 per ton in 2021, and then dropped notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($533,250 per ton), while the price for Brazil ($77,462 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+146.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Navigational Instruments and Appliances; Parts and Accessories in Uruguay

In 2022, approx. 47 kg of navigational instruments and appliances; parts and accessorieses were exported from Uruguay; approximately mirroring the previous year. In general, exports posted significant growth. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of navigational instruments and appliances; parts and accessorieses stood at $55K in 2022. Over the period under review, exports showed a significant increase. The smallest decline of -18.2% was in 2020. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Navigational Instruments and Appliances; Parts and Accessories in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/AN/AN/A27.50%
United States0.20.1N/A14.1313.1%
GermanyN/AN/AN/A13.00%
LithuaniaN/AN/AN/A0.20%
Spain0.1N/AN/A0.10.0%
GreeceN/AN/AN/AN/A0%
PanamaN/A0.1N/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.40.3N/A54.9415.8%

Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from Uruguay in 2022:

  1. Belgium (17.0 kg)
  2. United States (16.0 kg)
  3. Germany (11.0 kg)
  4. Lithuania (2.0 kg)
  5. Spain (1.0 kg)

Imports of Navigational Instruments and Appliances; Parts and Accessories in Uruguay

Imports of navigational instruments and appliances; parts and accessorieses into Uruguay declined sharply to 124 kg in 2022, with a decrease of -46.8% against 2021. Overall, imports saw a sharp setback. The pace of growth was the most pronounced in 2021 when imports increased by 145%.

In value terms, imports of navigational instruments and appliances; parts and accessorieses declined markedly to $26K in 2022. Over the period under review, imports faced a precipitous descent. The most prominent rate of growth was recorded in 2021 when imports increased by 161%. As a result, imports attained the peak of $66K, and then reduced notably in the following year.

Import of Navigational Instruments and Appliances; Parts and Accessories in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands4.83.511.86.18.3%
Slovenia0.10.21.02.9207.2%
Canada1.00.22.02.128.1%
United States3.91.21.02.1-18.6%
South Korea2.11.26.01.6-8.7%
Japan1.00.62.51.514.5%
India5.70.33.31.3-38.9%
Sweden1.80.92.31.3-10.3%
Brazil0.40.31.01.035.7%
Australia0.20.52.21.071.0%
Greece0.40.21.20.826.0%
BelgiumN/A0.1N/A0.6144.9%
Spain15.95.68.40.6-66.5%
Others25.810.723.43.5-48.6%
Total63.225.366.126.4-25.2%

Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Uruguay in 2022:

  1. Netherlands (22.0 kg)
  2. Slovenia (22.0 kg)
  3. Brazil (13.0 kg)
  4. South Korea (12.0 kg)
  5. United States (11.0 kg)
  6. India (6.0 kg)
  7. Sweden (5.0 kg)
  8. Canada (4.0 kg)
  9. Greece (3.0 kg)
  10. Australia (3.0 kg)
  11. Japan (3.0 kg)
  12. Spain (3.0 kg)
  13. Belgium (2.0 kg)

Source: IndexBox Market Intelligence Platform

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