Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Uruguay - 2023

Contents:

1. Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Uruguay (CIF) - 2022
2. Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Uruguay (FOB) - 2022
3. Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in Uruguay
4. Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in Uruguay

Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Uruguay (CIF) - 2022

The average import price for sanitary ware and parts thereof, of iron or steel stood at $8.6 per unit in 2022, with an increase of 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2021 an increase of 22%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($16 per unit), while the price for Spain ($5.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Uruguay (FOB) - 2022

In 2022, the average export price for sanitary ware and parts thereof, of iron or steel amounted to $24 per unit, with an increase of 16% against the previous year. Overall, the export price, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2018 when the average export price increased by 545% against the previous year. Over the period under review, the average export prices reached the maximum at $51 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($24 per unit), while the average price for exports to Argentina totaled $21 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+1.1%).

Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in Uruguay

In 2022, overseas purchases of sanitary ware and parts thereof, of iron or steel decreased by -16.3% to 319K units, falling for the second consecutive year after two years of growth. Overall, imports saw a noticeable contraction. The pace of growth was the most pronounced in 2020 with an increase of 16% against the previous year. As a result, imports attained the peak of 415K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of sanitary ware and parts thereof, of iron or steel reached $2.7M in 2022. The total import value increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 12%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Sanitary Ware and Parts Thereof, of Iron or Steel to Uruguay in 2022:

1. Brazil (130.2K units)
2. China (130.2K units)
3. Argentina (35.9K units)
4. Spain (9.4K units)
5. Germany (5.5K units)

Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in Uruguay

For the fourth consecutive year, Uruguay recorded growth in overseas shipments of sanitary ware and parts thereof, of iron or steel, which increased by 36% to 3.7K units in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 7,817%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of sanitary ware and parts thereof, of iron or steel surged to $90K in 2022. In general, exports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 13,625%. The exports peaked in 2022 and are likely to continue growth in years to come.

Top Export Markets for Sanitary Ware and Parts Thereof, of Iron or Steel from Uruguay in 2022:

1. Paraguay (3.6K units)
2. Argentina (0.1K units)

Source: IndexBox Market Intelligence Platform