Price for Tools, Hand; Other than Household Tools in Uruguay - 2022

Contents:

  1. Price for Tools, Hand; Other than Household Tools in Uruguay (CIF) - 2022
  2. Price for Tools, Hand; Other than Household Tools in Uruguay (FOB) - 2022
  3. Imports of Tools, Hand; Other than Household Tools in Uruguay
  4. Exports of Tools, Hand; Other than Household Tools in Uruguay

Price for Tools, Hand; Other than Household Tools in Uruguay (CIF) - 2022

The average import price for tools, hand; other than household toolses stood at $8,361 per ton in 2022, picking up by 9.7% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 18%. The import price peaked at $8,541 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($71,355 per ton), while the price for Argentina ($4,574 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 (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tools, Hand; Other than Household Tools in Uruguay (FOB) - 2022

In 2022, the average export price for tools, hand; other than household toolses amounted to $16,949 per ton, growing by 16% against the previous year. In general, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +8.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tools, hand; other than household toolses increased by +53.2% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 74% against the previous year. The export price peaked at $18,942 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($85,121 per ton), while the average price for exports to Brazil ($8,536 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 Namibia (+52.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tools, Hand; Other than Household Tools in Uruguay

After three years of growth, purchases abroad of tools, hand; other than household toolses decreased by -7.5% to 416 tons in 2022. The total import volume increased at an average annual rate of +9.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 33%. As a result, imports reached the peak of 450 tons, and then fell in the following year.

In value terms, imports of tools, hand; other than household toolses rose modestly to $3.5M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

Import of Tools, Hand; Other than Household Tools in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9941,0981,7251,72720.2%
United States24019636946424.6%
Brazil3072274843171.1%
Germany78.684.112722441.8%
Taiwan (Chinese)11315412815611.3%
Argentina67.141.455.872.12.4%
Spain67.616418166.5-0.5%
Others29922036045515.0%
Total2,1672,1853,4293,48117.1%

Top Suppliers of Tools, Hand; Other than Household Tools to Uruguay in 2022:

  1. China (296.6 tons)
  2. Brazil (47.9 tons)
  3. Argentina (15.8 tons)
  4. Taiwan (Chinese) (11.5 tons)
  5. United States (6.5 tons)
  6. Germany (6.5 tons)
  7. Spain (5.8 tons)

Exports of Tools, Hand; Other than Household Tools in Uruguay

Exports of tools, hand; other than household toolses from Uruguay dropped sharply to 3 tons in 2022, shrinking by -37.1% on the previous year. Over the period under review, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 138% against the previous year. As a result, the exports attained the peak of 4.7 tons, and then declined significantly in the following year.

In value terms, exports of tools, hand; other than household toolses shrank notably to $51K in 2022. In general, exports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 94% against the previous year. As a result, the exports attained the peak of $69K, and then declined rapidly in the following year.

Export of Tools, Hand; Other than Household Tools in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11.813.311.926.030.1%
Brazil20.212.137.820.91.1%
Paraguay1.58.54.41.86.3%
United Kingdom3.1N/AN/A0.2-59.9%
Venezuela2.1N/AN/AN/A0%
Guyana1.2N/AN/AN/A0%
Others2.41.815.11.7-10.9%
Total42.135.769.150.76.4%

Top Export Markets for Tools, Hand; Other than Household Tools from Uruguay in 2022:

  1. Brazil (2450.0 kg)
  2. United States (305.0 kg)
  3. Paraguay (116.0 kg)
  4. United Kingdom (44.0 kg)

Source: IndexBox Market Intelligence Platform

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