Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Uruguay - 2023

Contents:

1. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Uruguay (CIF) - 2022
2. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Uruguay (FOB) - 2022
3. Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Uruguay
4. Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Uruguay

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Uruguay (CIF) - 2022

In 2022, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $48,281 per unit, falling by -11.2% against the previous year. In general, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs increased by +52.6% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of 30%. As a result, import price reached the peak level of $54,357 per unit, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($125,457 per unit), while the price for the UK ($23,152 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+29.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Uruguay (FOB) - 2022

The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $101,440 per unit in 2022, leveling off at the previous year. Over the period under review, the export price showed a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of 1,737% against the previous year. As a result, the export price attained the peak level of $130,475 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($150,494 per unit), while the average price for exports to the United States totaled $13,930 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+107.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Uruguay

In 2022, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs into Uruguay contracted dramatically to 73 units, with a decrease of -20.7% compared with 2021. In general, total imports indicated a measured expansion from 2019 to 2022: its volume increased at an average annual rate of +3.4% 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 +19.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 51%. As a result, imports attained the peak of 92 units, and then contracted significantly in the following year.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs contracted markedly to $3.5M in 2022. Overall, imports, however, saw strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 96%. As a result, imports attained the peak of $5M, and then dropped remarkably in the following year.

Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc to Uruguay in 2022:

1. United States (33.0 units)
2. South Korea (11.0 units)
3. Argentina (10.0 units)
4. United Kingdom (9.0 units)
5. Germany (4.0 units)
6. Japan (4.0 units)

Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Uruguay

In 2022, approx. 14 units of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs were exported from Uruguay; approximately mirroring the year before. Over the period under review, exports continue to indicate a resilient increase. The smallest decline of -80% was in 2020. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $1M in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 183% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc from Uruguay in 2022:

1. United States (8.0 units)
2. Dominican Republic (6.0 units)

Source: IndexBox Market Intelligence Platform