Seals; Mechanical Price in Uruguay - 2022

Contents:

  1. Seals; Mechanical Price in Uruguay (CIF) - 2022
  2. Seals; Mechanical Price in Uruguay (FOB) - 2022
  3. Seals; Mechanical Imports in Uruguay
  4. Seals; Mechanical Exports in Uruguay

Seals; Mechanical Price in Uruguay (CIF) - 2022

The average seals; mechanical import price stood at $4.2 per unit in 2022, reducing by -23.9% against the previous year. Over the period under review, the import price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 34% against the previous year. The import price peaked at $5.6 per unit in 2021, and then contracted significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($23 per unit), while the price for Italy ($1.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Seals; Mechanical Price in Uruguay (FOB) - 2022

In 2022, the average seals; mechanical export price amounted to $1 per unit, with a decrease of -90.6% against the previous year. Over the period under review, the export price showed a deep contraction. The growth pace was the most rapid in 2021 when the average export price increased by 182%. As a result, the export price attained the peak level of $10 per unit, and then dropped remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($1.3 per unit), while the average price for exports to Free Zones ($0.8 per unit) 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 (+20.2%), while the prices for the other major destinations experienced more modest paces of growth.

Seals; Mechanical Imports in Uruguay

In 2022, purchases abroad of seals; mechanicals was finally on the rise to reach 324K units after two years of decline. In general, imports, however, saw a abrupt curtailment. Over the period under review, imports attained the maximum at 465K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, seals; mechanical imports skyrocketed to $1.4M in 2022. Overall, imports, however, showed a abrupt setback. Imports peaked at $2.1M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Seals; Mechanical in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina635257224332-19.4%
Sweden90.265.483.014015.8%
United States68.862.184.713324.6%
Japan8.916.010.3132145.7%
Brazil12471.71171281.1%
China63.558.355.912625.7%
United Kingdom75.155.892.798.09.3%
Italy29.028.913.826.7-2.7%
Chile71.84.96.015.1-40.5%
Taiwan (Chinese)10.83.50.35.2-21.6%
Others891423426235-35.9%
Total2,0681,0471,1141,372-12.8%

Top Suppliers of Seals; Mechanical to Uruguay in 2022:

  1. China (67.2K units)
  2. Brazil (61.0K units)
  3. United Kingdom (31.1K units)
  4. Sweden (27.9K units)
  5. United States (26.6K units)
  6. Italy (22.2K units)
  7. Japan (17.8K units)
  8. Argentina (14.6K units)
  9. Chile (14.2K units)
  10. Taiwan (Chinese) (11.4K units)

Seals; Mechanical Exports in Uruguay

In 2022, the amount of seals; mechanicals exported from Uruguay declined markedly to 2.9K units, waning by -84.2% on 2021 figures. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 3,744% against the previous year. As a result, the exports reached the peak of 18K units, and then fell notably in the following year.

In value terms, seals; mechanical exports reduced notably to $2.8K in 2022. Overall, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 10,755%. As a result, the exports reached the peak of $187K, and then declined markedly in the following year.

Export of Seals; Mechanical in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BrazilN/AN/A0.81.6100.0%
Paraguay0.20.33.31.176.5%
Free ZonesN/AN/A0.10.10.0%
JapanN/AN/A143N/A0%
Chile0.31.130.7N/A911.6%
LebanonN/AN/A0.4N/A0%
Finland0.10.26.3N/A693.7%
Others0.60.12.0N/A82.6%
Total1.21.71872.832.6%

Top Export Markets for Seals; Mechanical from Uruguay in 2022:

  1. Brazil (1897.0 units)
  2. Paraguay (897.0 units)
  3. Free Zones (67.0 units)

Source: IndexBox Market Intelligence Platform

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