Uruguay: Market for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters 2024

Market Size for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters in Uruguay

In 2022, the Uruguayan electric oven and cooker market increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the near future.

Production of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters in Uruguay

In value terms, electric oven and cooker production reduced to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Electric oven and cooker production peaked at $X in 2012; afterwards, it flattened through to 2022.

Exports of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters

Exports from Uruguay

In 2022, overseas shipments of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters decreased by X% to X units, falling for the fifth year in a row after four years of growth. In general, exports saw a significant decrease. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, electric oven and cooker exports totaled $X in 2022. Over the period under review, exports recorded a precipitous contraction. The growth pace was the most rapid in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Free Zones (X units) was the main destination for electric oven and cooker exports from Uruguay, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Free Zones stood at X%.

From 2012 to 2022, the average annual growth rate of value to Free Zones amounted to X%.

Export Prices by Country

In 2022, the average electric oven and cooker export price amounted to $X per unit, leveling off at the previous year. Overall, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 an increase of X%. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Free Zones.

From 2012 to 2022, the rate of growth in terms of prices for Paraguay amounted to X% per year.

Imports of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters

Imports into Uruguay

In 2022, approx. X units of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters were imported into Uruguay; surging by X% on the previous year. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, electric oven and cooker imports rose notably to $X in 2022. Over the period under review, total imports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

China (X units), Turkey (X units) and Brazil (X units) were the main suppliers of electric oven and cooker imports to Uruguay, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Turkey ($X) constituted the largest supplier of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters to Uruguay, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with an X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average electric oven and cooker import price amounted to $X per unit, falling by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit, and then contracted in the following year.

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

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

Source: IndexBox Platform

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