Uruguay: Tungsten Halogen Lamp Market 2024

Tungsten Halogen Lamp Market Size in Uruguay

The Uruguayan tungsten halogen lamp market totaled $X in 2021, surging by 2.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a abrupt descent. Tungsten halogen lamp consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Tungsten Halogen Lamp Exports

Exports from Uruguay

In 2021, the amount of tungsten halogen lamps exported from Uruguay soared to X units, increasing by 183% on the previous year's figure. Overall, exports, however, saw a noticeable descent. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, tungsten halogen lamp exports surged to $X in 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Spain (X units), Chile (X units) and Paraguay (X units) were the main destinations of tungsten halogen lamp exports from Uruguay, with a combined 58% share of total exports.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +58.5%), while the other leaders experienced a decline.

In value terms, the largest markets for tungsten halogen lamp exported from Uruguay were Spain ($X), Chile ($X) and Slovenia ($X), with a combined 92% share of total exports.

Among the main countries of destination, Spain, with a CAGR of +41.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average tungsten halogen lamp export price stood at $X per unit in 2020, picking up by 45% against the previous year. Over the period under review, the export price, however, showed a perceptible reduction. The growth pace was the most rapid in 2019 when the average export price increased by 80%. The export price peaked at $X per unit in 2012; however, from 2013 to 2020, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to Paraguay ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+17.0%), while the prices for the other major destinations experienced mixed trend patterns.

Tungsten Halogen Lamp Imports

Imports into Uruguay

In 2021, approx. X units of tungsten halogen lamps were imported into Uruguay; leveling off at the previous year's figure. Over the period under review, imports showed a abrupt decrease. The growth pace was the most rapid in 2019 when imports increased by 47% against the previous year. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, tungsten halogen lamp imports stood at $X in 2021. In general, imports saw a perceptible reduction. The growth pace was the most rapid in 2013 when imports increased by 14% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2020, China (X units) constituted the largest tungsten halogen lamp supplier to Uruguay, accounting for a 74% share of total imports. Moreover, tungsten halogen lamp imports from China exceeded the figures recorded by the second-largest supplier, Hungary (X units), more than tenfold. Poland (X units) ranked third in terms of total imports with a 3.9% share.

From 2012 to 2020, the average annual rate of growth in terms of volume from China amounted to +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (-11.6% per year) and Poland (-9.1% per year).

In value terms, China ($X) constituted the largest supplier of tungsten halogen lamps to Uruguay, comprising 38% of total imports. The second position in the ranking was taken by Hungary ($X), with a 13% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2020, the average annual rate of growth in terms of value from China totaled -3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (-8.6% per year) and Germany (-12.8% per year).

Import Prices by Country

The average tungsten halogen lamp import price stood at $X per unit in 2020, jumping by 80% against the previous year. Over the period under review, import price indicated a temperate increase from 2012 to 2020: its price increased at an average annual rate of +3.8% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $X per unit in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by South Korea (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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