Uruguay - Electric Water Heaters And Immersion Heaters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingElectric Water Heater Price in Uruguay - 2022
Contents:
- Electric Water Heater Price in Uruguay (CIF) - 2022
- Electric Water Heater Price in Uruguay (FOB) - 2022
- Electric Water Heater Imports in Uruguay
- Electric Water Heater Exports in Uruguay
Electric Water Heater Price in Uruguay (CIF) - 2022
In 2022, the average electric water heater import price amounted to $44 per unit, growing by 41% against the previous year. In general, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric water heater import price increased by +47.6% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 56% against the previous year. The import price peaked at $49 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
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 Italy ($74 per unit), while the price for China ($12 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.6%), while the prices for the other major suppliers experienced a decline.
Electric Water Heater Price in Uruguay (FOB) - 2022
In 2022, the average electric water heater export price amounted to $103 per unit, rising by 13% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($104 per unit), while the average price for exports to Argentina totaled $90 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+2.1%).
Electric Water Heater Imports in Uruguay
In 2022, overseas purchases of electric water heaters and immersion heaters decreased by -29.4% to 86K units for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a measured expansion from 2019 to 2022: its volume increased at an average annual rate of +4.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. As a result, imports reached the peak of 122K units, and then declined markedly in the following year.
In value terms, electric water heater imports declined to $3.8M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +19.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.4% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 33% against the previous year. Over the period under review, imports attained the maximum at $3.8M in 2021, and then reduced in the following year.
Import of Electric Water Heater in Uruguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Egypt | 904 | 583 | 1,378 | 2,836 | 46.4% |
China | 1,098 | 2,058 | 1,942 | 356 | -31.3% |
Italy | 185 | 156 | 124 | 289 | 16.0% |
United Arab Emirates | N/A | N/A | N/A | 127 | 0% |
Turkey | 1.6 | 30.5 | 153 | 87.8 | 280.0% |
Others | 42.7 | 142 | 180 | 59.7 | 11.8% |
Total | 2,231 | 2,970 | 3,777 | 3,756 | 19.0% |
Top Suppliers of Electric Water Heater to Uruguay in 2022:
- Egypt (48.5K units)
- China (29.4K units)
- Italy (3.9K units)
- United Arab Emirates (2.0K units)
- Turkey (1.4K units)
Electric Water Heater Exports in Uruguay
In 2022, overseas shipments of electric water heaters and immersion heaters decreased by -56.3% to 5.6K units, falling for the second year in a row after two years of growth. Over the period under review, exports showed a precipitous decline. The pace of growth appeared the most rapid in 2020 with an increase of 25%. As a result, the exports reached the peak of 14K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, electric water heater exports dropped remarkably to $577K in 2022. In general, exports showed a deep slump. The growth pace was the most rapid in 2020 when exports increased by 30%. As a result, the exports attained the peak of $1.2M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Electric Water Heater in Uruguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Paraguay | 745 | 977 | 965 | 538 | -10.3% |
Argentina | 199 | 248 | 209 | 39.6 | -41.6% |
Others | 0.1 | 0.6 | 0.2 | N/A | 41.4% |
Total | 945 | 1,225 | 1,174 | 577 | -15.2% |
Top Export Markets for Electric Water Heater from Uruguay in 2022:
- Paraguay (5.2K units)
- Argentina (0.4K units)
This report provides an in-depth analysis of the electric water heater market in Uruguay. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27512530 - Electric instantaneous water heaters
- Prodcom 27512550 -
- Prodcom 27512570 -
- Prodcom 27512560 - Electric water heaters and immersion heaters (excluding instantaneous water heaters)
Country coverage:
- Uruguay
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Uruguay
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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