Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Uruguay - 2023

Contents:

  1. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Uruguay (FOB) - 2022
  2. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Uruguay (CIF) - 2022
  3. Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Uruguay
  4. Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Uruguay

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Uruguay (FOB) - 2022

In 2022, the average export price for articles of apparel, clothing accessories and other articles of furskin amounted to $137 per unit, surging by 8.1% against the previous year. In general, the export price, however, showed a noticeable slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 16%. The export price peaked at $241 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($238 per unit), while the average price for exports to Sweden ($88 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 UK (-0.1%), while the prices for the other major destinations experienced a decline.

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Uruguay (CIF) - 2022

The average import price for articles of apparel, clothing accessories and other articles of furskin stood at $47 per unit in 2022, with an increase of 44% against the previous year. Over the period under review, the import price, however, saw a noticeable contraction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 86%. As a result, import price attained the peak level of $139 per unit. From 2014 to 2022, the average import prices remained at a 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 the Philippines ($610 per unit), while the price for the United States ($22 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Uruguay

For the third consecutive year, Uruguay recorded decline in shipments abroad of articles of apparel, clothing accessories and other articles of furskin, which decreased by -6.3% to 7.3K units in 2022. Over the period under review, exports saw a precipitous descent. The exports peaked at 14K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of articles of apparel, clothing accessories and other articles of furskin stood at $1M in 2022. Overall, exports continue to indicate a abrupt curtailment. The exports peaked at $1.9M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1,027720571382-28.1%
Germany21835726030812.2%
Chile179N/A88.1136-8.8%
Sweden75.637.40.981.22.4%
United States18433.643.639.1-40.3%
Spain7.314.319.2N/A62.2%
Others18711.97.658.2-32.2%
Total1,8781,1749911,004-18.8%

Top Export Markets for Articles of Apparel, Clothing Accessories and Other Articles of Furskin from Uruguay in 2022:

  1. United Kingdom (3.0K units)
  2. Germany (2.4K units)
  3. Sweden (0.9K units)
  4. Chile (0.6K units)
  5. United States (0.3K units)

Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Uruguay

For the fourth year in a row, Uruguay recorded growth in purchases abroad of articles of apparel, clothing accessories and other articles of furskin, which increased by 25% to 1.4K units in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.7% 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 +80.1% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 38% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of articles of apparel, clothing accessories and other articles of furskin skyrocketed to $66K in 2022. Overall, total imports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +2.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -3.7% against 2020 indices. Over the period under review, imports of hit record highs at $68K in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Import of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.79.14.631.1125.8%
Philippines1.121.2N/A14.0133.5%
Argentina1.18.37.26.479.9%
Panama3.31.56.75.619.3%
Germany35.60.50.75.2-47.3%
Brazil11.75.414.20.9-57.5%
United States1.4N/A0.80.3-40.2%
Hong Kong SAR2.0N/AN/AN/A0%
Others2.622.22.42.2-5.4%
Total61.668.436.565.82.2%

Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to Uruguay in 2022:

  1. China (947.0 units)
  2. Argentina (285.0 units)
  3. Panama (76.0 units)
  4. Philippines (23.0 units)
  5. Brazil (22.0 units)
  6. Germany (22.0 units)
  7. United States (13.0 units)

Source: IndexBox Market Intelligence Platform

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