Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Uruguay - 2023

Contents:

1. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Uruguay (CIF) - 2023
2. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Uruguay (FOB) - 2022
3. Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Uruguay
4. Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Uruguay

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Uruguay (CIF) - 2023

In December 2023, the average import price for footwear; parts, outer soles and heels, of rubber or plasticses amounted to $8,655 per ton, reducing by -40.8% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 536% against the previous month. Over the period under review, average import prices attained the peak figure at $14,627 per ton in November 2023, and then shrank sharply in the following month.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Argentina ($14,887 per ton), while the price for Brazil totaled $8,629 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Argentina (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Uruguay (FOB) - 2022

In 2022, the average export price for footwear; parts, outer soles and heels, of rubber or plasticses amounted to $11,237 per ton, shrinking by -65.2% against the previous year. Over the period under review, the export price saw a perceptible contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 140% against the previous year. As a result, the export price attained the peak level of $32,303 per ton, and then shrank rapidly in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($12,857 per ton), while the average price for exports to Bolivia stood at $10,871 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+36.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Uruguay

After three years of growth, purchases abroad of footwear; parts, outer soles and heels, of rubber or plasticses decreased by -2.3% to 77 tons in 2022. Over the period under review, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 66% against the previous year.

In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses expanded notably to $739K in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.4% 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 +88.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 41%. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics to Uruguay in 2022:

1. Brazil (35.2 tons)
2. China (21.5 tons)
3. Argentina (20.7 tons)

Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Uruguay

In 2022, exports of footwear; parts, outer soles and heels, of rubber or plasticses from Uruguay shrank sharply to 38 kg, waning by -75% on the previous year. In general, exports continue to indicate a precipitous slump. The pace of growth was the most pronounced in 2021 with an increase of 187% against the previous year. As a result, the exports attained the peak of 152 kg, and then declined significantly in the following year.

In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses contracted remarkably to $427 in 2022. Overall, exports saw a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 588% against the previous year. As a result, the exports reached the peak of $4.9K, and then declined remarkably in the following year.

Top Export Markets for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics from Uruguay in 2022:

1. Bolivia (31.0 kg)
2. Spain (7.0 kg)

Source: IndexBox Market Intelligence Platform