Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Uruguay - 2022

Contents:

  1. Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Uruguay (CIF) - 2022
  2. Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Uruguay (FOB) - 2022
  3. Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Uruguay
  4. Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Uruguay

Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Uruguay (CIF) - 2022

In 2022, the average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $176 per unit, surging by 65% against the previous year. In general, the import price continues to indicate buoyant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 United States ($1,506 per unit), while the price for China ($70 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Uruguay (FOB) - 2022

The average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $807 per unit in 2022, reducing by -16.7% against the previous year. Overall, the export price, however, posted tangible growth. The most prominent rate of growth was recorded in 2016 an increase of 936% against the previous year. Over the period under review, the average export prices attained the peak figure at $968 per unit in 2021, and then reduced remarkably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($1,920 per unit), while the average price for exports to Argentina ($44 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 Chile (+15.3%), while the prices for the other major destinations experienced a decline.

Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Uruguay

In 2022, the amount of heaters; instantaneous or storage water heaters, non-electric, other than gasses imported into Uruguay shrank notably to 4.4K units, falling by -27.4% against 2021. Over the period under review, imports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 12%. Over the period under review, imports of attained the maximum at 7.7K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses soared to $777K in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.9% 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 +51.7% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil68.965.218139078.2%
United States3.329.145.8178277.8%
Italy32.948.877.710748.2%
China15116011262.8-25.4%
Argentina13.911.613.324.520.8%
Finland56.873.524.8N/A-33.9%
Turkey26.542.336.9N/A18.0%
Israel20.016.811.0N/A-25.8%
Canada40.953.067.6N/A28.6%
Others97.688.479.814.7-46.8%
Total51258964977714.9%

Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Uruguay in 2022:

  1. Brazil (3242.0 units)
  2. China (897.0 units)
  3. United States (118.0 units)
  4. Italy (79.0 units)
  5. Argentina (77.0 units)

Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Uruguay

Exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses from Uruguay plummeted to 3 units in 2022, which is down by -40% on the previous year. Overall, exports recorded a dramatic decrease. Over the period under review, the exports of attained the peak figure at 5 units in 2021, and then declined dramatically in the following year.

In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses fell rapidly to $2.4K in 2022. In general, exports showed a sharp downturn. The exports peaked at $4.8K in 2021, and then dropped remarkably in the following year.

Export of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Uruguay (USD)
COUNTRY20212022CAGR,
2021-2022
Chile1,6871,92013.8%
Panama534456-14.6%
Argentina46.044.0-4.3%
Denmark2,369N/A0%
Bolivia205N/A0%
OthersN/AN/A0%
Total4,8412,420-50.0%

Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from Uruguay in 2022:

  1. Argentina (1.0 units)
  2. Panama (1.0 units)
  3. Chile (1.0 units)

Source: IndexBox Market Intelligence Platform

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