Price for Reciprocating or Rotary Internal Combustion Piston Engines in Uruguay - 2023
Contents:
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Uruguay (CIF) - 2022
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Uruguay (FOB) - 2022
- Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Uruguay
- Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Uruguay
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Uruguay (CIF) - 2022
The average import price for reciprocating or rotary internal combustion piston engineses stood at $683 per unit in 2022, declining by -13% against the previous year. Over the period under review, the import price, however, continues to indicate a temperate expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 1,275% against the previous year. The import price peaked at $1,254 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 ($3,564 per unit), while the price for Thailand ($262 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 (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Uruguay (FOB) - 2022
The average export price for reciprocating or rotary internal combustion piston engineses stood at $7,079 per unit in 2022, shrinking by -47.4% against the previous year. Over the period under review, the export price, however, saw resilient growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 163% against the previous year. The export price peaked at $13,468 per unit in 2021, and then fell significantly in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($9,477 per unit), while the average price for exports to Germany ($465 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 Argentina (+11.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Uruguay
In 2022, the amount of reciprocating or rotary internal combustion piston engineses imported into Uruguay expanded significantly to 5.3K units, increasing by 6.6% compared with the year before. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +9.1% 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 +54.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 44%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of reciprocating or rotary internal combustion piston engineses declined to $3.6M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 56%. As a result, imports reached the peak of $3.9M, and then dropped in the following year.
| Import of Reciprocating or Rotary Internal Combustion Piston Engines in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 715 | 584 | 1,210 | 1,422 | 25.8% |
| China | 685 | 679 | 1,076 | 1,102 | 17.2% |
| Japan | 639 | 922 | 1,332 | 683 | 2.2% |
| Thailand | 30.8 | 13.8 | 9.0 | 68.5 | 30.5% |
| Others | 266 | 287 | 261 | 319 | 6.2% |
| Total | 2,336 | 2,487 | 3,889 | 3,594 | 15.4% |
Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Uruguay in 2022:
- China (4.1K units)
- United States (0.4K units)
- Japan (0.4K units)
- Thailand (0.3K units)
Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Uruguay
In 2022, the amount of reciprocating or rotary internal combustion piston engineses exported from Uruguay soared to 47 units, picking up by 124% against 2021 figures. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of reciprocating or rotary internal combustion piston engineses contracted to $162K in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 402% against the previous year. The exports peaked at $189K in 2021, and then fell in the following year.
| Export of Reciprocating or Rotary Internal Combustion Piston Engines in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 13.6 | 77.1 | 99.1 | 142 | 118.6% |
| Argentina | N/A | N/A | N/A | 19.5 | 0% |
| Germany | N/A | N/A | 53.5 | 0.5 | -99.1% |
| Paraguay | 2.3 | 6.0 | 35.0 | N/A | 290.1% |
| Others | 0.7 | N/A | 1.0 | N/A | 19.5% |
| Total | 16.6 | 83.1 | 189 | 162 | 113.7% |
Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Uruguay in 2022:
- Argentina (31.0 units)
- United States (15.0 units)
- Germany (1.0 units)
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