The Uruguayan market for pulley tackle and hoists powered by an electric motor expanded modestly to $X in 2021, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded buoyant growth. Consumption of peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.
In 2021, overseas shipments of electric motor-driven pulley blocks and cranes increased by X% to X units for the first time since 2015, thus ending a five-year decline. Overall, exports showed strong growth. The most notable growth rate was in 2013, when exports increased by X% over the previous year. As a result, exports peak at X units. From 2014 to 2021, China's export growth will remain at a low level.
In terms of value, 2021 exports of electric pulley blocks and cranes soared to X dollars. Overall, exports have grown substantially. The growth rate was most pronounced in 2013, with exports up X% over the previous year. In 2015, the export value peaked at $X; however, from 2016 to 2021, the export value decreased.
Chile (X units), Brazil (X units) and Germany (X units) were the main destinations for Uruguayan electric block and crane exports.
From 2012 to 2021, the largest increase will be in Brazil (-X% CAGR), while shipments of other national leaders will decline. In terms of value, Germany ($X) remains the main foreign market for Uruguay's exports of electric motor driven pulley blocks and cranes, accounting for X% of total exports. In second place is Brazil (USD X), accounting for X% of total exports.
From 2012 to 2021, the average annual value growth rate in Germany is +X%. The average annual growth rate of exports to other major destinations is as follows: Brazil (+X% per year) and Chile (+X% per year).
In 2021, Uruguay imported approximately X sets of pulley blocks and cranes powered by electric motors; an increase of X% compared to 2020. In general, imports showed elastic growth. The rate of growth appears to be fastest in 2016, with imports up X% over the previous year. During the reporting period, imports peaked at X units in 2019; however, imports failed to regain momentum from 2020-2021. In terms of value, in 2021, imports of pulley blocks and hoists driven by electric motors have grown significantly to $X. Overall, total imports show measured growth from 2012 to 2021: their value has grown at an average annual rate of +X% over the past nine years. However, the trend pattern shows that some notable fluctuations were recorded throughout the analysis period. Based on 2021 data, imports are down -X% compared to the 2019 index. The pace of growth was most pronounced in 2019, with imports up X% over the previous year. As a result, imports peaked at $X. From 2020 to 2021, the import growth rate will remain at a low level.
In 2021, Japan (X units) is the largest pulley block and crane powered by Uruguayan electric motor suppliers, accounting for X% of total imports. In addition, the number of pulley blocks and electric hoists imported from Japan exceeded five times that of the second largest supplier China (X Taiwan).
From 2012 to 2021, the average annual growth rate of transaction volume from Japan is +X%.
Japan ($X) is the largest supplier of pulley blocks and electric hoists to Uruguay by value, accounting for X% of total imports. In second place is China ($X), accounting for X% of total imports. From 2012 to 2021, the average annual growth rate in Japanese values is +X%.
In value terms, Japan constituted the largest supplier of pulley tackle and hoists powered by an electric motor to Uruguay, comprising 47% of total imports. The second position in the ranking was taken by China, with a 10% share of total imports.
In value terms, Germany remains the key foreign market for pulley tackle and hoists powered by an electric motor exports from Uruguay, comprising 51% of total exports. The second position in the ranking was taken by Brazil $782), with a 21% share of total exports.
In 2021, the average export price for pulley tackle and hoists powered by an electric motor amounted to $1,146 per unit, dropping by -14.2% against the previous year.
In 2021, the average import price for pulley tackle and hoists powered by an electric motor amounted to $377 per unit, rising by 7.1% against the previous year.
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