Price for Clothing; Parts, Knitted or Crocheted in Uruguay - 2022

Contents:

  1. Price for Clothing; Parts, Knitted or Crocheted in Uruguay (CIF) - 2022
  2. Price for Clothing; Parts, Knitted or Crocheted in Uruguay (FOB) - 2022
  3. Imports of Clothing; Parts, Knitted or Crocheted in Uruguay
  4. Exports of Clothing; Parts, Knitted or Crocheted in Uruguay

Price for Clothing; Parts, Knitted or Crocheted in Uruguay (CIF) - 2022

In 2022, the average import price for clothing; parts, knitted or crocheted amounted to $10,746 per ton, with an increase of 91% against the previous year. In general, the import price, however, saw a noticeable downturn. The pace of growth was the most pronounced in 2016 when the average import price increased by 95%. As a result, import price attained the peak level of $15,449 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($239,333 per ton), while the price for China ($3,225 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+149.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Clothing; Parts, Knitted or Crocheted in Uruguay (FOB) - 2022

The average export price for clothing; parts, knitted or crocheted stood at $146,173 per ton in 2022, with an increase of 372% against the previous year. Overall, the export price recorded a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($151,140 per ton), while the average price for exports to Spain stood at $22,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+74.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Clothing; Parts, Knitted or Crocheted in Uruguay

After three years of growth, overseas purchases of clothing; parts, knitted or crocheted decreased by -88% to 299 kg in 2022. Over the period under review, imports showed a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 109%.

In value terms, clothing; parts, knitted or crocheted imports reduced remarkably to $3.2K in 2022. In general, imports showed a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 146% against the previous year. As a result, imports attained the peak of $15K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Clothing; Parts, Knitted or Crocheted in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ColombiaN/AN/AN/A1.40%
Brazil0.2N/A0.50.751.8%
United States0.51.21.00.4-7.2%
China3.34.04.80.3-55.0%
Hong Kong SAR0.40.71.0N/A58.1%
Thailand0.42.92.0N/A123.6%
SingaporeN/A2.2N/AN/A0%
Taiwan (Chinese)0.50.10.1N/A-55.3%
Italy0.40.54.2N/A224.0%
AustraliaN/A2.8N/AN/A0%
Others0.50.70.30.4-7.2%
Total6.215.314.03.2-19.8%

Top Suppliers of Clothing; Parts, Knitted or Crocheted to Uruguay in 2022:

  1. Brazil (174.0 kg)
  2. China (102.0 kg)
  3. United States (12.0 kg)
  4. Colombia (6.0 kg)

Exports of Clothing; Parts, Knitted or Crocheted in Uruguay

In 2022, approx. 52 kg of clothing; parts, knitted or crocheted were exported from Uruguay; with an increase of 11% against the year before. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 327%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, clothing; parts, knitted or crocheted exports skyrocketed to $7.6K in 2022. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Clothing; Parts, Knitted or Crocheted in Uruguay (USD)
COUNTRY2019202020212022CAGR,
2019-2022
MexicoN/AN/AN/A7,5570%
Spain1.04.010.044.0253.0%
ChileN/AN/A318N/A0%
United States1584341,099N/A163.7%
SingaporeN/AN/A14.0N/A0%
OthersN/A40.014.0N/A-65.0%
Total1594781,4557,601262.9%

Top Export Markets for Clothing; Parts, Knitted or Crocheted from Uruguay in 2022:

  1. Mexico (50.0 kg)
  2. Spain (2.0 kg)

Source: IndexBox Market Intelligence Platform

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