Key Market Indicators
Uruguay's home appliance exports are expected to hit $57 million by 2026, up from $49 million in 2021. This represents a 2.7% year-on-year growth rate. Since 1999, Uruguayan supply has increased by 5.6% on an annual basis. In 2021, Uruguay was ranked 87th in the world, overtaken by Morocco, which had exports worth $49 million. Germany, Malaysia and the United States were the top three countries in this ranking. Meanwhile, imports of home appliances in Uruguay are projected to reach $11 million by 2026, a 1% year-on-year average growth rate. Since 1999, demand for Uruguayan imports has increased by 1.6% annually. In 2021, the country was 77th in the world, behind Cyprus, which imported home appliances worth $11 million. Germany, Japan and France were the top three countries in this ranking.