Ecuador: Non-Electric Air Heater Market 2025

Non-Electric Air Heater Market Size in Ecuador

The Ecuadorian non-electric air heater market contracted dramatically to $X in 2022, shrinking by -29% 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). Overall, consumption showed a abrupt descent. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Non-Electric Air Heater Exports

Exports from Ecuador

In 2022, non-electric air heater exports from Ecuador expanded significantly to X units, with an increase of 7.8% on 2021 figures. Overall, exports showed strong growth. The growth pace was the most rapid in 2019 when exports increased by 126% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, non-electric air heater exports soared to $X in 2022. In general, exports posted a resilient expansion. The pace of growth appeared the most rapid in 2019 with an increase of 346% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Colombia (X units) was the main destination for non-electric air heater exports from Ecuador, with a 74% share of total exports. Moreover, non-electric air heater exports to Colombia exceeded the volume sent to the second major destination, the United States (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume to Colombia stood at +13.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+3.7% per year) and Guatemala (-99.8% per year).

In value terms, Colombia ($X), the United States ($X) and Guatemala ($X) constituted the largest markets for non-electric air heater exported from Ecuador worldwide, together accounting for 99.9% of total exports.

Among the main countries of destination, Colombia, with a CAGR of +7.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average non-electric air heater export price stood at $X per unit in 2022, increasing by 23% against the previous year. Over the period under review, the export price, however, showed a mild setback. The most prominent rate of growth was recorded in 2019 an increase of 98%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($X per unit), while the average price for exports to Colombia ($X 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 Guatemala (+4,483.4%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Electric Air Heater Imports

Imports into Ecuador

Non-electric air heater imports into Ecuador reduced notably to X units in 2022, shrinking by -40% compared with the previous year's figure. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 181%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, non-electric air heater imports contracted dramatically to $X in 2022. Over the period under review, imports showed a abrupt descent. The pace of growth appeared the most rapid in 2018 when imports increased by 180%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Italy (X units) constituted the largest non-electric air heater supplier to Ecuador, accounting for a 40% share of total imports. Moreover, non-electric air heater imports from Italy exceeded the figures recorded by the second-largest supplier, China (X units), twofold. Taiwan (Chinese) (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Italy stood at -18.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-15.7% per year) and Taiwan (Chinese) (-20.9% per year).

In value terms, Italy ($X) constituted the largest supplier of non-electric air heaters or hot air distributors to Ecuador, comprising 35% of total imports. The second position in the ranking was taken by the UK ($X), with a 14% share of total imports. It was followed by Brazil, with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy stood at -11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+2.7% per year) and Brazil (+38.8% per year).

Import Prices by Country

In 2022, the average non-electric air heater import price amounted to $X per unit, picking up by 28% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +7.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-electric air heater import price decreased by -1.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 50% against the previous year. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a lower figure.

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 Chile ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+34.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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