Report Update Feb 1, 2025

Ecuador - Articles of Non-Malleable Cast Iron - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Market for Articles Of Non-Malleable Cast Iron 2025

Market Size for Articles Of Non-Malleable Cast Iron in Ecuador

The Ecuadorian non-malleable cast iron articles market fell rapidly to $X in 2022, dropping by -21.6% 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). Over the period under review, consumption showed a perceptible decline. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Exports of Articles Of Non-Malleable Cast Iron

Exports from Ecuador

In 2022, exports of articles of non-malleable cast iron from Ecuador dropped rapidly to X tons, with a decrease of -63.1% compared with the previous year's figure. Over the period under review, exports saw a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 1,011% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-malleable cast iron articles exports contracted sharply to $X in 2022. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 1,847%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Peru (X tons) was the main destination for non-malleable cast iron articles exports from Ecuador, with a 88% share of total exports. Moreover, non-malleable cast iron articles exports to Peru exceeded the volume sent to the second major destination, South Africa (X kg), eightfold.

From 2012 to 2022, the average annual growth rate of volume to Peru stood at -17.1%.

In value terms, South Africa ($X) remains the key foreign market for articles of non-malleable cast iron exports from Ecuador, comprising 73% of total exports. The second position in the ranking was taken by Peru ($X), with a 24% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to South Africa totaled -2.2%.

Export Prices by Country

In 2022, the average non-malleable cast iron articles export price amounted to $X per ton, surging by 42% against the previous year. Over the period under review, the export price enjoyed prominent growth. The pace of growth appeared the most rapid in 2021 an increase of 75%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while the average price for exports to Peru stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+28.0%).

Imports of Articles Of Non-Malleable Cast Iron

Imports into Ecuador

In 2022, imports of articles of non-malleable cast iron into Ecuador reduced remarkably to X tons, waning by -20.6% against 2021 figures. In general, imports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2017 with an increase of 197%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, non-malleable cast iron articles imports dropped sharply to $X in 2022. Over the period under review, imports showed a pronounced downturn. The pace of growth was the most pronounced in 2017 with an increase of 213%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

France (X tons), Colombia (X tons) and Venezuela (X tons) were the main suppliers of non-malleable cast iron articles imports to Ecuador, together comprising 81% of total imports. China, Italy, Spain, the United States and Peru lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +48.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X), France ($X) and Spain ($X) constituted the largest non-malleable cast iron articles suppliers to Ecuador, with a combined 77% share of total imports.

Spain, with a CAGR of +31.2%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-malleable cast iron articles import price stood at $X per ton in 2022, shrinking by -4% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 65% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 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 the United States ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+879.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for articles of non-malleable cast iron in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 45% share of global consumption.

What are the largest producers of articles of non-malleable cast iron in the world?

China constituted the country with the largest volume of non-malleable cast iron articles production, accounting for 28% of total volume. Moreover, non-malleable cast iron articles production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by India, with an 11% share.

What are the leading suppliers of articles of non-malleable cast iron to Ecuador?

In value terms, the largest non-malleable cast iron articles suppliers to Ecuador were Colombia, France and Italy, with a combined 83% share of total imports. These countries were followed by Spain and China, which together accounted for a further 12%.

What is the average export price for articles of non-malleable cast iron in Ecuador?

The average non-malleable cast iron articles export price stood at $749 per ton in 2021, falling by -73.6% against the previous year.

What is the average import price for articles of non-malleable cast iron in Ecuador?

In 2021, the average non-malleable cast iron articles import price amounted to $2,273 per ton, growing by 4.5% against the previous year.

This report provides an in-depth analysis of the market for non-malleable cast iron articles in Ecuador. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25992913 - Articles of non-malleable cast iron, n.e.c.

Country coverage:

Ecuador

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ecuador
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024