Ecuador: Stationery Market 2024

Stationery Market Size in Ecuador

In 2022, the Ecuadorian stationery market decreased by -4.9% to $X for the first time since 2018, thus ending a three-year rising trend. Over the period under review, consumption, however, showed a prominent expansion. Stationery consumption peaked at $X in 2021, and then declined slightly in the following year.

Stationery Production in Ecuador

In value terms, stationery production stood at $X in 2022 estimated in export price. In general, production continues to indicate noticeable growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by 64%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Stationery Exports

Exports from Ecuador

In 2022, shipments abroad of articles of stationery was finally on the rise to reach X tons after three years of decline. In general, exports, however, recorded a abrupt decrease. The growth pace was the most rapid in 2018 when exports increased by 73%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, stationery exports soared to $X in 2022. Overall, exports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 89%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Colombia (X tons), Uruguay (X tons) and Panama (X tons) were the main destinations of stationery exports from Ecuador, together accounting for 76% of total exports. Nicaragua, the Dominican Republic, Mexico and Guatemala lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nicaragua (with a CAGR of +212.2%), while the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X) remains the key foreign market for articles of stationery exports from Ecuador, comprising 45% of total exports. The second position in the ranking was held by Panama ($X), with a 17% share of total exports. It was followed by Uruguay, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Colombia totaled -13.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (+91.7% per year) and Uruguay (-2.3% per year).

Export Prices by Country

The average stationery export price stood at $X per ton in 2022, rising by 7.2% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 15% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($X per ton), while the average price for exports to Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.

Stationery Imports

Imports into Ecuador

In 2022, stationery imports into Ecuador declined to X tons, approximately reflecting the previous year. The total import volume increased at an average annual rate of +4.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of 46%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, stationery imports dropped to $X in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by 43% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Colombia (X tons) constituted the largest stationery supplier to Ecuador, with a 89% share of total imports. Moreover, stationery imports from Colombia exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Colombia amounted to +11.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-7.9% per year) and Peru (-15.8% per year).

In value terms, Colombia ($X) constituted the largest supplier of articles of stationery to Ecuador, comprising 82% of total imports. The second position in the ranking was taken by China ($X), with an 11% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Colombia amounted to +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-4.7% per year) and Peru (-20.8% per year).

Import Prices by Country

In 2022, the average stationery import price amounted to $X per ton, approximately reflecting the previous year. Overall, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in 2019 when the average import price increased by 22%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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