Ecuador: Market for Braids In The Piece, Tassels And Pompons, Ornamental Trimmings 2022

Market Size for Braids In The Piece, Tassels And Pompons, Ornamental Trimmings in Ecuador

The Ecuadorian market for braids in the piece, tassels and pompons, ornamental trimmings declined dramatically to $X in 2021, reducing by -X% against the previous year. In general, consumption showed a mild descent. As a result, consumption attained the peak level of $X, and then contracted remarkably in the following year.

Production of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings in Ecuador

In value terms, production of braids in the piece, tassels and pompons, ornamental trimmings dropped dramatically to $X in 2021 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X, and then fell rapidly in the following year.

Exports of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings

Exports from Ecuador

In 2021, exports of braids in the piece, tassels and pompons, ornamental trimmings from Ecuador was estimated at X kg, remaining constant against the year before. In general, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the exports of braids in piece, tassels and pompons, ornamental trimmings attained the peak figure at X kg in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of braids in the piece, tassels and pompons, ornamental trimmings rose notably to $X in 2021. Over the period under review, exports faced a abrupt setback. The growth pace was the most rapid in 2019 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Moldova (X kg), Spain (X kg) and Bolivia (X kg) were the main destinations of exports of braids in the piece, tassels and pompons, ornamental trimmings from Ecuador, with a combined X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +X%), while the other leaders experienced mixed trend patterns.

In value terms, Spain ($X), the United States ($X) and Moldova ($X) constituted the largest markets for braids, tassels, pompons and ornamental trimmings exported from Ecuador worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, Moldova, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for braids in the piece, tassels and pompons, ornamental trimmings stood at $X per ton in 2021, surging by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Bolivia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings

Imports into Ecuador

In 2021, overseas purchases of braids in the piece, tassels and pompons, ornamental trimmings decreased by -X% to X tons, falling for the third consecutive year after three years of growth. In general, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of braids in the piece, tassels and pompons, ornamental trimmings declined rapidly to $X in 2021. Overall, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports of braids in piece, tassels and pompons, ornamental trimmings attained the peak figure at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest braids, tassels, pompons and ornamental trimmings supplier to Ecuador, accounting for a X% share of total imports. Moreover, imports of braids in the piece, tassels and pompons, ornamental trimmings from China exceeded the figures recorded by the second-largest supplier, Colombia (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume from China totaled -X%.

In value terms, China ($X) and Colombia ($X) were the largest braids, tassels, pompons and ornamental trimmings suppliers to Ecuador.

Colombia, with a CAGR of -X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

The average import price for braids in the piece, tassels and pompons, ornamental trimmings stood at $X per ton in 2021, which is down by -X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Colombia ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%).

Source: IndexBox Platform