Ecuador: Camping Equipment Market 2024

Camping Equipment Market Size in Ecuador

The Ecuadorian camping equipment market shrank markedly to $X in 2022, falling by X% against the previous year. Over the period under review, consumption faced a deep reduction. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Camping Equipment Production in Ecuador

In value terms, camping equipment production expanded to $X in 2022 estimated in export price. In general, production, however, saw significant growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Camping Equipment Exports

Exports from Ecuador

In 2022, after two years of growth, there was significant decline in shipments abroad of camping goods, when their volume decreased by X% to X tons. Overall, exports, however, recorded a prominent expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The exports peaked at X tons in 2021, and then dropped notably in the following year.

In value terms, camping equipment exports fell remarkably to $X in 2022. Over the period under review, exports, however, showed a strong increase. The pace of growth was the most pronounced in 2020 when exports increased by X%. The exports peaked at $X in 2021, and then contracted dramatically in the following year.

Exports by Country

Costa Rica (X tons), Panama (X tons) and the United States (X tons) were the main destinations of camping equipment exports from Ecuador, with a combined X% share of total exports. Honduras, Peru, the Dominican Republic, Spain and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Honduras (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Panama ($X) emerged as the key foreign market for camping goods exports from Ecuador, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by Honduras, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Panama stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Honduras (X% per year).

Export Prices by Country

In 2022, the average camping equipment export price amounted to $X per ton, dropping by X% against the previous year. In general, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Costa Rica ($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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Camping Equipment Imports

Imports into Ecuador

In 2022, approx. X tons of camping goods were imported into Ecuador; with a decrease of X% against 2021. Overall, imports saw a pronounced downturn. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021, and then shrank markedly in the following year.

In value terms, camping equipment imports contracted notably to $X in 2022. Over the period under review, imports continue to indicate a noticeable decrease. The pace of growth was the most pronounced in 2019 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2021, and then fell dramatically in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest camping equipment supplier to Ecuador, with a X% share of total imports. Moreover, camping equipment imports from China exceeded the figures recorded by the second-largest supplier, Peru (X tons), more than tenfold. Bangladesh (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, China ($X) constituted the largest supplier of camping goods to Ecuador, comprising X% of total imports. The second position in the ranking was held by Bangladesh ($X), with an X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average camping equipment import price amounted to $X per ton, growing by X% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 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 Australia ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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