Report Update Nov 1, 2024

Ecuador - Carboys, Bottles and Similar Articles of Plastics - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Plastic Bottle Market 2024

Plastic Bottle Market Size in Ecuador

The Ecuadorian plastic bottle market skyrocketed to $X in 2022, jumping by 230% against the previous year. In general, consumption, however, continues to indicate a abrupt slump. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Plastic Bottle Production in Ecuador

In value terms, plastic bottle production reduced slightly to $X in 2022 estimated in export price. Overall, production recorded buoyant growth. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year. As a result, production attained the peak level of $X, and then contracted slightly in the following year.

Plastic Bottle Exports

Exports from Ecuador

In 2022, after two years of growth, there was significant decline in overseas shipments of carboys, bottles and similar articles of plastics, when their volume decreased by -10.4% to X tons. The total export volume increased at an average annual rate of +5.9% over the period from 2020 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. As a result, the exports reached the peak of X tons, and then shrank in the following year.

In value terms, plastic bottle exports declined to $X in 2022. The total export value increased at an average annual rate of +9.8% from 2020 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. As a result, the exports reached the peak of $X, and then dropped in the following year.

Exports by Country

Colombia (X tons), Peru (X tons) and El Salvador (X tons) were the main destinations of plastic bottle exports from Ecuador, with a combined 80% share of total exports.

From 2020 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by El Salvador (with a CAGR of +65.2%), while the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X) remains the key foreign market for carboys, bottles and similar articles of plastics exports from Ecuador, comprising 45% of total exports. The second position in the ranking was held by Peru ($X), with a 22% share of total exports. It was followed by El Salvador, with a 10% share.

From 2020 to 2022, the average annual rate of growth in terms of value to Colombia amounted to +18.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-6.5% per year) and El Salvador (+50.3% per year).

Export Prices by Country

In 2022, the average plastic bottle export price amounted to $X per ton, shrinking by -4.6% against the previous year. Over the period from 2020 to 2022, it increased at an average annual rate of +3.7%. The pace of growth appeared the most rapid in 2021 an increase of 13% against the previous year. As a result, the export price reached the peak level of $X per ton, and then contracted modestly in the following year.

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

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for carboys, bottles and similar articles of plastics in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 34% of global consumption. These countries were followed by Russia, Indonesia, Pakistan, Brazil, Nigeria, Mexico, Japan, Bangladesh, Spain and Ethiopia, which together accounted for a further 22%.

What are the largest producers of carboys, bottles and similar articles of plastics in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 35% share of global production. Russia, Indonesia, Pakistan, Mexico, Nigeria, Bangladesh, Japan, Spain, Brazil and Ethiopia lagged somewhat behind, together comprising a further 22%.

What are the leading suppliers of carboys, bottles and similar articles of plastics to Ecuador?

In value terms, Colombia constituted the largest supplier of plastic bottle to Ecuador, comprising 56% of total imports. The second position in the ranking was occupied by China, with a 20% share of total imports. It was followed by Peru, with a 10% share.

What are the leading importers of carboys, bottles and similar articles of plastics from Ecuador?

In value terms, Colombia, Peru and Panama were the largest markets for plastic bottle exported from Ecuador worldwide, together accounting for 84% of total exports.

What is the average export price for carboys, bottles and similar articles of plastics in Ecuador?

The average plastic bottle export price stood at $1,810 per ton in 2021, rising by 12% against the previous year.

What is the average import price for carboys, bottles and similar articles of plastics in Ecuador?

In 2021, the average plastic bottle import price amounted to $4,572 per ton, rising by 14% against the previous year.

This report provides an in-depth analysis of the plastic bottle market 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 22221450 - Plastic carboys, bottles, flasks and similar articles for the conveyance or packing of goods, of a capacity . 2 litres
Prodcom 22221470 - Plastic carboys, bottles, flasks and similar articles for the conveyance or packing of goods, of a capacity > 2 litres

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
Find deeper insights into current market developments
Discover vital success factors affecting the market

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
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023