Ecuador - Centrifugal Clothes-Dryers - Market Analysis, Forecast, Size, Trends and Insights
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Centrifugal Clothes-Dryer Market Size in Ecuador
The Ecuadorian centrifugal clothes-dryer market surged to $X in 2021, increasing by 88% 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, however, recorded a drastic downturn. Centrifugal clothes-dryer consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.
Centrifugal Clothes-Dryer Exports
Exports from Ecuador
In 2021, overseas shipments of centrifugal clothes-dryers decreased by 0% to X units for the first time since 2018, thus ending a two-year declining trend. In general, exports saw a deep slump. The most prominent rate of growth was recorded in 2018 when exports increased by 100%. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.
In value terms, centrifugal clothes-dryer exports dropped to $X in 2021. Over the period under review, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2013 when exports increased by 33%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Venezuela (X units) was the main destination for centrifugal clothes-dryer exports from Ecuador, with a approx. 100% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of volume to Venezuela was relatively modest.
In value terms, Venezuela ($X) remains the key foreign market for centrifugal clothes-dryers exports from Ecuador, comprising 92% of total exports. The second position in the ranking was taken by Honduras ($X), with a 7.6% share of total exports.
From 2012 to 2021, the average annual growth rate of value to Venezuela totaled -7.8%.
Export Prices by Country
The average centrifugal clothes-dryer export price stood at $X per unit in 2021, reducing by -11.5% against the previous year. Overall, the export price saw a perceptible curtailment. The pace of growth was the most pronounced in 2019 an increase of 76%. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Venezuela ($X per unit), while the average price for exports to Honduras amounted to $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+3.4%).
Centrifugal Clothes-Dryer Imports
Imports into Ecuador
In 2021, the amount of centrifugal clothes-dryers imported into Ecuador skyrocketed to X units, rising by 90% compared with 2020 figures. Over the period under review, imports, however, faced a drastic downturn. The growth pace was the most rapid in 2019 with an increase of 347% against the previous year. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
In value terms, centrifugal clothes-dryer imports skyrocketed to $X in 2021. In general, imports, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2015 when imports increased by 283%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, Belgium (X units) constituted the largest supplier of centrifugal clothes-dryer to Ecuador, accounting for a 38% share of total imports. Moreover, centrifugal clothes-dryer imports from Belgium exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. The third position in this ranking was taken by Mexico (X units), with a 15% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium stood at +35.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-30.5% per year) and Mexico (+54.1% per year).
In value terms, the largest centrifugal clothes-dryer suppliers to Ecuador were the United States ($X), Belgium ($X) and Chile ($X), with a combined 71% share of total imports. Mexico, Spain, China, South Korea, Colombia and Panama lagged somewhat behind, together accounting for a further 25%.
In terms of the main suppliers, Mexico, with a CAGR of +59.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average centrifugal clothes-dryer import price stood at $X per unit in 2021, dropping by -2.4% against the previous year. Overall, the import price, however, saw tangible growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 125%. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per unit), while the price for Colombia ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+23.6%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the centrifugal clothes-dryer 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 28942300 - Centrifugal clothes-dryers
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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