Ecuador: Market for Digital Data Processing Machines: Presented In The Form Of Systems 2025

Market Size for Digital Data Processing Machines: Presented In The Form Of Systems in Ecuador

After three years of growth, the Ecuadorian digital data processing machine market decreased by -10.6% to $X in 2021. Overall, consumption continues to indicate a deep slump. Digital data processing machine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Exports of Digital Data Processing Machines: Presented In The Form Of Systems

Exports from Ecuador

In 2021, overseas shipments of digital data processing machines: presented in the form of systems decreased by -18.6% to X units, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 181% against the previous year. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, digital data processing machine exports surged to $X in 2021. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 389% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Guatemala (X units), Venezuela (X units) and the United States (X units) were the main destinations of digital data processing machine exports from Ecuador, with a combined 78% 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 Venezuela (with a CAGR of +61.6%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) emerged as the key foreign market for digital data processing machines: presented in the form of systems exports from Ecuador, comprising 51% of total exports. The second position in the ranking was held by Guatemala ($X), with a 17% share of total exports. It was followed by Venezuela, with a 10% share.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +37.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+41.4% per year) and Venezuela (+65.0% per year).

Export Prices by Country

The average digital data processing machine export price stood at $X per unit in 2021, picking up by 150% against the previous year. Overall, the export price, however, continues to indicate a pronounced decline. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Digital Data Processing Machines: Presented In The Form Of Systems

Imports into Ecuador

In 2021, overseas purchases of digital data processing machines: presented in the form of systems decreased by -10.7% to X units for the first time since 2017, thus ending a three-year rising trend. Overall, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2018 with an increase of 30%. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, digital data processing machine imports shrank to $X in 2021. Over the period under review, imports saw a deep downturn. The growth pace was the most rapid in 2018 with an increase of 22%. 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

China (X units), the United States (X units) and Mexico (X units) were the main suppliers of digital data processing machine imports to Ecuador, together accounting for 88% of total imports. These countries were followed by Panama, Russia and South Korea, which together accounted for a further 7.5%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +108.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Mexico ($X) were the largest digital data processing machine suppliers to Ecuador, with a combined 66% share of total imports. These countries were followed by Russia, Panama and South Korea, which together accounted for a further 8.2%.

Russia, with a CAGR of +122.6%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average digital data processing machine import price amounted to $X per unit, remaining relatively unchanged against the previous year. In general, import price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, digital data processing machine import price decreased by -39.5% against 2015 indices. The pace of growth was the most pronounced in 2013 an increase of 71% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+9.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :