Report Update Feb 1, 2025

Ecuador - Electric Hair Dryers - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Electric Hair Dryer Market 2025

Electric Hair Dryer Market Size in Ecuador

In 2021, the Ecuadorian electric hair dryer market decreased by -4.7% to $X for the first time since 2016, thus ending a four-year rising trend. In general, consumption, however, showed noticeable growth. Electric hair dryer consumption peaked at $X in 2020, and then dropped slightly in the following year.

Electric Hair Dryer Exports

Exports from Ecuador

In 2021, approx. X units of electric hair dryers were exported from Ecuador; increasing by 638% on 2020 figures. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, electric hair dryer exports skyrocketed to $X in 2021. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Peru (X units) was the main destination for electric hair dryer exports from Ecuador, accounting for a 54% share of total exports. Moreover, electric hair dryer exports to Peru exceeded the volume sent to the second major destination, Panama (X units), twofold. Colombia (X units) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Peru stood at +25.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (+78.3% per year) and Colombia (+6.1% per year).

In value terms, the largest markets for electric hair dryer exported from Ecuador were Peru ($X), Panama ($X) and Colombia ($X), together accounting for 91% of total exports.

Panama, with a CAGR of +93.0%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average electric hair dryer export price stood at $X per unit in 2021, surging by 151% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level 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 Panama ($X per unit), while the average price for exports to Venezuela ($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 Colombia (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Hair Dryer Imports

Imports into Ecuador

In 2021, purchases abroad of electric hair dryers decreased by -5.7% to X units for the first time since 2016, thus ending a four-year rising trend. Overall, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2017 when imports increased by 85%. Imports peaked at X units in 2020, and then fell in the following year.

In value terms, electric hair dryer imports shrank to $X in 2021. In general, imports, however, enjoyed a notable expansion. The growth pace was the most rapid in 2017 with an increase of 57%. Over the period under review, imports attained the peak figure at $X in 2020, and then shrank modestly in the following year.

Imports by Country

In 2021, China (X units) was the main electric hair dryer supplier to Ecuador, accounting for a 92% share of total imports. It was followed by the United States (X units), with a 1.8% share of total imports. Hong Kong SAR (X units) ranked third in terms of total imports with a 1.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +26.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-24.7% per year) and Hong Kong SAR (+6.2% per year).

In value terms, China ($X) constituted the largest supplier of electric hair dryers to Ecuador, comprising 75% of total imports. The second position in the ranking was taken by Italy ($X), with a 7.1% share of total imports. It was followed by the United States, with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +15.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+11.1% per year) and the United States (-20.7% per year).

Import Prices by Country

In 2021, the average electric hair dryer import price amounted to $X per unit, with an increase of 2% against the previous year. In general, the import price, however, showed a deep reduction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 12%. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric hair dryers in the world?

The United States remains the largest electric hair dryer consuming country worldwide, comprising approx. 26% of total volume. Moreover, electric hair dryer consumption in the United States exceeded the figures recorded by the second-largest consumer, China, twofold. Malaysia ranked third in terms of total consumption with a 6.5% share.

What are the largest producers of electric hair dryers in the world?

The country with the largest volume of electric hair dryer production was China, accounting for 50% of total volume. Moreover, electric hair dryer production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by Malaysia, with a 6.8% share.

What are the leading suppliers of electric hair dryers to Ecuador?

In value terms, China constituted the largest supplier of electric hair dryer to Ecuador, comprising 80% of total imports. The second position in the ranking was occupied by the United States, with a 5.5% share of total imports.

What are the leading importers of electric hair dryers from Ecuador?

In value terms, Colombia remains the key foreign market for electric hair dryer exports from Ecuador, comprising 97% of total exports. The second position in the ranking was occupied by Panama $454), with a 3.2% share of total exports.

What is the average export price for electric hair dryers in Ecuador?

In 2021, the average electric hair dryer export price amounted to $27 per unit, jumping by 27% against the previous year.

What is the average import price for electric hair dryers in Ecuador?

The average electric hair dryer import price stood at $6.1 per unit in 2021, growing by 2.8% against the previous year.

This report provides an in-depth analysis of the electric hair 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 27512310 - Electric hair 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.

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024