Ecuador: Embroidery Market 2025

Embroidery Market Size in Ecuador

The Ecuadorian embroidery market was finally on the rise to reach $X in 2022, after four years of decline. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Embroidery Production in Ecuador

In value terms, embroidery production amounted to $X in 2022 estimated in export price. Over the period under review, production saw a noticeable setback. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Embroidery production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Embroidery Exports

Exports from Ecuador

In 2022, the amount of embroidery (without visible ground) in the piece exported from Ecuador reduced dramatically to X kg, waning by X% on the previous year. Over the period under review, exports faced a sharp decrease. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The exports peaked at X kg in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, embroidery exports reached $X in 2022. Overall, exports saw a dramatic decrease. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X kg) was the main destination for embroidery exports from Ecuador, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%.

In value terms, the United States ($X) also remains the key foreign market for embroidery (without visible ground) in the piece exports from Ecuador.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%.

Export Prices by Country

In 2022, the average embroidery export price amounted to $X per ton, increasing by X% against the previous year. Overall, the export price, however, recorded a perceptible contraction. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Embroidery Imports

Imports into Ecuador

In 2022, overseas purchases of embroidery (without visible ground) in the piece increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, embroidery imports skyrocketed to $X in 2022. Overall, imports saw resilient growth. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Taiwan (Chinese) (X tons), Thailand (X tons) and France (X kg) were the main suppliers of embroidery imports to Ecuador, together comprising X% of total imports.

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

In value terms, the largest embroidery suppliers to Ecuador were Thailand ($X), Taiwan (Chinese) ($X) and South Korea ($X), with a combined X% share of total imports. Colombia, Panama, China and France lagged somewhat behind, together comprising a further X%.

Panama, with a CAGR of X%, recorded the highest growth rate of 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 2022, the average embroidery import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 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 South Korea ($X per ton), while the price for France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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