Report Update Nov 1, 2024

Ecuador - Erasers of Vulcanised Rubber - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Vulcanised Rubber Erases Market 2024

Vulcanised Rubber Erases Market Size in Ecuador

In 2021, the Ecuadorian vulcanised rubber erases market decreased by -48% to $X, falling for the third year in a row after two years of growth. Over the period under review, consumption showed a deep slump. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Vulcanised Rubber Erases Exports

Exports from Ecuador

After three years of decline, overseas shipments of erasers of vulcanised rubber decreased by 0% to X kg in 2021. Over the period under review, exports showed a abrupt descent. The pace of growth was the most pronounced in 2017 with an increase of 17,300%. As a result, the exports reached the peak of X kg. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, vulcanised rubber erases exports stood at $X in 2021. Overall, exports faced a significant decline. The most prominent rate of growth was recorded in 2017 with an increase of 8,850% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Panama (X kg) was the main destination for vulcanised rubber erases exports from Ecuador, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Panama was relatively modest.

From 2012 to 2021, the average annual rate of growth in terms of value to Panama was relatively modest.

Export Prices by Country

The average vulcanised rubber erases export price stood at $X per ton in 2021, standing approx. at the previous year. Over the period under review, the export price recorded a drastic downturn. The pace of growth appeared the most rapid in 2018 an increase of 94%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Sudan amounted to 0.0% per year.

Vulcanised Rubber Erases Imports

Imports into Ecuador

In 2021, supplies from abroad of erasers of vulcanised rubber decreased by -60.2% to X tons, falling for the third year in a row after two years of growth. In general, imports saw a deep setback. The growth pace was the most rapid in 2017 when imports increased by 43%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, vulcanised rubber erases imports shrank sharply to $X in 2021. Overall, imports showed a abrupt setback. The pace of growth was the most pronounced in 2018 with an increase of 41% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of vulcanised rubber erases to Ecuador, with a 52% share of total imports. Moreover, vulcanised rubber erases imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X tons), twofold. The third position in this ranking was held by Spain (X tons), with a 4.1% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at -18.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-3.4% per year) and Spain (+11.8% per year).

In value terms, China ($X) constituted the largest supplier of erasers of vulcanised rubber to Ecuador, comprising 37% of total imports. The second position in the ranking was taken by Mexico ($X), with a 16% share of total imports. It was followed by Spain, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to -16.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-10.3% per year) and Spain (+12.6% per year).

Import Prices by Country

The average vulcanised rubber erases import price stood at $X per ton in 2021, increasing by 47% against the previous year. In general, import price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+5.9%), 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 erasers of vulcanised rubber in the world?

The country with the largest volume of vulcanised rubber erases consumption was China, accounting for 56% of total volume. Moreover, vulcanised rubber erases consumption in China exceeded the figures recorded by the second-largest consumer, the United States, more than tenfold. Russia ranked third in terms of total consumption with a 3.5% share.

What are the largest producers of erasers of vulcanised rubber in the world?

China remains the largest vulcanised rubber erases producing country worldwide, accounting for 95% of total volume. It was followed by Taiwan Chinese), with a 2.4% share of total production.

What are the leading suppliers of erasers of vulcanised rubber to Ecuador?

In value terms, China constituted the largest supplier of vulcanised rubber erases to Ecuador, comprising 42% of total imports. The second position in the ranking was occupied by Mexico, with an 18% share of total imports. It was followed by Spain, with a 14% share.

What is the average export price for erasers of vulcanised rubber in Ecuador?

In 2021, the average vulcanised rubber erases export price amounted to $3,866 per ton, remaining stable against the previous year.

What is the average import price for erasers of vulcanised rubber in Ecuador?

In 2021, the average vulcanised rubber erases import price amounted to $3,493 per ton, rising by 46% against the previous year.

This report provides an in-depth analysis of the vulcanised rubber erases 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 22197321 - Erasers, of vulcanised rubber

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