Report Update Nov 1, 2024

Ecuador - Esters of Methacrylic Acid - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Methacrylic Acid Esters Market 2024

Methacrylic Acid Esters Market Size in Ecuador

The Ecuadorian methacrylic acid esters market fell to $X in 2022, shrinking by -8.6% 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). In general, consumption recorded a relatively flat trend pattern. Methacrylic acid esters consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Methacrylic Acid Esters Exports

Exports from Ecuador

In 2017, exports of esters of methacrylic acid from Ecuador was estimated at X tons, flattening at the previous year's figure. In general, exports showed significant growth. The smallest decline of 99.9% was in 2016. Over the period under review, the exports hit record highs in 2017 and are expected to retain growth in years to come.

In value terms, methacrylic acid esters exports totaled $X in 2017. Over the period under review, exports recorded a significant expansion. The smallest decline of 99.9% was in 2016. The exports peaked in 2017 and are likely to see steady growth in the near future.

Exports by Country

Colombia (X tons) was the main destination for methacrylic acid esters exports from Ecuador, with a approx. 100% share of total exports.

From 2015 to 2017, the average annual rate of growth in terms of volume to Colombia was relatively modest.

From 2015 to 2017, the average annual growth rate of value to Colombia was relatively modest.

Export Prices by Country

The average methacrylic acid esters export price stood at $X per ton in 2017, approximately mirroring the previous year. In general, the export price faced a significant decrease. The pace of growth was the most pronounced in 2016 when the average export price decreased by 99.9%. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2017, the export prices failed to regain momentum.

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

From 2015 to 2017, the rate of growth in terms of prices for Colombia amounted to 0.0% per year.

Methacrylic Acid Esters Imports

Imports into Ecuador

In 2022, approx. X tons of esters of methacrylic acid were imported into Ecuador; waning by -4.7% on the previous year's figure. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 13%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, methacrylic acid esters imports dropped to $X in 2022. In general, imports recorded a slight decline. The growth pace was the most rapid in 2017 with an increase of 55%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest methacrylic acid esters supplier to Ecuador, with a 58% share of total imports. Moreover, methacrylic acid esters imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X tons), threefold. The third position in this ranking was held by the Netherlands (X tons), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +39.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-6.4% per year) and the Netherlands (+72.9% per year).

In value terms, China ($X) constituted the largest supplier of esters of methacrylic acid to Ecuador, comprising 45% of total imports. The second position in the ranking was held by Brazil ($X), with a 19% share of total imports. It was followed by the Netherlands, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +29.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-7.3% per year) and the Netherlands (+102.9% per year).

Import Prices by Country

The average methacrylic acid esters import price stood at $X per ton in 2022, falling by -5.9% against the previous year. Over the period under review, the import price saw a mild setback. The growth pace was the most rapid in 2017 an increase of 52% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, 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 Belgium ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+17.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for esters of methacrylic acid in the world?

The countries with the highest volumes of methacrylic acid esters consumption in 2020 were China, Singapore and the United States, together comprising 30% of global consumption.

What are the largest producers of esters of methacrylic acid in the world?

The countries with the highest volumes of methacrylic acid esters production in 2020 were Singapore, the UK and the United States, together comprising 46% of global production. These countries were followed by Japan, Saudi Arabia, Thailand and Germany, which together accounted for a further 45%.

What are the leading suppliers of esters of methacrylic acid to Ecuador?

In value terms, the largest methacrylic acid esters suppliers to Ecuador were China, the United States and the Netherlands, with a combined 68% share of total imports.

What is the average export price for esters of methacrylic acid in Ecuador?

In 2017, the average methacrylic acid esters export price amounted to $2,090 per ton, remaining stable against the previous year.

What is the average import price for esters of methacrylic acid in Ecuador?

In 2020, the average methacrylic acid esters import price amounted to $2,050 per ton, waning by -19.4% against the previous year.

This report provides an in-depth analysis of the methacrylic acid esters 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 20143340 - Esters of methacrylic acid

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