Ecuador: Exercise Book Market 2024

Exercise Book Market Size in Ecuador

The Ecuadorian exercise book market contracted to $X in 2022, falling by -12.6% against the previous year. Overall, the total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +71.1% against 2013 indices. As a result, consumption reached the peak level of $X, and then reduced in the following year.

Exercise Book Production in Ecuador

In value terms, exercise book production declined markedly to $X in 2022 estimated in export price. Overall, production continues to indicate a pronounced contraction. The pace of growth was the most pronounced in 2018 when the production volume increased by 74%. Exercise book production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exercise Book Exports

Exports from Ecuador

In 2022, overseas shipments of exercise books increased by 37% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2018 when exports increased by 75% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, exercise book exports soared to $X in 2022. In general, exports, however, showed a abrupt decrease. The growth pace was the most rapid in 2018 when exports increased by 91%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Colombia (X tons), Uruguay (X tons) and Panama (X tons) were the main destinations of exercise book exports from Ecuador, together accounting for 76% of total exports.

From 2012 to 2022, the biggest increases were recorded for Panama (with a CAGR of +187.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X) remains the key foreign market for exercise books exports from Ecuador, comprising 45% of total exports. The second position in the ranking was held by Panama ($X), with a 17% share of total exports. It was followed by Uruguay, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Colombia stood at -13.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (+183.0% per year) and Uruguay (-2.3% per year).

Export Prices by Country

In 2022, the average exercise book export price amounted to $X per ton, with an increase of 9% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 15% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average 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 Panama ($X per ton), while the average price for exports to Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Exercise Book Imports

Imports into Ecuador

In 2022, purchases abroad of exercise books decreased by -1.3% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of +8.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +11.5% against 2019 indices. The growth pace was the most rapid in 2013 when imports increased by 72% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, exercise book imports dropped modestly to $X in 2022. In general, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +108.5% against 2012 indices. The most prominent rate of growth was recorded in 2013 with an increase of 67%. Imports peaked at $X in 2021, and then dropped modestly in the following year.

Imports by Country

In 2022, Colombia (X tons) was the main exercise book supplier to Ecuador, accounting for a 99% share of total imports. It was followed by China (X tons), with a 1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Colombia amounted to +12.6%.

In value terms, Colombia ($X) constituted the largest supplier of exercise books to Ecuador, comprising 96% of total imports. The second position in the ranking was taken by China ($X), with a 3.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Colombia amounted to +11.1%.

Import Prices by Country

The average exercise book import price stood at $X per ton in 2022, remaining stable against the previous year. In general, the import price saw a mild downturn. The pace of growth was the most pronounced in 2019 when the average import price increased by 26%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, 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 China ($X per ton), while the price for Colombia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :