Ecuador: Plastic Extruder Market 2025

Plastic Extruder Market Size in Ecuador

In 2021, the Ecuadorian plastic extruder market increased by 181% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, saw a abrupt decline. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Plastic Extruder Exports

Exports from Ecuador

In 2021, approx. X units of extruders for working rubber or plastics were exported from Ecuador; surging by 60% on the previous year. Over the period under review, exports recorded a buoyant increase. The pace of growth was the most pronounced in 2016 when exports increased by 70% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, plastic extruder exports soared to $X in 2021. Overall, total exports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +106.4% against 2018 indices. The most prominent rate of growth was recorded in 2019 with an increase of 37% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

Exports by Country

Colombia (X units) was the main destination for plastic extruder exports from Ecuador, accounting for a 60% share of total exports. Moreover, plastic extruder exports to Colombia exceeded the volume sent to the second major destination, Mexico (X units), twofold. The third position in this ranking was held by Uruguay (X units), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Colombia stood at +16.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+21.9% per year) and Uruguay (0.0% per year).

In value terms, Colombia ($X), Mexico ($X) and Uruguay ($X) appeared to be the largest markets for plastic extruder exported from Ecuador worldwide, together comprising 98% of total exports.

In terms of the main countries of destination, Colombia, with a CAGR of +12.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average plastic extruder export price amounted to $X per unit, with a decrease of -24.7% against the previous year. In general, the export price faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when the average export price increased by 23% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Mexico ($X per unit), while the average price for exports to Uruguay ($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 (-3.0%), while the prices for the other major destinations experienced a decline.

Plastic Extruder Imports

Imports into Ecuador

In 2021, supplies from abroad of extruders for working rubber or plastics increased by 106% to X units, rising for the second consecutive year after two years of decline. Overall, imports, however, recorded a abrupt decrease. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, plastic extruder imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt setback. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest plastic extruder supplier to Ecuador, with a 62% share of total imports. Moreover, plastic extruder imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. Brazil (X units) ranked third in terms of total imports with a 3.6% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled -9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+1.0% per year) and Brazil (-10.4% per year).

In value terms, Italy ($X), China ($X) and Brazil ($X) were the largest plastic extruder suppliers to Ecuador, together accounting for 51% of total imports.

In terms of the main suppliers, Brazil, with a CAGR of +7.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plastic extruder import price stood at $X per unit in 2021, rising by 4.5% against the previous year. In general, the import price continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 284% against the previous year. As a result, import price reached the peak level of $X per unit. From 2020 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+47.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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