Report Update Nov 1, 2024

Ecuador - Floor Coverings and Mats of Vulcanised Rubber - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Vulcanised Rubber Mats Market 2024

Vulcanised Rubber Mats Market Size in Ecuador

For the third consecutive year, the Ecuadorian vulcanised rubber mats market recorded growth in sales value, which increased by 38% to $X in 2021. Over the period under review, consumption saw a buoyant increase. Vulcanised rubber mats consumption peaked in 2021 and is expected to retain growth in the near future.

Vulcanised Rubber Mats Exports

Exports from Ecuador

Vulcanised rubber mats exports from Ecuador skyrocketed to X kg in 2021, jumping by 191% compared with 2020 figures. Over the period under review, exports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 333% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, vulcanised rubber mats exports surged to $X in 2021. In general, exports continue to indicate a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia (X kg), Peru (X kg) and the United States (X kg) were the main destinations of vulcanised rubber mats exports from Ecuador, with a combined 94% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Peru (with a CAGR of +49.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Chile ($X) and Peru ($X) constituted the largest markets for vulcanised rubber mats exported from Ecuador worldwide, with a combined 78% share of total exports.

Among the main countries of destination, Chile, with a CAGR of +80.8%, recorded the highest growth rate of 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 vulcanised rubber mats export price amounted to $X per ton, with a decrease of -31.2% against the previous year. In general, the export price, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 465%. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+36.3%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Mats Imports

Imports into Ecuador

In 2021, the amount of floor coverings and mats of vulcanised rubber imported into Ecuador rose sharply to X tons, increasing by 12% compared with the previous year. Over the period under review, imports showed a tangible increase. The pace of growth appeared the most rapid in 2016 with an increase of 245% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, vulcanised rubber mats imports skyrocketed to $X in 2021. In general, imports posted a buoyant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 268%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of vulcanised rubber mats to Ecuador, accounting for a 84% share of total imports. Moreover, vulcanised rubber mats imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China totaled +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+14.9% per year) and the United States (-15.6% per year).

In value terms, China ($X) constituted the largest supplier of floor coverings and mats of vulcanised rubber to Ecuador, comprising 71% of total imports. The second position in the ranking was taken by the United States ($X), with an 8.8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +9.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-5.3% per year) and Malaysia (+15.4% per year).

Import Prices by Country

In 2021, the average vulcanised rubber mats import price amounted to $X per ton, rising by 33% against the previous year. Over the last nine years, it increased at an average annual rate of +2.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+12.3%), 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 floor coverings and mats of vulcanised rubber in the world?

The country with the largest volume of vulcanised rubber mats consumption was China, accounting for 22% of total volume. Moreover, vulcanised rubber mats consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. Germany ranked third in terms of total consumption with a 10% share.

What are the largest producers of floor coverings and mats of vulcanised rubber in the world?

China constituted the country with the largest volume of vulcanised rubber mats production, accounting for 30% of total volume. Moreover, vulcanised rubber mats production in China exceeded the figures recorded by the second-largest producer, India, twofold. Germany ranked third in terms of total production with a 12% share.

What are the leading suppliers of floor coverings and mats of vulcanised rubber to Ecuador?

In value terms, China constituted the largest supplier of vulcanised rubber mats to Ecuador, comprising 72% of total imports. The second position in the ranking was occupied by the United States, with a 9% share of total imports. It was followed by Brazil, with a 3.1% share.

What are the leading importers of floor coverings and mats of vulcanised rubber from Ecuador?

In value terms, Costa Rica, Colombia and Australia $160) were the largest markets for vulcanised rubber mats exported from Ecuador worldwide, with a combined 92% share of total exports.

What is the average export price for floor coverings and mats of vulcanised rubber in Ecuador?

In 2021, the average vulcanised rubber mats export price amounted to $3,473 per ton, jumping by 189% against the previous year.

What is the average import price for floor coverings and mats of vulcanised rubber in Ecuador?

The average vulcanised rubber mats import price stood at $2,077 per ton in 2021, which is down by -6.3% against the previous year.

This report provides an in-depth analysis of the vulcanised rubber mats 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 22197200 - Floor coverings and mats of vulcanised rubber, non-cellular

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