Ecuador: Vulcanised Rubber Mats Market 2025

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

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