Report Update Nov 1, 2024

Ecuador - Fluorescent Discharge Lamps - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Fluorescent Discharge Lamps Market 2024

Fluorescent Discharge Lamps Market Size in Ecuador

The Ecuadorian fluorescent discharge lamps market fell significantly to $X in 2021, with a decrease of -36.6% 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). Over the period under review, consumption faced a precipitous curtailment. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Fluorescent Discharge Lamps Exports

Exports from Ecuador

For the fourth consecutive year, Ecuador recorded decline in shipments abroad of fluorescent discharge lamps, which decreased by -61.9% to X units in 2021. In general, exports continue to indicate a dramatic decline. The growth pace was the most rapid in 2017 with an increase of 41% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, fluorescent discharge lamps exports soared to $X in 2021. Over the period under review, exports recorded a precipitous curtailment. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for fluorescent discharge lamps exports from Ecuador, with a 86% share of total exports. Moreover, fluorescent discharge lamps exports to the United States exceeded the volume sent to the second major destination, Peru (X units), ninefold.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at -4.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-47.5% per year) and Colombia (-53.6% per year).

In value terms, the United States ($X) emerged as the key foreign market for fluorescent discharge lamps exports from Ecuador, comprising 97% of total exports. The second position in the ranking was taken by Colombia ($X), with a 1.8% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States stood at -2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (-50.2% per year) and Peru (-51.3% per year).

Export Prices by Country

The average fluorescent discharge lamps export price stood at $X per unit in 2021, rising by 332% against the previous year. Overall, the export price showed a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Peru ($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 Chile (+8,857.1%), while the prices for the other major destinations experienced more modest paces of growth.

Fluorescent Discharge Lamps Imports

Imports into Ecuador

In 2021, the amount of fluorescent discharge lamps imported into Ecuador shrank rapidly to X units, waning by -48.2% against 2020. In general, imports faced a sharp decrease. The pace of growth appeared the most rapid in 2013 when imports increased by 28% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, fluorescent discharge lamps imports contracted markedly to $X in 2021. Over the period under review, imports faced a dramatic setback. The most prominent rate of growth was recorded in 2013 with an increase of 10% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main fluorescent discharge lamps supplier to Ecuador, accounting for a 96% share of total imports. It was followed by the United States (X units), with a 1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -27.2%.

In value terms, China ($X) constituted the largest supplier of fluorescent discharge lamps to Ecuador, comprising 63% of total imports. The second position in the ranking was held by the United States ($X), with a 27% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at -26.8%.

Import Prices by Country

In 2021, the average fluorescent discharge lamps import price amounted to $X per unit, increasing by 28% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, fluorescent discharge lamps import price increased by +67.4% against 2017 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 34% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+53.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fluorescent discharge lamps in the world?

China remains the largest fluorescent discharge lamps consuming country worldwide, accounting for 35% of total volume. Moreover, fluorescent discharge lamps consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with a 5.6% share.

What are the largest producers of fluorescent discharge lamps in the world?

The country with the largest volume of fluorescent discharge lamps production was China, accounting for 66% of total volume. Moreover, fluorescent discharge lamps production in China exceeded the figures recorded by the second-largest producer, India, eightfold. Poland ranked third in terms of total production with a 4.2% share.

What are the leading suppliers of fluorescent discharge lamps to Ecuador?

In value terms, China constituted the largest supplier of fluorescent discharge lamps to Ecuador, comprising 80% of total imports. The second position in the ranking was occupied by the United States, with a 13% share of total imports.

What are the leading importers of fluorescent discharge lamps from Ecuador?

In value terms, Brazil emerged as the key foreign market for fluorescent discharge lamps exports from Ecuador, comprising 87% of total exports. The second position in the ranking was occupied by Panama $498), with an 11% share of total exports.

What is the average export price for fluorescent discharge lamps in Ecuador?

In 2020, the average fluorescent discharge lamps export price amounted to $1.2 per unit, waning by -42.9% against the previous year.

What is the average import price for fluorescent discharge lamps in Ecuador?

The average fluorescent discharge lamps import price stood at $0.8 per unit in 2020, with a decrease of -18.2% against the previous year.

This report provides an in-depth analysis of the fluorescent discharge lamps 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 27401510 - Fluorescent hot cathode discharge lamps, with double ended cap (excluding ultraviolet lamps)
Prodcom 27401530 - Fluorescent hot cathode discharge lamps (excluding ultraviolet lamps, with double ended cap)
Prodcom 27401550 - Other discharge lamps (excluding ultraviolet lamps)

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