Ecuador - Glass Ampoules for Packing of Goods - Market Analysis, Forecast, Size, Trends and Insights
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Glass Ampoules Market Size in Ecuador
In 2022, after two years of growth, there was significant decline in the Ecuadorian glass ampoules market, when its value decreased by -17.2% to $X. Over the period under review, consumption, however, recorded a remarkable increase. Glass ampoules consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.
Glass Ampoules Exports
Exports from Ecuador
After three years of decline, shipments abroad of glass ampoules for packing of goods decreased by 0% to X units in 2021. Over the period under review, exports saw a abrupt slump. The pace of growth was the most pronounced in 2016 with an increase of 367% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
In value terms, glass ampoules exports amounted to $X in 2021. In general, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of 417% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Colombia (X units) was the main destination for glass ampoules exports from Ecuador, accounting for a 95% share of total exports. It was followed by Spain (X units), with a 2.3% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to Colombia totaled +93.2%.
From 2012 to 2021, the average annual rate of growth in terms of value to Colombia totaled +49.4%.
Export Prices by Country
In 2021, the average glass ampoules export price amounted to $X per thousand units, approximately reflecting the previous year. Overall, the export price enjoyed a temperate increase. The growth pace was the most rapid in 2018 an increase of 74%. As a result, the export price reached the peak level of $X per thousand units. From 2019 to 2021, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($X per thousand units), while the average price for exports to Spain amounted to $X per thousand units.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+3.1%).
Glass Ampoules Imports
Imports into Ecuador
In 2022, after two years of growth, there was significant decline in supplies from abroad of glass ampoules for packing of goods, when their volume decreased by -17.9% to X units. Over the period under review, imports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2020 with an increase of 67% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.
In value terms, glass ampoules imports dropped rapidly to $X in 2022. Overall, imports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2013 when imports increased by 66%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.
Imports by Country
In 2022, Colombia (X units) constituted the largest supplier of glass ampoules to Ecuador, with a 66% share of total imports. Moreover, glass ampoules imports from Colombia exceeded the figures recorded by the second-largest supplier, China (X units), fivefold. The third position in this ranking was held by Italy (X units), with a 6.7% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from Colombia amounted to +6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+28.2% per year) and Italy (-3.0% per year).
In value terms, Colombia ($X) constituted the largest supplier of glass ampoules for packing of goods to Ecuador, comprising 77% of total imports. The second position in the ranking was held by Italy ($X), with a 7.7% share of total imports. It was followed by Peru, with a 2.5% share.
From 2012 to 2022, the average annual growth rate of value from Colombia totaled +8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-4.3% per year) and Peru (+38.9% per year).
Import Prices by Country
In 2022, the average glass ampoules import price amounted to $X per thousand units, remaining stable against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 11% against the previous year. The import price peaked at $X per thousand units in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per thousand units), while the price for China ($X per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the glass ampoules 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 23192350 - Glass ampoules used for the conveyance or packing of goods
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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