Report Update Nov 1, 2024

Ecuador - Glass Fiber Filaments - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Glass Fibre Filament Market 2024

Glass Fibre Filament Market Size in Ecuador

In 2021, the Ecuadorian glass fibre filament market increased by 46% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, showed a perceptible contraction. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Glass Fibre Filament Exports

Exports from Ecuador

In 2020, approx. X tons of glass fibre filaments were exported from Ecuador; approximately reflecting the previous year's figure. In general, exports faced a precipitous setback. The smallest decline of 99.9% was in 2016. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2020, the exports failed to regain momentum.

In value terms, glass fibre filament exports stood at $X in 2020. Over the period under review, exports showed a sharp shrinkage. The smallest decline of 99.9% was in 2016. The exports peaked at $X in 2015; however, from 2016 to 2020, the exports failed to regain momentum.

Exports by Country

Guatemala (X kg) and Panama (X kg) were the main destinations of glass fibre filament exports from Ecuador.

From 2015 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Guatemala (with a CAGR of 0.0%).

In value terms, the largest markets for glass fibre filament exported from Ecuador were Guatemala ($X) and Panama ($X).

Guatemala, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average glass fibre filament export price stood at $X per ton in 2020, approximately reflecting the previous year. Over the period under review, the export price posted a buoyant increase. The growth pace was the most rapid in 2016 a decrease of 99.9%. The export price peaked in 2020 and is expected to retain growth in years to come.

Average prices varied noticeably for the major export markets. In 2020, amid the top suppliers, the country with the highest price was Guatemala ($X per ton), while the average price for exports to Panama stood at $X per ton.

From 2015 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Glass Fibre Filament Imports

Imports into Ecuador

In 2021, supplies from abroad of glass fibre filaments increased by 67% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, showed a perceptible curtailment. The pace of growth was the most pronounced in 2017 when imports increased by 260% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, glass fibre filament imports soared to $X in 2021. Over the period under review, imports, however, saw a slight slump. The most prominent rate of growth was recorded in 2017 with an increase of 264% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest glass fibre filament supplier to Ecuador, accounting for a 82% share of total imports. Moreover, glass fibre filament imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X tons), ninefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+48.5% per year) and Colombia (-16.4% per year).

In value terms, China ($X) constituted the largest supplier of glass fibre filaments to Ecuador, comprising 82% of total imports. The second position in the ranking was taken by Brazil ($X), with a 9.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+11.5% per year) and Colombia (-19.4% per year).

Import Prices by Country

In 2021, the average glass fibre filament import price amounted to $X per ton, waning by -18.6% against the previous year. In general, import price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the average import price increased by 51% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020, and then plummeted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+9.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for glass fibre filaments in the world?

The countries with the highest volumes of glass fibre filament consumption in 2021 were China, the United States and India, together comprising 39% of global consumption. Russia, Brazil, Bangladesh, Japan, Mexico, Turkey, France, Thailand, Spain and Australia lagged somewhat behind, together comprising a further 32%.

What are the largest producers of glass fibre filaments in the world?

China remains the largest glass fibre filament producing country worldwide, accounting for 33% of total volume. Moreover, glass fibre filament production in China exceeded the figures recorded by the second-largest producer, India, fourfold. The United States ranked third in terms of total production with a 7.6% share.

What are the leading suppliers of glass fibre filaments to Ecuador?

In value terms, China constituted the largest supplier of glass fibre filament to Ecuador, comprising 60% of total imports. The second position in the ranking was occupied by the United States, with a 29% share of total imports. It was followed by Brazil, with a 6.9% share.

What are the leading importers of glass fibre filaments from Ecuador?

In value terms, Guatemala and Panama constituted the largest markets for glass fibre filament exported from Ecuador worldwide.

What is the average export price for glass fibre filaments in Ecuador?

The average glass fibre filament export price stood at $2,584 per ton in 2020, stabilizing at the previous year.

What is the average import price for glass fibre filaments in Ecuador?

In 2021, the average glass fibre filament import price amounted to $1,437 per ton, shrinking by -5.7% against the previous year.

This report provides an in-depth analysis of the glass fibre filament 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 23141130 - Glass fibre filaments (including rovings)

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