Report Update Jan 1, 2025

Ecuador - Glues Based on Starches, Dextrins or Other Modified Starches - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Starch Glue Market 2025

Starch Glue Market Size in Ecuador

The Ecuadorian starch glue market shrank slightly to $X in 2021, dropping by -2.9% against the previous year. The market value increased at an average annual rate of +2.7% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Starch Glue Production in Ecuador

In value terms, starch glue production fell to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.8% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of 30% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a somewhat lower figure.

Starch Glue Exports

Exports from Ecuador

After two years of growth, shipments abroad of glues based on starches, dextrins or other modified starches decreased by -57% to X tons in 2021. In general, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2019 with an increase of 100%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, starch glue exports shrank rapidly to $X in 2021. Over the period under review, exports saw a abrupt slump. The growth pace was the most rapid in 2019 with an increase of 100%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Colombia (X tons) was the main destination for starch glue exports from Ecuador, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Colombia amounted to -7.2%.

In value terms, Colombia ($X) also remains the key foreign market for glues based on starches, dextrins or other modified starches exports from Ecuador.

From 2012 to 2021, the average annual growth rate of value to Colombia stood at -3.0%.

Export Prices by Country

In 2021, the average starch glue export price amounted to $X per ton, remaining constant against the previous year. Over the last nine years, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2016 an increase of 28% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Colombia.

From 2012 to 2021, the rate of growth in terms of prices for Colombia amounted to +4.6% per year.

Starch Glue Imports

Imports into Ecuador

In 2021, after two years of decline, there was significant growth in purchases abroad of glues based on starches, dextrins or other modified starches, when their volume increased by 151% to X tons. In general, imports showed a temperate expansion. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, starch glue imports soared to $X in 2021. Overall, imports saw a slight increase. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Malaysia (X tons) and the United States (X tons) were the main suppliers of starch glue imports to Ecuador, with a combined 63% share of total imports. Spain, Germany and Peru lagged somewhat behind, together comprising a further 30%.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +17.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest starch glue suppliers to Ecuador were Malaysia ($X), the United States ($X) and Germany ($X), with a combined 71% share of total imports.

In terms of the main suppliers, Malaysia, with a CAGR of +24.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average starch glue import price amounted to $X per ton, with an increase of 72% against the previous year. In general, the import price, however, continues to indicate a slight setback. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+13.5%), 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 glues based on starches, dextrins or other modified starches in the world?

The countries with the highest volumes of starch glue consumption in 2020 were China, the U.S. and India, together comprising 39% of global consumption. Italy, Turkey, Japan, Russia, Brazil, Germany, Thailand, South Korea and Iran lagged somewhat behind, together accounting for a further 35%.

What are the largest producers of glues based on starches, dextrins or other modified starches in the world?

China remains the largest starch glue producing country worldwide, accounting for 22% of total volume. Moreover, starch glue production in China exceeded the figures recorded by the second-largest producer, the U.S., twofold. The third position in this ranking was occupied by Germany, with a 9% share.

What are the leading suppliers of glues based on starches, dextrins or other modified starches to Ecuador?

In value terms, China constituted the largest supplier of starch glue to Ecuador, comprising 72% of total imports. The second position in the ranking was occupied by Peru, with a 20% share of total imports.

What are the leading importers of glues based on starches, dextrins or other modified starches from Ecuador?

In value terms, Colombia remains the key foreign market for starch glue exports from Ecuador.

What is the average export price for glues based on starches, dextrins or other modified starches in Ecuador?

In 2020, the average starch glue export price amounted to $1,894 per ton, approximately equating the previous year.

What is the average import price for glues based on starches, dextrins or other modified starches in Ecuador?

The average starch glue import price stood at $2,132 per ton in 2020, declining by -14.7% against the previous year.

This report provides an in-depth analysis of the starch glue 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 20521060 - Glues based on starches, dextrins or other modified starches

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024