Report Update Nov 1, 2024

Ecuador - High-Tenacity Filament Yarn of Aramids - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Market for High-Tenacity Filament Yarn Of Aramids 2024

Market Size for High-Tenacity Filament Yarn Of Aramids in Ecuador

After three years of growth, the Ecuadorian high-tenacity filament aramids yarn market decreased by -19.4% to $X in 2022. In general, consumption, however, posted a significant increase. High-tenacity filament aramids yarn consumption peaked at $X in 2021, and then fell markedly in the following year.

Exports of High-Tenacity Filament Yarn Of Aramids

Exports from Ecuador

In 2019, approx. X kg of high-tenacity filament yarn of aramids were exported from Ecuador; waning by -25% on the previous year's figure. Over the period under review, exports saw a significant curtailment. The exports peaked at X kg in 2018, and then fell notably in the following year.

In value terms, high-tenacity filament aramids yarn exports contracted rapidly to $X in 2019. Overall, exports recorded a dramatic decline. Over the period under review, the exports reached the peak figure at $X in 2018, and then contracted markedly in the following year.

Exports by Country

French Polynesia (X kg) was the main destination for high-tenacity filament aramids yarn exports from Ecuador, with a approx. 100% share of total exports.

From 2018 to 2019, the average annual rate of growth in terms of volume to French Polynesia was relatively modest.

In value terms, French Polynesia ($X) emerged as the key foreign market for high-tenacity filament yarn of aramids exports from Ecuador.

From 2018 to 2019, the average annual growth rate of value to French Polynesia was relatively modest.

Export Prices by Country

The average high-tenacity filament aramids yarn export price stood at $X per ton in 2019, waning by -8.8% against the previous year. In general, the export price saw a abrupt descent. The export price peaked at $X per ton in 2018, and then declined in the following year.

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

From 2018 to 2019, the rate of growth in terms of prices for French Polynesia amounted to 0.0% per year.

Imports of High-Tenacity Filament Yarn Of Aramids

Imports into Ecuador

In 2022, after three years of growth, there was significant decline in supplies from abroad of high-tenacity filament yarn of aramids, when their volume decreased by -21.5% to X tons. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2017 when imports increased by 742% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then reduced markedly in the following year.

In value terms, high-tenacity filament aramids yarn imports dropped to $X in 2022. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 726%. Over the period under review, imports attained the maximum at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of high-tenacity filament aramids yarn to Ecuador, with a 84% share of total imports. It was followed by South Korea (X tons), with a 2.2% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to +75.1%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+6.7% per year) and China (+27.0% per year).

In value terms, the United States ($X) constituted the largest supplier of high-tenacity filament yarn of aramids to Ecuador, comprising 79% of total imports. The second position in the ranking was held by South Korea ($X), with a 2.4% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States stood at +61.3%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+14.5% per year) and China (+28.8% per year).

Import Prices by Country

The average high-tenacity filament aramids yarn import price stood at $X per ton in 2022, rising by 9.2% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, high-tenacity filament aramids yarn import price decreased by -15.2% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 30% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.2%), 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 high-tenacity filament yarn of aramids in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 51% share of global consumption.

What are the largest producers of high-tenacity filament yarn of aramids in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 51% share of global production.

What are the leading suppliers of high-tenacity filament yarn of aramids to Ecuador?

In value terms, the United States constituted the largest supplier of high-tenacity filament aramids yarn to Ecuador, comprising 82% of total imports. The second position in the ranking was occupied by the Netherlands, with a 17% share of total imports.

What is the average export price for high-tenacity filament yarn of aramids in Ecuador?

The average high-tenacity filament aramids yarn export price stood at $23,750 per ton in 2018, stabilizing at the previous year.

What is the average import price for high-tenacity filament yarn of aramids in Ecuador?

The average high-tenacity filament aramids yarn import price stood at $19,073 per ton in 2021, with a decrease of -3.8% against the previous year.

This report provides an in-depth analysis of the market for high-tenacity filament aramids yarn 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 20601220 - High-tenacity filament yarn of aramids (excluding sewing thread and yarn put up for retail sale)

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