Ecuador - Industrial Machinery for the Preparation of Fruits, Nuts or Vegetables - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEcuador: Fruit-Preparation Industrial Machinery Market 2024
Fruit-Preparation Industrial Machinery Market Size in Ecuador
After two years of decline, the Ecuadorian fruit-preparation industrial machinery market increased by 86% to $X in 2021. Over the period under review, consumption recorded a strong expansion. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.
Fruit-Preparation Industrial Machinery Exports
Exports from Ecuador
In 2021, shipments abroad of industrial machinery for the preparation of fruits, nuts or vegetables decreased by 0% to X units, falling for the second consecutive year after four years of decline. Over the period under review, exports continue to indicate a sharp contraction. The pace of growth appeared the most rapid in 2014 with an increase of 76% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.
In value terms, fruit-preparation industrial machinery exports contracted remarkably to $X in 2021. Overall, exports continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2014 with an increase of 82% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Peru (X units) was the main destination for fruit-preparation industrial machinery exports from Ecuador, accounting for a approx. 100% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to Peru amounted to -28.3%.
In value terms, Peru ($X) also remains the key foreign market for industrial machinery for the preparation of fruits, nuts or vegetables exports from Ecuador.
From 2012 to 2021, the average annual growth rate of value to Peru stood at +1.3%.
Export Prices by Country
In 2021, the average fruit-preparation industrial machinery export price amounted to $X per unit, falling by -55.1% against the previous year. Overall, the export price recorded a abrupt contraction. The pace of growth was the most pronounced in 2017 an increase of 24%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Peru.
From 2012 to 2021, the rate of growth in terms of prices for Peru amounted to +41.3% per year.
Fruit-Preparation Industrial Machinery Imports
Imports into Ecuador
In 2021, overseas purchases of industrial machinery for the preparation of fruits, nuts or vegetables were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of 340%. Imports peaked at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.
In value terms, fruit-preparation industrial machinery imports soared to $X in 2021. Overall, imports posted a strong expansion. The pace of growth was the most pronounced in 2018 with an increase of 263%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.
Imports by Country
In 2021, China (X units) was the main fruit-preparation industrial machinery supplier to Ecuador, with a 95% share of total imports. It was followed by Brazil (X units), with a 2.6% share of total imports. The third position in this ranking was taken by Taiwan (Chinese) (X units), with a 0.9% share.
From 2012 to 2021, the average annual growth rate of volume from China amounted to +52.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-20.0% per year) and Taiwan (Chinese) (-21.8% per year).
In value terms, the largest fruit-preparation industrial machinery suppliers to Ecuador were the United States ($X), China ($X) and France ($X), with a combined 39% share of total imports.
France, with a CAGR of +33.3%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers 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 fruit-preparation industrial machinery import price amounted to $X per unit, declining by -8.9% against the previous year. In general, the import price showed a perceptible decrease. The growth pace was the most rapid in 2019 when the average import price increased by 75% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+67.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the fruit-preparation industrial machinery 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 28931760 - Industrial machinery for the preparation of fruits, nuts or vegetables (excluding for use in milling or for working dried leguminous vegetables)
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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