Report Update Nov 1, 2024

Ecuador - Ink-Pads - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Ink-Pad Market 2024

Ink-Pad Market Size in Ecuador

The Ecuadorian ink-pad market contracted remarkably to $X in 2022, dropping by -27.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a pronounced descent. Ink-pad consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Ink-Pad Exports

Exports from Ecuador

In 2021, the amount of ink-pads exported from Ecuador reduced notably to X units, falling by -28.4% against the previous year's figure. In general, exports, however, posted a significant expansion. The smallest decline of -26.5% was in 2016. Over the period under review, the exports hit record highs at X units in 2020, and then fell markedly in the following year.

In value terms, ink-pad exports contracted notably to $X in 2021. Over the period under review, exports, however, posted a strong increase. The exports peaked at $X in 2020, and then dropped notably in the following year.

Exports by Country

Costa Rica (X units) was the main destination for ink-pad exports from Ecuador, accounting for a approx. 99% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Costa Rica was relatively modest.

In value terms, Costa Rica ($X) emerged as the key foreign market for ink-pads exports from Ecuador.

From 2012 to 2021, the average annual growth rate of value to Costa Rica was relatively modest.

Export Prices by Country

The average ink-pad export price stood at $X per unit in 2021, rising by 1.8% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable curtailment. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 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 Costa Rica.

From 2012 to 2021, the rate of growth in terms of prices for Sudan amounted to 0.0% per year.

Ink-Pad Imports

Imports into Ecuador

In 2022, approx. X units of ink-pads were imported into Ecuador; with a decrease of -31.4% against 2021. In general, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 95%. Imports peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, ink-pad imports dropped notably to $X in 2022. Overall, imports showed a noticeable decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 112%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), India (X units) and Mexico (X units) were the main suppliers of ink-pad imports to Ecuador, with a combined 82% share of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +12.8%), while purchases for the other leaders experienced a decline.

In value terms, the largest ink-pad suppliers to Ecuador were China ($X), Taiwan (Chinese) ($X) and the United States ($X), with a combined 66% share of total imports.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of +2.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average ink-pad import price stood at $X per unit in 2022, growing by 7.2% against the previous year. In general, the import price showed perceptible growth. The growth pace was the most rapid in 2020 when the average import price increased by 61% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 India (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+15.6%), 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 ink-pads in the world?

The country with the largest volume of ink-pad consumption was South Africa, accounting for 86% of total volume. It was followed by the United States, with a 1.9% share of total consumption.

What are the largest producers of ink-pads in the world?

South Africa constituted the country with the largest volume of ink-pad production, accounting for 98% of total volume.

What are the leading suppliers of ink-pads to Ecuador?

In value terms, the largest ink-pad suppliers to Ecuador were China, Taiwan Chinese) and the United States, with a combined 76% share of total imports.

What is the average export price for ink-pads in Ecuador?

The average ink-pad export price stood at $0.8 per unit in 2021, rising by 13% against the previous year.

What is the average import price for ink-pads in Ecuador?

The average ink-pad import price stood at $0.6 per unit in 2021, shrinking by -17.9% against the previous year.

This report provides an in-depth analysis of the ink-pad 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 32991650 - Ink-pads (excluding hand operated ink-rollers)

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