Report Update Nov 1, 2024

Ecuador - Insulating Board - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Ecuador: Insulating Board Market 2024

Insulating Board Market Size in Ecuador

In 2022, the Ecuadorian insulating board market decreased by -60.6% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption faced a dramatic downturn. Insulating board consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Insulating Board Exports

Exports from Ecuador

In 2022, the amount of insulating board exported from Ecuador soared to X cubic meters, increasing by 1,380% against 2021 figures. Over the period under review, exports, however, recorded a abrupt contraction. Over the period under review, the exports hit record highs at X cubic meters in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, insulating board exports skyrocketed to $X in 2022. Overall, exports, however, showed a mild shrinkage. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Panama (X cubic meters) was the main destination for insulating board exports from Ecuador, accounting for a 77% share of total exports. Moreover, insulating board exports to Panama exceeded the volume sent to the second major destination, the United States (X cubic meters), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Panama amounted to +157.9%.

In value terms, Panama ($X) emerged as the key foreign market for insulating board exports from Ecuador, comprising 79% of total exports. The second position in the ranking was taken by the United States ($X), with a 9.4% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Panama amounted to +274.6%.

Export Prices by Country

In 2022, the average insulating board export price amounted to $X per cubic meter, surging by 28% against the previous year. Overall, the export price showed a strong expansion. The most prominent rate of growth was recorded in 2017 an increase of 81%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($X per cubic meter), while the average price for exports to the United States stood at $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+70.0%), while the prices for the other major destinations experienced more modest paces of growth.

Insulating Board Imports

Imports into Ecuador

In 2022, after two years of growth, there was significant decline in supplies from abroad of insulating board, when their volume decreased by -47.6% to X cubic meters. Over the period under review, imports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 195%. Over the period under review, imports attained the maximum at X cubic meters in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, insulating board imports fell notably to $X in 2022. In general, imports faced a dramatic decline. The pace of growth appeared the most rapid in 2021 when imports increased by 227% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Chile (X cubic meters), Germany (X cubic meters) and New Zealand (X cubic meters) were the main suppliers of insulating board imports to Ecuador, with a combined 79% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of -7.2%), while imports for the other leaders experienced a decline.

In value terms, Chile ($X) constituted the largest supplier of insulating board to Ecuador, comprising 45% of total imports. The second position in the ranking was held by Germany ($X), with a 19% share of total imports. It was followed by New Zealand, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from Chile totaled -31.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-6.3% per year) and New Zealand (-25.2% per year).

Import Prices by Country

In 2022, the average insulating board import price amounted to $X per cubic meter, jumping by 18% against the previous year. In general, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, insulating board import price increased by +102.6% against 2016 indices. The pace of growth was the most pronounced in 2017 an increase of 30% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+8.1%), 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 insulating board in the world?

China remains the largest insulating board consuming country worldwide, accounting for 26% of total volume. Moreover, insulating board consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 9.6% share.

What are the largest producers of insulating board in the world?

China constituted the country with the largest volume of insulating board production, accounting for 26% of total volume. Moreover, insulating board production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 9.6% share.

What are the leading suppliers of insulating board to Ecuador?

In value terms, Chile constituted the largest supplier of insulating board to Ecuador, comprising 49% of total imports. The second position in the ranking was occupied by New Zealand, with a 15% share of total imports. It was followed by China, with a 14% share.

What are the leading importers of insulating board from Ecuador?

In value terms, the United States remains the key foreign market for insulating board exports from Ecuador.

What is the average export price for insulating board in Ecuador?

The average insulating board export price stood at $627 per cubic meter in 2021, picking up by 13% against the previous year.

What is the average import price for insulating board in Ecuador?

The average insulating board import price stood at $373 per cubic meter in 2021, with an increase of 58% against the previous year.

This report provides an in-depth analysis of the insulating board 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:

FCL 1650 - Other fibreboard

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