Ecuador: Paper Label Market 2025

Paper Label Market Size in Ecuador

The Ecuadorian paper label market expanded sharply to $X in 2021, growing by 6.4% against the previous year. In general, consumption, however, showed a abrupt downturn. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Paper Label Production in Ecuador

In value terms, paper label production reduced to $X in 2021 estimated in export price. Over the period under review, production recorded buoyant growth. The growth pace was the most rapid in 2014 with an increase of 49% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then fell in the following year.

Paper Label Exports

Exports from Ecuador

In 2021, the amount of labels of paper or paperboard exported from Ecuador skyrocketed to X tons, growing by 20% against 2020 figures. Over the period under review, exports, however, continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 413% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, paper label exports reduced modestly to $X in 2021. Overall, exports, however, recorded a deep contraction. The growth pace was the most rapid in 2018 with an increase of 377% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Peru (X tons), Colombia (X tons) and Panama (X tons) were the main destinations of paper label exports from Ecuador, with a combined 81% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Panama (with a CAGR of +49.0%), while the other leaders experienced more modest paces of growth.

In value terms, Peru ($X) remains the key foreign market for labels of paper or paperboard exports from Ecuador, comprising 50% of total exports. The second position in the ranking was taken by Colombia ($X), with a 21% share of total exports. It was followed by Panama, with a 20% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Peru stood at -9.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+2.2% per year) and Panama (+78.0% per year).

Export Prices by Country

In 2021, the average paper label export price amounted to $X per ton, with a decrease of -17% against the previous year. Overall, the export price recorded a pronounced descent. The pace of growth appeared the most rapid in 2019 an increase of 45%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Panama ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+19.5%), while the prices for the other major destinations experienced mixed trend patterns.

Paper Label Imports

Imports into Ecuador

In 2021, the amount of labels of paper or paperboard imported into Ecuador expanded sharply to X tons, with an increase of 6% on 2020. Over the period under review, imports, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2017 when imports increased by 117% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, paper label imports expanded rapidly to $X in 2021. Overall, imports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of 59% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Colombia (X tons) constituted the largest paper label supplier to Ecuador, accounting for a 42% share of total imports. Moreover, paper label imports from Colombia exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. China (X tons) ranked third in terms of total imports with a 19% share.

From 2012 to 2021, the average annual growth rate of volume from Colombia stood at +29.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+4.4% per year) and China (+12.5% per year).

In value terms, Colombia ($X), the United States ($X) and China ($X) constituted the largest paper label suppliers to Ecuador, with a combined 86% share of total imports.

China, with a CAGR of +20.2%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average paper label import price stood at $X per ton in 2021, approximately reflecting the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 31%. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

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 Germany (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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