Report Update Nov 1, 2024

Ecuador - Machinery for Preparing Animal Feedstuffs - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Feedstuff Preparing Machinery Market 2024

Feedstuff Preparing Machinery Market Size in Ecuador

After two years of decline, the Ecuadorian feedstuff preparing machinery market increased by 107% to $X in 2021. Overall, consumption showed a significant increase. Feedstuff preparing machinery consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Feedstuff Preparing Machinery Exports

Exports from Ecuador

In 2021, shipments abroad of machinery for preparing animal feedstuffs decreased by -80% to X units, falling for the seventh consecutive year after three years of growth. Over the period under review, exports showed a precipitous decrease. The pace of growth was the most pronounced in 2014 with an increase of 112%. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, feedstuff preparing machinery exports dropped remarkably to $X in 2021. Overall, exports recorded a abrupt curtailment. The growth pace was the most rapid in 2014 when exports increased by 123%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Peru (X units) was the main destination for feedstuff preparing machinery exports from Ecuador, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Peru was relatively modest.

In value terms, Mexico ($X) emerged as the key foreign market for machinery for preparing animal feedstuffs exports from Ecuador, comprising 83% of total exports. The second position in the ranking was taken by Peru ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Mexico amounted to +99.2%.

Export Prices by Country

The average feedstuff preparing machinery export price stood at $X per unit in 2021, growing by 49% against the previous year. Overall, the export price saw significant growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 55%. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the average price for exports to Peru totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+194.7%), while the prices for the other major destinations experienced more modest paces of growth.

Feedstuff Preparing Machinery Imports

Imports into Ecuador

In 2021, purchases abroad of machinery for preparing animal feedstuffs was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Overall, imports continue to indicate strong growth. The pace of growth was the most pronounced in 2015 when imports increased by 253%. Imports peaked at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, feedstuff preparing machinery imports surged to $X in 2021. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 254% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of feedstuff preparing machinery to Ecuador, with a 59% share of total imports. Moreover, feedstuff preparing machinery imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X units), eightfold. Argentina (X units) ranked third in terms of total imports with a 4.1% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +33.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+11.4% per year) and Argentina (+20.2% per year).

In value terms, China ($X) constituted the largest supplier of machinery for preparing animal feedstuffs to Ecuador, comprising 52% of total imports. The second position in the ranking was taken by Argentina ($X), with a 9.4% share of total imports. It was followed by Brazil, with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +43.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+34.6% per year) and Brazil (+18.2% per year).

Import Prices by Country

In 2021, the average feedstuff preparing machinery import price amounted to $X per unit, growing by 19% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2019 an increase of 36%. As a result, import price reached the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($X per unit), while the price for Peru ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+10.2%), 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 machinery for preparing animal feedstuffs in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 46% share of global consumption. These countries were followed by Germany, Russia, Brazil, Portugal, France, Ukraine, Italy, Saudi Arabia, Canada and Spain, which together accounted for a further 31%.

What are the largest producers of machinery for preparing animal feedstuffs in the world?

The country with the largest volume of feedstuff preparing machinery production was China, accounting for 25% of total volume. Moreover, feedstuff preparing machinery production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 9.6% share.

What are the leading suppliers of machinery for preparing animal feedstuffs to Ecuador?

In value terms, China constituted the largest supplier of feedstuff preparing machinery to Ecuador, comprising 70% of total imports. The second position in the ranking was occupied by Brazil, with a 7.1% share of total imports. It was followed by Mexico, with a 4% share.

What are the leading importers of machinery for preparing animal feedstuffs from Ecuador?

In value terms, Mexico remains the key foreign market for feedstuff preparing machinery exports from Ecuador.

What is the average export price for machinery for preparing animal feedstuffs in Ecuador?

In 2021, the average feedstuff preparing machinery export price amounted to $23,108 per unit, surging by 117% against the previous year.

What is the average import price for machinery for preparing animal feedstuffs in Ecuador?

In 2021, the average feedstuff preparing machinery import price amounted to $16,154 per unit, growing by 19% against the previous year.

This report provides an in-depth analysis of the feedstuff preparing 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 28308300 - Machinery for preparing animal feedstuffs

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