Report Ecuador - Machinery for the Extraction or Preparation of Animal or Fixed Vegetable Fats or Oils - Market Analysis, Forecast, Size, Trends and Insights for 499$

Report Update Nov 1, 2024

Ecuador - Machinery for the Extraction or Preparation of Animal or Fixed Vegetable Fats or Oils - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Fats Preparation Machinery Market 2024

Fats Preparation Machinery Market Size in Ecuador

The Ecuadorian fats preparation machinery market soared to $X in 2022, rising by 89% 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, however, saw a abrupt setback. Fats preparation machinery consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Fats Preparation Machinery Exports

Exports from Ecuador

In 2022, shipments abroad of machinery for the extraction or preparation of animal or fixed vegetable fats or oils decreased by 0% to X units, falling for the second year in a row after two years of growth. Over the period under review, exports showed a temperate increase. The most prominent rate of growth was recorded in 2013 with an increase of 175% against the previous year. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, fats preparation machinery exports surged to $X in 2022. Overall, exports posted a resilient increase. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Sudan (X units) was the main destination for fats preparation machinery exports from Ecuador, with a 50% share of total exports. Moreover, fats preparation machinery exports to Sudan exceeded the volume sent to the second major destination, the United States (X units), threefold. The third position in this ranking was held by Colombia (X units), with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sudan amounted to +11.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (0.0% per year) and Colombia (0.0% per year).

In value terms, Sudan ($X) remains the key foreign market for machinery for the extraction or preparation of animal or fixed vegetable fats or oils exports from Ecuador, comprising 73% of total exports. The second position in the ranking was held by Colombia ($X), with a 25% share of total exports. It was followed by the United States, with a 2.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sudan totaled +23.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (-5.3% per year) and the United States (+11.4% per year).

Export Prices by Country

The average fats preparation machinery export price stood at $X per unit in 2022, with an increase of 622% against the previous year. In general, the export price posted a noticeable increase. Over the period under review, the average export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($X per unit), while the average price for exports to Peru ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+11.4%), while the prices for the other major destinations experienced mixed trend patterns.

Fats Preparation Machinery Imports

Imports into Ecuador

In 2022, fats preparation machinery imports into Ecuador soared to X units, growing by 44% on 2021. Over the period under review, imports, however, faced a abrupt descent. The pace of growth was the most pronounced in 2013 when imports increased by 394% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, fats preparation machinery imports soared to $X in 2022. Overall, imports, however, faced a deep slump. The most prominent rate of growth was recorded in 2017 when imports increased by 282%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Brazil (X units), Malaysia (X units) and Germany (X units) were the main suppliers of fats preparation machinery imports to Ecuador, together accounting for 71% of total imports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +13.1%), while purchases for the other leaders experienced a decline.

In value terms, the largest fats preparation machinery suppliers to Ecuador were Brazil ($X), Malaysia ($X) and Germany ($X), together comprising 90% of total imports.

Malaysia, with a CAGR of +6.2%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average fats preparation machinery import price amounted to $X per unit, increasing by 62% against the previous year. In general, the import price, however, continues to indicate a pronounced contraction. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, 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 ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machinery for the extraction or preparation of animal or fixed vegetable fats or oils in the world?

The countries with the highest volumes of in 2021 were China, Indonesia and the United States, with a combined 40% share of global consumption. These countries were followed by India, Italy, Japan, Germany, Pakistan, Brazil, France, Morocco, the UK and Mexico, which together accounted for a further 33%.

What are the largest producers of machinery for the extraction or preparation of animal or fixed vegetable fats or oils in the world?

The country with the largest volume of fats preparation machinery production was China, comprising approx. 22% of total volume. Moreover, fats preparation machinery production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 10% share.

What are the leading suppliers of machinery for the extraction or preparation of animal or fixed vegetable fats or oils to Ecuador?

In value terms, Malaysia constituted the largest supplier of fats preparation machinery to Ecuador, comprising 52% of total imports. The second position in the ranking was occupied by the United States, with a 25% share of total imports.

What are the leading importers of machinery for the extraction or preparation of animal or fixed vegetable fats or oils from Ecuador?

In value terms, the United States remains the key foreign market for fats preparation machinery exports from Ecuador.

What is the average export price for machinery for the extraction or preparation of animal or fixed vegetable fats or oils in Ecuador?

The average fats preparation machinery export price stood at $111 per unit in 2021, shrinking by -92.8% against the previous year.

What is the average import price for machinery for the extraction or preparation of animal or fixed vegetable fats or oils in Ecuador?

The average fats preparation machinery import price stood at $200 per unit in 2021, declining by -47.2% against the previous year.

This report provides an in-depth analysis of the fats preparation 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 28931780 - Machinery for the extraction or preparation of animal or fixed vegetable fats or oils

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