Report Update Nov 1, 2024

Ecuador - Matches - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Matches Market 2024

Matches Market Size in Ecuador

In 2021, the Ecuadorian matches market increased by 5.3% to $X, rising for the second year in a row after four years of decline. Overall, consumption, however, recorded a perceptible reduction. Matches consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Matches Production in Ecuador

In value terms, matches production contracted notably to $X in 2021 estimated in export price. In general, production, however, showed a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of 95%. Matches production peaked at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Matches Exports

Exports from Ecuador

After three years of growth, overseas shipments of matches decreased by -17.5% to X tons in 2021. Over the period under review, exports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2015 when exports increased by 116%. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, matches exports dropped significantly to $X in 2021. In general, exports, however, posted resilient growth. The growth pace was the most rapid in 2015 when exports increased by 90% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Guatemala (X tons) was the main destination for matches exports from Ecuador, with a 72% share of total exports. Moreover, matches exports to Guatemala exceeded the volume sent to the second major destination, Colombia (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume to Guatemala stood at +8.0%.

In value terms, Guatemala ($X) remains the key foreign market for matches exports from Ecuador, comprising 75% of total exports. The second position in the ranking was taken by Colombia ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Guatemala amounted to +5.5%.

Export Prices by Country

The average matches export price stood at $X per ton in 2021, shrinking by -3.4% against the previous year. Overall, the export price recorded a pronounced slump. The growth pace was the most rapid in 2013 when the average export price increased by 2.3% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Guatemala ($X per ton), while the average price for exports to Colombia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (-2.3%).

Matches Imports

Imports into Ecuador

In 2021, after two years of decline, there was significant growth in overseas purchases of matches, when their volume increased by 169% to X tons. Overall, imports, however, recorded a abrupt setback. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, matches imports soared to $X in 2021. Over the period under review, imports, however, recorded a deep setback. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Malaysia (X tons) constituted the largest matches supplier to Ecuador, with a 66% share of total imports. Moreover, matches imports from Malaysia exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. The third position in this ranking was held by Peru (X tons), with a 5.1% share.

From 2012 to 2021, the average annual growth rate of volume from Malaysia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (-4.9% per year) and Peru (-1.6% per year).

In value terms, Malaysia ($X) constituted the largest supplier of matches to Ecuador, comprising 71% of total imports. The second position in the ranking was held by India ($X), with a 24% share of total imports. It was followed by Peru, with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Malaysia stood at +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-1.5% per year) and Peru (-10.4% per year).

Import Prices by Country

In 2021, the average matches import price amounted to $X per ton, reducing by -6.8% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 12% against the previous year. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+15.8%), 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 matches in the world?

The countries with the highest volumes of matches consumption in 2020 were China, the United States and India, with a combined 35% share of global consumption. These countries were followed by Nigeria, Russia, Brazil, Germany, Indonesia, Belarus, Japan, Ghana and Tanzania, which together accounted for a further 24%.

What are the largest producers of matches in the world?

The countries with the highest volumes of matches production in 2020 were India, China and the United States, with a combined 51% share of global production. These countries were followed by Russia, Indonesia, Brazil, Belarus, Pakistan, Sweden, Germany and Japan, which together accounted for a further 28%.

What are the leading suppliers of matches to Ecuador?

In value terms, Malaysia constituted the largest supplier of matches to Ecuador, comprising 70% of total imports. The second position in the ranking was occupied by Peru, with a 22% share of total imports. It was followed by Indonesia, with a 5.3% share.

What are the leading importers of matches from Ecuador?

In value terms, Guatemala and Colombia appeared to be the largest markets for matches exported from Ecuador worldwide.

What is the average export price for matches in Ecuador?

In 2020, the average matches export price amounted to $2,497 per ton, waning by -4.7% against the previous year.

What is the average import price for matches in Ecuador?

In 2020, the average matches import price amounted to $2,687 per ton, rising by 12% against the previous year.

This report provides an in-depth analysis of the matches 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 20512000 - Matches (excluding Bengal matches and other pyrotechnic products)

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