Ecuador - Mechanical Appliances for Projecting, Dispersing or Spraying - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEcuador: Market for Mechanical Appliances For Projecting, Dispersing Or Spraying 2024
Market Size for Mechanical Appliances For Projecting, Dispersing Or Spraying in Ecuador
After five years of growth, the Ecuadorian market for mechanical appliances for projecting, dispersing or spraying decreased by -4.3% to $X in 2022. Overall, consumption recorded a strong increase. Over the period under review, the market reached the peak level at $X in 2021, and then fell slightly in the following year.
Exports of Mechanical Appliances For Projecting, Dispersing Or Spraying
Exports from Ecuador
Exports of mechanical appliances for projecting, dispersing or spraying from Ecuador declined slightly to X units in 2022, approximately reflecting 2021 figures. In general, exports showed a deep reduction. The pace of growth was the most pronounced in 2017 with an increase of 206%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.
In value terms, exports of mechanical appliances for projecting, dispersing or spraying fell to $X in 2022. Over the period under review, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2016 when exports increased by 271% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.
Exports by Country
Peru (X units) was the main destination for exports of mechanical appliances for projecting, dispersing or spraying from Ecuador, accounting for a approx. 100% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of volume to Peru stood at +1.3%.
In value terms, Peru ($X) also remains the key foreign market for mechanical appliances for projecting, dispersing or spraying exports from Ecuador.
From 2012 to 2022, the average annual growth rate of value to Peru totaled +17.5%.
Export Prices by Country
The average export price for mechanical appliances for projecting, dispersing or spraying stood at $X per unit in 2022, reducing by -11.4% against the previous year. Over the period under review, the export price, however, recorded a measured increase. The growth pace was the most rapid in 2016 an increase of 199% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Peru.
From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to +37.3% per year.
Imports of Mechanical Appliances For Projecting, Dispersing Or Spraying
Imports into Ecuador
Imports of mechanical appliances for projecting, dispersing or spraying into Ecuador stood at X units in 2022, almost unchanged from 2021. Overall, imports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 70%. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of mechanical appliances for projecting, dispersing or spraying contracted to $X in 2022. In general, imports continue to indicate strong growth. The growth pace was the most rapid in 2020 with an increase of 46% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2021, and then shrank in the following year.
Imports by Country
In 2022, China (X units) constituted the largest mechanical appliances for projecting, dispersing or spraying supplier to Ecuador, accounting for a 75% share of total imports. Moreover, imports of mechanical appliances for projecting, dispersing or spraying from China exceeded the figures recorded by the second-largest supplier, India (X units), sixfold. Italy (X units) ranked third in terms of total imports with a 5.7% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +18.7%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+21.6% per year) and Italy (+10.2% per year).
In value terms, China ($X) constituted the largest supplier of mechanical appliances for projecting, dispersing or spraying to Ecuador, comprising 51% of total imports. The second position in the ranking was held by India ($X), with a 21% share of total imports. It was followed by Italy, with a 9.2% share.
From 2012 to 2022, the average annual growth rate of value from China totaled +19.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+24.7% per year) and Italy (+3.4% per year).
Import Prices by Country
The average import price for mechanical appliances for projecting, dispersing or spraying stood at $X per unit in 2022, falling by -5.7% against the previous year. In general, the import price recorded a perceptible downturn. The pace of growth appeared the most rapid in 2019 an increase of 15% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for mechanical appliances for projecting, dispersing or spraying 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 28292240 - Other mechanical appliances for projecting, dispersing or spraying
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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