Ecuador: Non-Knitted Men Apparel Market 2025

Non-Knitted Men Apparel Market Size in Ecuador

The Ecuadorian non-knitted men apparel market fell sharply to $X in 2022, which is down by -37.4% against the previous year. Over the period under review, consumption recorded a abrupt setback. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Non-Knitted Men Apparel Production in Ecuador

In value terms, non-knitted men apparel production contracted slightly to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt decline. The growth pace was the most rapid in 2013 with an increase of 22% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Non-Knitted Men Apparel Exports

Exports from Ecuador

In 2022, approx. X units of men's or boys' clothing (not knitted or crocheted) were exported from Ecuador; falling by -49% against 2021 figures. Overall, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 148% against the previous year. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-knitted men apparel exports shrank rapidly to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 94% against the previous year. As a result, the exports reached the peak of $X, and then contracted dramatically in the following year.

Exports by Country

Chile (X units) was the main destination for non-knitted men apparel exports from Ecuador, accounting for a 58% share of total exports. Moreover, non-knitted men apparel exports to Chile exceeded the volume sent to the second major destination, Peru (X units), fourfold. The Netherlands (X units) ranked third in terms of total exports with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Chile amounted to -6.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+7.4% per year) and the Netherlands (+10.3% per year).

In value terms, the largest markets for non-knitted men apparel exported from Ecuador were Peru ($X), the Netherlands ($X) and Bolivia ($X), with a combined 59% share of total exports. Chile, Guatemala, Paraguay, Costa Rica and Spain lagged somewhat behind, together accounting for a further 23%.

Paraguay, with a CAGR of +91.9%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average non-knitted men apparel export price amounted to $X per unit, declining by -15% against the previous year. Overall, the export price, however, continues to indicate strong growth. The pace of growth was the most pronounced in 2020 an increase of 42% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Chile ($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 Guatemala (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Knitted Men Apparel Imports

Imports into Ecuador

In 2022, approx. X units of men's or boys' clothing (not knitted or crocheted) were imported into Ecuador; with a decrease of -55.5% compared with the previous year's figure. Over the period under review, imports saw a mild shrinkage. The most prominent rate of growth was recorded in 2019 when imports increased by 87% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, non-knitted men apparel imports fell markedly to $X in 2022. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 40%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of non-knitted men apparel to Ecuador, accounting for a 37% share of total imports. Moreover, non-knitted men apparel imports from China exceeded the figures recorded by the second-largest supplier, Colombia (X units), twofold. Bangladesh (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (-4.7% per year) and Bangladesh (+33.6% per year).

In value terms, China ($X), Colombia ($X) and Bangladesh ($X) constituted the largest non-knitted men apparel suppliers to Ecuador, together accounting for 55% of total imports. Vietnam, Pakistan, the United States, Cambodia, the Netherlands, India, Indonesia, Peru and Turkey lagged somewhat behind, together comprising a further 26%.

Indonesia, with a CAGR of +60.6%, recorded the highest rates of growth with regard to 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 non-knitted men apparel import price stood at $X per unit in 2022, increasing by 11% against the previous year. Over the period under review, the import price, however, showed a deep contraction. The pace of growth was the most pronounced in 2014 when the average import price increased by 13% 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 ($X per unit), while the price for Peru ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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