Ecuador - Milking Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEcuador: Milking Machine Market 2024
Milking Machine Market Size in Ecuador
The Ecuadorian milking machine market declined slightly to $X in 2022, reducing by -4% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.
Milking Machine Production in Ecuador
In value terms, milking machine production fell slightly to $X in 2022 estimated in export price. Over the period under review, production showed a mild shrinkage. The most prominent rate of growth was recorded in 2017 when the production volume increased by 32%. Milking machine production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.
Milking Machine Exports
Exports from Ecuador
In 2014, the amount of milking machines exported from Ecuador was estimated at X units, flattening at 2013 figures. In general, exports faced a abrupt slump. The smallest decline of 99.9% was in 2013. The exports peaked at X units in 2012; however, from 2013 to 2014, the exports stood at a somewhat lower figure.
In value terms, milking machine exports stood at $X in 2014. Overall, exports saw a dramatic downturn. The smallest decline of 99.9% was in 2013. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2014, the exports remained at a lower figure.
Exports by Country
The Dominican Republic (X units) was the main destination for milking machine exports from Ecuador, with a approx. 100% share of total exports.
From 2012 to 2014, the average annual growth rate of volume to the Dominican Republic was relatively modest.
From 2012 to 2014, the average annual growth rate of value to the Dominican Republic was relatively modest.
Export Prices by Country
In 2014, the average milking machine export price amounted to $X per unit, leveling off at the previous year. In general, the export price recorded a deep contraction. The most prominent rate of growth was recorded in 2013 a decrease of 99.9% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2014, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the Dominican Republic.
From 2012 to 2014, the rate of growth in terms of prices for the Dominican Republic amounted to 0.0% per year.
Milking Machine Imports
Imports into Ecuador
In 2022, after three years of growth, there was significant decline in overseas purchases of milking machines, when their volume decreased by -7.2% to X units. Over the period under review, imports, however, posted a notable expansion. The pace of growth appeared the most rapid in 2015 when imports increased by 301%. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.
In value terms, milking machine imports contracted to $X in 2022. Overall, imports showed a perceptible curtailment. The pace of growth was the most pronounced in 2015 with an increase of 348% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.
Imports by Country
In 2022, Turkey (X units) constituted the largest supplier of milking machine to Ecuador, accounting for a 35% share of total imports. Moreover, milking machine imports from Turkey exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was held by Belgium (X units), with a 9% share.
From 2012 to 2022, the average annual growth rate of volume from Turkey totaled +56.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.6% per year) and Belgium (+8.6% per year).
In value terms, Germany ($X), Turkey ($X) and Spain ($X) constituted the largest milking machine suppliers to Ecuador, with a combined 44% share of total imports. Belgium, France, Argentina, New Zealand, Sweden, Brazil, the United States and China lagged somewhat behind, together accounting for a further 43%.
New Zealand, with a CAGR of +50.0%, 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
In 2022, the average milking machine import price amounted to $X per unit, with a decrease of -7.1% against the previous year. Over the period under review, the import price recorded a deep downturn. The growth pace was the most rapid in 2019 an increase of 21%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($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 the United States (+1.6%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the milking machine 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 28308200 - Milking machines
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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