Report Update Nov 1, 2024

Ecuador - Natural and Modified Natural Polymers in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Natural Polymers Market 2024

Natural Polymers Market Size in Ecuador

In 2021, after two years of decline, there was significant growth in the Ecuadorian natural polymers market, when its value increased by 133% to $X. Overall, consumption showed a noticeable increase. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Natural Polymers Exports

Exports from Ecuador

In 2021, shipments abroad of natural and modified natural polymers in primary forms decreased by -28.1% to X tons, falling for the second year in a row after four years of growth. Overall, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2016 with an increase of 313% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, natural polymers exports dropped markedly to $X in 2021. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 433%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Colombia (X tons) and Peru (X tons) were the main destinations of natural polymers exports from Ecuador.

From 2012 to 2021, the biggest increases were recorded for Peru (with a CAGR of +33.0%).

In value terms, Peru ($X) and Colombia ($X) were the largest markets for natural polymers exported from Ecuador worldwide.

Peru, with a CAGR of +48.7%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average natural polymers export price stood at $X per ton in 2021, with a decrease of -21.1% 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 2013 when the average export price increased by 115%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average 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 Peru ($X per ton), while the average price for exports to Colombia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+14.6%), while the prices for the other major destinations experienced mixed trend patterns.

Natural Polymers Imports

Imports into Ecuador

After two years of decline, purchases abroad of natural and modified natural polymers in primary forms increased by 88% to X tons in 2021. In general, total imports indicated a moderate increase from 2012 to 2021: its volume increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, natural polymers imports surged to $X in 2021. Overall, imports showed a measured expansion. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of natural polymers to Ecuador, accounting for a 72% share of total imports. Moreover, natural polymers imports from China exceeded the figures recorded by the second-largest supplier, Canada (X tons), eightfold. The United States (X tons) ranked third in terms of total imports with an 8.4% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +25.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+41.3% per year) and the United States (-14.8% per year).

In value terms, China ($X) constituted the largest supplier of natural and modified natural polymers in primary forms to Ecuador, comprising 73% of total imports. The second position in the ranking was taken by the United States ($X), with an 8.1% share of total imports. It was followed by Canada, with a 4.6% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +27.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-14.0% per year) and Canada (+33.0% per year).

Import Prices by Country

In 2021, the average natural polymers import price amounted to $X per ton, rising by 23% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+10.5%), 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 natural and modified natural polymers in primary forms in the world?

The countries with the highest volumes of in 2021 were China, Italy and the United States, with a combined 42% share of global consumption.

What are the largest producers of natural and modified natural polymers in primary forms in the world?

The country with the largest volume of natural polymers production was China, comprising approx. 32% of total volume. Moreover, natural polymers production in China exceeded the figures recorded by the second-largest producer, Italy, twofold. The third position in this ranking was occupied by the United States, with an 11% share.

What are the leading suppliers of natural and modified natural polymers in primary forms to Ecuador?

In value terms, China constituted the largest supplier of natural polymers to Ecuador, comprising 73% of total imports. The second position in the ranking was occupied by the United States, with an 8.1% share of total imports. It was followed by Canada, with a 4.6% share.

What are the leading importers of natural and modified natural polymers in primary forms from Ecuador?

In value terms, the largest markets for natural polymers exported from Ecuador were Peru and Colombia.

What is the average export price for natural and modified natural polymers in primary forms in Ecuador?

In 2021, the average natural polymers export price amounted to $4,482 per ton, declining by -20.1% against the previous year.

What is the average import price for natural and modified natural polymers in primary forms in Ecuador?

In 2021, the average natural polymers import price amounted to $4,746 per ton, rising by 12% against the previous year.

This report provides an in-depth analysis of the natural polymers 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 20165960 - Natural and modified natural polymers, in primary forms (including alginic acid, hardened proteins, chemical derivatives of natural rubber)

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