Report Update Nov 1, 2024

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

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Ecuador: Oxygen Market 2024

Oxygen Market Size in Ecuador

The Ecuadorian oxygen market totaled $X in 2022, almost unchanged from the previous year. The market value increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Oxygen Production in Ecuador

In value terms, oxygen production totaled $X in 2022 estimated in export price. Over the period under review, the total production indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.7% against 2019 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 26%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Oxygen Exports

Exports from Ecuador

After two years of growth, overseas shipments of oxygen decreased by -18.7% to X cubic meters in 2022. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 800% against the previous year. Over the period under review, the exports hit record highs at X cubic meters in 2021, and then fell rapidly in the following year.

In value terms, oxygen exports contracted rapidly to $X in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 692%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Colombia (X cubic meters) was the main destination for oxygen exports from Ecuador, accounting for a 100% share of total exports. It was followed by Chile (X cubic meters), with a 0.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Colombia stood at +76.0%.

In value terms, Colombia ($X) emerged as the key foreign market for oxygen exports from Ecuador, comprising 81% of total exports. The second position in the ranking was held by Chile ($X), with a 19% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Colombia stood at +61.5%.

Export Prices by Country

The average oxygen export price stood at $X per cubic meter in 2022, declining by -15.6% against the previous year. Overall, the export price saw a abrupt decline. The pace of growth appeared the most rapid in 2017 an increase of 11% against the previous year. Over the period under review, the average export prices reached the maximum at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per cubic meter), while the average price for exports to Colombia amounted to $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+60.7%), while the prices for the other major destinations experienced mixed trend patterns.

Oxygen Imports

Imports into Ecuador

After five years of growth, purchases abroad of oxygen decreased by -22.4% to X cubic meters in 2022. In general, imports continue to indicate a dramatic shrinkage. The pace of growth appeared the most rapid in 2018 when imports increased by 631%. Over the period under review, imports hit record highs at X cubic meters in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, oxygen imports dropped remarkably to $X in 2022. Over the period under review, imports showed a deep setback. The pace of growth was the most pronounced in 2019 when imports increased by 389% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X cubic meters) and Colombia (X cubic meters) were the main suppliers of oxygen imports to Ecuador.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +126.0%).

In value terms, China ($X) constituted the largest supplier of oxygen to Ecuador, comprising 65% of total imports. The second position in the ranking was held by Colombia ($X), with a 32% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +95.0%.

Import Prices by Country

The average oxygen import price stood at $X per cubic meter in 2022, surging by 8.3% against the previous year. Over the period under review, the import price showed a significant expansion. The most prominent rate of growth was recorded in 2017 an increase of 131%. As a result, import price reached the peak level of $X per cubic meter. From 2018 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per cubic meter), while the price for Colombia stood at $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+11.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for oxygen in the world?

The countries with the highest volumes of in 2021 were China, Russia and India, with a combined 36% share of global consumption. These countries were followed by Japan, Pakistan, Brazil, Nigeria, the United States, the Netherlands, France, Italy, Saudi Arabia and Turkey, which together accounted for a further 28%.

What are the largest producers of oxygen in the world?

The countries with the highest volumes of in 2021 were China, Russia and India, together comprising 36% of global production. These countries were followed by Japan, Pakistan, Brazil, the United States, Nigeria, the Netherlands, France, Italy, Saudi Arabia and Turkey, which together accounted for a further 28%.

What are the leading suppliers of oxygen to Ecuador?

In value terms, China constituted the largest supplier of oxygen to Ecuador, comprising 65% of total imports. The second position in the ranking was occupied by Colombia, with a 32% share of total imports.

What are the leading importers of oxygen from Ecuador?

In value terms, Peru remains the key foreign market for oxygen exports from Ecuador, comprising 86% of total exports. The second position in the ranking was occupied by Colombia, with a 14% share of total exports.

What is the average export price for oxygen in Ecuador?

In 2021, the average oxygen export price amounted to $0.7 per cubic meter, which is down by -38.2% against the previous year.

What is the average import price for oxygen in Ecuador?

In 2021, the average oxygen import price amounted to $2.8 per cubic meter, surging by 21% against the previous year.

This report provides an in-depth analysis of the oxygen 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 20111170 - Oxygen

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