Ecuador: Pantyhose Market 2024

Pantyhose Market Size in Ecuador

The Ecuadorian pantyhose market rose notably to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the near future.

Pantyhose Production in Ecuador

In value terms, pantyhose production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Pantyhose Exports

Exports from Ecuador

For the fourth year in a row, Ecuador recorded decline in shipments abroad of pantyhose and tights, which decreased by X% to X pairs in 2022. Over the period under review, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2018 when exports increased by X%. As a result, the exports attained the peak of X pairs. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, pantyhose exports dropped significantly to $X in 2022. In general, exports recorded a abrupt slump. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Peru (X pairs), the United States (X pairs) and Panama (X pairs) were the main destinations of pantyhose exports from Ecuador, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Panama (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for pantyhose exported from Ecuador were Peru ($X), the United States ($X) and Panama ($X), with a combined X% share of total exports.

Peru, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average pantyhose export price stood at $X per pair in 2022, surging by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. As a result, the export price reached the peak level of $X per pair. From 2020 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Chile ($X per pair) and Panama ($X per pair), while the average price for exports to the United States ($X per pair) and Peru ($X per pair) were amongst the lowest.

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

Pantyhose Imports

Imports into Ecuador

After two years of decline, purchases abroad of pantyhose and tights increased by X% to X pairs in 2022. Over the period under review, imports, however, saw a deep slump. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, imports attained the peak figure at X pairs in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, pantyhose imports soared to $X in 2022. Overall, imports, however, saw a drastic downturn. The growth pace was the most rapid in 2019 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

China (X pairs), Colombia (X pairs) and Turkey (X pairs) were the main suppliers of pantyhose imports to Ecuador, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest pantyhose suppliers to Ecuador were Colombia ($X), China ($X) and Italy ($X), with a combined X% share of total imports. Turkey and the United States lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average pantyhose import price amounted to $X per pair, waning by X% against the previous year. Over the period under review, the import price recorded a slight shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per pair in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per pair), while the price for China ($X per pair) was amongst the lowest.

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

Source: IndexBox Platform

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