Ecuador: Assembled Parquet Panels Market 2025

Assembled Parquet Panels Market Size in Ecuador

The Ecuadorian assembled parquet panels market surged to $X in 2021, jumping by 75% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a pronounced downturn. Assembled parquet panels consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Assembled Parquet Panels Exports

Exports from Ecuador

In 2021, overseas shipments of assembled parquet panels decreased by -33.5% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, exports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2014 when exports increased by 41%. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, assembled parquet panels exports dropped notably to $X in 2021. Overall, exports faced a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 18% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons), Armenia (X tons) and Norway (X kg) were the main destinations of assembled parquet panels exports from Ecuador, with a combined 79% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +11.9%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Norway ($X), Armenia ($X) and Switzerland ($X) appeared to be the largest markets for assembled parquet panels exported from Ecuador worldwide, together comprising 69% of total exports. The United States and Panama lagged somewhat behind, together comprising a further 9.2%.

Among the main countries of destination, Panama, with a CAGR of +5.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average assembled parquet panels export price amounted to $X per ton, growing by 15% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 36% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Switzerland ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+79.6%), while the prices for the other major destinations experienced more modest paces of growth.

Assembled Parquet Panels Imports

Imports into Ecuador

In 2021, approx. X tons of assembled parquet panels were imported into Ecuador; jumping by 60% on 2020 figures. Over the period under review, imports, however, recorded a perceptible setback. The pace of growth appeared the most rapid in 2019 when imports increased by 151% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, assembled parquet panels imports skyrocketed to $X in 2021. Overall, imports, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2019 when imports increased by 92% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Turkey (X tons) and Panama (X tons) were the main suppliers of assembled parquet panels imports to Ecuador, together accounting for 91% of total imports.

From 2012 to 2021, the biggest increases were recorded for Panama (with a CAGR of +11.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of assembled parquet panels to Ecuador, comprising 48% of total imports. The second position in the ranking was taken by Turkey ($X), with a 19% share of total imports. It was followed by Panama, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled -5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (0.0% per year) and Panama (+17.0% per year).

Import Prices by Country

The average assembled parquet panels import price stood at $X per ton in 2021, growing by 19% against the previous year. Overall, the import price showed a mild increase. The growth pace was the most rapid in 2017 an increase of 83%. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Belgium ($X per ton), while the price for Brazil ($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 (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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