Ecuador: Market for Pens, Stylos And Similar Stationery 2024

Market Size for Pens, Stylos And Similar Stationery in Ecuador

The Ecuadorian market for pens, stylos and similar stationery skyrocketed to $X in 2022, jumping by X% 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). In general, consumption continues to indicate a strong increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Pens, Stylos And Similar Stationery

Exports from Ecuador

In 2022, after four years of decline, there was significant growth in shipments abroad of pens, stylos and similar stationery, when their volume increased by X% to X units. Overall, exports, however, recorded a deep slump. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, pens, stylos and similar stationery exports reduced notably to $X in 2022. Over the period under review, exports, however, continue to indicate a precipitous setback. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Mexico (X units) was the main destination for pens, stylos and similar stationery exports from Ecuador, with a X% share of total exports. Moreover, pens, stylos and similar stationery exports to Mexico exceeded the volume sent to the second major destination, Cuba (X units), sixfold. The third position in this ranking was taken by Honduras (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mexico stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cuba (X% per year) and Honduras (X% per year).

In value terms, Colombia ($X) emerged as the key foreign market for pens, stylos and similar stationery exports from Ecuador, comprising X% of total exports. The second position in the ranking was held by Mexico ($X), with a X% share of total exports. It was followed by Cuba, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Colombia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Cuba (X% per year).

Export Prices by Country

In 2022, the average export price for pens, stylos and similar stationery amounted to less than $X per unit, reducing by X% against the previous year. Overall, the export price saw a precipitous curtailment. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per unit), while the average price for exports to Honduras (less than $X per unit) was amongst the lowest.

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

Imports of Pens, Stylos And Similar Stationery

Imports into Ecuador

Pens, stylos and similar stationery imports into Ecuador surged to X units in 2022, with an increase of X% against 2021. Overall, imports posted a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, pens, stylos and similar stationery imports soared to $X in 2022. In general, total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of pens, stylos and similar stationery to Ecuador, with a X% share of total imports. Moreover, pens, stylos and similar stationery imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X units), threefold. India (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and India (X% per year).

In value terms, the largest pens, stylos and similar stationery suppliers to Ecuador were China ($X), Colombia ($X) and Brazil ($X), with a combined X% share of total imports.

Brazil, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for pens, stylos and similar stationery stood at $X per unit in 2022, dropping by X% against the previous year. In general, the import price continues to indicate a abrupt descent. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :