Report Update Nov 1, 2024

Ecuador - Polyurethanes in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Polyurethanes Market 2024

Polyurethanes Market Size in Ecuador

In 2021, the Ecuadorian polyurethanes market increased by 45% to $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption, however, recorded a mild contraction. Polyurethanes consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Polyurethanes Exports

Exports from Ecuador

In 2021, after two years of growth, there was significant decline in overseas shipments of polyurethanes in primary forms, when their volume decreased by -54.1% to X tons. Overall, exports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2015 with an increase of 363% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, polyurethanes exports reduced remarkably to $X in 2021. In general, exports showed a sharp reduction. The pace of growth appeared the most rapid in 2017 with an increase of 281% 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

France (X tons), Australia (X tons) and Colombia (X kg) were the main destinations of polyurethanes exports from Ecuador, with a combined 94% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Colombia (with a CAGR of -9.7%), while the other leaders experienced a decline.

In value terms, France ($X) remains the key foreign market for polyurethanes in primary forms exports from Ecuador, comprising 66% of total exports. The second position in the ranking was held by Australia ($X), with a 27% share of total exports. It was followed by Colombia, with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France amounted to -24.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-23.0% per year) and Colombia (-13.1% per year).

Export Prices by Country

In 2021, the average polyurethanes export price amounted to $X per ton, which is down by -22.4% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 19%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the 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 the United States ($X per ton), while the average price for exports to Colombia ($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 the United States (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.

Polyurethanes Imports

Imports into Ecuador

In 2021, purchases abroad of polyurethanes in primary forms increased by 30% to X tons for the first time since 2017, thus ending a three-year declining trend. Overall, imports, however, continue to indicate a pronounced decrease. 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, polyurethanes imports soared to $X in 2021. Over the period under review, imports, however, showed a mild reduction. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Brazil (X tons), Italy (X tons) and China (X tons) were the main suppliers of polyurethanes imports to Ecuador, together accounting for 44% of total imports. Spain, Germany, the United States, Hong Kong SAR, Colombia, Turkey, Japan, Belgium, Egypt and the UK lagged somewhat behind, together comprising a further 45%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +23.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest polyurethanes suppliers to Ecuador were Brazil ($X), Spain ($X) and China ($X), with a combined 39% share of total imports. Italy, the United States, Germany, Japan, Colombia, Hong Kong SAR, Turkey, the UK, Egypt and Belgium lagged somewhat behind, together accounting for a further 48%.

Japan, with a CAGR of +21.3%, saw the highest rates of growth with regard to the value of imports, in terms of 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 polyurethanes import price stood at $X per ton in 2021, rising by 11% against the previous year. Overall, the import price showed a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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 Japan ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+7.8%), 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 polyurethanes in primary forms in the world?

China constituted the country with the largest volume of polyurethanes consumption, accounting for 22% of total volume. Moreover, polyurethanes consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with an 8.2% share.

What are the largest producers of polyurethanes in primary forms in the world?

China constituted the country with the largest volume of polyurethanes production, comprising approx. 23% of total volume. Moreover, polyurethanes production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by Belgium, with an 8.4% share.

What are the leading suppliers of polyurethanes in primary forms to Ecuador?

In value terms, Brazil, Spain and China constituted the largest polyurethanes suppliers to Ecuador, together comprising 43% of total imports. These countries were followed by Italy, the United States, Germany, Colombia, Hong Kong SAR, Turkey, the UK, South Korea, Panama and Egypt, which together accounted for a further 51%.

What are the leading importers of polyurethanes in primary forms from Ecuador?

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

What is the average export price for polyurethanes in primary forms in Ecuador?

In 2021, the average polyurethanes export price amounted to $3,349 per ton, waning by -23.3% against the previous year.

What is the average import price for polyurethanes in primary forms in Ecuador?

The average polyurethanes import price stood at $3,953 per ton in 2021, surging by 12% against the previous year.

This report provides an in-depth analysis of the polyurethanes 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 20165670 - Polyurethanes, in primary forms

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