Ecuador: Market for Prefabricated Buildings Of Plastics, Concrete Or Aluminium 2024

Market Size for Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Ecuador

The Ecuadorian market for prefabricated buildings of plastics, concrete or aluminium fell slightly to $X in 2021, which is down by -4% against the previous year. In general, consumption showed a deep setback. Consumption of peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Ecuador

In value terms, production of prefabricated buildings of plastics, concrete or aluminium totaled $X in 2021 estimated in export price. Overall, production, however, saw a pronounced downturn. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Exports from Ecuador

In 2021, shipments abroad of prefabricated buildings of plastics, concrete or aluminium was finally on the rise to reach X tons after two years of decline. Over the period under review, exports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2015 when exports increased by 230%. Over the period under review, the exports of reached the peak figure at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of prefabricated buildings of plastics, concrete or aluminium soared to $X in 2021. In general, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of 221% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Guatemala (X tons) was the main destination for exports of prefabricated buildings of plastics, concrete or aluminium from Ecuador, with a 88% share of total exports. Moreover, exports of prefabricated buildings of plastics, concrete or aluminium to Guatemala exceeded the volume sent to the second major destination, Spain (X tons), eightfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Guatemala was relatively modest.

In value terms, Guatemala ($X) emerged as the key foreign market for prefabricated buildings of plastics, concrete or aluminium exports from Ecuador, comprising 79% of total exports. The second position in the ranking was taken by Spain ($X), with a 16% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Guatemala stood at +1.2%.

Export Prices by Country

The average export price for prefabricated buildings of plastics, concrete or aluminium stood at $X per ton in 2021, picking up by 121% against the previous year. In general, the export price saw a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Guatemala amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+45.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Imports into Ecuador

In 2021, approx. X tons of prefabricated buildings of plastics, concrete or aluminium were imported into Ecuador; with a decrease of -11.5% on the previous year. Over the period under review, imports saw a abrupt setback. The pace of growth was the most pronounced in 2016 with an increase of 192% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of prefabricated buildings of plastics, concrete or aluminium reduced to $X in 2021. Overall, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2016 when imports increased by 167% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

China (X tons), Colombia (X tons) and Mexico (X tons) were the main suppliers of imports of prefabricated buildings of plastics, concrete or aluminium to Ecuador, with a combined 87% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +112.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X) constituted the largest supplier of prefabricated buildings of plastics, concrete or aluminium to Ecuador, comprising 38% of total imports. The second position in the ranking was taken by Mexico ($X), with a 17% share of total imports. It was followed by China, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Colombia amounted to +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+108.0% per year) and China (-13.1% per year).

Import Prices by Country

The average import price for prefabricated buildings of plastics, concrete or aluminium stood at $X per ton in 2021, rising by 5.3% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2014 an increase of 22% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

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 Canada ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+32.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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