Report Update Nov 1, 2024

Ecuador - Rolls for Rolling Mills - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Mill Rolling Roll Market 2024

Mill Rolling Roll Market Size in Ecuador

The Ecuadorian mill rolling roll market fell to $X in 2022, with a decrease of -13.9% 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, however, showed measured growth. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Mill Rolling Roll Exports

Exports from Ecuador

Mill rolling roll exports from Ecuador totaled X units in 2019, remaining constant against the previous year. In general, exports continue to indicate a buoyant expansion. The smallest decline of -50% was in 2015. Over the period under review, the exports attained the peak figure in 2019 and are likely to continue growth in the immediate term.

In value terms, mill rolling roll exports stood at $X in 2019. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2015 with an increase of 56%. Over the period under review, the exports hit record highs in 2019 and are expected to retain growth in the near future.

Exports by Country

Colombia (X units) and Switzerland (X units) were the main destinations of mill rolling roll exports from Ecuador. Moreover, mill rolling roll exports in Colombia exceeded the figures recorded by the second-largest exporter, Switzerland, twofold.

From 2014 to 2019, the biggest increases were recorded for Colombia (with a CAGR of 0.0%).

From 2014 to 2019, the average annual rate of growth in terms of value to Colombia was relatively modest.

Export Prices by Country

In 2019, the average mill rolling roll export price amounted to $X per unit, stabilizing at the previous year. Overall, the export price showed a significant increase. The pace of growth appeared the most rapid in 2015 an increase of 212% against the previous year. Over the period under review, the average export prices attained the peak figure in 2019 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($X per unit), while the average price for exports to Switzerland totaled $X per unit.

From 2014 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Mill Rolling Roll Imports

Imports into Ecuador

In 2022, approx. X units of rolls for rolling mills were imported into Ecuador; waning by -26.8% against 2021. Overall, imports, however, saw a prominent expansion. The growth pace was the most rapid in 2019 when imports increased by 342% against the previous year. Imports peaked at X units in 2021, and then shrank notably in the following year.

In value terms, mill rolling roll imports expanded sharply to $X in 2022. In general, imports recorded a mild shrinkage. The growth pace was the most rapid in 2019 with an increase of 498%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Italy (X units), China (X units) and Colombia (X units) were the main suppliers of mill rolling roll imports to Ecuador, together comprising 84% of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +43.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of rolls for rolling mills to Ecuador, comprising 59% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 22% share of total imports. It was followed by Spain, with a 5.9% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-3.5% per year) and Spain (+31.4% per year).

Import Prices by Country

In 2022, the average mill rolling roll import price amounted to $X per unit, surging by 47% against the previous year. Overall, the import price, however, continues to indicate a abrupt shrinkage. The import price peaked at $X per unit in 2012; however, from 2013 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 Spain ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+73.6%), 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 rolls for rolling mills in the world?

The countries with the highest volumes of in 2021 were Italy, China and South Africa, together accounting for 30% of global consumption.

What are the largest producers of rolls for rolling mills in the world?

China remains the largest mill rolling roll producing country worldwide, comprising approx. 33% of total volume. Moreover, mill rolling roll production in China exceeded the figures recorded by the second-largest producer, Japan, threefold. The third position in this ranking was occupied by Italy, with an 11% share.

What are the leading suppliers of rolls for rolling mills to Ecuador?

In value terms, China, Taiwan Chinese) and Colombia constituted the largest mill rolling roll suppliers to Ecuador, together comprising 99% of total imports.

What is the average import price for rolls for rolling mills in Ecuador?

The average mill rolling roll import price stood at $1,614 per unit in 2021, picking up by 1.7% against the previous year.

This report provides an in-depth analysis of the mill rolling roll 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 28911250 - Rolls for rolling mills

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