Report Update Nov 1, 2024

Ecuador - Sails - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Sails Market 2024

Sails Market Size in Ecuador

The Ecuadorian sails market declined to $X in 2022, approximately mirroring the previous year. Overall, consumption recorded a abrupt contraction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Sails Production in Ecuador

In value terms, sails production declined to $X in 2022 estimated in export price. Overall, production saw a abrupt downturn. The most prominent rate of growth was recorded in 2018 when the production volume increased by 30% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Sails Exports

Exports from Ecuador

In 2022, sails exports from Ecuador contracted markedly to X kg, shrinking by -68% on the previous year's figure. In general, exports recorded a dramatic decline. The pace of growth appeared the most rapid in 2018 with an increase of 2.5%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, sails exports amounted to $X in 2022. Over the period under review, exports showed a sharp descent. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X kg) was the main destination for sails exports from Ecuador, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at -34.0%.

In value terms, the United States ($X) also remains the key foreign market for sails exports from Ecuador.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to -38.5%.

Export Prices by Country

In 2022, the average sails export price amounted to $X per ton, growing by 251% against the previous year. Overall, the export price, however, saw a deep setback. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -6.8% per year.

Sails Imports

Imports into Ecuador

In 2022, sails imports into Ecuador surged to X kg, growing by 32% against 2021. Over the period under review, imports posted tangible growth. The most prominent rate of growth was recorded in 2019 with an increase of 1,023%. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, sails imports surged to $X in 2022. In general, imports, however, showed a mild reduction. The pace of growth was the most pronounced in 2019 when imports increased by 731%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X kg) constituted the largest sails supplier to Ecuador, with a 72% share of total imports. Moreover, sails imports from the United States exceeded the figures recorded by the second-largest supplier, Portugal (X kg), sixfold. Argentina (X kg) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at +16.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (0.0% per year) and Argentina (+2.4% per year).

In value terms, the United States ($X) constituted the largest supplier of sails to Ecuador, comprising 69% of total imports. The second position in the ranking was held by Argentina ($X), with a 14% share of total imports. It was followed by Germany, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at +12.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (-3.7% per year) and Germany (+4.6% per year).

Import Prices by Country

In 2022, the average sails import price amounted to $X per ton, shrinking by -1.8% against the previous year. In general, the import price showed a deep setback. The pace of growth was the most pronounced in 2016 when the average import price increased by 65%. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 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 Germany ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sails in the world?

China constituted the country with the largest volume of sail consumption, accounting for 16% of total volume. Moreover, sail consumption in China exceeded the figures recorded by the second-largest consumer, the Netherlands, twofold. India ranked third in terms of total consumption with a 6.6% share.

What are the largest producers of sails in the world?

China remains the largest sail producing country worldwide, accounting for 17% of total volume. Moreover, sail production in China exceeded the figures recorded by the second-largest producer, the Netherlands, twofold. The third position in this ranking was occupied by India, with a 6.6% share.

What are the leading suppliers of sails to Ecuador?

In value terms, the U.S. constituted the largest supplier of sail to Ecuador, comprising 68% of total imports. The second position in the ranking was occupied by Argentina, with a 24% share of total imports.

What is the average export price for sails in Ecuador?

In 2019, the average sail export price amounted to $87,545 per ton, declining by -24.2% against the previous year.

What is the average import price for sails in Ecuador?

In 2020, the average sail import price amounted to $51,058 per ton, reducing by -33.6% against the previous year.

This report provides an in-depth analysis of the sails 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 13922250 - Sails

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