Ecuador: Copper Sanitary Ware Market 2025

Copper Sanitary Ware Market Size in Ecuador

The Ecuadorian copper sanitary ware market surged to $X in 2021, increasing by 253% 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). Over the period under review, consumption recorded buoyant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Copper Sanitary Ware Exports

Exports from Ecuador

In 2021, after two years of decline, there was significant growth in shipments abroad of sanitary ware and parts of copper, when their volume increased by 33% to X kg. Overall, exports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2018 with an increase of 585% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, copper sanitary ware exports skyrocketed to $X in 2021. Over the period under review, exports enjoyed a measured increase. The pace of growth was the most pronounced in 2018 with an increase of 840% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X kg), Peru (X kg) and Bolivia (X kg) were the main destinations of copper sanitary ware exports from Ecuador, with a combined 46% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Bolivia (with a CAGR of +23.3%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Cuba ($X), Bolivia ($X) and the United States ($X) constituted the largest markets for copper sanitary ware exported from Ecuador worldwide, together accounting for 47% of total exports.

Bolivia, with a CAGR of +28.6%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average copper sanitary ware export price amounted to $X per ton, growing by 6% against the previous year. Over the period under review, the export price saw a strong expansion. The growth pace was the most rapid in 2017 an increase of 161%. The export price peaked in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Cuba ($X per ton), while the average price for exports to the Dominican Republic ($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 Cuba (+29.9%), while the prices for the other major destinations experienced more modest paces of growth.

Copper Sanitary Ware Imports

Imports into Ecuador

In 2021, copper sanitary ware imports into Ecuador surged to X tons, rising by 277% against the previous year. Overall, imports showed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, copper sanitary ware imports surged to $X in 2021. In general, imports showed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) was the main supplier of copper sanitary ware to Ecuador, accounting for a 94% share of total imports. It was followed by Colombia (X kg), with a 0.8% share of total imports. Peru (X kg) ranked third in terms of total imports with a 0.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +19.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (-8.8% per year) and Peru (-38.9% per year).

In value terms, China ($X) constituted the largest supplier of sanitary ware and parts of copper to Ecuador, comprising 85% of total imports. The second position in the ranking was taken by Colombia ($X), with a 5.4% share of total imports. It was followed by Peru, with a 0.3% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +14.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (+0.4% per year) and Peru (-32.0% per year).

Import Prices by Country

The average copper sanitary ware import price stood at $X per ton in 2021, declining by -11.8% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 16% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Colombia ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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