Ecuador: Scrapers Excavator Market 2025

Scrapers Excavator Market Size in Ecuador

After two years of decline, the Ecuadorian scrapers excavator market increased by 25% to $X in 2022. Over the period under review, consumption, however, faced a significant decline. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Scrapers Excavator Exports

Exports from Ecuador

In 2022, scrapers excavator exports from Ecuador stood at X units, approximately equating 2021 figures. In general, exports recorded prominent growth. The growth pace was the most rapid in 2017 when exports increased by 625%. Over the period under review, the exports attained the maximum at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, scrapers excavator exports contracted to $X in 2022. Over the period under review, exports enjoyed resilient growth. The pace of growth appeared the most rapid in 2017 when exports increased by 598%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Peru (X units) was the main destination for scrapers excavator 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 Peru amounted to +14.9%.

In value terms, Peru ($X) also remains the key foreign market for scrapers earth moving, excavating, extracting machinery (not self-propelled) exports from Ecuador.

From 2012 to 2022, the average annual growth rate of value to Peru amounted to +36.6%.

Export Prices by Country

The average scrapers excavator export price stood at $X per unit in 2022, with a decrease of -8% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 165% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 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 Peru.

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to +11.8% per year.

Scrapers Excavator Imports

Imports into Ecuador

After three years of decline, purchases abroad of scrapers earth moving, excavating, extracting machinery (not self-propelled) increased by 21% to X units in 2022. In general, imports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2017 with an increase of 208%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, scrapers excavator imports skyrocketed to $X in 2022. Overall, imports, however, showed a dramatic contraction. The most prominent rate of growth was recorded in 2017 with an increase of 204% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Germany (X units) and South Africa (X units) were the main suppliers of scrapers excavator imports to Ecuador, with a combined 81% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +33.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest scrapers excavator suppliers to Ecuador were China ($X), South Africa ($X) and the United States ($X), together comprising 64% of total imports.

China, with a CAGR of +34.3%, 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 scrapers excavator import price stood at $X per unit in 2022, surging by 2.8% against the previous year. Over the period under review, the import price, however, saw a deep contraction. The pace of growth was the most pronounced in 2014 when the average import price increased by 13%. Over the period under review, average import prices attained the maximum 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 the UK ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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