Report Update Nov 1, 2024

Ecuador - Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Pyrotechnic Articles Market 2024

Pyrotechnic Articles Market Size in Ecuador

The Ecuadorian pyrotechnic articles market dropped dramatically to $X in 2021, waning by -80.3% 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 recorded a sharp curtailment. Pyrotechnic articles consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Pyrotechnic Articles Exports

Exports from Ecuador

In 2018, shipments abroad of signalling flares, rain rockets, fog signals and other pyrotechnic articles decreased by 0% to X kg, falling for the third consecutive year after four years of growth. Over the period under review, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 45% against the previous year. As a result, the exports attained the peak of X kg. From 2016 to 2018, the growth of the exports failed to regain momentum.

In value terms, pyrotechnic articles exports stood at $X in 2018. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 353% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2018, the growth of the exports failed to regain momentum.

Exports by Country

From 2012 to 2018, the average annual growth rate of volume to No country was relatively modest.

From 2012 to 2018, the average annual rate of growth in terms of value to No country was relatively modest.

Pyrotechnic Articles Imports

Imports into Ecuador

For the third consecutive year, Ecuador recorded decline in purchases abroad of signalling flares, rain rockets, fog signals and other pyrotechnic articles, which decreased by -80.5% to X kg in 2021. Overall, imports showed a sharp decrease. The pace of growth appeared the most rapid in 2014 when imports increased by 106%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, pyrotechnic articles imports reduced sharply to $X in 2021. In general, imports faced a dramatic curtailment. The pace of growth was the most pronounced in 2018 with an increase of 157%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Italy (X kg) constituted the largest supplier of pyrotechnic articles to Ecuador, with a 87% share of total imports. It was followed by the United States (X kg), with a 2.9% share of total imports. The third position in this ranking was held by Sweden (X kg), with a 2.2% share.

From 2012 to 2021, the average annual growth rate of volume from Italy amounted to -10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-35.1% per year) and Sweden (-28.9% per year).

In value terms, Italy ($X) constituted the largest supplier of signalling flares, rain rockets, fog signals and other pyrotechnic articles to Ecuador, comprising 84% of total imports. The second position in the ranking was taken by Sweden ($X), with a 5.2% share of total imports. It was followed by the United States, with a 3.1% share.

From 2012 to 2021, the average annual growth rate of value from Italy totaled -11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-26.9% per year) and the United States (-37.7% per year).

Import Prices by Country

In 2021, the average pyrotechnic articles import price amounted to $X per ton, flattening at the previous year. In general, import price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, pyrotechnic articles import price increased by +64.2% against 2017 indices. The growth pace was the most rapid in 2018 when the average import price increased by 38% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+2.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for signalling flares, rain rockets, fog signals and other pyrotechnic articles in the world?

The countries with the highest volumes of pyrotechnic articles consumption in 2021 were China, the United States and India, with a combined 45% share of global consumption. These countries were followed by the UK, Pakistan, Brazil, Indonesia, Russia, Afghanistan, Mexico, France, Ethiopia and Turkey, which together accounted for a further 29%.

What are the largest producers of signalling flares, rain rockets, fog signals and other pyrotechnic articles in the world?

China constituted the country with the largest volume of pyrotechnic articles production, accounting for 25% of total volume. Moreover, pyrotechnic articles production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 7.6% share.

What are the leading suppliers of signalling flares, rain rockets, fog signals and other pyrotechnic articles to Ecuador?

In value terms, Italy constituted the largest supplier of pyrotechnic articles to Ecuador, comprising 82% of total imports. The second position in the ranking was occupied by the United States, with an 11% share of total imports. It was followed by Sweden, with a 5% share.

What are the leading importers of signalling flares, rain rockets, fog signals and other pyrotechnic articles from Ecuador?

In value terms, Peru $825) remains the key foreign market for pyrotechnic articles exports from Ecuador.

What is the average export price for signalling flares, rain rockets, fog signals and other pyrotechnic articles in Ecuador?

In 2014, the average pyrotechnic articles export price amounted to $9,706 per ton, dropping by -7.1% against the previous year.

What is the average import price for signalling flares, rain rockets, fog signals and other pyrotechnic articles in Ecuador?

In 2021, the average pyrotechnic articles import price amounted to $46,792 per ton, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the pyrotechnic articles 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 20511400 - Signalling flares, rain rockets, fog signals and other pyrotechnic articles (excluding fireworks)

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