Ecuador: China Statuette Market 2024

China Statuette Market Size in Ecuador

The Ecuadorian china statuette market declined significantly to $X in 2022, waning by X% 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, however, posted a prominent expansion. As a result, consumption reached the peak level of $X, and then dropped rapidly in the following year.

China Statuette Exports

Exports from Ecuador

In 2022, exports of statuettes of porcelain or china from Ecuador rose notably to X kg, surging by X% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate a sharp downturn. The pace of growth was the most pronounced in 2014 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, china statuette exports amounted to $X in 2022. Overall, exports, however, showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Panama (X kg), Romania (X kg) and New Zealand (X kg) were the main destinations of china statuette exports from Ecuador, together comprising X% of total exports. Honduras, the United States, Guatemala, Canada, Costa Rica, Chile, Germany, France, Peru and Italy lagged somewhat behind, together comprising a further X%. Moreover, china statuette exports in Panama exceeded the figures recorded by the second-largest exporter, Romania, twofold.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for china statuette exported from Ecuador were the United States ($X), Romania ($X) and Panama ($X), with a combined X% share of total exports. Italy, France, Chile, New Zealand, Canada, Germany, Costa Rica, Honduras, Peru and Guatemala lagged somewhat behind, together accounting for a further X%. Moreover, china statuette exports in the United States exceeded the figures recorded by the second-largest exporter, Romania, twofold.

Among the main countries of destination, Costa Rica, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average china statuette export price stood at $X per ton in 2022, shrinking by X% against the previous year. In general, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, china statuette export price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Honduras ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

China Statuette Imports

Imports into Ecuador

In 2022, the amount of statuettes of porcelain or china imported into Ecuador declined rapidly to X tons, reducing by X% against the year before. In general, imports, however, recorded pronounced growth. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of X tons, and then fell notably in the following year.

In value terms, china statuette imports shrank significantly to $X in 2022. Over the period under review, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then dropped dramatically in the following year.

Imports by Country

Colombia (X tons), China (X tons) and Spain (X tons) were the main suppliers of china statuette imports to Ecuador, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Colombia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of statuettes of porcelain or china to Ecuador, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Colombia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Spain stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Colombia (X% per year).

Import Prices by Country

The average china statuette import price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the import price, however, showed a strong expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then contracted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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