Ecuador: Concrete Tile Market 2024

Concrete Tile Market Size in Ecuador

The Ecuadorian concrete tile market declined slightly to $X in 2022, which is down by -1.9% against the previous year. In general, consumption saw a abrupt decline. Concrete tile consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Concrete Tile Production in Ecuador

In value terms, concrete tile production shrank slightly to $X in 2022 estimated in export price. In general, production recorded a abrupt decline. The pace of growth was the most pronounced in 2021 when the production volume increased by 0.4%. Concrete tile production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Concrete Tile Exports

Exports from Ecuador

In 2022, overseas shipments of tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone decreased by -26.5% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2019 when exports increased by 484%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, concrete tile exports declined slightly to $X in 2022. Overall, exports recorded a deep slump. The growth pace was the most rapid in 2019 when exports increased by 581% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for concrete tile exports from Ecuador, with a 98% share of total exports. It was followed by Canada (X kg), with a 2.4% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at -6.6%.

In value terms, the United States ($X) remains the key foreign market for tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone exports from Ecuador, comprising 95% of total exports. The second position in the ranking was held by Canada ($X), with a 4.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to -9.7%.

Export Prices by Country

In 2022, the average concrete tile export price amounted to $X per ton, jumping by 32% against the previous year. In general, the export price, however, continues to indicate a mild reduction. The pace of growth was the most pronounced in 2014 an increase of 109%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+7.5%), while the prices for the other major destinations experienced a decline.

Concrete Tile Imports

Imports into Ecuador

In 2022, approx. X tons of tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone were imported into Ecuador; waning by -21.6% on 2021. In general, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of 130% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then reduced notably in the following year.

In value terms, concrete tile imports reduced to $X in 2022. Overall, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of 104% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of concrete tile to Ecuador, with a 80% share of total imports. Moreover, concrete tile imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold. The third position in this ranking was held by India (X tons), with a 2.4% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +35.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+36.2% per year) and India (-9.0% per year).

In value terms, China ($X) constituted the largest supplier of tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone to Ecuador, comprising 83% of total imports. The second position in the ranking was held by Italy ($X), with a 4.7% share of total imports. It was followed by India, with a 2.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +36.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+23.5% per year) and India (-10.7% per year).

Import Prices by Country

The average concrete tile import price stood at $X per ton in 2022, picking up by 12% against the previous year. Overall, the import price, however, continues to indicate a slight slump. The pace of growth was the most pronounced in 2015 when the average import price increased by 38%. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 India ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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