Ecuador: Tv With Reception Market 2024

Tv With Reception Market Size in Ecuador

In 2022, the Ecuadorian TV with reception market increased by X% to $X for the first time since 2015, thus ending a six-year declining trend. In general, consumption, however, recorded a sharp decline. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Tv With Reception Exports

Exports from Ecuador

In 2022, after two years of decline, there was significant growth in shipments abroad of transmission apparatus for radio-broadcasting and television (with reception apparatus), when their volume increased by X% to X units. Over the period under review, exports showed resilient growth. The pace of growth was the most pronounced in 2016 when exports increased by X%. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, TV with reception exports surged to $X in 2022. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Colombia (X units) was the main destination for TV with reception exports from Ecuador, accounting for a X% share of total exports. Moreover, TV with reception exports to Colombia exceeded the volume sent to the second major destination, the UK (X units), threefold. Australia (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Colombia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Australia (X% per year).

In value terms, the largest markets for TV with reception exported from Ecuador were the UK ($X), Colombia ($X) and Italy ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Colombia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average TV with reception export price stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the export price posted a resilient expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Chile ($X per unit) was amongst the lowest.

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

Tv With Reception Imports

Imports into Ecuador

After six years of decline, overseas purchases of transmission apparatus for radio-broadcasting and television (with reception apparatus) increased by X% to X units in 2022. In general, imports, however, faced a abrupt decrease. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, TV with reception imports surged to $X in 2022. Overall, imports, however, continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest TV with reception supplier to Ecuador, accounting for a X% share of total imports. Moreover, TV with reception imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), fivefold. Hong Kong SAR (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Hong Kong SAR (X% per year).

In value terms, the largest TV with reception suppliers to Ecuador were China ($X), Taiwan (Chinese) ($X) and Argentina ($X), with a combined X% share of total imports.

Taiwan (Chinese), with a CAGR of X%, saw the highest growth rate of the value of imports, among 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 TV with reception import price stood at $X per unit in 2022, stabilizing at the previous year. In general, the import price faced a deep slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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