Ecuador: Tuner Block Market 2025

Tuner Block Market Size in Ecuador

The Ecuadorian tuner block market surged to $X in 2022, growing by 49% 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, showed a deep slump. Tuner block consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Tuner Block Exports

Exports from Ecuador

In value terms, tuner block exports fell rapidly to $X in 2022. Overall, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2016 with an increase of 1,146%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units), Malaysia (X units) and Guatemala (X units) were the main destinations of tuner block exports from Ecuador, together comprising 96% of total exports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +46.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X) remains the key foreign market for tuner blocks exports from Ecuador, comprising 69% of total exports. The second position in the ranking was held by the United States ($X), with a 22% share of total exports. It was followed by Guatemala, with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Malaysia totaled +11.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-15.3% per year) and Guatemala (+19.4% per year).

Export Prices by Country

The average tuner block export price stood at $X per unit in 2022, picking up by 1.7% against the previous year. Over the period under review, the export price posted a measured increase. The pace of growth appeared the most rapid in 2014 an increase of 523% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while the average price for exports to the United States ($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 Guatemala (+2.7%), while the prices for the other major destinations experienced a decline.

Tuner Block Imports

Imports into Ecuador

In 2022, the amount of tuner blocks imported into Ecuador surged to X units, with an increase of 44% against the previous year's figure. In general, imports, however, continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2014 with an increase of 103% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, tuner block imports soared to $X in 2022. Overall, imports, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 65%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Mexico (X units) and Taiwan (Chinese) (X units) were the main suppliers of tuner block imports to Ecuador, together comprising 90% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +5.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Mexico ($X), China ($X) and the United States ($X) appeared to be the largest tuner block suppliers to Ecuador, together accounting for 83% of total imports.

Among the main suppliers, China, with a CAGR of -4.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average tuner block import price amounted to $X per unit, rising by 5.6% against the previous year. Overall, the import price, however, continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 15% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Thailand ($X per unit), while the price for Hong Kong SAR ($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 United States (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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