Ecuador: Market for Ultraviolet Or Infrared Lamps And Arc Lamps 2025

Market Size for Ultraviolet Or Infrared Lamps And Arc Lamps in Ecuador

In 2021, the Ecuadorian market for ultraviolet or infrared lamps and arc lamps decreased by -50.9% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption, however, enjoyed a buoyant expansion. As a result, consumption reached the peak level of $X, and then fell dramatically in the following year.

Exports of Ultraviolet Or Infrared Lamps And Arc Lamps

Exports from Ecuador

Ultraviolet, infrared, or arc lamp exports from Ecuador contracted significantly to X units in 2021, with a decrease of -90.9% compared with 2020 figures. Over the period under review, exports showed a precipitous curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 4,550%. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, ultraviolet, infrared, or arc lamp exports shrank sharply to $X in 2021. In general, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 2,541%. As a result, the exports attained the peak of $X, and then dropped notably in the following year.

Exports by Country

Grenada (X units), Switzerland (X units) and the United States (X units) were the main destinations of ultraviolet, infrared, or arc lamp exports from Ecuador, together accounting for 82% of total exports. Moreover, ultraviolet, infrared, or arc lamp exports in Grenada exceeded the figures recorded by the second-largest exporter, Switzerland, twofold.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Grenada (with a CAGR of 0.0%), while the other leaders experienced a decline.

In value terms, the largest markets for ultraviolet, infrared, or arc lamp exported from Ecuador were the United States ($X), France ($X) and Switzerland ($X), with a combined 77% share of total exports. These countries were followed by Grenada, which accounted for a further 0.5%.

Grenada, with a CAGR of 0.0%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for ultraviolet or infrared lamps and arc lamps stood at $X per unit in 2021, waning by -16.5% against the previous year. In general, the export price, however, recorded a noticeable expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 61%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was France ($X per unit), while the average price for exports to Grenada ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+76.1%), while the prices for the other major destinations experienced a decline.

Imports of Ultraviolet Or Infrared Lamps And Arc Lamps

Imports into Ecuador

In 2021, after two years of growth, there was significant decline in overseas purchases of ultraviolet or infrared lamps and arc lamps, when their volume decreased by -60.2% to X units. In general, imports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2020 with an increase of 329% against the previous year. As a result, imports attained the peak of X units, and then shrank sharply in the following year.

In value terms, ultraviolet, infrared, or arc lamp imports declined remarkably to $X in 2021. Overall, imports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of 185% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of ultraviolet, infrared, or arc lamp to Ecuador, accounting for a 83% share of total imports. Moreover, ultraviolet, infrared, or arc lamp imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +25.8%.

In value terms, the United States ($X) constituted the largest supplier of ultraviolet or infrared lamps and arc lamps to Ecuador, comprising 64% of total imports. The second position in the ranking was held by China ($X), with a 22% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the United States stood at +12.0%.

Import Prices by Country

The average import price for ultraviolet or infrared lamps and arc lamps stood at $X per unit in 2021, growing by 95% against the previous year. Overall, the import price, however, recorded a noticeable shrinkage. The growth pace was the most rapid in 2015 an increase of 129% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+10.1%).

Source: IndexBox Platform

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