Report Update Nov 1, 2024

Ecuador - Unvulcanised Rubber - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Unvulcanised Rubber Market 2024

Unvulcanised Rubber Market Size in Ecuador

In 2021, after three years of decline, there was growth in the Ecuadorian unvulcanised rubber market, when its value increased by 3.7% to $X. Overall, consumption saw a pronounced reduction. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Unvulcanised Rubber Exports

Exports from Ecuador

In 2020, approx. X kg of unvulcanised rubber were exported from Ecuador; dropping by -38.1% compared with the year before. In general, exports saw a significant curtailment. The pace of growth appeared the most rapid in 2013 with an increase of 29%. As a result, the exports reached the peak of X tons. From 2014 to 2020, the growth of the exports remained at a lower figure.

In value terms, unvulcanised rubber exports contracted rapidly to $X in 2020. Overall, exports faced a precipitous curtailment. The smallest decline of -9.6% was in 2013. The exports peaked at $X in 2012; however, from 2013 to 2020, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X kg) was the main destination for unvulcanised rubber exports from Ecuador, accounting for a approx. 99% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to the United Arab Emirates was relatively modest.

From 2012 to 2020, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest.

Export Prices by Country

The average unvulcanised rubber export price stood at $X per ton in 2020, declining by -4.3% against the previous year. Overall, the export price saw a deep setback. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2020, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2020, the rate of growth in terms of prices for Mexico amounted to -30.5% per year.

Unvulcanised Rubber Imports

Imports into Ecuador

In 2021, purchases abroad of unvulcanised rubber decreased by -2.8% to X tons, falling for the third consecutive year after two years of growth. Overall, imports saw a pronounced reduction. The most prominent rate of growth was recorded in 2013 with an increase of 116%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, unvulcanised rubber imports amounted to $X in 2021. Over the period under review, imports recorded a noticeable contraction. The most prominent rate of growth was recorded in 2013 when imports increased by 200% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Brazil (X tons), Mexico (X tons) and Peru (X tons) were the main suppliers of unvulcanised rubber imports to Ecuador, with a combined 62% share of total imports. These countries were followed by Spain, Colombia, Uruguay, China and the United States, which together accounted for a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +36.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest unvulcanised rubber suppliers to Ecuador were Mexico ($X), Peru ($X) and Brazil ($X), together accounting for 53% of total imports. China, Colombia, Uruguay, Spain and the United States lagged somewhat behind, together comprising a further 33%.

In terms of the main suppliers, China, with a CAGR of +73.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average unvulcanised rubber import price stood at $X per ton in 2021, surging by 8.9% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 39% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+27.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for unvulcanised rubber in the world?

China constituted the country with the largest volume of unvulcanised rubber consumption, accounting for 26% of total volume. Moreover, unvulcanised rubber consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was occupied by India, with a 9.3% share.

What are the largest producers of unvulcanised rubber in the world?

China constituted the country with the largest volume of unvulcanised rubber production, comprising approx. 25% of total volume. Moreover, unvulcanised rubber production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by India, with an 8.8% share.

What are the leading suppliers of unvulcanised rubber to Ecuador?

In value terms, the largest unvulcanised rubber suppliers to Ecuador were Mexico, Peru and Brazil, with a combined 76% share of total imports.

What is the average export price for unvulcanised rubber in Ecuador?

The average unvulcanised rubber export price stood at $1,548 per ton in 2020, therefore, remained relatively stable against the previous year.

What is the average import price for unvulcanised rubber in Ecuador?

In 2020, the average unvulcanised rubber import price amounted to $3,352 per ton, growing by 4.9% against the previous year.

This report provides an in-depth analysis of the unvulcanised rubber market in Ecuador. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22192013 - Rubber compounded with carbon black or silica, unvulcanised

Country coverage:

Ecuador

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ecuador
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023