Ecuador: Non-Knitted Women Apparel Market 2022

Non-Knitted Women Apparel Market Size in Ecuador

The Ecuadorian non-knitted women apparel market soared to $X in 2021, growing by X% against the previous year. Over the period under review, the total consumption indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -X% against 2019 indices. Non-knitted women apparel consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Non-Knitted Women Apparel Production in Ecuador

In value terms, non-knitted women apparel production reduced to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Non-knitted women apparel production peaked at $X in 2020, and then contracted in the following year.

Non-Knitted Women Apparel Exports

Exports from Ecuador

Non-knitted women apparel exports from Ecuador declined modestly to X units in 2021, standing approx. at the previous year's figure. Overall, exports, however, recorded a mild increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, non-knitted women apparel exports expanded markedly to $X in 2021. In general, total exports indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2013 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for non-knitted women apparel exports from Ecuador, accounting for a X% share of total exports. Moreover, non-knitted women apparel exports to the United States exceeded the volume sent to the second major destination, Chile (X units), fourfold. Peru (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (-X% per year) and Peru (+X% per year).

In value terms, Chile ($X), the United States ($X) and Peru ($X) constituted the largest markets for non-knitted women apparel exported from Ecuador worldwide.

In terms of the main countries of destination, Italy, 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

In 2021, the average non-knitted women apparel export price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Chile ($X per unit), while the average price for exports to Peru ($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 Chile (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Knitted Women Apparel Imports

Imports into Ecuador

Non-knitted women apparel imports into Ecuador skyrocketed to X units in 2021, growing by X% against 2020. Overall, total imports indicated modest growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2019 indices. Over the period under review, imports attained the peak figure at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, non-knitted women apparel imports soared to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest non-knitted women apparel supplier to Ecuador, with a X% share of total imports. Moreover, non-knitted women apparel imports from China exceeded the figures recorded by the second-largest supplier, Colombia (X units), threefold. The third position in this ranking was taken by Bangladesh (X units), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (+X% per year) and Bangladesh (+X% per year).

In value terms, China ($X), Colombia ($X) and Turkey ($X) constituted the largest non-knitted women apparel suppliers to Ecuador, with a combined X% share of total imports. Bangladesh, Cambodia, Vietnam, Morocco and Peru lagged somewhat behind, together accounting for a further X the main suppliers, Bangladesh, with a CAGR of +X%, 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 more modest paces of growth.

Import Prices by Country

In 2021, the average non-knitted women apparel import price amounted to $X per unit, which is down by -X% against the previous year. In general, the import price showed a slight slump. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Morocco ($X per unit), while the price for Peru ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :