Ecuador - Agricultural Harvesters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAgricultural Harvester Price in Ecuador - 2022
Contents:
- Agricultural Harvester Price in Ecuador (CIF) - 2022
- Agricultural Harvester Price in Ecuador (FOB) - 2022
- Agricultural Harvester Imports in Ecuador
- Agricultural Harvester Exports in Ecuador
Agricultural Harvester Price in Ecuador (CIF) - 2022
The average agricultural harvester import price stood at $17,323 per unit in 2022, declining by -14.4% against the previous year. Over the period under review, the import price faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 an increase of 4.6%. Over the period under review, average import prices attained the maximum at $60,557 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 the United States ($68,683 per unit), while the price for India ($1,340 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 (-1.9%), while the prices for the other major suppliers experienced a decline.
Agricultural Harvester Price in Ecuador (FOB) - 2022
The average agricultural harvester export price stood at $64,120 per unit in 2022, increasing by 87% against the previous year. In general, the export price enjoyed a strong expansion. The pace of growth appeared the most rapid in 2018 an increase of 229% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the near future.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($69,785 per unit), while the average price for exports to Peru totaled $61,288 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+101.7%), while the prices for the other major destinations experienced more modest paces of growth.
Agricultural Harvester Imports in Ecuador
In 2022, after three years of growth, there was significant decline in purchases abroad of agricultural harvesters, when their volume decreased by -40.8% to 356 units. Over the period under review, imports, however, recorded strong growth. The most prominent rate of growth was recorded in 2020 when imports increased by 85% against the previous year. Imports peaked at 601 units in 2021, and then contracted notably in the following year.
In value terms, agricultural harvester imports dropped significantly to $6.2M in 2022. In general, imports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2020 with an increase of 88% against the previous year. Imports peaked at $12M in 2021, and then reduced remarkably in the following year.
| Import of Agricultural Harvester in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.5 | 6.4 | 4.8 | 3.6 | 12.9% |
| Brazil | 0.3 | 0.3 | 4.4 | 1.8 | 81.7% |
| United States | 0.1 | 0.2 | 0.4 | 0.5 | 71.0% |
| South Korea | N/A | N/A | N/A | N/A | 0% |
| India | 0.2 | N/A | 0.1 | N/A | -29.3% |
| Others | 1.6 | 1.9 | 2.4 | 0.3 | -42.8% |
| Total | 4.7 | 8.9 | 12.2 | 6.2 | 9.7% |
Top Suppliers of Agricultural Harvester to Ecuador in 2022:
- China (283.0 units)
- Brazil (34.0 units)
- India (15.0 units)
- United States (7.0 units)
Agricultural Harvester Exports in Ecuador
In 2022, agricultural harvester exports from Ecuador skyrocketed to 3 units, rising by 50% on the previous year's figure. In general, exports, however, recorded a abrupt contraction. The exports peaked at 4 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, agricultural harvester exports skyrocketed to $192K in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Agricultural Harvester in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 18.8 | 26.3 | 22.9 | 123 | 87.0% |
| Guatemala | N/A | N/A | N/A | 69.8 | 0% |
| Poland | 38.7 | N/A | N/A | N/A | 0% |
| Sudan | 23.6 | 31.2 | 45.8 | N/A | 39.3% |
| Colombia | 13.7 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 94.8 | 57.5 | 68.6 | 192 | 26.5% |
Top Export Markets for Agricultural Harvester from Ecuador in 2022:
- Peru (2.0 units)
- Guatemala (1.0 units)
This report provides an in-depth analysis of the agricultural harvester 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 28305915 - Combine harvester-threshers
- Prodcom 28305930 - Agricultural threshing machinery (excluding combine harvester-threshers)
- Prodcom 28305945 - Forage harvesters (excluding self-propelled)
- Prodcom 28305960 - Forage harvesters, self-propelled
- Prodcom 28305970 - Harvesting machines (excluding combine harvester threshers, root or tuber harvesting machines, forage harvesters)
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The agricultural industry plays a vital role in the global economy, and one of the key components in modern farming is the agricultural harvester. These advanced machines have revolutionized the way crops are harvested, enhancing efficiency and productivity in the agricultural sector. As demand for agricultural harvesters continues to rise, it is important to identify the top import markets for these essential farming machines. According to data from the IndexBox market intelligence platform, the following countries are the world's top importers of agricultural harvesters in terms of import value in 2022: United States - 1.3 Billion USD, Canada - 1.0 Billion USD, Russia - 554.7 Million USD, Australia - 513.2 Million USD, France - 464.8 Million USD, China - 360.6 Million USD, Poland - 265.6 Million USD, Germany - 217.1 Million USD, Brazil - 216.6 Million USD, Romania - 213.9 Million USD. These figures highlight the significant investment that these countries are making in their agricultural sectors and the importance of agricultural harvesters in their farming operations. The United States takes the top spot as the world's largest importer of agricultural harvesters with an import value of 1.3 billion USD in 2022. The country's vast agricultural industry, coupled with a focus on advanced farming technologies, drives the demand for agricultural harvesters. Canada follows closely as the second-largest importer of agricultural harvesters, with an import value of 1.0 billion USD in 2022. The country's extensive agricultural sector, which covers a diverse range of crops, necessitates the use of efficient farming machinery. Russia ranks third in terms of import value, importing agricultural harvesters worth 554.7 million USD in 2022. The country's agricultural sector has experienced significant growth in recent years, driven by government support and a focus on increasing agricultural productivity. Australia is another prominent market for agricultural harvesters, importing machinery worth 513.2 million USD in 2022. The country's agricultural sector faces unique challenges, including a harsh climate and vast agricultural lands. France, known for its advanced agricultural practices, imports agricultural harvesters valuing 464.8 million USD in 2022. The country has been at the forefront of precision agriculture, utilizing technology-driven farming methods to optimize resource allocation and increase overall productivity. The remaining countries on the list, including China, Poland, Germany, Brazil, and Romania, also showcase the global demand for agricultural harvesters. These countries recognize the importance of investing in modern farming machinery to meet the growing demands of their agricultural sectors. Agricultural harvesters allow farmers in these countries to streamline their harvesting processes, increase productivity, and stay competitive in the global market. The data from IndexBox's market intelligence platform highlights the key import markets for agricultural harvesters, providing valuable insights into the global demand for these machines. As the agricultural industry continues to evolve, the import markets for agricultural harvesters are likely to witness further growth and development. IndexBox's market intelligence platform provides comprehensive data and insights into various industries, including agriculture. It enables businesses to make informed decisions, identify market trends, and understand the competitive landscape. With a wealth of data at their disposal, businesses can leverage IndexBox's platform to maximize their opportunities in the global market.
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