Report Update: Apr 1, 2024

Ecuador - Athletic Footwear - Market Analysis, Forecast, Size, Trends and Insights

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Athletic Footwear Price in Ecuador - 2022

Athletic Footwear Price in Ecuador (CIF) - 2022

The average athletic footwear import price stood at $53.7 per pair in January 2022, reducing by -6.2% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2021 when the average import price increased by 20% m-o-m. The import price peaked at $57.2 per pair in December 2021, and then declined in the following month.

There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was China ($67.3 per pair), while the price for Brazil ($28.9 per pair) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by China (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Athletic Footwear Price in Ecuador (FOB) - 2022

In 2022, the average athletic footwear export price amounted to $22 per pair, growing by 28% against the previous year. Over the period under review, the export price, however, continues to indicate a mild setback. The export price peaked at $34 per pair in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($24 per pair), while the average price for exports to Peru stood at $20 per pair.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (-0.5%).

Athletic Footwear Imports in Ecuador

In 2022, the amount of athletic footwear imported into Ecuador declined markedly to 991K pairs, falling by -15.6% compared with 2021 figures. Over the period under review, imports saw a perceptible shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year. As a result, imports attained the peak of 1.2M pairs, and then fell sharply in the following year.

In value terms, athletic footwear imports dropped rapidly to $25M in 2022. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 56%. As a result, imports reached the peak of $31M, and then declined remarkably in the following year.

Import of Athletic Footwear in Ecuador (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Vietnam	12.5	10.9	17.6	14.1	4.1%
Indonesia	6.0	4.1	7.9	6.3	1.6%
China	5.4	3.5	3.2	3.2	-16.0%
Brazil	1.1	0.2	1.1	0.9	-6.5%
Cambodia	0.2	0.1	0.6	0.5	35.7%
Others	0.1	0.7	0.2	0.2	26.0%
Total	25.3	19.6	30.6	25.1	-0.3%

Top Suppliers of Athletic Footwear to Ecuador in 2022:

Vietnam (504.0K pairs)
Indonesia (239.0K pairs)
China (158.7K pairs)
Brazil (58.0K pairs)
Cambodia (24.6K pairs)

Athletic Footwear Exports in Ecuador

In 2022, shipments abroad of athletic footwear decreased by -15.7% to 70K pairs for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 64% against the previous year. Over the period under review, the exports attained the maximum at 84K pairs in 2021, and then declined markedly in the following year.

In value terms, athletic footwear exports expanded sharply to $1.5M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -7.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 54%. As a result, the exports attained the peak of $1.6M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Athletic Footwear in Ecuador (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Peru	804	920	779	879	3.0%
Colombia	247	714	598	641	37.4%
Others	7.0	0.2	28.2	N/A	100.7%
Total	1,058	1,634	1,405	1,520	12.8%

Top Export Markets for Athletic Footwear from Ecuador in 2022:

Peru (43.7K pairs)
Colombia (26.8K pairs)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the athletic footwear 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 15202100 - Sports footwear with rubber or plastic outer soles and textile uppers (including tennis shoes, basketball shoes, gym shoes, t raining shoes and the like)

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