Ecuador - Balls - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Ecuador - Balls - Market Analysis, Forecast, Size, Trends And Insights

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Ball Price in Ecuador - 2022

Contents:

  1. Ball Price in Ecuador (CIF) - 2022
  2. Ball Price in Ecuador (FOB) - 2022
  3. Ball Imports in Ecuador
  4. Ball Exports in Ecuador

Ball Price in Ecuador (CIF) - 2022

In January 2022, the average ball import price amounted to $534 per thousand units, which is down by -58.6% against the previous month. Over the period under review, the import price recorded a abrupt descent. The pace of growth was the most pronounced in November 2021 when the average import price increased by 145% against the previous month. The import price peaked at $2.6 per unit in February 2021; however, from March 2021 to January 2022, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($1.6 per unit), while the price for China stood at $465 per thousand units.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Thailand (+20.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Ball Price in Ecuador (FOB) - 2022

The average ball export price stood at $3.1 per unit in 2022, with a decrease of -24.9% against the previous year. Overall, the export price, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 117%. The export price peaked at $4.2 per unit in 2021, and then shrank significantly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($22 per unit), while the average price for exports to Switzerland ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+26.9%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Imports in Ecuador

In 2022, approx. 3M units of balls were imported into Ecuador; rising by 27% on 2021 figures. In general, imports, however, recorded a abrupt slump. Over the period under review, imports attained the maximum at 4.7M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, ball imports skyrocketed to $3.3M in 2022. Overall, imports, however, recorded a abrupt decrease. Over the period under review, imports attained the maximum at $4.4M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Ball in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,7519116101,502-5.0%
Thailand1,206745600665-18.0%
Pakistan410219212212-19.7%
Peru12811125.863.9-20.7%
United States54.421.316.826.7-21.1%
Others853444736832-0.8%
Total4,4022,4502,2003,302-9.1%

Top Suppliers of Ball to Ecuador in 2022:

  1. China (2200.2K units)
  2. Thailand (201.2K units)
  3. United States (72.4K units)
  4. Peru (49.3K units)
  5. Pakistan (48.0K units)

Ball Exports in Ecuador

In 2022, shipments abroad of balls increased by 45% to 15K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt slump. The exports peaked at 24K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, ball exports expanded remarkably to $46K in 2022. The total export value increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 14%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Ball in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa RicaN/A1.50.127.3326.6%
Peru31.90.935.916.7-19.4%
Switzerland1.20.10.40.6-20.6%
Panama1.234.20.60.3-37.0%
United Kingdom0.6N/A0.70.3-20.6%
Chile4.80.10.30.1-72.5%
NorwayN/AN/A2.9N/A0%
Others0.8N/A1.20.4-20.6%
Total40.536.842.145.74.1%

Top Export Markets for Ball from Ecuador in 2022:

  1. Costa Rica (9.8K units)
  2. Switzerland (2.5K units)
  3. United Kingdom (1.2K units)
  4. Peru (0.7K units)
  5. Chile (0.1K units)
  6. Panama (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ball 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 32301580 - Balls (excluding golf balls, table-tennis balls, medicine balls and punch balls)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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