Ecuador - Public-Transport Passenger Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBus Price in Ecuador - 2022
Contents:
- Bus Price in Ecuador (CIF) - 2022
- Bus Price in Ecuador (FOB) - 2022
- Bus Imports in Ecuador
- Bus Exports in Ecuador
Bus Price in Ecuador (CIF) - 2022
The average bus import price stood at $56,801 per unit in January 2022, shrinking by -11.2% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in June 2021 when the average import price increased by 65% m-o-m. As a result, import price attained the peak level of $73,906 per unit; afterwards, it flattened through to January 2022.
Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($84,627 per unit), while the price for China amounted to $49,300 per unit.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by South Korea (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Bus Price in Ecuador (FOB) - 2022
In 2022, the average bus export price amounted to $13,000 per unit, which is down by -79.5% against the previous year. In general, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2014 an increase of 4.2% against the previous year. The export price peaked at $86,309 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to -1.2% per year.
Bus Imports in Ecuador
In 2022, supplies from abroad of public-transport type passenger motor vehicles increased by 51% to 696 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a precipitous decline. Imports peaked at 1.4K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, bus imports surged to $40M in 2022. In general, imports, however, saw a dramatic decrease. Imports peaked at $99M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Bus in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 45.1 | 17.6 | 16.0 | 28.8 | -13.9% |
| Brazil | 42.8 | 6.6 | 6.1 | 5.4 | -49.8% |
| South Korea | 1.5 | 0.6 | 0.4 | 3.1 | 27.4% |
| Germany | 0.6 | 1.1 | 0.9 | 2.9 | 69.1% |
| Turkey | 6.8 | 2.3 | 2.3 | N/A | -41.8% |
| Others | 2.0 | 2.4 | 1.2 | 0.2 | -53.6% |
| Total | 98.9 | 30.6 | 26.8 | 40.5 | -25.7% |
Top Suppliers of Bus to Ecuador in 2022:
- China (565.0 units)
- Brazil (60.0 units)
- South Korea (41.0 units)
- Germany (29.0 units)
Bus Exports in Ecuador
For the third consecutive year, Ecuador recorded decline in overseas shipments of public-transport type passenger motor vehicles, which decreased by -90% to 1 units in 2022. In general, exports recorded a precipitous descent. The smallest decline of -14.3% was in 2020. The exports peaked at 14 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, bus exports declined rapidly to $13K in 2022. Over the period under review, exports continue to indicate a significant decline. The smallest decline of -18.9% was in 2021. Over the period under review, the exports hit record highs at $964K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Bus in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 13.0 | 0% |
| Venezuela | 676 | 537 | 423 | N/A | -20.9% |
| Dominican Republic | 4.1 | 3.9 | 3.6 | N/A | -6.3% |
| Colombia | 284 | 240 | 202 | N/A | -15.7% |
| Germany | N/A | N/A | 6.4 | N/A | 0% |
| Panama | N/A | 1.6 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 964 | 782 | 635 | 13.0 | -76.2% |
Top Export Markets for Bus from Ecuador in 2022:
- United States (1.0 units)
This report provides an in-depth analysis of the bus 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 29103000 - Motor vehicles for the transport of . .10 persons
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.
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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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This report provides an in-depth analysis of the bus market in Ecuador.
768
This report provides an in-depth analysis of the global bus market.
325
This report provides an in-depth analysis of the bus market in Ecuador.
768
This report provides an in-depth analysis of the global bus market.
74
Discover the leading countries in the import market for buses and the key statistics behind their import activities. Learn how these countries drive the demand for sustainable transportation solutions through bus imports.
837
In 2016, the amount of motor vehicle imported worldwide stood at X tons, reducing by -X% against the previous year figure. Overall, motor vehicle imports continue to indicate a relatively flat ...
676
In 2016, the amount of motor vehicle imported worldwide stood at X tons, reducing by -X% against the previous year figure. Overall, motor vehicle imports continue to indicate a relatively flat ...
74
Discover the leading countries in the import market for buses and the key statistics behind their import activities. Learn how these countries drive the demand for sustainable transportation solutions through bus imports.
837
In 2016, the amount of motor vehicle imported worldwide stood at X tons, reducing by -X% against the previous year figure. Overall, motor vehicle imports continue to indicate a relatively flat ...
676
In 2016, the amount of motor vehicle imported worldwide stood at X tons, reducing by -X% against the previous year figure. Overall, motor vehicle imports continue to indicate a relatively flat ...
