Report Update: May 1, 2024

Ecuador - Disc Harrows - Market Analysis, Forecast, Size, Trends And Insights

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Disc Harrow Price in Ecuador - 2021

Disc Harrow Price in Ecuador (CIF) - 2022

In 2022, the average disc harrow import price amounted to $1,482 per unit, approximately reflecting the previous year. Over the period under review, the import price, however, saw a perceptible decrease. The growth pace was the most rapid in 2014 an increase of 20% against the previous year. As a result, import price reached the peak level of $2,386 per unit. From 2015 to 2022, the average import prices remained at a lower figure.

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 Argentina ($5,149 per unit), while the price for China ($784 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Disc Harrow Price in Ecuador (FOB) - 2022

In 2022, the average disc harrow export price amounted to $1,668 per unit, with an increase of 3.9% against the previous year. Over the period under review, the export price, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2017 an increase of 41% against the previous year. The export price peaked at $4,256 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($36,623 per unit), while the average price for exports to Honduras amounted to $1,108 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.

Disc Harrow Imports in Ecuador

In 2022, approx. 464 units of disc harrows were imported into Ecuador; dropping by -21.8% compared with the previous year's figure. Over the period under review, total imports indicated a temperate increase from 2019 to 2022: its volume increased at an average annual rate of +2.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 76% against the previous year. As a result, imports attained the peak of 593 units, and then declined significantly in the following year.

In value terms, disc harrow imports fell markedly to $688K in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 73% against the previous year. As a result, imports reached the peak of $872K, and then shrank markedly in the following year.

Import of Disc Harrow in Ecuador (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Brazil	437	273	595	323	-9.6%
China	48.0	63.0	51.7	128	38.7%
Colombia	14.6	38.8	67.7	68.1	67.1%
Argentina	58.7	54.6	56.8	60.4	1.0%
India	10.9	11.6	25.2	25.3	32.4%
Italy	28.8	9.6	24.6	24.8	-4.9%
Mexico	18.6	18.7	24.4	24.5	9.6%
Others	64.8	34.4	25.7	33.4	-19.8%
Total	681	504	872	688	0.3%

Top Suppliers of Disc Harrow to Ecuador in 2022:

Brazil (168.0 units)
China (164.0 units)
Colombia (57.0 units)
India (30.0 units)
Mexico (13.0 units)
Argentina (12.0 units)
Italy (11.0 units)

Disc Harrow Exports in Ecuador

In 2022, approx. 22 units of disc harrows were exported from Ecuador; growing by 4.8% against 2021. In general, exports, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 8.3%. As a result, the exports attained the peak of 26 units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, disc harrow exports expanded remarkably to $37K in 2022. Over the period under review, exports, however, continue to indicate a deep reduction. Over the period under review, the exports hit record highs at $49K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Disc Harrow in Ecuador (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Honduras	23.1	21.5	19.7	24.0	1.3%
Venezuela	25.8	18.7	13.4	12.7	-21.0%
Others	N/A	N/A	N/A	N/A	0%
Total	49.0	40.3	33.1	36.7	-9.2%

Top Export Markets for Disc Harrow from Ecuador in 2022:

Honduras (22.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the disc harrow 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 28303220 - Disc harrows

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