Report Update: May 1, 2024

Ecuador - Machinery For The Preparation Or Manufacture Of Food Or Drink - Market Analysis, Forecast, Size, Trends And Insights

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Food Manufacture Machinery Price in Ecuador - 2022

Food Manufacture Machinery Price in Ecuador (CIF) - 2022

In 2022, the average food manufacture machinery import price amounted to $1,383 per unit, which is down by -21% against the previous year. In general, the import price, however, posted pronounced growth. The growth pace was the most rapid in 2021 an increase of 69%. The import price peaked at $2,121 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,881 per unit), while the price for Peru ($496 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 (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Food Manufacture Machinery Price in Ecuador (FOB) - 2022

The average food manufacture machinery export price stood at $1,620 per unit in 2022, which is down by -45.4% against the previous year. Over the period under review, the export price showed a abrupt slump. The pace of growth appeared the most rapid in 2021 an increase of 59%. The export price peaked at $4,056 per unit in 2012; however, from 2013 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 Mexico ($2,457 per unit), while the average price for exports to the United States amounted to $1,031 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+147.9%), while the prices for the other major destinations experienced more modest paces of growth.

Food Manufacture Machinery Imports in Ecuador

In 2022, approx. 12K units of machinery for the preparation or manufacture of food or drink were imported into Ecuador; with an increase of 12% against the previous year. Over the period under review, imports, however, showed a pronounced setback. Imports peaked at 14K units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, food manufacture machinery imports declined to $16M in 2022. The total import value increased at an average annual rate of +8.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, imports reached the peak of $18M, and then dropped in the following year.

Import of Food Manufacture Machinery in Ecuador (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	6.3	10.6	7.1	7.3	5.0%
United States	1.7	1.0	4.9	4.6	39.3%
Spain	0.6	0.4	2.3	2.1	51.8%
Netherlands	1.9	0.7	N/A	0.8	-25.0%
Peru	N/A	0.1	0.2	0.2	41.4%
Others	2.3	1.3	3.9	1.4	-15.3%
Total	12.8	14.1	18.4	16.3	8.4%

Top Suppliers of Food Manufacture Machinery to Ecuador in 2022:

China (9.5K units)
United States (0.6K units)
Netherlands (0.4K units)
Spain (0.4K units)
Peru (0.3K units)

Food Manufacture Machinery Exports in Ecuador

Food manufacture machinery exports from Ecuador skyrocketed to 298 units in 2022, rising by 251% compared with the previous year's figure. In general, exports recorded a tangible increase. Over the period under review, the exports reached the maximum at 381 units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, food manufacture machinery exports soared to $483K in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The exports peaked at $713K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Export of Food Manufacture Machinery in Ecuador (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Mexico	159	59.0	83.8	303	24.0%
United States	192	8.5	18.4	180	-2.1%
Nicaragua	N/A	28.6	N/A	N/A	0%
Peru	125	128	N/A	N/A	2.4%
Venezuela	N/A	474	60.1	N/A	-87.3%
Others	N/A	15.5	89.9	N/A	480.0%
Total	476	713	252	483	0.5%

Top Export Markets for Food Manufacture Machinery from Ecuador in 2022:

United States (175.0 units)
Mexico (123.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the food manufacture machinery 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 28931770 - Machinery for the preparation or manufacture of food or drink, n .e.c.

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