Ecuador - Voiles, Webs, Mats And Other Articles Of Glass Fibers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlass Fiber Price in Ecuador - 2022
Contents:
- Glass Fiber Price in Ecuador (CIF) - 2022
- Glass Fiber Price in Ecuador (FOB) - 2022
- Glass Fiber Imports in Ecuador
- Glass Fiber Exports in Ecuador
Glass Fiber Price in Ecuador (CIF) - 2022
The average glass fiber import price stood at $2,824 per ton in January 2022, which is down by -23.6% against the previous month. Overall, the import price recorded a perceptible downturn. The growth pace was the most rapid in April 2021 when the average import price increased by 65% m-o-m. The import price peaked at $5,207 per ton in November 2021; however, from December 2021 to January 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was El Salvador ($7,667 per ton), while the price for China ($2,415 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Mexico (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Glass Fiber Price in Ecuador (FOB) - 2022
In 2022, the average glass fiber export price amounted to $3,191 per ton, which is down by -13.7% against the previous year. In general, the export price showed a drastic downturn. The pace of growth was the most pronounced in 2021 an increase of 18% against the previous year. Over the period under review, the average export prices reached the maximum at $5,503 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($3,211 per ton), while the average price for exports to Peru ($1,514 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+11.9%), while the prices for the other major destinations experienced mixed trend patterns.
Glass Fiber Imports in Ecuador
In 2022, approx. 3K tons of voiles, webs, mats and other articles of glass fibers were imported into Ecuador; jumping by 41% compared with the year before. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 103% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, glass fiber imports surged to $10M in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 104% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
| Import of Glass Fiber in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,539 | 1,150 | 2,685 | 6,014 | 57.5% |
| Mexico | 982 | 679 | 1,709 | 1,215 | 7.4% |
| Colombia | 994 | 635 | 1,034 | 1,027 | 1.1% |
| United States | 564 | 420 | 507 | 929 | 18.1% |
| El Salvador | 224 | 194 | 291 | 363 | 17.5% |
| Chile | 11.9 | 32.5 | 44.7 | 216 | 162.8% |
| Others | 445 | 236 | 570 | 303 | -12.0% |
| Total | 4,759 | 3,347 | 6,841 | 10,066 | 28.4% |
Top Suppliers of Glass Fiber to Ecuador in 2022:
- China (2045.1 tons)
- Colombia (407.1 tons)
- Mexico (314.8 tons)
- Chile (72.5 tons)
- United States (71.4 tons)
- El Salvador (42.8 tons)
Glass Fiber Exports in Ecuador
In 2022, after two years of decline, there was significant growth in overseas shipments of voiles, webs, mats and other articles of glass fibers, when their volume increased by 382% to 112 tons. In general, exports continue to indicate moderate growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, glass fiber exports soared to $356K in 2022. Overall, exports showed strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Glass Fiber in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 158 | 199 | 39.9 | 348 | 30.1% |
| Nicaragua | N/A | 34.2 | 32.3 | 7.6 | -52.9% |
| Chile | N/A | 26.4 | N/A | 0.1 | -93.8% |
| Peru | 134 | 0.2 | N/A | 0.1 | -90.9% |
| Others | N/A | 3.9 | 13.4 | 0.1 | -84.0% |
| Total | 293 | 264 | 85.6 | 356 | 6.7% |
Top Export Markets for Glass Fiber from Ecuador in 2022:
- Panama (108.4 tons)
- Nicaragua (3.0 tons)
- Chile (0.1 tons)
- Peru (0.1 tons)
This report provides an in-depth analysis of the glass fiber 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 23141210 -
- Prodcom 23141230 -
- Prodcom 23141250 - Non-woven glass fibre webs, felts, mattresses and boards
- Prodcom 23141293 -
- Prodcom 23141295 -
- Prodcom 23141299 -
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
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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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