Ecuador - Industrial Roundwood - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Ecuador - Industrial Roundwood - Market Analysis, Forecast, Size, Trends and Insights

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Industrial Roundwood Price in Ecuador - 2022

Contents:

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

Industrial Roundwood Price in Ecuador (FOB) - 2022

The average industrial roundwood export price stood at $121 per cubic meter in 2022, remaining relatively unchanged against the previous year. Overall, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, industrial roundwood export price increased by +31.9% against 2019 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by 59%. The export price peaked at $121 per cubic meter in 2021, and then shrank modestly in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($122 per cubic meter), while the average price for exports to India stood at $119 per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+4.2%).

Industrial Roundwood Price in Ecuador (CIF) - 2022

In 2022, the average industrial roundwood import price amounted to $220 per cubic meter, waning by -77.1% against the previous year. In general, the import price, however, saw a strong increase. The most prominent rate of growth was recorded in 2021 an increase of 1,616%. As a result, import price reached the peak level of $961 per cubic meter, and then fell markedly in the following year.

As there is only one major supplying country, the average price level is determined by prices for Peru.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +3.8% per year.

Industrial Roundwood Exports in Ecuador

In 2022, exports of industrial roundwood from Ecuador reduced to 647K cubic meters, declining by -5.2% compared with the previous year. Over the period under review, total exports indicated a perceptible expansion from 2019 to 2022: its volume increased at an average annual rate of +4.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 77% against the previous year. As a result, the exports attained the peak of 682K cubic meters, and then reduced in the following year.

In value terms, industrial roundwood exports reduced to $78M in 2022. In general, exports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 104% against the previous year. As a result, the exports attained the peak of $83M, and then dropped in the following year.

Export of Industrial Roundwood in Ecuador (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India41.730.345.659.912.8%
China7.87.132.416.428.1%
Others2.73.24.92.2-6.6%
Total52.140.682.978.514.6%

Top Export Markets for Industrial Roundwood from Ecuador in 2022:

  1. India (502.4K cubic meters)
  2. China (134.3K cubic meters)

Industrial Roundwood Imports in Ecuador

In 2022, imports of industrial roundwood into Ecuador soared to 291 cubic meters, picking up by 9,600% against the previous year's figure. In general, imports recorded a significant increase. Over the period under review, imports attained the maximum at 427 cubic meters in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, industrial roundwood imports skyrocketed to $64K in 2022. Over the period under review, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Industrial Roundwood in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PeruN/AN/AN/A57.00%
New ZealandN/A17.5N/AN/A0%
United States2.6N/AN/AN/A0%
Costa RicaN/A4.4N/AN/A0%
Others2.12.02.97.150.1%
Total4.723.92.964.0138.8%

Top Suppliers of Industrial Roundwood to Ecuador in 2022:

  1. Peru (287.0 cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the industrial roundwood 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:

  • FCL 1866 -
  • FCL 1867 -

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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