Ecuador - Industrial Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIndustrial Sewing Machine Price in Ecuador - 2022
Contents:
- Industrial Sewing Machine Price in Ecuador (CIF) - 2022
- Industrial Sewing Machine Price in Ecuador (FOB) - 2022
- Industrial Sewing Machine Imports in Ecuador
- Industrial Sewing Machine Exports in Ecuador
Industrial Sewing Machine Price in Ecuador (CIF) - 2022
The average industrial sewing machine import price stood at $169 per unit in 2022, dropping by -17.5% against the previous year. Over the period under review, the import price saw a abrupt setback. The most prominent rate of growth was recorded in 2019 when the average import price increased by 23%. The import price peaked at $402 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($209 per unit), while the price for China ($137 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.3%), while the prices for the other major suppliers experienced a decline.
Industrial Sewing Machine Price in Ecuador (FOB) - 2022
In 2022, the average industrial sewing machine export price amounted to $1,379 per unit, waning by -3.3% against the previous year. Over the period under review, the export price saw a mild reduction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 76%. Over the period under review, the average export prices attained the maximum at $4,781 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($7,735 per unit), while the average price for exports to Moldova ($214 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+24.0%), while the prices for the other major destinations experienced more modest paces of growth.
Industrial Sewing Machine Imports in Ecuador
Industrial sewing machine imports into Ecuador skyrocketed to 64K units in 2022, with an increase of 17% compared with the previous year's figure. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 20%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, industrial sewing machine imports reduced to $11M in 2022. Over the period under review, imports, however, recorded a noticeable decline. The pace of growth was the most pronounced in 2021 with an increase of 7.4%. Over the period under review, imports reached the peak figure at $12M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Industrial Sewing Machine in Ecuador (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.2 | 6.8 | 7.3 | 7.4 | 0.9% |
United States | 0.8 | 0.7 | 0.8 | 0.9 | 4.0% |
Vietnam | 0.3 | 0.3 | 0.5 | 0.7 | 32.6% |
Others | 4.2 | 2.6 | 2.5 | 1.8 | -24.6% |
Total | 12.5 | 10.4 | 11.2 | 10.8 | -4.8% |
Top Suppliers of Industrial Sewing Machine to Ecuador in 2022:
- China (53.7K units)
- United States (4.4K units)
- Vietnam (3.6K units)
Industrial Sewing Machine Exports in Ecuador
For the fourth year in a row, Ecuador recorded growth in overseas shipments of industrial sewing machines, which increased by 46% to 19 units in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.5% 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 +46.2% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, industrial sewing machine exports skyrocketed to $26K in 2022. Overall, exports posted a prominent increase. The most prominent rate of growth was recorded in 2020 when exports increased by 76%. As a result, the exports attained the peak of $34K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Industrial Sewing Machine in Ecuador (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Colombia | 10.2 | 10.0 | 8.6 | 10.4 | 0.6% |
United States | 6.3 | 5.0 | 4.5 | 7.7 | 6.9% |
Chile | 0.5 | 0.9 | 2.8 | 4.2 | 103.3% |
Peru | 2.1 | 2.4 | 2.4 | 3.6 | 19.7% |
Moldova | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
Others | N/A | 15.4 | N/A | N/A | 0% |
Total | 19.3 | 33.9 | 18.5 | 26.2 | 10.7% |
Top Export Markets for Industrial Sewing Machine from Ecuador in 2022:
- Colombia (12.0 units)
- Peru (4.0 units)
- United States (1.0 units)
- Chile (1.0 units)
- Moldova (1.0 units)
This report provides an in-depth analysis of the industrial sewing machine 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 28942430 - Industrial automatic sewing machines (excluding book-sewing machines)
- Prodcom 28942450 - Industrial sewing machines (excluding book-sewing machines, automatic machines)
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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In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
China dominates in global household sewing machine production and trade. In 2013, China exported X% of its total output. Of this amount, X% was supplied to the United States, where Chinese household sewing machines held X% share of total U.S.
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
China dominates in global household sewing machine production and trade. In 2013, China exported X% of its total output. Of this amount, X% was supplied to the United States, where Chinese household sewing machines held X% share of total U.S.