Life-Jackets and Life-Belts Price in Ecuador - 2022
Contents:
- Life-Jackets and Life-Belts Price in Ecuador (CIF) - 2022
- Life-Jackets and Life-Belts Price in Ecuador (FOB) - 2022
- Life-Jackets and Life-Belts Imports in Ecuador
- Life-Jackets and Life-Belts Exports in Ecuador
Life-Jackets and Life-Belts Price in Ecuador (CIF) - 2022
The average life-jackets and life-belts import price stood at $10,491 per ton in 2022, approximately reflecting the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 87% against the previous year. As a result, import price attained the peak level of $19,062 per ton. From 2019 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 South Korea ($29,833 per ton), while the price for China ($4,623 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Life-Jackets and Life-Belts Price in Ecuador (FOB) - 2022
In 2022, the average life-jackets and life-belts export price amounted to $73,617 per ton, which is down by -26.4% against the previous year. Over the period under review, the export price, however, saw a slight increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 70%. Over the period under review, the average export prices reached the peak figure at $100,088 per ton in 2021, and then dropped significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($397,000 per ton), while the average price for exports to Peru ($16,000 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 Chile (+41.2%), while the prices for the other major destinations experienced more modest paces of growth.
Life-Jackets and Life-Belts Imports in Ecuador
In 2022, life-jackets and life-belts imports into Ecuador plummeted to 17 tons, waning by -43.6% compared with the previous year. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 805% against the previous year. As a result, imports attained the peak of 30 tons, and then dropped rapidly in the following year.
In value terms, life-jackets and life-belts imports contracted significantly to $178K in 2022. Over the period under review, imports, however, recorded a moderate expansion. The pace of growth appeared the most rapid in 2021 with an increase of 715% against the previous year. As a result, imports attained the peak of $317K, and then dropped dramatically in the following year.
| Import of Life-Jackets and Life-Belts in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 0.8 | 17.2 | 3.8 | 69.3 | 342.5% |
| China | 34.9 | 2.7 | 60.4 | 21.9 | -14.4% |
| Portugal | 6.2 | 2.1 | 43.2 | 15.3 | 35.1% |
| Germany | 10.2 | 2.5 | 24.6 | 10.7 | 1.6% |
| South Korea | 8.4 | 2.2 | 22.6 | 9.3 | 3.5% |
| Chile | 6.3 | 1.4 | 27.0 | 9.0 | 12.6% |
| India | 9.0 | 1.7 | 11.8 | 5.3 | -16.2% |
| United States | 46.1 | 1.6 | 40.5 | 4.9 | -52.6% |
| Others | 37.9 | 7.6 | 83.4 | 32.4 | -5.1% |
| Total | 160 | 38.9 | 317 | 178 | 3.6% |
Top Suppliers of Life-Jackets and Life-Belts to Ecuador in 2022:
- Spain (7.9 tons)
- China (4.7 tons)
- Portugal (0.7 tons)
- India (0.7 tons)
- Chile (0.7 tons)
- Germany (0.4 tons)
- South Korea (0.3 tons)
- United States (0.2 tons)
Life-Jackets and Life-Belts Exports in Ecuador
In 2022, shipments abroad of life-jackets and life-beltses was finally on the rise to reach 47 kg after two years of decline. Over the period under review, exports, however, saw a dramatic decrease.
In value terms, life-jackets and life-belts exports expanded to $3.5K in 2022. In general, exports, however, recorded a slight decrease.
| Export of Life-Jackets and Life-Belts in Ecuador (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,782 | 2,914 | 1,483 | 2,309 | -6.0% |
| Ireland | N/A | N/A | N/A | 397 | 0% |
| Chile | 197 | 204 | 102 | 158 | -7.1% |
| Costa Rica | 134 | 174 | 102 | 145 | 2.7% |
| Colombia | 169 | 128 | 47.0 | 54.0 | -31.6% |
| Spain | 105 | 54.0 | 4.0 | 35.0 | -30.7% |
| Peru | 39.0 | 32.0 | 13.0 | 16.0 | -25.7% |
| Paraguay | N/A | N/A | 911 | N/A | 0% |
| Others | 209 | 11.0 | 741 | 346 | 18.3% |
| Total | 3,635 | 3,517 | 3,403 | 3,460 | -1.6% |
Top Export Markets for Life-Jackets and Life-Belts from Ecuador in 2022:
- United States (38.0 kg)
- Costa Rica (2.0 kg)
- Spain (2.0 kg)
- Ireland (1.0 kg)
- Chile (1.0 kg)
- Peru (1.0 kg)
- Colombia (1.0 kg)
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