Ecuador - Lifting Equipment - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLifting Equipment Price in Ecuador - 2022
Contents:
- Lifting Equipment Price in Ecuador (CIF) - 2022
- Lifting Equipment Price in Ecuador (FOB) - 2022
- Lifting Equipment Imports in Ecuador
- Lifting Equipment Exports in Ecuador
Lifting Equipment Price in Ecuador (CIF) - 2022
In 2022, the average lifting equipment import price amounted to $4,211 per unit, leveling off at the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 141% against the previous year. The import price peaked at $7,544 per unit in 2015; however, from 2016 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 Peru ($20,769 per unit), while the price for Argentina ($108 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Lifting Equipment Price in Ecuador (FOB) - 2022
The average lifting equipment export price stood at $7,830 per unit in 2022, picking up by 162% against the previous year. Over the period under review, the export price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2013 an increase of 966%. Over the period under review, the average export prices attained the maximum at $30,772 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($7,947 per unit), while the average price for exports to Spain stood at $1,793 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+7.2%).
Lifting Equipment Imports in Ecuador
In 2022, imports of lifting equipment into Ecuador contracted slightly to 121 units, with a decrease of -3.2% compared with 2021. In general, imports saw a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 62%. Over the period under review, imports hit record highs at 1K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, lifting equipment imports declined to $510K in 2022. Over the period under review, imports saw a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 4.1%. Imports peaked at $2.7M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Lifting Equipment in Ecuador (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | 425 | 187 | 198 | 143 | -30.4% |
Italy | 375 | 47.2 | 80.6 | 49.0 | -49.3% |
Brazil | 75.5 | 10.0 | 7.0 | 46.0 | -15.2% |
France | 610 | N/A | 0.2 | 39.8 | -59.7% |
Japan | 386 | 5.2 | 50.2 | 36.1 | -54.6% |
Spain | 136 | 0.6 | 0.5 | 34.0 | -37.0% |
United Kingdom | 16.1 | 29.2 | 46.4 | 28.2 | 20.5% |
United States | 290 | 33.0 | 28.3 | 16.7 | -61.4% |
China | 129 | 11.4 | 3.6 | 11.1 | -55.9% |
Argentina | 2.7 | 1.1 | 1.2 | 0.9 | -30.7% |
Others | 251 | 175 | 103 | 104 | -25.4% |
Total | 2,697 | 499 | 520 | 510 | -42.6% |
Top Suppliers of Lifting Equipment to Ecuador in 2022:
- Japan (28.0 units)
- Italy (17.0 units)
- France (13.0 units)
- United Kingdom (10.0 units)
- Argentina (8.0 units)
- Spain (8.0 units)
- Peru (7.0 units)
- Brazil (6.0 units)
- United States (4.0 units)
- China (3.0 units)
Lifting Equipment Exports in Ecuador
In 2022, overseas shipments of lifting equipment decreased by -62.5% to 3 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 167%. As a result, the exports reached the peak of 8 units, and then plummeted in the following year.
In value terms, lifting equipment exports declined to $21K in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.3% 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 +78.5% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 52%. The exports peaked at $24K in 2021, and then declined in the following year.
Export of Lifting Equipment in Ecuador (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | 10.2 | 15.6 | 2.4 | 20.5 | 26.2% |
Spain | 1.4 | 1.2 | 6.7 | 0.1 | -58.5% |
Colombia | N/A | N/A | 0.6 | N/A | 0% |
Chile | N/A | N/A | 1.2 | N/A | 0% |
Others | N/A | 0.9 | 12.9 | 0.1 | -66.7% |
Total | 11.6 | 17.7 | 23.8 | 20.8 | 21.5% |
Top Export Markets for Lifting Equipment from Ecuador in 2022:
- Peru (3.0 units)
This report provides an in-depth analysis of the lifting equipment 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 28221470 - Lifting equipment (excluding overhead travelling cranes, t ower, transporter, gantry, portal, bridge or pedestal jib cranes, mobile lifting frames or straddle carriers, selfpropelled machinery)
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
This report provides an in-depth analysis of the lifting equipment market in Ecuador.
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This report provides an in-depth analysis of the market for transporter and bridge cranes in Ecuador.
This report provides an in-depth analysis of the global lifting equipment market.
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