Ecuador - Mattocks, Picks, Hoes And Rakes - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Ecuador - Mattocks, Picks, Hoes And Rakes - Market Analysis, Forecast, Size, Trends And Insights

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Mattocks and Rakes Price in Ecuador - 2022

Contents:

  1. Mattocks and Rakes Price in Ecuador (CIF) - 2022
  2. Mattocks and Rakes Price in Ecuador (FOB) - 2022
  3. Mattocks and Rakes Imports in Ecuador
  4. Mattocks and Rakes Exports in Ecuador

Mattocks and Rakes Price in Ecuador (CIF) - 2022

The average mattocks and rakes import price stood at $4,336 per ton in January 2022, rising by 20% against the previous month. Over the period under review, import price indicated a strong expansion from January 2021 to January 2022: its price increased at an average monthly rate of +5.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, mattocks and rakes import price increased by +69.9% against September 2021 indices. The growth pace was the most rapid in August 2021 an increase of 36% month-to-month. Over the period under review, average import prices hit record highs in January 2022.

Prices varied noticeably by the country of origin: the country with the highest price was Colombia ($6,309 per ton), while the price for China ($3,135 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 India (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Mattocks and Rakes Price in Ecuador (FOB) - 2022

In 2022, the average mattocks and rakes export price amounted to $6,291 per ton, increasing by 7.3% against the previous year. Overall, the export price recorded resilient growth. The pace of growth was the most pronounced in 2017 an increase of 94%. The export price peaked at $6,468 per ton in 2019; however, from 2020 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 Germany ($58,542 per ton), while the average price for exports to the Dominican Republic ($304 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 Germany (+34.6%), while the prices for the other major destinations experienced more modest paces of growth.

Mattocks and Rakes Imports in Ecuador

In 2022, the amount of mattocks, picks, hoes and rakes imported into Ecuador dropped remarkably to 602 tons, falling by -22.4% compared with the year before. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 81%. As a result, imports attained the peak of 776 tons, and then declined markedly in the following year.

In value terms, mattocks and rakes imports reduced notably to $1.7M in 2022. In general, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 109%. As a result, imports reached the peak of $2.3M, and then reduced sharply in the following year.

Import of Mattocks and Rakes in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia4133301,1791,04936.4%
India454263233235-19.7%
China1211993321374.2%
Brazil11794.71971283.0%
Mexico13516827872.8-18.6%
Others53.228.343.750.8-1.5%
Total1,2931,0842,2631,6739.0%

Top Suppliers of Mattocks and Rakes to Ecuador in 2022:

  1. Colombia (438.3 tons)
  2. China (66.4 tons)
  3. India (45.5 tons)
  4. Brazil (30.9 tons)
  5. Mexico (16.1 tons)

Mattocks and Rakes Exports in Ecuador

In 2022, overseas shipments of mattocks, picks, hoes and rakes were finally on the rise to reach 625 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a abrupt contraction.

In value terms, mattocks and rakes exports totaled $3.9K in 2022. Over the period under review, exports, however, showed a abrupt decline.

Export of Mattocks and Rakes in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru3.52.82.22.5-10.6%
Germany1.71.31.11.4-6.3%
Dominican RepublicN/AN/AN/AN/A0%
United StatesN/A0.2N/AN/A0%
ColombiaN/AN/A0.3N/A0%
OthersN/AN/AN/AN/A0%
Total5.24.33.63.9-9.1%

Top Export Markets for Mattocks and Rakes from Ecuador in 2022:

  1. Peru (545.0 kg)
  2. Dominican Republic (56.0 kg)
  3. Germany (24.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the mattocks and rakes 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 25731030 - Mattocks, picks, hoes and rakes

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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