Report Update: Dec 1, 2023

Ecuador - Iron Or Steel Gas Domestic Appliances - Market Analysis, Forecast, Size, Trends And Insights

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Metal Gas Appliances Price in Ecuador - 2022

Name: Metal Gas Appliances Price in Ecuador - 2022
Creator: IndexBox Inc.
Published: 2023-12-01T00:00:00+00:00
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Metal Gas Appliances Price Ecuador, IndexBox, market research, global market, publisher

Metal Gas Appliances Price in Ecuador (CIF) - 2022

In 2022, the average metal gas appliances import price amounted to $141 per unit, which is down by -5.5% against the previous year. Overall, the import price recorded a noticeable downturn. The pace of growth appeared the most rapid in 2014 an increase of 42%. The import price peaked at $259 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($5,136 per unit), while the price for Spain ($80 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+36.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Gas Appliances Price in Ecuador (FOB) - 2022

In 2022, the average metal gas appliances export price amounted to $27 per unit, waning by -28% against the previous year. Overall, the export price showed a deep setback. The most prominent rate of growth was recorded in 2014 an increase of 185% against the previous year. As a result, the export price reached the peak level of $400 per unit. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($39 per unit), while the average price for exports to Nicaragua ($1 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 Panama (+7.7%), while the prices for the other major destinations experienced a decline.

Metal Gas Appliances Imports in Ecuador

In 2022, approx. 1.4K units of iron or steel gas domestic appliances were imported into Ecuador; which is down by -32.2% compared with the previous year. Over the period under review, imports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 162%. As a result, imports reached the peak of 2K units, and then plummeted in the following year.

In value terms, metal gas appliances imports reduced rapidly to $194K in 2022. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 255%. As a result, imports reached the peak of $303K, and then dropped notably in the following year.

Import of Metal Gas Appliances in Ecuador (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	31.1	31.8	241	132	61.9%
Mexico	32.8	0.6	0.4	33.5	0.7%
Argentina	8.7	14.0	19.9	9.4	2.6%
United States	5.3	21.3	23.8	6.6	7.6%
Spain	3.2	3.1	2.0	2.6	-6.7%
Others	12.5	14.5	15.7	10.4	-5.9%
Total	93.7	85.3	303	194	27.5%

Top Suppliers of Metal Gas Appliances to Ecuador in 2022:

China (1260.0 units)
Spain (32.0 units)
Mexico (26.0 units)
Argentina (10.0 units)
United States (7.0 units)

Metal Gas Appliances Exports in Ecuador

After two years of decline, overseas shipments of iron or steel gas domestic appliances increased by 20% to 6 units in 2022. Over the period under review, exports, however, saw a precipitous setback. Over the period under review, the exports hit record highs at 638 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, metal gas appliances exports contracted to $159 in 2022. In general, exports, however, showed a precipitous descent. The exports peaked at $72K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Metal Gas Appliances in Ecuador (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Panama	N/A	0.9	N/A	0.2	-52.9%
Barbados	67.8	N/A	N/A	N/A	0%
Nicaragua	0.2	2.3	N/A	N/A	1050.0%
Switzerland	N/A	2.8	N/A	N/A	0%
Honduras	2.2	30.2	0.1	N/A	-78.7%
Others	2.1	N/A	N/A	N/A	0%
Total	72.3	36.2	0.2	0.2	-86.0%

Top Export Markets for Metal Gas Appliances from Ecuador in 2022:

Panama (4.0 units)
Nicaragua (1.0 units)
Honduras (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal gas appliances 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 27521234 - Iron or steel gas domestic appliances, including heaters, g rates, fires and braziers, for both gas and other fuels radiators (excluding cooking appliances and plate warmers )

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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2022
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2022
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2022
2. Market Volume, In Physical Terms, 2012–2022
3. Market Value, 2012–2022
4. Per Capita Consumption In 2012-2022
5. Imports, In Physical Terms, By Country, 2012–2022
6. Imports, In Value Terms, By Country, 2012–2022
7. Import Prices, By Country Of Origin, 2012–2022
8. Exports, In Physical Terms, By Country, 2012–2022
9. Exports, In Value Terms, By Country, 2012–2022
10. Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2022
2. Market Value, 2012–2022
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
5. Trade Balance, In Physical Terms, 2012-2022
6. Trade Balance, In Value Terms, 2012-2022
7. Per Capita Consumption, 2012-2022
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, 2012–2022
22. Production, In Value Terms, 2012–2022
23. Imports, In Physical Terms, 2012–2022
24. Imports, In Value Terms, 2012–2022
25. Imports, In Physical Terms, By Country, 2022
26. Imports, In Physical Terms, By Country, 2012–2022
27. Imports, In Value Terms, By Country, 2012–2022
28. Import Prices, By Country Of Origin, 2012–2022
29. Exports, In Physical Terms, 2012–2022
30. Exports, In Value Terms, 2012–2022
31. Exports, In Physical Terms, By Country, 2022
32. Exports, In Physical Terms, By Country, 2012–2022
33. Exports, In Value Terms, By Country, 2012–2022
34. Export Prices, By Country Of Destination, 2012–2022