Ecuador - Iron Or Steel Gas Domestic Appliances - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

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

Contents:

  1. Metal Gas Appliances Price in Ecuador (CIF) - 2022
  2. Metal Gas Appliances Price in Ecuador (FOB) - 2022
  3. Metal Gas Appliances Imports in Ecuador
  4. Metal Gas Appliances Exports in Ecuador

Metal Gas Appliances Price in Ecuador (CIF) - 2022

The average metal gas appliances import price stood at $198 per unit in 2022, surging by 29% against the previous year. In general, the import price recorded a noticeable expansion. The most prominent rate of growth was recorded in 2019 an increase of 62%. Over the period under review, average import prices reached the maximum at $220 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

The average metal gas appliances export price stood at $2.8 per unit in 2022, falling by -4.2% against the previous year. Overall, the export price continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 when the average export price increased by 20% against the previous year. The export price peaked at $20 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: 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

Metal gas appliances imports into Ecuador amounted to 2K units in 2022, remaining constant against the year before. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 153% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, metal gas appliances imports surged to $393K in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 255%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Metal Gas Appliances in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China31.131.824113261.9%
Mexico32.80.60.433.50.7%
Argentina8.714.019.99.42.6%
United States5.321.323.86.67.6%
Spain3.23.12.02.6-6.7%
Others12.514.515.7209155.7%
Total93.785.330339361.3%

Top Suppliers of Metal Gas Appliances to Ecuador in 2022:

  1. China (1260.0 units)
  2. Spain (32.0 units)
  3. Mexico (26.0 units)
  4. Argentina (10.0 units)
  5. United States (7.0 units)

Metal Gas Appliances Exports in Ecuador

In 2022, after two years of growth, there was significant decline in shipments abroad of iron or steel gas domestic appliances, when their volume decreased by -27.4% to 45 units. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 114%. As a result, the exports attained the peak of 62 units, and then contracted notably in the following year.

In value terms, metal gas appliances exports declined dramatically to $128 in 2022. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 156%. As a result, the exports attained the peak of $184, and then dropped significantly in the following year.

Export of Metal Gas Appliances in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PanamaN/A0.9N/A0.2-52.9%
Barbados67.8N/AN/AN/A0%
Nicaragua0.22.3N/AN/A1050.0%
SwitzerlandN/A2.8N/AN/A0%
Honduras2.230.20.1N/A-78.7%
Others-70.2-36.2N/AN/A-48.4%
TotalN/A0.10.20.10.0%

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

  1. Panama (4.0 units)
  2. Nicaragua (1.0 units)
  3. 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. 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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Free Data: Iron Or Steel Gas Domestic Appliances - Ecuador