Ecuador - Metal Office Furniture - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMetal Office Furniture Price in Ecuador - 2022
Contents:
- Metal Office Furniture Price in Ecuador (CIF) - 2022
- Metal Office Furniture Price in Ecuador (FOB) - 2022
- Metal Office Furniture Imports in Ecuador
- Metal Office Furniture Exports in Ecuador
Metal Office Furniture Price in Ecuador (CIF) - 2022
In 2022, the average metal office furniture import price amounted to $6,032 per ton, with an increase of 65% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal office furniture import price increased by +80.7% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 69%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($10,937 per ton), while the price for Indonesia ($2,328 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Office Furniture Price in Ecuador (FOB) - 2022
The average metal office furniture export price stood at $5,251 per ton in 2022, declining by -16.1% against the previous year. Overall, the export price saw a mild decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 24%. As a result, the export price reached the peak level of $10,029 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($18,406 per ton), while the average price for exports to the United States ($1,893 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 Peru (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Office Furniture Imports in Ecuador
In 2022, overseas purchases of metal office furniture decreased by -33.7% to 142 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 66%. As a result, imports reached the peak of 278 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, metal office furniture imports amounted to $854K in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 14% against the previous year. As a result, imports attained the peak of $929K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Metal Office Furniture in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 295 | 272 | 173 | 231 | -7.8% |
| China | 189 | 377 | 323 | 161 | -5.2% |
| Spain | 36.0 | 27.4 | 15.0 | 95.6 | 38.5% |
| Italy | 2.6 | 21.3 | 9.1 | 53.9 | 174.7% |
| Panama | 53.9 | 57.8 | 53.9 | 52.3 | -1.0% |
| Netherlands | 0.2 | 0.2 | 24.8 | 47.8 | 520.6% |
| United States | 75.4 | 31.7 | 35.6 | 45.7 | -15.4% |
| Canada | 11.9 | 45.6 | 30.1 | 29.2 | 34.9% |
| Germany | 3.0 | 11.0 | 5.4 | 25.6 | 104.3% |
| Indonesia | 10.7 | 13.8 | 15.3 | 17.8 | 18.5% |
| Peru | 10.3 | 13.8 | 8.9 | 10.3 | 0.0% |
| Others | 124 | 57.7 | 85.9 | 83.1 | -12.5% |
| Total | 813 | 929 | 779 | 854 | 1.7% |
Top Suppliers of Metal Office Furniture to Ecuador in 2022:
- China (56.1 tons)
- Colombia (24.5 tons)
- Spain (10.5 tons)
- Panama (8.6 tons)
- Indonesia (7.6 tons)
- Italy (5.6 tons)
- Netherlands (5.1 tons)
- United States (5.1 tons)
- Canada (4.3 tons)
- Germany (2.3 tons)
- Peru (2.2 tons)
Metal Office Furniture Exports in Ecuador
In 2022, shipments abroad of metal office furniture increased by 39% to 4.9 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a abrupt contraction.
In value terms, metal office furniture exports surged to $26K in 2022. Overall, exports, however, continue to indicate a deep downturn.
| Export of Metal Office Furniture in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 33.6 | 23.1 | 17.2 | 20.8 | -14.8% |
| Peru | 0.5 | 1.6 | 1.8 | 1.9 | 56.0% |
| Chile | 2.7 | 1.4 | 0.8 | 0.7 | -36.2% |
| Costa Rica | 3.1 | 0.9 | 0.6 | 0.6 | -42.2% |
| Dominican Republic | 0.9 | 0.5 | 0.3 | 0.3 | -30.7% |
| Guatemala | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Others | 3.5 | 2.0 | 1.4 | 1.3 | -28.1% |
| Total | 44.3 | 29.6 | 22.2 | 25.9 | -16.4% |
Top Export Markets for Metal Office Furniture from Ecuador in 2022:
- Canada (4113.0 kg)
- Costa Rica (220.0 kg)
- Guatemala (111.0 kg)
- Chile (103.0 kg)
- Peru (101.0 kg)
- Dominican Republic (79.0 kg)
This report provides an in-depth analysis of the metal office furniture 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 31011100 - Metal furniture for offices
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
-
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
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