Report Update: Apr 1, 2024

Ecuador - Men's Or Boys' Clothing (Not Knitted Or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights

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Non-Knitted Men Apparel Price in Ecuador - 2022

Non-Knitted Men Apparel Price in Ecuador (CIF) - 2022

In 2022, the average non-knitted men apparel import price amounted to $16 per unit, rising by 11% against the previous year. In general, the import price, however, saw a deep reduction. The pace of growth appeared the most rapid in 2014 an increase of 13%. Over the period under review, average import prices attained the maximum at $32 per unit in 2012; however, from 2013 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 the United States ($46 per unit), while the price for Peru ($7.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Knitted Men Apparel Price in Ecuador (FOB) - 2022

In 2022, the average non-knitted men apparel export price amounted to $8.2 per unit, which is down by -15% against the previous year. Overall, the export price, however, recorded resilient growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 42%. As a result, the export price attained the peak level of $12 per unit. From 2021 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 the Netherlands ($25 per unit), while the average price for exports to Chile ($1.5 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 Guatemala (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Knitted Men Apparel Imports in Ecuador

In 2022, imports of men's or boys' clothing (not knitted or crocheted) into Ecuador dropped notably to 714K units, with a decrease of -55.5% compared with 2021 figures. Overall, imports continue to indicate a precipitous contraction. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. Imports peaked at 2.2M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, non-knitted men apparel imports fell significantly to $11M in 2022. In general, imports faced a dramatic decrease. The pace of growth was the most pronounced in 2021 when imports increased by 16%. Imports peaked at $35M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Non-Knitted Men Apparel in Ecuador (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	12.3	6.1	6.0	2.8	-38.9%
Colombia	4.7	3.1	4.0	2.0	-24.8%
Bangladesh	3.4	2.4	2.8	1.4	-25.6%
Vietnam	2.1	1.3	1.5	0.8	-27.5%
Pakistan	1.2	0.7	1.0	0.5	-25.3%
Netherlands	0.3	0.5	0.5	0.3	0.0%
India	0.6	0.3	0.6	0.3	-20.6%
Cambodia	0.9	0.5	0.5	0.3	-30.7%
Turkey	1.7	0.9	1.4	0.2	-51.0%
Indonesia	0.7	0.3	0.3	0.2	-34.1%
Peru	0.8	0.1	0.4	0.2	-37.0%
Others	6.2	3.3	3.9	2.4	-27.1%
Total	35.0	19.6	22.8	11.2	-31.6%

Top Suppliers of Non-Knitted Men Apparel to Ecuador in 2022:

China (264.6K units)
Colombia (131.1K units)
Bangladesh (89.0K units)
Vietnam (35.0K units)
Peru (26.2K units)
Pakistan (25.4K units)
India (15.1K units)
Cambodia (14.1K units)
Netherlands (13.8K units)
Turkey (13.1K units)
Indonesia (10.9K units)

Non-Knitted Men Apparel Exports in Ecuador

In 2022, approx. 109K units of men's or boys' clothing (not knitted or crocheted) were exported from Ecuador; shrinking by -49% on the previous year's figure. In general, exports saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 148% against the previous year. As a result, the exports reached the peak of 214K units, and then contracted rapidly in the following year.

In value terms, non-knitted men apparel exports declined rapidly to $894K in 2022. Over the period under review, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 94%. As a result, the exports attained the peak of $2.1M, and then contracted remarkably in the following year.

Export of Non-Knitted Men Apparel in Ecuador (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Peru	426	255	365	250	-16.3%
Netherlands	146	213	257	178	6.8%
Bolivia	93.0	50.5	145	96.9	1.4%
Chile	59.6	22.3	187	94.3	16.5%
United States	199	172	538	71.1	-29.0%
Guatemala	148	158	325	36.8	-37.1%
Paraguay	6.4	30.7	85.5	33.8	74.1%
Costa Rica	26.0	6.4	40.8	25.1	-1.2%
Spain	9.6	3.8	4.6	19.3	26.2%
Panama	17.9	51.6	8.2	7.6	-24.8%
Others	82.7	98.5	105	81.7	-0.4%
Total	1,213	1,061	2,060	894	-9.7%

Top Export Markets for Non-Knitted Men Apparel from Ecuador in 2022:

Chile (62.9K units)
Peru (15.8K units)
Netherlands (7.1K units)
Bolivia (4.7K units)
Paraguay (2.7K units)
Costa Rica (2.3K units)
Guatemala (2.0K units)
Spain (1.7K units)
United States (1.2K units)
Panama (0.6K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-knitted men apparel 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 14121120 - Men
Prodcom 14121130 - Men
Prodcom 14121240 - Men
Prodcom 14121250 - Men
Prodcom 14132110 -
Prodcom 14132120 -
Prodcom 14132130 - Men
Prodcom 14132210 -
Prodcom 14132220 -
Prodcom 14132300 - Men
Prodcom 14132442 - Men
Prodcom 14132444 - Men
Prodcom 14132445 - Men
Prodcom 14132448 - Men
Prodcom 14132449 - Men
Prodcom 14132455 - Men
Prodcom 14132460 - Men

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.

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 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
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