Ecuador - Outboard Motors for Marine Propulsion - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOutboard Boat Motors Price in Ecuador - 2022
Contents:
- Outboard Boat Motors Price in Ecuador (CIF) - 2022
- Outboard Boat Motors Price in Ecuador (FOB) - 2022
- Outboard Boat Motors Imports in Ecuador
- Outboard Boat Motors Exports in Ecuador
Outboard Boat Motors Price in Ecuador (CIF) - 2022
The average outboard boat motors import price stood at $2,732 per unit in 2022, with an increase of 6.6% against the previous year. Overall, the import price, however, continues to indicate a mild curtailment. The growth pace was the most rapid in 2018 an increase of 9.3%. Over the period under review, average import prices attained the peak figure at $3,162 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($3,749 per unit), while the price for China ($923 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Outboard Boat Motors Price in Ecuador (FOB) - 2022
The average outboard boat motors export price stood at $2,783 per unit in 2022, with an increase of 107% against the previous year. Over the period under review, the export price, however, saw a noticeable downturn. The export price peaked at $4,078 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($3,882 per unit), while the average price for exports to Japan ($667 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 (+6.9%), while the prices for the other major destinations experienced a decline.
Outboard Boat Motors Imports in Ecuador
In 2022, the amount of outboard motors for marine propulsion imported into Ecuador fell rapidly to 2.2K units, waning by -19.8% compared with the previous year's figure. Over the period under review, imports faced a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 63% against the previous year. Imports peaked at 3.9K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, outboard boat motors imports dropped to $5.9M in 2022. In general, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 41%. Over the period under review, imports attained the peak figure at $11M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Outboard Boat Motors in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 8.4 | 3.4 | 4.6 | 4.3 | -20.0% |
| China | 0.1 | 0.2 | 0.1 | 0.5 | 71.0% |
| Thailand | 1.7 | 0.5 | 0.9 | 0.5 | -33.5% |
| United States | 0.6 | 0.4 | 0.7 | 0.3 | -20.6% |
| Others | 0.3 | 0.4 | 0.6 | 0.3 | 0.0% |
| Total | 11.0 | 4.9 | 6.9 | 5.9 | -18.8% |
Top Suppliers of Outboard Boat Motors to Ecuador in 2022:
- Japan (1147.0 units)
- China (499.0 units)
- Thailand (395.0 units)
- United States (78.0 units)
Outboard Boat Motors Exports in Ecuador
Outboard boat motors exports from Ecuador reached 9 units in 2022, picking up by 13% on the year before. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +8.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -18.2% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 57%. As a result, the exports attained the peak of 11 units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, outboard boat motors exports surged to $25K in 2022. Overall, exports, however, continue to indicate a noticeable shrinkage. Over the period under review, the exports hit record highs at $39K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
| Export of Outboard Boat Motors in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 9.5 | 18.9 | 4.9 | 11.6 | 6.9% |
| Peru | 14.6 | 14.1 | 2.1 | 8.2 | -17.5% |
| United States | 3.4 | 5.1 | 1.6 | 4.5 | 9.8% |
| Japan | 1.0 | 1.2 | 0.3 | 0.7 | -11.2% |
| Sweden | N/A | N/A | 0.7 | N/A | 0% |
| Cuba | N/A | N/A | 0.8 | N/A | 0% |
| Bolivia | N/A | N/A | 0.3 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 28.5 | 39.3 | 10.8 | 25.0 | -4.3% |
Top Export Markets for Outboard Boat Motors from Ecuador in 2022:
- Panama (3.0 units)
- Peru (3.0 units)
- United States (2.0 units)
- Japan (1.0 units)
This report provides an in-depth analysis of the outboard boat motors 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 28111100 - Marine propulsion spark ignition reciprocating or rotary internal combustion piston engines, outboard motors
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
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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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