Report Update: May 1, 2024

Ecuador - Particle Board - Market Analysis, Forecast, Size, Trends and Insights

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Particle Board Price in Ecuador - 2022

Particle Board Price in Ecuador (FOB) - 2022

The average particle board export price stood at $475 per cubic meter in January 2022, surging by 17% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In January 2022, the country with the highest price was Colombia ($523 per cubic meter), while the average price for exports to the United States ($309 per cubic meter) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Particle Board Price in Ecuador (CIF) - 2022

In January 2022, the average particle board import price amounted to $351 per cubic meter, reducing by -10.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.8%. The most prominent rate of growth was recorded in October 2021 an increase of 24% m-o-m. As a result, import price attained the peak level of $423 per cubic meter. From November 2021 to January 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In January 2022, the country with the highest price was Turkey ($375 per cubic meter), while the price for Brazil ($341 per cubic meter) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Particle Board Exports in Ecuador

In 2022, after three years of growth, there was decline in shipments abroad of particle board, when their volume decreased by -1.9% to 529K cubic meters. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +15.2% 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 increased by +53.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year. As a result, the exports attained the peak of 539K cubic meters, and then dropped in the following year.

In value terms, particle board exports surged to $238M in 2022. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 53%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

Export of Particle Board in Ecuador (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Colombia	71.2	72.3	109	142	25.9%
Peru	44.2	44.2	69.0	74.8	19.2%
Panama	3.2	2.8	5.2	6.5	26.6%
United States	0.9	2.5	3.0	2.6	42.4%
Bolivia	2.3	1.6	2.6	2.4	1.4%
Others	3.4	4.8	7.0	9.3	39.9%
Total	125	128	196	238	23.9%

Top Export Markets for Particle Board from Ecuador in 2022:

Colombia (257.6K cubic meters)
Peru (221.3K cubic meters)
Panama (11.2K cubic meters)
United States (9.0K cubic meters)
Bolivia (6.7K cubic meters)

Particle Board Imports in Ecuador

In 2022, particle board imports into Ecuador dropped to 40K cubic meters, which is down by -12.1% compared with the year before. Overall, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. Imports peaked at 78K cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, particle board imports expanded remarkably to $16M in 2022. In general, imports recorded a pronounced decline. The pace of growth appeared the most rapid in 2021 when imports increased by 41%. Over the period under review, imports hit record highs at $18M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Particle Board in Ecuador (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Chile	5.7	5.2	7.9	9.1	16.9%
Brazil	10.4	3.7	3.3	5.8	-17.7%
Spain	0.8	0.5	0.9	0.6	-9.1%
Turkey	0.1	0.1	0.8	0.3	44.2%
Others	1.4	0.8	1.5	0.2	-47.7%
Total	18.3	10.2	14.4	16.0	-4.4%

Top Suppliers of Particle Board to Ecuador in 2022:

Chile (22.6K cubic meters)
Brazil (15.6K cubic meters)
Spain (0.9K cubic meters)
Turkey (0.7K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the particle board 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:

FCL 1697 - Particle board
FCL 1606 - OSB

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