Ecuador - Plastic Fittings For Furniture - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlastic Furniture Fittings Price in Ecuador - 2022
Contents:
- Plastic Furniture Fittings Price in Ecuador (CIF) - 2022
- Plastic Furniture Fittings Price in Ecuador (FOB) - 2022
- Plastic Furniture Fittings Imports in Ecuador
- Plastic Furniture Fittings Exports in Ecuador
Plastic Furniture Fittings Price in Ecuador (CIF) - 2022
The average plastic furniture fittings import price stood at $3,901 per ton in 2022, dropping by -2.3% against the previous year. Over the period under review, the import price saw a deep slump. The growth pace was the most rapid in 2018 an increase of 27% against the previous year. The import price peaked at $11,370 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($22,039 per ton), while the price for China ($2,507 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.3%), while the prices for the other major suppliers experienced a decline.
Plastic Furniture Fittings Price in Ecuador (FOB) - 2022
The average plastic furniture fittings export price stood at $11,219 per ton in 2022, shrinking by -6% against the previous year. In general, the export price, however, saw a buoyant expansion. The growth pace was the most rapid in 2013 when the average export price increased by 88%. The export price peaked at $22,741 per ton in 2017; however, from 2018 to 2022, the export prices remained at a 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 Brazil ($13,282 per ton), while the average price for exports to Chile ($1,006 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 Brazil (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.
Plastic Furniture Fittings Imports in Ecuador
In 2022, approx. 274 tons of plastic fittings for furniture were imported into Ecuador; declining by -18.3% compared with the previous year's figure. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +10.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 81% against the previous year. As a result, imports attained the peak of 335 tons, and then fell remarkably in the following year.
In value terms, plastic furniture fittings imports declined rapidly to $1.1M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 68% against the previous year. As a result, imports reached the peak of $1.3M, and then reduced dramatically in the following year.
| Import of Plastic Furniture Fittings in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 299 | 307 | 544 | 521 | 20.3% |
| Austria | 66.7 | 51.3 | 89.9 | 86.1 | 8.9% |
| South Korea | 181 | 38.4 | 57.8 | 73.3 | -26.0% |
| Colombia | 77.6 | 64.5 | 68.2 | 65.4 | -5.5% |
| Brazil | 68.9 | 42.5 | 30.5 | 60.7 | -4.1% |
| Spain | 72.1 | 66.5 | 55.4 | 45.7 | -14.1% |
| Germany | 18.6 | 11.3 | 16.1 | 33.0 | 21.1% |
| Others | 306 | 216 | 476 | 182 | -15.9% |
| Total | 1,091 | 797 | 1,338 | 1,068 | -0.7% |
Top Suppliers of Plastic Furniture Fittings to Ecuador in 2022:
- China (207.9 tons)
- Spain (12.5 tons)
- Austria (10.7 tons)
- Colombia (9.7 tons)
- South Korea (8.3 tons)
- Brazil (4.4 tons)
- Germany (4.3 tons)
Plastic Furniture Fittings Exports in Ecuador
For the fourth consecutive year, Ecuador recorded growth in overseas shipments of plastic fittings for furniture, which increased by 4.3% to 801 kg in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +18.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 31% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, plastic furniture fittings exports reduced slightly to $9K in 2022. The total export value increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 3.9% against the previous year.
| Export of Plastic Furniture Fittings in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 8.1 | 8.5 | 8.8 | 8.6 | 2.0% |
| Chile | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.3 | 0.3 | 0.3 | 0.2 | -12.6% |
| Total | 8.5 | 8.8 | 9.2 | 9.0 | 1.9% |
Top Export Markets for Plastic Furniture Fittings from Ecuador in 2022:
- Brazil (648.0 kg)
- Chile (135.0 kg)
This report provides an in-depth analysis of the plastic furniture fittings 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 22292610 - Plastic fittings for furniture, coachwork or the like
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
273
This report provides an in-depth analysis of the plastic furniture fittings market in Ecuador.
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This report provides an in-depth analysis of the global plastic furniture fittings market.
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This report provides an in-depth analysis of the plastic furniture fittings market in Ecuador.
206
This report provides an in-depth analysis of the office supply market in Ecuador.
228
This report provides an in-depth analysis of the plastic ornamental articles market in Ecuador.
473
This report provides an in-depth analysis of the global plastic furniture fittings market.
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742
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