Ecuador - Plywood - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlywood Price in Ecuador - 2022
Contents:
- Plywood Price in Ecuador (FOB) - 2022
- Plywood Price in Ecuador (CIF) - 2022
- Plywood Exports in Ecuador
- Plywood Imports in Ecuador
Plywood Price in Ecuador (FOB) - 2022
The average plywood export price stood at $697 per cubic meter in January 2022, which is down by -1.8% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in December 2021 when the average export price increased by 1.9% m-o-m. As a result, the export price attained the peak level of $709 per cubic meter, and then declined slightly in the following month.
As there is only one major export destination, the average price level is determined by prices for the United States.
From January 2021 to January 2022, the rate of growth in terms of prices for the United States amounted to +0.1% per month.
Plywood Price in Ecuador (CIF) - 2022
In 2022, the average plywood import price amounted to $941 per cubic meter, increasing by 36% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Spain ($2,845 per cubic meter), while the price for Colombia ($150 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Plywood Exports in Ecuador
For the fourth consecutive year, Ecuador recorded growth in overseas shipments of plywood, which increased by 11% to 110K cubic meters in 2022. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.8% 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 +80.9% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 38%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, plywood exports rose markedly to $78M in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.7% 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 increased by +84.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 37% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
Export of Plywood in Ecuador (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 41.9 | 57.2 | 67.9 | 77.3 | 22.6% |
Others | 0.2 | 0.3 | 0.3 | 0.3 | 14.5% |
Total | 42.1 | 57.5 | 68.2 | 77.6 | 22.6% |
Top Export Markets for Plywood from Ecuador in 2022:
- United States (110.0K cubic meters)
Plywood Imports in Ecuador
In 2022, imports of plywood into Ecuador dropped markedly to 738 cubic meters, falling by -38.6% on 2021 figures. Over the period under review, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 71%. Over the period under review, imports reached the peak figure at 1.3K cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, plywood imports shrank notably to $695K in 2022. Overall, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 55% against the previous year. Imports peaked at $847K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Plywood in Ecuador (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 97.9 | 54.1 | 91.7 | 209 | 28.8% |
China | 214 | 173 | 133 | 151 | -11.0% |
Chile | 140 | 94.4 | 183 | 108 | -8.3% |
United States | 105 | 137 | 99.7 | 97.1 | -2.6% |
Panama | 199 | 30.3 | N/A | 56.1 | -34.4% |
Spain | N/A | 35.6 | 1.1 | 45.5 | 13.1% |
Colombia | 10.2 | 12.9 | 11.4 | 18.3 | 21.5% |
Bolivia | N/A | N/A | 303 | N/A | 0% |
Others | 81.4 | 1.2 | 12.4 | 10.2 | -50.0% |
Total | 847 | 539 | 835 | 695 | -6.4% |
Top Suppliers of Plywood to Ecuador in 2022:
- Russia (167.0 cubic meters)
- China (149.0 cubic meters)
- Chile (144.0 cubic meters)
- Colombia (122.0 cubic meters)
- United States (78.0 cubic meters)
- Panama (53.0 cubic meters)
- Spain (16.0 cubic meters)
This report provides an in-depth analysis of the plywood 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 1640 - Plywood
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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