Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Ecuador - 2022
Contents:
- Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Ecuador (CIF) - 2022
- Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Ecuador (FOB) - 2022
- Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Ecuador
- Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Ecuador
Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Ecuador (CIF) - 2022
In 2022, the average import price for articles of apparel, clothing accessories and other articles of furskin amounted to $90 per unit, shrinking by -4.4% against the previous year. In general, the import price, however, saw tangible growth. The growth pace was the most rapid in 2018 when the average import price increased by 36% against the previous year. The import price peaked at $158 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 the United States ($275 per unit), while the price for Brazil ($9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Ecuador (FOB) - 2022
The average export price for articles of apparel, clothing accessories and other articles of furskin stood at $32 per unit in 2022, surging by 1,723% against the previous year. Overall, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($99 per unit), while the average price for exports to Bahamas ($4.6 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 Chile (+77.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Ecuador
For the third consecutive year, Ecuador recorded decline in overseas purchases of articles of apparel, clothing accessories and other articles of furskin, which decreased by -1.9% to 103 units in 2022. Overall, imports faced a dramatic curtailment. Imports peaked at 477 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of articles of apparel, clothing accessories and other articles of furskin contracted to $9.3K in 2022. Over the period under review, imports recorded a sharp downturn. Imports peaked at $76K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.4 | 0.2 | 0.1 | 2.8 | 91.3% |
| Spain | 4.2 | 0.4 | 0.1 | 2.3 | -18.2% |
| China | 0.1 | 0.1 | 1.1 | 1.2 | 128.9% |
| Germany | 14.4 | 2.3 | 1.2 | 1.1 | -57.6% |
| United States | 20.3 | 3.3 | N/A | 0.8 | -66.0% |
| United Kingdom | 6.7 | 2.6 | 1.5 | 0.3 | -64.5% |
| Argentina | 27.3 | 10.8 | 5.6 | N/A | -54.7% |
| Panama | 0.7 | 0.3 | 0.1 | N/A | -62.2% |
| Others | 1.5 | 0.5 | 0.2 | 0.9 | -15.7% |
| Total | 75.5 | 20.4 | 9.9 | 9.3 | -50.2% |
Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to Ecuador in 2022:
- China (35.0 units)
- India (23.0 units)
- Germany (21.0 units)
- Spain (14.0 units)
- United Kingdom (4.0 units)
- United States (3.0 units)
Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Ecuador
In 2022, the amount of articles of apparel, clothing accessories and other articles of furskin exported from Ecuador skyrocketed to 85 units, picking up by 844% on the previous year's figure. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of articles of apparel, clothing accessories and other articles of furskin surged to $2.8K in 2022. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Ecuador (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | N/A | N/A | N/A | 2,285 | 0% |
| Bahamas | N/A | N/A | N/A | 240 | 0% |
| Canada | 1.0 | 1.0 | 1.0 | 230 | 512.7% |
| Spain | 16.0 | 4.0 | 5.0 | N/A | -44.1% |
| Sweden | 1.0 | 1.0 | 1.0 | N/A | 0.0% |
| France | 1.0 | 1.0 | 1.0 | N/A | 0.0% |
| Guatemala | 1.0 | 1.0 | 1.0 | N/A | 0.0% |
| Panama | 1.0 | 1.0 | 1.0 | N/A | 0.0% |
| United States | 58.0 | 6.0 | 4.0 | N/A | -73.7% |
| Others | 2.0 | 1.0 | 2.0 | N/A | 0.0% |
| Total | 81.0 | 16.0 | 16.0 | 2,755 | 224.0% |
Top Export Markets for Articles of Apparel, Clothing Accessories and Other Articles of Furskin from Ecuador in 2022:
- Bahamas (52.0 units)
- Chile (23.0 units)
- Canada (10.0 units)
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