Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Ecuador - 2022

Contents:

1. Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Ecuador (CIF) - 2022
2. Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Ecuador (FOB) - 2022
3. Imports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Ecuador
4. Exports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Ecuador

Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Ecuador (CIF) - 2022

The average import price for cameras, photographic (excluding cinematographic); parts and accessorieses stood at $3.6 per unit in 2022, reducing by -2.4% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 41%. Over the period under review, average import prices attained the peak figure at $4.9 per unit in 2016; however, from 2017 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 ($8.7 per unit), while the price for China ($2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Ecuador (FOB) - 2022

The average export price for cameras, photographic (excluding cinematographic); parts and accessorieses stood at $9.8 per unit in 2022, with an increase of 93% against the previous year. In general, the export price continues to indicate a moderate increase. The pace of growth was the most pronounced in 2020 an increase of 857%. As a result, the export price reached the peak level of $23 per unit. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($9.8 per unit), while the average price for exports to Switzerland ($2.9 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 (+6.0%), while the prices for the other major destinations experienced a decline.

Imports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Ecuador

In 2022, purchases abroad of cameras, photographic (excluding cinematographic); parts and accessorieses decreased by -35.6% to 31K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a prominent increase. The pace of growth was the most pronounced in 2020 when imports increased by 49%. Imports peaked at 47K units in 2021, and then dropped significantly in the following year.

In value terms, imports of cameras, photographic (excluding cinematographic); parts and accessorieses fell notably to $109K in 2022. Overall, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 100% against the previous year. As a result, imports attained the peak of $173K, and then fell significantly in the following year.

Top Suppliers of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories to Ecuador in 2022:

1. China (22.5K units)
2. United States (5.7K units)
3. Peru (0.5K units)
4. Hong Kong SAR (0.4K units)

Exports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Ecuador

In 2022, approx. 281 units of cameras, photographic (excluding cinematographic); parts and accessorieses were exported from Ecuador; waning by -44.5% on 2021 figures. In general, exports showed a sharp slump. The most prominent rate of growth was recorded in 2021 when exports increased by 387% against the previous year. The exports peaked at 3.2K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of cameras, photographic (excluding cinematographic); parts and accessorieses rose notably to $2.7K in 2022. Over the period under review, exports recorded a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 7.9%. The exports peaked at $7.6K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories from Ecuador in 2022:

1. United Kingdom (260.0 units)
2. Switzerland (10.0 units)
3. Panama (10.0 units)

Source: IndexBox Market Intelligence Platform