Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Ecuador - 2022

Contents:

  1. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Ecuador (CIF) - 2022
  2. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Ecuador (FOB) - 2022
  3. Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Ecuador
  4. Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Ecuador

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Ecuador (CIF) - 2022

In 2022, the average import price for drawing, marking-out or mathematical calculating instrumentses amounted to $0.6 per unit, which is down by -49.2% against the previous year. In general, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 63% against the previous year. The import price peaked at $4 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($1.6 per unit), while the price for Peru ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (-9.4%), while the prices for the other major suppliers experienced a decline.

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Ecuador (FOB) - 2022

The average export price for drawing, marking-out or mathematical calculating instrumentses stood at $16 per unit in 2022, which is down by -24.6% against the previous year. Over the period under review, the export price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2015 an increase of 109% against the previous year. As a result, the export price attained the peak level of $101 per unit. From 2016 to 2022, the average export prices failed to regain momentum.

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 Peru ($28 per unit), while the average price for exports to the United States ($1 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 the Netherlands (+10,673.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Ecuador

In 2022, the amount of drawing, marking-out or mathematical calculating instrumentses imported into Ecuador soared to 2.7M units, with an increase of 344% on the previous year's figure. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of drawing, marking-out or mathematical calculating instrumentses soared to $1.6M in 2022. Overall, imports, however, recorded a abrupt slump. Imports peaked at $2M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Drawing, Marking-Out or Mathematical Calculating Instruments in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,4631,4625771,059-10.2%
Peru30227716.83727.2%
Others249226109152-15.2%
Total2,0131,9657031,583-7.7%

Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to Ecuador in 2022:

  1. China (1724.1K units)
  2. Peru (898.8K units)

Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Ecuador

In 2022, exports of drawing, marking-out or mathematical calculating instrumentses from Ecuador soared to 76 units, growing by 55% on the year before. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +19.1% 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 +68.9% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of drawing, marking-out or mathematical calculating instrumentses soared to $1.2K in 2022. In general, exports, however, showed a deep slump. The exports peaked at $1.7K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Drawing, Marking-Out or Mathematical Calculating Instruments in Ecuador (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama25.010070.0466165.1%
Spain33.018684.025798.2%
Costa Rica44.017666.074.018.9%
El Salvador10825640.070.0-13.5%
Chile32.043.053.056.020.5%
Colombia1,13124338.027.0-71.2%
United KingdomN/AN/AN/A16.00%
GhanaN/AN/AN/A12.00%
MexicoN/AN/A521N/A0%
Others294334140205-11.3%
Total1,6671,3381,0121,183-10.8%

Top Export Markets for Drawing, Marking-Out or Mathematical Calculating Instruments from Ecuador in 2022:

  1. Panama (31.0 units)
  2. Spain (17.0 units)
  3. Chile (6.0 units)
  4. El Salvador (5.0 units)
  5. Costa Rica (5.0 units)
  6. United Kingdom (4.0 units)
  7. Ghana (2.0 units)
  8. Colombia (2.0 units)

Source: IndexBox Market Intelligence Platform

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