Ecuador - Electronic Instruments And Machines For Measuring Geometrical Quantities - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Ecuador - Electronic Instruments And Machines For Measuring Geometrical Quantities - Market Analysis, Forecast, Size, Trends And Insights

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Price for Geometrical Quantities Electronic Measurer in Ecuador - 2022

Contents:

  1. Price for Geometrical Quantities Electronic Measurer in Ecuador (CIF) - 2022
  2. Price for Geometrical Quantities Electronic Measurer in Ecuador (FOB) - 2022
  3. Imports of Geometrical Quantities Electronic Measurer in Ecuador
  4. Exports of Geometrical Quantities Electronic Measurer in Ecuador

Price for Geometrical Quantities Electronic Measurer in Ecuador (CIF) - 2022

The average geometrical quantities electronic measurer import price stood at $20.7 per unit in January 2022, jumping by 16% against the previous month. In general, the import price saw a resilient expansion. The growth pace was the most rapid in February 2021 when the average import price increased by 160% m-o-m. Over the period under review, average import prices hit record highs at $28.2 per unit in April 2021; however, from May 2021 to January 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was the United States ($36.3 per unit), while the price for Thailand ($4.1 per unit) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by China (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Geometrical Quantities Electronic Measurer in Ecuador (FOB) - 2022

The average geometrical quantities electronic measurer export price stood at $44 per unit in 2022, which is down by -21.9% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 61% against the previous year. Over the period under review, the average export prices reached the maximum at $56 per unit in 2021, and then fell sharply in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($227 per unit), while the average price for exports to Panama ($7.8 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 (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Geometrical Quantities Electronic Measurer in Ecuador

In 2022, the amount of electronic instruments and machines for measuring geometrical quantities imported into Ecuador fell to 695K units, reducing by -13.1% compared with the previous year's figure. In general, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 41%. Imports peaked at 837K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, geometrical quantities electronic measurer imports reduced to $11M in 2022. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 42%. As a result, imports attained the peak of $13M, and then contracted in the following year.

Import of Geometrical Quantities Electronic Measurer in Ecuador (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.32.53.93.2-1.0%
China2.01.93.22.69.1%
Germany1.71.61.21.2-11.0%
Italy0.10.31.00.9108.0%
Spain0.90.10.40.4-23.7%
South Korea0.30.20.30.30.0%
Mexico0.20.20.30.20.0%
Colombia0.1N/A0.20.10.0%
Others2.72.52.82.5-2.5%
Total11.39.313.211.30.0%

Top Suppliers of Geometrical Quantities Electronic Measurer to Ecuador in 2022:

  1. China (390.2K units)
  2. United States (69.3K units)
  3. Italy (56.3K units)
  4. Colombia (44.1K units)
  5. Germany (23.6K units)
  6. Mexico (17.4K units)
  7. South Korea (16.3K units)
  8. Spain (10.1K units)

Exports of Geometrical Quantities Electronic Measurer in Ecuador

In 2022, overseas shipments of electronic instruments and machines for measuring geometrical quantities were finally on the rise to reach 6.6K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a deep setback. Over the period under review, the exports attained the maximum at 9.9K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, geometrical quantities electronic measurer exports dropped to $290K in 2022. Over the period under review, exports, however, continue to indicate a deep downturn. The growth pace was the most rapid in 2021 with an increase of 35%. Over the period under review, the exports hit record highs at $385K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Geometrical Quantities Electronic Measurer in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia13596.227.177.3-17.0%
Spain1.50.173.270.7261.2%
PeruN/A20.345.243.746.7%
United States65.838.338.543.1-13.2%
Chile38.626.721.726.3-12.0%
Germany33.06.816.216.9-20.0%
Panama1.80.77.16.956.5%
Argentina10.9N/A27.0N/A57.4%
Belgium19.6N/A6.2N/A-43.8%
Trinidad and TobagoN/A35.2N/AN/A0%
El Salvador0.4N/AN/AN/A0%
Others78.722.071.04.8-60.6%
Total385246333290-9.0%

Top Export Markets for Geometrical Quantities Electronic Measurer from Ecuador in 2022:

  1. Colombia (2033.0 units)
  2. Spain (1417.0 units)
  3. Panama (886.0 units)
  4. United States (745.0 units)
  5. Germany (681.0 units)
  6. Peru (586.0 units)
  7. Chile (116.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for geometrical quantities electronic measurer 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 26516650 - Electronic instruments, appliances and machines for measuring or checking geometrical quantities (including comparators, coordinate measuring machines (CMMs))

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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