Ecuador - Sanitary Ware And Parts Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Iron or Steel Sanitary Ware in Ecuador - 2022
Contents:
- Price for Iron or Steel Sanitary Ware in Ecuador (CIF) - 2022
- Price for Iron or Steel Sanitary Ware in Ecuador (FOB) - 2022
- Imports of Iron or Steel Sanitary Ware in Ecuador
- Exports of Iron or Steel Sanitary Ware in Ecuador
Price for Iron or Steel Sanitary Ware in Ecuador (CIF) - 2022
The average import price for sanitary ware and parts of iron or steel stood at $3.3 per unit in January 2022, dropping by -9.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in April 2021 when the average import price increased by 36% m-o-m. The import price peaked at $3.7 per unit in October 2021; however, from November 2021 to January 2022, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($10.3 per unit), while the price for Spain ($2.5 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 the Netherlands (+40.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel Sanitary Ware in Ecuador (FOB) - 2022
In 2022, the average export price for sanitary ware and parts of iron or steel amounted to $1 per unit, reducing by -19.6% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iron or steel sanitary ware export price increased by +3.6% against 2020 indices. The growth pace was the most rapid in 2013 when the average export price increased by 161%. The export price peaked at $1.6 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($1.1 per unit), while the average price for exports to Bolivia totaled $0.9 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+10.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Iron or Steel Sanitary Ware in Ecuador
In 2022, iron or steel sanitary ware imports into Ecuador reduced notably to 1.1M units, declining by -18.6% compared with the previous year. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year. As a result, imports reached the peak of 1.3M units, and then shrank remarkably in the following year.
In value terms, iron or steel sanitary ware imports contracted markedly to $3.4M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 72% against the previous year. As a result, imports attained the peak of $4.3M, and then fell dramatically in the following year.
Import of Iron or Steel Sanitary Ware in Ecuador (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.8 | 2.2 | 3.8 | 3.0 | 2.3% |
United States | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
Colombia | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Others | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
Total | 3.3 | 2.5 | 4.3 | 3.4 | 1.0% |
Top Suppliers of Iron or Steel Sanitary Ware to Ecuador in 2022:
- China (977.0K units)
- United States (35.0K units)
- Colombia (18.7K units)
Exports of Iron or Steel Sanitary Ware in Ecuador
In 2022, overseas shipments of sanitary ware and parts of iron or steel were finally on the rise to reach 8.4K units after two years of decline. Over the period under review, exports, however, faced a sharp contraction. The exports peaked at 20K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, iron or steel sanitary ware exports dropped modestly to $8.1K in 2022. Overall, exports, however, continue to indicate a dramatic slump. The growth pace was the most rapid in 2021 with an increase of 5.6% against the previous year. Over the period under review, the exports hit record highs at $21K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Iron or Steel Sanitary Ware in Ecuador (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bolivia | 12.5 | 3.6 | 2.3 | 4.2 | -30.5% |
Colombia | 2.5 | 0.5 | 5.8 | 4.0 | 17.0% |
Peru | 2.1 | N/A | N/A | N/A | 0% |
Chile | 1.9 | N/A | N/A | N/A | 0% |
United States | N/A | 1.6 | N/A | N/A | 0% |
Panama | 0.8 | N/A | N/A | N/A | 0% |
Jamaica | N/A | 2.0 | N/A | N/A | 0% |
Others | 0.9 | 0.2 | 0.3 | N/A | -42.3% |
Total | 20.8 | 7.9 | 8.3 | 8.1 | -27.0% |
Top Export Markets for Iron or Steel Sanitary Ware from Ecuador in 2022:
- Bolivia (4.7K units)
- Colombia (3.7K units)
This report provides an in-depth analysis of the market for iron or steel sanitary ware 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 25991131 - Sanitary ware and parts of sanitary ware of iron or steel
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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