Ecuador - Indicator Panels Incorporating Liquid Crystal Devices (Lcd) Or Light Emitting Diodes (Led) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for LCD or LED Indicator Panel in Ecuador - 2022
Contents:
- Price for LCD or LED Indicator Panel in Ecuador (CIF) - 2022
- Price for LCD or LED Indicator Panel in Ecuador (FOB) - 2022
- Imports of LCD or LED Indicator Panel in Ecuador
- Exports of LCD or LED Indicator Panel in Ecuador
Price for LCD or LED Indicator Panel in Ecuador (CIF) - 2022
The average import price for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) stood at $1.5 per unit in 2022, which is down by -10% against the previous year. Overall, the import price saw a noticeable shrinkage. The pace of growth was the most pronounced in 2015 an increase of 32%. The import price peaked at $2.2 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 the United States ($5.6 per unit), while the price for China stood at $1.2 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.3%).
Price for LCD or LED Indicator Panel in Ecuador (FOB) - 2022
The average export price for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) stood at $9.1 per unit in 2022, surging by 14% against the previous year. In general, the export price enjoyed a modest increase. The pace of growth was the most pronounced in 2017 an increase of 85% against the previous year. As a result, the export price reached the peak level of $17 per unit. From 2018 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($16 per unit), while the average price for exports to Panama ($0.4 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 Canada (+1,377.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of LCD or LED Indicator Panel in Ecuador
LCD or LED indicator panel imports into Ecuador shrank to 1.5M units in 2022, reducing by -8.4% against the previous year. Overall, imports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 63%. Imports peaked at 1.7M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, LCD or LED indicator panel imports declined markedly to $2.3M in 2022. Over the period under review, imports saw a mild descent. The pace of growth was the most pronounced in 2021 with an increase of 54% against the previous year. As a result, imports attained the peak of $2.8M, and then dropped markedly in the following year.
| Import of LCD or LED Indicator Panel in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,837 | 1,148 | 1,880 | 1,713 | -2.3% |
| United States | 202 | 284 | 181 | 227 | 4.0% |
| Others | 362 | 367 | 717 | 348 | -1.3% |
| Total | 2,401 | 1,798 | 2,778 | 2,288 | -1.6% |
Top Suppliers of LCD or LED Indicator Panel to Ecuador in 2022:
- China (1406.8K units)
- United States (40.8K units)
Exports of LCD or LED Indicator Panel in Ecuador
In 2022, approx. 5.6K units of indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) were exported from Ecuador; reducing by -40.8% against 2021. In general, exports, however, recorded moderate growth. The most prominent rate of growth was recorded in 2021 when exports increased by 110% against the previous year. As a result, the exports attained the peak of 9.4K units, and then declined dramatically in the following year.
In value terms, LCD or LED indicator panel exports contracted sharply to $51K in 2022. Overall, exports showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 187% against the previous year. As a result, the exports attained the peak of $75K, and then dropped rapidly in the following year.
| Export of LCD or LED Indicator Panel in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 0.9 | 1.5 | 28.3 | 15.0 | 155.4% |
| United States | 6.7 | 2.8 | 1.6 | 12.0 | 21.4% |
| China | 5.1 | 5.5 | 14.0 | 7.4 | 13.2% |
| Trinidad and Tobago | 4.8 | 3.5 | 10.0 | 6.0 | 7.7% |
| Guatemala | N/A | 0.6 | 2.8 | 1.5 | 58.1% |
| Panama | 0.2 | 0.1 | 0.4 | 0.2 | 0.0% |
| Bolivia | 0.3 | 0.2 | 0.4 | 0.2 | -12.6% |
| Australia | 33.9 | N/A | N/A | N/A | 0% |
| Canada | N/A | 8.9 | 9.4 | N/A | 5.6% |
| Others | 4.8 | 3.2 | 8.4 | 8.5 | 21.0% |
| Total | 56.8 | 26.2 | 75.3 | 50.7 | -3.7% |
Top Export Markets for LCD or LED Indicator Panel from Ecuador in 2022:
- Sweden (2097.0 units)
- United States (753.0 units)
- Trinidad and Tobago (592.0 units)
- Panama (552.0 units)
- China (535.0 units)
- Bolivia (238.0 units)
- Guatemala (206.0 units)
This report provides an in-depth analysis of the market for lcd or led indicator panel 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 27902020 - Indicator panels incorporating liquid crystal display (LCD)
- Prodcom 27902050 - Indicator panels incorporating light emitting diodes (LED)
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
-
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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