Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Ecuador - 2022

Contents:

  1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Ecuador (CIF) - 2022
  2. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Ecuador

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Ecuador (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $1,189 per unit in 2022, with an increase of 6.5% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 40% against the previous year. The import price peaked at $2,211 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($1,697 per unit), while the price for Mexico ($412 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+6.0%), while the prices for the other major suppliers experienced a decline.

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Ecuador

In 2022, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses into Ecuador reached 127 units, with an increase of 3.3% against 2021 figures. In general, imports, however, saw a precipitous shrinkage. Over the period under review, imports of attained the maximum at 370 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses expanded notably to $151K in 2022. Overall, imports, however, faced a precipitous setback. Imports peaked at $699K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States29952.44.365.3-39.8%
Colombia15058.658.745.8-32.7%
China54.126.639.815.1-34.6%
Italy13129.316.213.5-53.1%
Chile32.510.99.46.3-42.1%
Spain8.94.04.42.6-33.6%
Mexico23.96.54.52.5-52.9%
OthersN/AN/AN/AN/A0%
Total699188137151-40.0%

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Ecuador in 2022:

  1. United States (61.0 units)
  2. Colombia (27.0 units)
  3. Chile (11.0 units)
  4. China (10.0 units)
  5. Italy (9.0 units)
  6. Mexico (6.0 units)
  7. Spain (2.0 units)

Source: IndexBox Market Intelligence Platform

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