Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Ecuador - 2022

Contents:

1. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Ecuador (CIF) - 2022
2. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Ecuador (FOB) - 2022
3. Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Ecuador
4. Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Ecuador

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Ecuador (CIF) - 2022

In 2022, the average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $36,570 per ton, growing by 6.6% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses increased by +4.6% against 2018 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 67%. The import price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($155,376 per ton), while the price for Spain ($11,500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Ecuador (FOB) - 2022

In 2022, the average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $125,868 per ton, surging by 100% against the previous year. In general, the export price showed a resilient expansion. The most prominent rate of growth was recorded in 2018 an increase of 149%. As a result, the export price reached the peak level of $128,333 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

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 Canada ($287,000 per ton), while the average price for exports to China totaled $106,912 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+39.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Ecuador

In 2022, purchases abroad of machine-tools; parts and accessories, tool holders and self-opening dieheadses was finally on the rise to reach 13 tons after two years of decline. In general, imports, however, faced a sharp slump.

In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses surged to $491K in 2022. Overall, imports, however, faced a drastic downturn.

Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to Ecuador in 2022:

1. China (7.6 tons)
2. United States (3.1 tons)
3. Taiwan (Chinese) (1.0 tons)
4. Italy (0.5 tons)
5. Germany (0.4 tons)
6. Mexico (0.2 tons)

Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Ecuador

In 2022, overseas shipments of machine-tools; parts and accessories, tool holders and self-opening dieheadses decreased by -64.5% to 38 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 55%. As a result, the exports attained the peak of 107 kg, and then reduced sharply in the following year.

In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses contracted rapidly to $4.8K in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.3% 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 +41.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 45% against the previous year. As a result, the exports reached the peak of $6.7K, and then shrank remarkably in the following year.

Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from Ecuador in 2022:

1. China (34.0 kg)
2. Canada (4.0 kg)

Source: IndexBox Market Intelligence Platform