Price for Tools, Hand; Other than Household Tools in Ecuador - 2022
Contents:
- Price for Tools, Hand; Other than Household Tools in Ecuador (CIF) - 2022
- Price for Tools, Hand; Other than Household Tools in Ecuador (FOB) - 2022
- Imports of Tools, Hand; Other than Household Tools in Ecuador
- Exports of Tools, Hand; Other than Household Tools in Ecuador
Price for Tools, Hand; Other than Household Tools in Ecuador (CIF) - 2022
The average import price for tools, hand; other than household toolses stood at $7,451 per ton in 2022, falling by -5.3% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 24%. The import price peaked at $9,306 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($24,263 per ton), while the price for Mexico ($4,759 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tools, Hand; Other than Household Tools in Ecuador (FOB) - 2022
In 2022, the average export price for tools, hand; other than household toolses amounted to $23,622 per ton, falling by -2.1% against the previous year. In general, the export price, however, saw measured growth. The most prominent rate of growth was recorded in 2013 an increase of 95%. The export price peaked at $54,895 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($96,263 per ton), while the average price for exports to Panama ($5,214 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+25.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools, Hand; Other than Household Tools in Ecuador
In 2022, approx. 1.1K tons of tools, hand; other than household toolses were imported into Ecuador; with an increase of 10% compared with 2021 figures. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +6.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 51% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of tools, hand; other than household toolses rose to $7.8M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +95.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 88% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Tools, Hand; Other than Household Tools in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,645 | 2,040 | 3,611 | 4,536 | 19.7% |
| United States | 929 | 629 | 1,475 | 1,010 | 2.8% |
| Taiwan (Chinese) | 550 | 341 | 538 | 583 | 2.0% |
| Spain | 505 | 145 | 318 | 361 | -10.6% |
| Germany | 198 | 159 | 518 | 222 | 3.9% |
| Colombia | 83.6 | 66.0 | 182 | 195 | 32.6% |
| Mexico | 207 | 191 | 256 | 192 | -2.5% |
| Brazil | 106 | 91.4 | 129 | 144 | 10.8% |
| India | 100 | 79.6 | 66.9 | 107 | 2.3% |
| Others | 543 | 271 | 440 | 494 | -3.1% |
| Total | 5,866 | 4,012 | 7,534 | 7,843 | 10.2% |
Top Suppliers of Tools, Hand; Other than Household Tools to Ecuador in 2022:
- China (788.2 tons)
- Taiwan (Chinese) (49.5 tons)
- United States (41.6 tons)
- Mexico (40.4 tons)
- Colombia (27.7 tons)
- Brazil (24.0 tons)
- Spain (20.3 tons)
- India (20.2 tons)
- Germany (10.1 tons)
Exports of Tools, Hand; Other than Household Tools in Ecuador
Exports of tools, hand; other than household toolses from Ecuador soared to 7.8 tons in 2022, growing by 107% on the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 218%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of tools, hand; other than household toolses skyrocketed to $185K in 2022. In general, exports showed modest growth. The growth pace was the most rapid in 2021 when exports increased by 197%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Tools, Hand; Other than Household Tools in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | N/A | N/A | 8.9 | 79.4 | 792.1% |
| Colombia | 12.9 | 16.3 | 4.2 | 40.8 | 46.8% |
| United States | 134 | 6.4 | 34.8 | 19.7 | -47.2% |
| Italy | N/A | N/A | N/A | 15.5 | 0% |
| Costa Rica | N/A | 0.3 | 0.3 | 8.1 | 419.6% |
| Peru | 0.1 | N/A | 3.4 | 6.1 | 293.6% |
| Germany | 2.4 | N/A | 16.7 | 2.4 | 0.0% |
| Chile | 4.1 | 3.3 | 0.9 | 1.9 | -22.6% |
| Panama | N/A | N/A | 8.8 | 0.9 | -89.8% |
| Others | 25.6 | 4.5 | 13.3 | 10.2 | -26.4% |
| Total | 179 | 30.8 | 91.3 | 185 | 1.1% |
Top Export Markets for Tools, Hand; Other than Household Tools from Ecuador in 2022:
- Colombia (3143.0 kg)
- Mexico (2522.0 kg)
- Peru (658.0 kg)
- Costa Rica (471.0 kg)
- Italy (259.0 kg)
- United States (205.0 kg)
- Panama (173.0 kg)
- Chile (110.0 kg)
- Germany (89.0 kg)
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