Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ecuador - 2022
Contents:
- Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ecuador (CIF) - 2022
- Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ecuador (FOB) - 2022
- Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ecuador
- Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ecuador
Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ecuador (CIF) - 2022
The average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs stood at $3,449 per unit in 2022, with a decrease of -14.6% against the previous year. In general, the import price, however, recorded a noticeable expansion. The growth pace was the most rapid in 2018 an increase of 98% against the previous year. The import price peaked at $4,036 per unit in 2021, and then reduced in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($12,298 per unit), while the price for Colombia ($9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+37.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ecuador (FOB) - 2022
In 2022, the average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $505 per unit, jumping by 187% against the previous year. Over the period under review, the export price, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2014 when the average export price increased by 370% against the previous year. Over the period under review, the average export prices hit record highs at $1,778 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
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 Germany ($1,949 per unit), while the average price for exports to Chile ($53 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 Peru (+32.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ecuador
For the third consecutive year, Ecuador recorded decline in supplies from abroad of weighing machines; having a maximum weighing capacity exceeding 5000kgs, which decreased by -64.3% to 60 units in 2022. Over the period under review, imports showed a precipitous decrease. The smallest decline of -3.4% was in 2021. Over the period under review, imports of reached the peak figure at 301 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs declined dramatically to $207K in 2022. In general, imports faced a sharp setback. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year. As a result, imports reached the peak of $678K, and then declined significantly in the following year.
| Import of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 553 | 373 | 381 | 113 | -41.1% |
| Switzerland | 4.5 | 13.2 | 29.8 | 36.9 | 101.7% |
| Italy | 11.5 | 8.5 | 0.1 | 11.6 | 0.3% |
| Costa Rica | 1.3 | 3.9 | 8.9 | 11.4 | 106.2% |
| Hong Kong SAR | 23.1 | 23.2 | 29.5 | 6.3 | -35.2% |
| Portugal | N/A | 10.4 | 32.6 | 4.8 | -32.1% |
| Argentina | 14.0 | 16.2 | 12.2 | 4.2 | -33.1% |
| United States | 32.6 | 42.2 | 49.4 | 3.9 | -50.7% |
| Brazil | 4.1 | 14.8 | 23.4 | 2.3 | -17.5% |
| Germany | 2.3 | 14.1 | 16.4 | 0.7 | -32.7% |
| Chile | 1.1 | 0.7 | 0.6 | N/A | -26.1% |
| India | 0.3 | 0.3 | 0.1 | N/A | -42.3% |
| Colombia | 1.4 | 1.0 | 0.1 | N/A | -73.3% |
| Others | 22.6 | 66.7 | 94.4 | 12.0 | -19.0% |
| Total | 672 | 588 | 678 | 207 | -32.5% |
Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Ecuador in 2022:
- China (33.0 units)
- Switzerland (3.0 units)
- Portugal (2.0 units)
- Hong Kong SAR (2.0 units)
- Brazil (1.0 units)
- Italy (1.0 units)
- Colombia (1.0 units)
- India (1.0 units)
- Costa Rica (1.0 units)
- United States (1.0 units)
- Germany (1.0 units)
- Chile (1.0 units)
- Argentina (1.0 units)
Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ecuador
In 2022, approx. 101 units of weighing machines; having a maximum weighing capacity exceeding 5000kgs were exported from Ecuador; increasing by 1,163% on 2021. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs soared to $51K in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 1.8 | 0.2 | 0.7 | 29.3 | 153.4% |
| Peru | 1.9 | 0.2 | 0.6 | 15.0 | 99.1% |
| United States | 0.7 | N/A | N/A | 2.0 | 41.9% |
| Germany | 1.2 | N/A | N/A | 1.9 | 16.6% |
| Colombia | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Chile | N/A | N/A | N/A | 0.1 | 0% |
| Spain | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | N/A | N/A | 2.4 | 0% |
| Total | 5.7 | 0.4 | 1.4 | 51.0 | 107.6% |
Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from Ecuador in 2022:
- Mexico (77.0 units)
- Peru (14.0 units)
- United States (4.0 units)
- Germany (1.0 units)
- Chile (1.0 units)
- Colombia (1.0 units)
- Spain (1.0 units)
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