Ecuador - Sparking Plugs - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSpark Plug Price in Ecuador - 2022
Contents:
- Spark Plug Price in Ecuador (CIF) - 2022
- Spark Plug Price in Ecuador (FOB) - 2022
- Spark Plug Imports in Ecuador
- Spark Plug Exports in Ecuador
Spark Plug Price in Ecuador (CIF) - 2022
In January 2022, the average spark plug import price amounted to $3.2 per unit, which is down by -4.9% against the previous month. Over the period under review, import price indicated a mild expansion from January 2021 to January 2022: its price increased at an average monthly rate of +1.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, spark plug import price increased by +15.9% against November 2021 indices. The growth pace was the most rapid in July 2021 an increase of 53% against the previous month. As a result, import price reached the peak level of $4.5 per unit. From August 2021 to January 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was Japan ($17.5 per unit), while the price for China ($1.5 per unit) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Japan (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Spark Plug Price in Ecuador (FOB) - 2022
In 2022, the average spark plug export price amounted to $1 per unit, approximately equating the previous year. Overall, the export price saw a abrupt contraction. The pace of growth appeared the most rapid in 2018 an increase of 69% against the previous year. Over the period under review, the average export prices reached the peak figure at $1.7 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($5.3 per unit), while the average price for exports to Mexico ($0.1 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 Taiwan (Chinese) (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.
Spark Plug Imports in Ecuador
In 2022, imports of sparking plugs into Ecuador fell remarkably to 5.2M units, declining by -21.4% compared with the previous year. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 41% against the previous year. As a result, imports reached the peak of 6.6M units, and then shrank notably in the following year.
In value terms, spark plug imports declined significantly to $6.4M in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year. As a result, imports attained the peak of $7.6M, and then declined rapidly in the following year.
Import of Spark Plug in Ecuador (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 3,148 | 2,627 | 3,021 | 3,201 | 0.6% |
China | 458 | 509 | 937 | 677 | 13.9% |
Russia | 324 | 122 | 719 | 529 | 17.8% |
United States | 677 | 477 | 667 | 501 | -9.5% |
Germany | 288 | 121 | 251 | 496 | 19.9% |
South Korea | 263 | 281 | 532 | 451 | 19.7% |
Mexico | 153 | 88.7 | 257 | 189 | 7.3% |
Indonesia | 80.8 | 87.5 | 192 | 141 | 20.4% |
Japan | 723 | 731 | 784 | 73.7 | -53.3% |
Others | 266 | 169 | 224 | 138 | -19.6% |
Total | 6,381 | 5,211 | 7,585 | 6,398 | 0.1% |
Top Suppliers of Spark Plug to Ecuador in 2022:
- Brazil (2571.5K units)
- China (1061.2K units)
- Russia (402.9K units)
- Germany (256.5K units)
- Mexico (217.3K units)
- South Korea (193.3K units)
- United States (179.5K units)
- Indonesia (151.9K units)
- Japan (34.3K units)
Spark Plug Exports in Ecuador
After three years of growth, shipments abroad of sparking plugs decreased by -16.7% to 4.8K units in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 314%. The exports peaked at 5.8K units in 2021, and then fell rapidly in the following year.
In value terms, spark plug exports declined significantly to $4.8K in 2022. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 392% against the previous year. The exports peaked at $5.8K in 2021, and then reduced dramatically in the following year.
Export of Spark Plug in Ecuador (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 141 | 2,511 | 3,611 | 2,176 | 149.0% |
Panama | 542 | 10.0 | 278 | 1,663 | 45.3% |
Estonia | 26.0 | 456 | 656 | 395 | 147.7% |
United States | 7.0 | 223 | 409 | 315 | 255.7% |
Peru | 8.0 | 125 | 68.0 | 59.0 | 94.6% |
Chile | 1.0 | 114 | 118 | 51.0 | 270.8% |
Others | 36.0 | 308 | 656 | 112 | 46.0% |
Total | 761 | 3,747 | 5,796 | 4,771 | 84.4% |
Top Export Markets for Spark Plug from Ecuador in 2022:
- Panama (1922.0 units)
- United States (1442.0 units)
- Estonia (457.0 units)
- Taiwan (Chinese) (411.0 units)
- Peru (315.0 units)
- Chile (132.0 units)
This report provides an in-depth analysis of the spark plug market 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 29312130 - Sparking plugs
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the spark plug market in Ecuador.
This report provides an in-depth analysis of the engine generator market in Ecuador.
This report provides an in-depth analysis of the starter motor market in Ecuador.
This report provides an in-depth analysis of the ignition coil market in Ecuador.
This report provides an in-depth analysis of the market for internal combustion engine equipment in Ecuador.
This report provides an in-depth analysis of the ignition magneto market in Ecuador.
This report provides an in-depth analysis of the global spark plug market.
This report provides an in-depth analysis of the global engine generator market.
This report provides an in-depth analysis of the global starter motor market.
This report provides an in-depth analysis of the global ignition coil market.
Global spark plug market projected to see slight growth in volume and value terms over the next seven years. Consumption trends, production, imports, and exports analyzed for key countries.
Explore the top countries by import value for spark plugs in 2023. Learn about the key players and factors driving the global market.
In value terms, generators for producer and water gas imports amounted to $X in 2016. Overall, generators for producer and water gas imports continue to indicate a noticeable shrinkage. Global gene...
In value terms, generators for producer and water gas exports amounted to $X in 2016. In general, generators for producer and water gas exports continue to indicate a moderate contraction. In that ...
In 2016, the global engine generator imports totaled X tons, increasing by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
In 2016, the global engine generator imports totaled X tons, increasing by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
Global spark plug market projected to see slight growth in volume and value terms over the next seven years. Consumption trends, production, imports, and exports analyzed for key countries.
Explore the top countries by import value for spark plugs in 2023. Learn about the key players and factors driving the global market.
In value terms, generators for producer and water gas imports amounted to $X in 2016. Overall, generators for producer and water gas imports continue to indicate a noticeable shrinkage. Global gene...
In value terms, generators for producer and water gas exports amounted to $X in 2016. In general, generators for producer and water gas exports continue to indicate a moderate contraction. In that ...