Ecuador - Syringes, With or Without Needles - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Ecuador - Syringes, With or Without Needles - Market Analysis, Forecast, Size, Trends and Insights

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Syringe Price in Ecuador - 2022

Contents:

  1. Syringe Price in Ecuador (CIF) - 2022
  2. Syringe Price in Ecuador (FOB) - 2022
  3. Syringe Imports in Ecuador
  4. Syringe Exports in Ecuador

Syringe Price in Ecuador (CIF) - 2022

In 2022, the average syringe import price amounted to $47 per thousand units, surging by 6.3% against the previous year. In general, the import price, however, recorded a slight setback. The growth pace was the most rapid in 2020 when the average import price increased by 21%. The import price peaked at $64 per thousand units in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($225 per thousand units), while the price for China ($26 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.3%), while the prices for the other major suppliers experienced a decline.

Syringe Price in Ecuador (FOB) - 2022

The average syringe export price stood at $0.6 per unit in 2022, surging by 5.2% against the previous year. Over the period under review, the export price posted a significant increase. The growth pace was the most rapid in 2014 an increase of 114% against the previous year. The export price peaked at $0.6 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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 Guatemala ($8.7 per unit), while the average price for exports to Chile (less than $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 Colombia (+49.3%), while the prices for the other major destinations experienced mixed trend patterns.

Syringe Imports in Ecuador

In 2022, approx. 180M units of syringes, with or without needles were imported into Ecuador; dropping by -29.2% against the previous year. Over the period under review, imports, however, showed a temperate increase. The growth pace was the most rapid in 2021 when imports increased by 140%. As a result, imports reached the peak of 254M units, and then contracted remarkably in the following year.

In value terms, syringe imports contracted significantly to $8.4M in 2022. Overall, total imports indicated tangible growth from 2019 to 2022: its value increased at an average annual rate of +4.5% 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 +48.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 98% against the previous year. As a result, imports attained the peak of $11M, and then dropped remarkably in the following year.

Import of Syringe in Ecuador (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.32.87.24.0-2.4%
United States1.00.81.51.821.6%
United Arab Emirates0.30.20.20.30.0%
Others1.81.92.32.38.5%
Total7.45.711.28.44.3%

Top Suppliers of Syringe to Ecuador in 2022:

  1. China (151.8M units)
  2. United States (8.1M units)
  3. United Arab Emirates (4.3M units)

Syringe Exports in Ecuador

In 2022, the amount of syringes, with or without needles exported from Ecuador reached 30K units, growing by 3.3% compared with 2021 figures. The total export volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year. As a result, the exports attained the peak of 31K units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, syringe exports expanded markedly to $17K in 2022. The total export value increased at an average annual rate of +9.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 42%. As a result, the exports reached the peak of $18K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Syringe in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala0.24.43.94.8188.4%
Colombia2.23.52.62.88.4%
Sudan3.13.92.62.5-6.9%
ChileN/AN/AN/AN/A0%
India3.3N/AN/AN/A0%
Others4.06.56.46.718.8%
Total12.818.215.516.99.7%

Top Export Markets for Syringe from Ecuador in 2022:

  1. Sudan (27.4K units)
  2. Chile (1.1K units)
  3. Colombia (0.7K units)
  4. Guatemala (0.6K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the syringe 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 32501311 - Syringes, with or without needles, used in medical, surgical, d ental or veterinary sciences

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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