Report Update Apr 1, 2024

Ecuador - Glass Fibre Mats - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Glass Fibre Mat Market 2024

Glass Fibre Mat Market Size in Ecuador

In 2022, after three years of decline, there was significant growth in the Ecuadorian glass fibre mat market, when its value increased by 92% to $X. In general, consumption, however, recorded a noticeable curtailment. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Glass Fibre Mat Exports

Exports from Ecuador

Glass fibre mat exports from Ecuador fell to X kg in 2021, with a decrease of -11.4% compared with the previous year's figure. Over the period under review, exports showed a abrupt curtailment. Over the period under review, the exports reached the maximum at X kg in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, glass fibre mat exports reduced notably to $X in 2021. Overall, exports continue to indicate a dramatic decline. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Switzerland (X kg) was the main destination for glass fibre mat exports from Ecuador, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Switzerland amounted to -12.5%.

In value terms, Switzerland ($X) emerged as the key foreign market for glass fibre mats exports from Ecuador.

From 2012 to 2021, the average annual rate of growth in terms of value to Switzerland totaled -19.9%.

Export Prices by Country

The average glass fibre mat export price stood at $X per ton in 2021, falling by -9.1% against the previous year. Over the period under review, the export price faced a abrupt decline. The most prominent rate of growth was recorded in 2016 when the average export price decreased by -8.4%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From 2012 to 2021, the rate of growth in terms of prices for Switzerland amounted to -8.5% per year.

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Glass Fibre Mat Imports

Imports into Ecuador

In 2022, overseas purchases of glass fibre mats were finally on the rise to reach X tons after three years of decline. In general, imports, however, recorded a pronounced reduction. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, glass fibre mat imports skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a perceptible slump. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) was the main supplier of glass fibre mat to Ecuador, with a 93% share of total imports. It was followed by Hong Kong SAR (X tons), with a 2.3% share of total imports. Russia (X tons) ranked third in terms of total imports with a 2.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (-18.6% per year) and Russia (+9.6% per year).

In value terms, China ($X) constituted the largest supplier of glass fibre mats to Ecuador, comprising 94% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a 1.7% share of total imports. It was followed by India, with a 1.6% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to -1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (-14.4% per year) and India (-21.3% per year).

Import Prices by Country

In 2022, the average glass fibre mat import price amounted to $X per ton, with a decrease of -9.1% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 14% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for glass fibre mats in the world?

The countries with the highest volumes of consumption in 2022 were China, the United States and Germany, with a combined 41% share of global consumption. India, Japan, Poland, Russia, Bangladesh, Brazil, the UK, Mexico, Thailand and Canada lagged somewhat behind, together accounting for a further 36%.

What are the largest producers of glass fibre mats in the world?

The country with the largest volume of glass fibre mat production was China, accounting for 26% of total volume. Moreover, glass fibre mat production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was held by Germany, with a 9.6% share.

What are the leading suppliers of glass fibre mats to Ecuador?

In value terms, China constituted the largest supplier of glass fibre mats to Ecuador, comprising 94% of total imports. The second position in the ranking was taken by Hong Kong SAR, with a 1.7% share of total imports. It was followed by India, with a 1.6% share.

What are the leading importers of glass fibre mats from Ecuador?

In value terms, Switzerland $54) emerged as the key foreign market for glass fibre mats exports from Ecuador.

What is the average export price for glass fibre mats in Ecuador?

The average glass fibre mat export price stood at $1,385 per ton in 2021, falling by -9.1% against the previous year.

What is the average import price for glass fibre mats in Ecuador?

In 2022, the average glass fibre mat import price amounted to $1,564 per ton, waning by -9.1% against the previous year.

This report provides an in-depth analysis of the glass fibre mat 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 23141162 - Glass fibre mats made of filaments
Prodcom 23141217 - Glass fibre mats made of glass wool
Prodcom 23141210 -
Prodcom 23141220 -

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

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
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
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