Report Update Apr 1, 2024

Ecuador - Hot-Rolled Wire Rod in Coil of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Market for Hot-Rolled Wire Rod In Coil Of Stainless Steel 2024

Market Size for Hot-Rolled Wire Rod In Coil Of Stainless Steel in Ecuador

The Ecuadorian market for hot-rolled wire rod in coil of stainless steel contracted to $X in 2022, with a decrease of X% against the previous year. In general, consumption saw a dramatic curtailment. Hot-rolled wire stainless steel rod consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Hot-Rolled Wire Rod In Coil Of Stainless Steel in Ecuador

In value terms, hot-rolled wire stainless steel rod production declined slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Exports of Hot-Rolled Wire Rod In Coil Of Stainless Steel

Exports from Ecuador

In 2017, approx. X tons of hot-rolled wire rod in coil of stainless steel were exported from Ecuador; almost unchanged from the previous year's figure. Overall, exports enjoyed a significant expansion. The smallest decline of X% was in 2013. Over the period under review, the exports reached the maximum in 2017 and are likely to continue growth in the immediate term.

In value terms, hot-rolled wire stainless steel rod exports stood at $X in 2017. Over the period under review, exports posted a significant increase. The smallest decline of X% was in 2013. The exports peaked in 2017 and are likely to see steady growth in years to come.

Exports by Country

Suriname (X tons) was the main destination for hot-rolled wire stainless steel rod exports from Ecuador, accounting for a approx. X% share of total exports.

From 2012 to 2017, the average annual rate of growth in terms of volume to Suriname was relatively modest.

From 2012 to 2017, the average annual growth rate of value to Suriname was relatively modest.

Export Prices by Country

In 2017, the average export price for hot-rolled wire rod in coil of stainless steel amounted to $X per ton, approximately equating the previous year. In general, the export price saw a precipitous curtailment. The growth pace was the most rapid in 2013 a decrease of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2017, the export prices failed to regain momentum.

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

From 2012 to 2017, the rate of growth in terms of prices for Suriname amounted to X% per year.

Imports of Hot-Rolled Wire Rod In Coil Of Stainless Steel

Imports into Ecuador

Hot-rolled wire stainless steel rod imports into Ecuador fell markedly to X kg in 2022, with a decrease of X% compared with the year before. Over the period under review, imports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, hot-rolled wire stainless steel rod imports surged to $X in 2022. Overall, imports continue to indicate a precipitous shrinkage. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X kg), South Korea (X kg) and the United States (X kg) were the main suppliers of hot-rolled wire stainless steel rod imports to Ecuador, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, South Korea ($X) constituted the largest supplier of hot-rolled wire rod in coil of stainless steel to Ecuador, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from South Korea totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United States (X% per year).

Import Prices by Country

The average import price for hot-rolled wire rod in coil of stainless steel stood at $X per ton in 2022, jumping by X% against the previous year. In general, the import price showed significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), 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 hot-rolled wire rod in coil of stainless steel in the world?

The countries with the highest volumes of consumption in 2023 were Singapore, Italy and Germany, together accounting for 32% of global consumption. Thailand, China, the United States, Switzerland, France, Vietnam, Taiwan Chinese), Malaysia, South Korea and the Czech Republic lagged somewhat behind, together comprising a further 47%.

What are the largest producers of hot-rolled wire rod in coil of stainless steel in the world?

The countries with the highest volumes of production in 2022 were Taiwan Chinese), China and Singapore, with a combined 46% share of global production. Japan, France, India, Spain, Italy and Sweden lagged somewhat behind, together accounting for a further 46%.

What are the leading suppliers of hot-rolled wire rod in coil of stainless steel to Ecuador?

In value terms, South Korea constituted the largest supplier of hot-rolled wire rod in coil of stainless steel to Ecuador, comprising 76% of total imports. The second position in the ranking was held by China, with a 21% share of total imports.

What is the average export price for hot-rolled wire rod in coil of stainless steel in Ecuador?

The average export price for hot-rolled wire rod in coil of stainless steel stood at $1,366 per ton in 2017, stabilizing at the previous year.

What is the average import price for hot-rolled wire rod in coil of stainless steel in Ecuador?

The average import price for hot-rolled wire rod in coil of stainless steel stood at $22,057 per ton in 2022, picking up by 274% against the previous year.

This report provides an in-depth analysis of the market for hot-rolled wire stainless steel rod 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 24106300 - Hot-rolled wire rod in coil, of stainless steel

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