Ecuador: Household Dishwashing Machine Market 2022

Household Dishwashing Machine Market Size in Ecuador

The Ecuadorian household dishwashing machine market soared to $X in 2021, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate pronounced growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Household Dishwashing Machine Exports

Exports from Ecuador

In 2021, shipments abroad of household dishwashing machines decreased by X% to X units for the first time since 2013, thus ending a seven-year rising trend. In general, exports showed strong growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The exports peaked at X units in 2020, and then stood in the following year.

In value terms, household dishwashing machine exports dropped notably to $X in 2021. Overall, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then fell sharply in the following year.

Exports by Country

Guatemala (X units) was the main destination for household dishwashing machine exports from Ecuador, with a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Guatemala stood at +X%.

In value terms, Guatemala ($X) also remains the key foreign market for household dishwashing machine exports from Ecuador.

From 2012 to 2021, the average annual growth rate of value to Guatemala totaled +X%.

Export Prices by Country

The average household dishwashing machine export price stood at $X per unit in 2021, with a decrease of -X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2020, and then declined in the following year.

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

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

Household Dishwashing Machine Imports

Imports into Ecuador

In 2021, approx. X units of household dishwashing machines were imported into Ecuador; increasing by X% against the previous year's figure. In general, imports posted a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, household dishwashing machine imports surged to $X in 2021. Over the period under review, imports enjoyed a notable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) was the main supplier of household dishwashing machine to Ecuador, accounting for a X% share of total imports. It was followed by the United States (X units), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China stood at +X%.

In value terms, China ($X) constituted the largest supplier of household dishwashing machine to Ecuador, comprising X% of total imports. The second position in the ranking was occupied by the United States ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +X%.

Import Prices by Country

In 2021, the average household dishwashing machine import price amounted to $X per unit, dropping by -X% against the previous year. Overall, the import price recorded a perceptible contraction. The pace of growth appeared the most rapid in 2020 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+X%).

Source: IndexBox Platform