Ecuador: Paper Label Market 2024

Paper Label Market Size in Ecuador

The Ecuadorian paper label market surged to $X in 2022, picking up by X% against the previous year. Overall, consumption, however, continues to indicate a perceptible contraction. Paper label consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Paper Label Production in Ecuador

In value terms, paper label production reached $X in 2022 estimated in export price. Over the period under review, production, however, showed resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Paper Label Exports

Exports from Ecuador

For the third consecutive year, Ecuador recorded growth in shipments abroad of labels of paper or paperboard, which increased by X% to X tons in 2022. In general, exports recorded tangible growth. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, paper label exports skyrocketed to $X in 2022. Overall, exports, however, recorded a pronounced setback. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Peru (X tons), Colombia (X tons) and the United States (X tons) were the main destinations of paper label exports from Ecuador, together comprising X% of total exports. Panama lagged somewhat behind, comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Panama (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for paper label exported from Ecuador were Peru ($X), Colombia ($X) and the United States ($X), together comprising X% of total exports. These countries were followed by Panama, which accounted for a further X%.

In terms of the main countries of destination, Panama, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average paper label export price amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price showed a noticeable shrinkage. The growth pace was the most rapid in 2019 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced mixed trend patterns.

Paper Label Imports

Imports into Ecuador

In 2022, the amount of labels of paper or paperboard imported into Ecuador soared to X tons, with an increase of X% compared with 2021 figures. Over the period under review, imports, however, saw a pronounced slump. The growth pace was the most rapid in 2017 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, paper label imports soared to $X in 2022. In general, imports, however, saw a slight contraction. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Colombia (X tons), China (X tons) and the United States (X tons) were the main suppliers of paper label imports to Ecuador, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Colombia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X), China ($X) and the United States ($X) were the largest paper label suppliers to Ecuador, with a combined X% share of total imports.

China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average paper label import price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paper label import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of X%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Spain ($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 more modest paces of growth.

Source: IndexBox Platform

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