Ecuador: Plain Postcard Market 2024

Plain Postcard Market Size in Ecuador

The Ecuadorian plain postcard market rose sharply to $X in 2023, increasing by X% against the previous year. Overall, consumption continues to indicate a resilient increase. Over the period under review, the market attained the peak level at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Plain Postcard Production in Ecuador

In value terms, plain postcard production rose sharply to $X in 2023 estimated in export price. In general, production enjoyed a strong expansion. The growth pace was the most rapid in 2014 when the production volume increased by X%. Plain postcard production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

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Plain Postcard Exports

Exports from Ecuador

In 2023, exports of letter cards, plain postcards and correspondence cards from Ecuador soared to X kg, increasing by X% on 2022 figures. Over the period under review, exports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at X kg in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

In value terms, plain postcard exports soared to $X in 2023. In general, exports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

France (X kg) was the main destination for plain postcard exports from Ecuador, with a X% share of total exports. Moreover, plain postcard exports to France exceeded the volume sent to the second major destination, the United Arab Emirates (X kg), threefold. Panama (X kg) ranked third in terms of total exports with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to France stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Panama (X% per year).

In value terms, France ($X) remains the key foreign market for letter cards, plain postcards and correspondence cards exports from Ecuador, comprising X% of total exports. The second position in the ranking was taken by Paraguay ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average plain postcard export price stood at $X per ton in 2023, picking up by X% against the previous year. Overall, the export price, however, recorded a mild curtailment. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while the average price for exports to Panama ($X per ton) was amongst the lowest.

From 2012 to 2023, 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 more modest paces of growth.

Plain Postcard Imports

Imports into Ecuador

In 2023, after two years of growth, there was significant decline in overseas purchases of letter cards, plain postcards and correspondence cards, when their volume decreased by X% to X tons. Overall, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, plain postcard imports dropped significantly to $X in 2023. Over the period under review, imports faced a deep reduction. The growth pace was the most rapid in 2022 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

Colombia (X kg), China (X kg) and the UK (X kg) were the main suppliers of plain postcard imports to Ecuador, with a combined X% share of total imports. The United States, Peru and Panama lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Peru (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) constituted the largest supplier of letter cards, plain postcards and correspondence cards to Ecuador, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Panama, with a X% share.

From 2012 to 2023, the average annual growth rate of value from the UK amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Panama (X% per year).

Import Prices by Country

In 2023, the average plain postcard import price amounted to $X per ton, falling by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X%. The import price peaked at $X per ton in 2022, and then contracted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Panama ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Panama (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform