Ecuador: Market for Medical, Surgical or Laboratory Sterilizers 2024

Market Size for Medical, Surgical or Laboratory Sterilizers in Ecuador

For the third year in a row, the Ecuadorian medical or laboratory sterilizer market recorded decline in sales value, which decreased by X% to $X in 2022. Over the period under review, consumption saw a perceptible curtailment. Medical or laboratory sterilizer consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Exports of Medical, Surgical or Laboratory Sterilizers

Exports from Ecuador

For the fifth year in a row, Ecuador recorded growth in shipments abroad of medical, surgical or laboratory sterilizers, which increased by X% to X units in 2022. Over the period under review, exports, however, saw a abrupt slump. 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 units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, medical or laboratory sterilizer exports soared to $X in 2022. Overall, exports, however, recorded a abrupt contraction. The growth pace was the most rapid in 2019 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X units) was the main destination for medical or laboratory sterilizer exports from Ecuador, accounting for a X% share of total exports. Moreover, medical or laboratory sterilizer exports to France exceeded the volume sent to the second major destination, Colombia (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to France amounted to X%.

In value terms, France ($X) emerged as the key foreign market for medical, surgical or laboratory sterilizers exports from Ecuador, comprising X% of total exports. The second position in the ranking was taken by Colombia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to France amounted to X%.

Export Prices by Country

In 2022, the average medical or laboratory sterilizer export price amounted to $X per unit, which is down by X% against the previous year. In general, the export price faced a abrupt curtailment. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Colombia amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (X%).

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Imports of Medical, Surgical or Laboratory Sterilizers

Imports into Ecuador

In 2022, supplies from abroad of medical, surgical or laboratory sterilizers decreased by X% to X units, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a slight contraction. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, medical or laboratory sterilizer imports plummeted to $X in 2022. Over the period under review, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest medical or laboratory sterilizer supplier to Ecuador, with a X% share of total imports. Moreover, medical or laboratory sterilizer imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), ninefold. The United States (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

In value terms, China ($X), the United States ($X) and Germany ($X) constituted the largest medical or laboratory sterilizer suppliers to Ecuador, with a combined X% share of total imports. Italy, South Korea, the Czech Republic, Spain, Hong Kong SAR and Brazil lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Hong Kong SAR, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average medical or laboratory sterilizer import price amounted to $X per unit, shrinking by X% against the previous year. In general, the import price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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