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Ecuador - Natural Rubber And Gums - Market Analysis, Forecast, Size, Trends and Insights
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Ecuador: Overview of the Market for Natural Rubber And Gums 2021

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Market Size for Natural Rubber And Gums in Ecuador

In 2019, the Ecuadorian natural rubber and gum market decreased by -X% to $X, falling for the fifth consecutive year after two years of growth. Over the period under review, the total consumption indicated perceptible growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -X% against 2014 indices. The pace of growth was the most pronounced in 2011 when the market value increased by X% y-o-y. Natural rubber and gum consumption peaked at $X in 2014; however, from 2015 to 2019, consumption failed to regain the momentum.

Production of Natural Rubber And Gums in Ecuador

In value terms, natural rubber and gum production fell slightly to $X in 2019 estimated in export prices. In general, the total production indicated a tangible increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by -X% against 2014 indices. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Natural rubber and gum production peaked at $X in 2014; however, from 2015 to 2019, production stood at a somewhat lower figure.

The average yield of natural rubber and gums in Ecuador totaled X tonnes per ha in 2019, approximately equating the year before. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 when the yield increased by X% y-o-y. The natural rubber and gum yield peaked at X tonnes per ha in 2014; however, from 2015 to 2019, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the total area harvested in terms of natural rubber and gums production in Ecuador was estimated at X ha, with an increase of X% against 2018 figures. The harvested area increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. The natural rubber and gum harvested area peaked in 2019 and is expected to retain growth in the near future.

Exports of Natural Rubber And Gums

Exports from Ecuador

In 2019, approx. X kg of natural rubber and gums were exported from Ecuador; leveling off at 2018 figures. Over the period under review, exports faced a significant contraction. As a result, exports attained the peak of X tonnes. From 2009 to 2019, the growth exports remained at a lower figure.

In value terms, natural rubber and gum exports stood at $X in 2019. In general, exports faced a dramatic shrinkage. As a result, exports attained the peak of $X. From 2009 to 2019, the growth exports remained at a lower figure.

Imports of Natural Rubber And Gums

Imports into Ecuador

Natural rubber and gum imports into Ecuador soared to X tonnes in 2019, with an increase of X% against the year before. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure in 2019 and are expected to retain growth in years to come.

In value terms, natural rubber and gum imports totaled $X in 2019. In general, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Imports peaked in 2019 and are expected to retain growth in years to come.

Imports by Country

In 2019, Colombia (X tonnes) constituted the largest supplier of natural rubber and gum to Ecuador, with a X% share of total imports. Moreover, natural rubber and gum imports from Colombia exceeded the figures recorded by the second-largest supplier, Guatemala (X tonnes), fourfold.

From 2007 to 2019, the average annual rate of growth in terms of volume from Colombia amounted to +X%.

In value terms, Colombia ($X) constituted the largest supplier of natural rubber and gum to Ecuador, comprising X% of total imports. The second position in the ranking was occupied by Guatemala ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from Colombia stood at +X%.

Import Prices by Country

The average natural rubber and gum import price stood at $X per tonne in 2019, shrinking by -X% against the previous year. In general, the import price recorded a mild setback. The most prominent rate of growth was recorded in 2009 an increase of X% y-o-y. The import price peaked at $X per tonne in 2012; however, from 2013 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Guatemala ($X per tonne), while the price for Colombia amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Guatemala.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for natural rubber and gums in the world?
+
The countries with the highest volumes of natural rubber and gum consumption in 2019 were Thailand (4M tonnes), Indonesia (3.7M tonnes) and China (1.4M tonnes), together accounting for 62% of global consumption. These countries were followed by Viet Nam, Malaysia, India and Cote d'Ivoire, which together accounted for a further 25%.
What are the largest producers of natural rubber and gums in the world?
+
The countries with the highest volumes of natural rubber and gum production in 2019 were Thailand (4.9M tonnes), Indonesia (3.7M tonnes) and Viet Nam (1.2M tonnes), with a combined 67% share of global production. These countries were followed by India, China, Malaysia and Cote d'Ivoire, which together accounted for a further 21%.
What are the leading suppliers of natural rubber and gums to Ecuador?
+
In value terms, Colombia ($648K) constituted the largest supplier of natural rubber and gum to Ecuador, comprising 67% of total imports. The second position in the ranking was occupied by Guatemala ($298K), with a 31% share of total imports.
What is the average import price for natural rubber and gums in Ecuador?
+
In 2019, the average natural rubber and gum import price amounted to $1,508 per tonne, falling by -14.9% against the previous year.

Product coverage:
• FCL 836 - Natural rubber

This report provides an in-depth analysis of the market for natural rubber and gum 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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