Ecuador: Market for Non-Domestic Percolators and Equipment For Cooking Or Heating Food 2024

Market Size for Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Ecuador

In 2022, the Ecuadorian market for non-domestic percolators and equipment for cooking or heating food increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption saw a prominent increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Exports from Ecuador

In 2022, shipments abroad of non-domestic percolators and equipment for cooking or heating food decreased by X% to X units, falling for the sixth consecutive year after five years of growth. Overall, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports of reached the peak figure at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of non-domestic percolators and equipment for cooking or heating food fell sharply to $X in 2022. Over the period under review, exports, however, showed a strong increase. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Colombia (X units) was the main destination for exports of non-domestic percolators and equipment for cooking or heating food from Ecuador, accounting for a X% share of total exports. Moreover, exports of non-domestic percolators and equipment for cooking or heating food to Colombia exceeded the volume sent to the second major destination, Peru (X units), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Colombia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (X% per year) and the United States (X% per year).

In value terms, Colombia ($X) remains the key foreign market for non-domestic percolators and equipment for cooking or heating food exports from Ecuador, comprising X% of total exports. The second position in the ranking was taken by Peru ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Colombia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (X% per year) and the United States (X% per year).

Export Prices by Country

In 2022, the average export price for non-domestic percolators and equipment for cooking or heating food amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price, however, posted a temperate expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Imports into Ecuador

In 2022, overseas purchases of non-domestic percolators and equipment for cooking or heating food increased by X% to X units, rising for the second year in a row after two years of decline. In general, imports posted a noticeable expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of non-domestic percolators and equipment for cooking or heating food surged to $X in 2022. Overall, imports saw a resilient expansion. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

China (X units), the United States (X units) and Italy (X units) were the main suppliers of imports of non-domestic percolators and equipment for cooking or heating food to Ecuador, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-domestic percolators and equipment for cooking or heating food suppliers to Ecuador were the United States ($X), China ($X) and Italy ($X), with a combined X% share of total imports.

Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of 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 import price for non-domestic percolators and equipment for cooking or heating food stood at $X per unit in 2022, waning by X% against the previous year. In general, the import price, however, continues to indicate a modest increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 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 ($X per unit), while the price for China ($X per unit) 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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