Ecuador: Non-Cellular Polyethylene Film Market 2024

Non-Cellular Polyethylene Film Market Size in Ecuador

In 2022, the Ecuadorian non-cellular polyethylene film market increased by X% to $X, rising for the sixth consecutive year after two years of decline. Overall, the total consumption indicated a resilient expansion from 2012 to 2022: its value 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, consumption increased by X% against 2016 indices. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the immediate term.

Non-Cellular Polyethylene Film Exports

Exports from Ecuador

In 2022, exports of non-cellular polyethylene films, sheets, foil and strip from Ecuador shrank to X tons, declining by X% compared with the previous year. Overall, exports saw a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, non-cellular polyethylene film exports reached $X in 2022. In general, exports recorded a mild decrease. The growth pace was the most rapid in 2021 when exports increased by X%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Peru (X tons), Venezuela (X tons) and the United States (X tons) were the main destinations of non-cellular polyethylene film exports from Ecuador, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Peru ($X), Venezuela ($X) and Colombia ($X) appeared to be the largest markets for non-cellular polyethylene film exported from Ecuador worldwide, together comprising X% of total exports. The United States and Cuba lagged somewhat behind, together accounting for a further X%.

The United States, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination 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 non-cellular polyethylene film export price amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to Cuba ($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 Guatemala (X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Cellular Polyethylene Film Imports

Imports into Ecuador

Non-cellular polyethylene film imports into Ecuador reduced to X tons in 2022, stabilizing at the previous year. In general, total imports indicated a resilient expansion from 2012 to 2022: its volume 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, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then contracted in the following year.

In value terms, non-cellular polyethylene film imports reached $X in 2022. Over the period under review, total imports indicated a buoyant increase from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Peru (X tons) constituted the largest non-cellular polyethylene film supplier to Ecuador, accounting for a X% share of total imports. Moreover, non-cellular polyethylene film imports from Peru exceeded the figures recorded by the second-largest supplier, Colombia (X tons), twofold. Chile (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Peru totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (X% per year) and Chile (X% per year).

In value terms, Peru ($X), Colombia ($X) and Chile ($X) constituted the largest non-cellular polyethylene film suppliers to Ecuador, together accounting for X% of total imports. Italy, China, Spain, Israel, the United States, Canada and Brazil lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Italy, 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 more modest paces of growth.

Import Prices by Country

The average non-cellular polyethylene film import price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Brazil ($X per ton) 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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