Report Ecuador - Ships, Vessels, Ferry-Boats for the Transport of Persons - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Nov 11, 2022

Ecuador - Ships, Vessels, Ferry-Boats for the Transport of Persons - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Shipping Market 2022

Shipping Market Size in Ecuador

In 2021, the Ecuadorian shipping market was finally on the rise to reach $X for the first time since 2016, thus ending a four-year declining trend. Overall, consumption, however, continues to indicate a abrupt decline. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Shipping Production in Ecuador

In value terms, shipping production stood at $X in 2021 estimated in export price. In general, production, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2016 when the production volume increased by 34%. Shipping production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Shipping Exports

Exports from Ecuador

In 2021, overseas shipments of ships, vessels, ferry-boats for the transport of persons decreased by -75.8% to X units, falling for the second year in a row after four years of growth. Over the period under review, exports showed a deep setback. The most prominent rate of growth was recorded in 2019 when exports increased by 68% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, shipping exports dropped dramatically to $X in 2021. In general, exports, however, saw prominent growth. The pace of growth appeared the most rapid in 2014 with an increase of 86% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Greece (X units) was the main destination for shipping exports from Ecuador, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Greece was relatively modest.

From 2012 to 2021, the average annual growth rate of value to Greece was relatively modest.

Export Prices by Country

In 2021, the average shipping export price amounted to $X per unit, increasing by 10% against the previous year. Overall, the export price enjoyed a significant increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 233%. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Greece.

From 2012 to 2021, the rate of growth in terms of prices for Chile amounted to 0.0% per year.

Shipping Imports

Imports into Ecuador

In 2021, supplies from abroad of ships, vessels, ferry-boats for the transport of persons decreased by -75% to X units, falling for the sixth consecutive year after four years of growth. In general, imports faced a sharp contraction. The growth pace was the most rapid in 2015 when imports increased by 185%. As a result, imports reached the peak of X units. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, shipping imports dropped remarkably to $X in 2021. Over the period under review, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when imports increased by 242%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Bahamas (X units) was the main shipping supplier to Ecuador, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Bahamas totaled -33.1%.

In value terms, Bahamas ($X) constituted the largest supplier of shipping to Ecuador, comprising 99% of total imports. The second position in the ranking was held by Panama ($X), with a 0.8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Bahamas stood at -8.9%.

Import Prices by Country

In 2021, the average shipping import price amounted to $X per unit, picking up by 3% against the previous year. Over the period under review, the import price saw a significant expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 83% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Bahamas ($X per unit), while the price for Panama totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bahamas (+40.6%).

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for ships, vessels, ferry-boats for the transport of persons in the world?
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The countries with the highest volumes of consumption in 2021 were France, Singapore and China, with a combined 54% share of global consumption.
What are the largest producers of ships, vessels, ferry-boats for the transport of persons in the world?
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Italy remains the largest shipping producing country worldwide, comprising approx. 38% of total volume. Moreover, shipping production in Italy exceeded the figures recorded by the second-largest producer, Singapore, threefold. The third position in this ranking was held by France, with an 11% share.
What are the leading suppliers of ships, vessels, ferry-boats for the transport of persons to Ecuador?
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In value terms, Bahamas constituted the largest supplier of shipping to Ecuador, comprising 99% of total imports. The second position in the ranking was held by Panama, with a 0.8% share of total imports.
What is the average export price for ships, vessels, ferry-boats for the transport of persons in Ecuador?
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The average shipping export price stood at $590 per unit in 2021, rising by 10% against the previous year.
What is the average import price for ships, vessels, ferry-boats for the transport of persons in Ecuador?
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In 2021, the average shipping import price amounted to $185,375 per unit, growing by 3% against the previous year.

This report provides an in-depth analysis of the shipping market 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 2030.


Product coverage:
• Prodcom 30112130 - Cruise vessels
• Prodcom 30112150 - Ferries
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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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