Price for Electrical Insulators of Any Material in Ecuador - 2022

Contents:

1. Price for Electrical Insulators of Any Material in Ecuador (CIF) - 2022
2. Price for Electrical Insulators of Any Material in Ecuador (FOB) - 2022
3. Imports of Electrical Insulators of Any Material in Ecuador
4. Exports of Electrical Insulators of Any Material in Ecuador

Price for Electrical Insulators of Any Material in Ecuador (CIF) - 2022

The average import price for electrical insulators of any materials stood at $3.7 per unit in 2022, dropping by -13.1% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 30% against the previous year. The import price peaked at $4.4 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 the United States ($16 per unit), while the price for Malaysia ($1.3 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 (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Insulators of Any Material in Ecuador (FOB) - 2022

The average export price for electrical insulators of any materials stood at $6.6 per unit in 2022, leveling off at the previous year. In general, the export price showed a deep reduction. The pace of growth appeared the most rapid in 2015 when the average export price increased by 202% against the previous year. Over the period under review, the average export prices attained the maximum at $26 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($120 per unit), while the average price for exports to Peru ($0.7 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 Haiti (+15.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electrical Insulators of Any Material in Ecuador

After two years of decline, overseas purchases of electrical insulators of any materials increased by 2.4% to 1.1M units in 2022. Over the period under review, imports, however, faced a abrupt decrease. Over the period under review, imports hit record highs at 1.7M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, electrical insulators of any material imports contracted to $4M in 2022. In general, imports, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 28%. Over the period under review, imports hit record highs at $6.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Electrical Insulators of Any Material to Ecuador in 2022:

1. Colombia (490.9K units)
2. China (389.8K units)
3. Brazil (107.9K units)
4. United States (25.8K units)
5. Malaysia (23.9K units)
6. Mexico (4.1K units)

Exports of Electrical Insulators of Any Material in Ecuador

In 2022, approx. 281 units of electrical insulators of any materials were exported from Ecuador; with a decrease of -17.6% against 2021 figures. Over the period under review, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 160% against the previous year. The exports peaked at 384 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, electrical insulators of any material exports fell sharply to $1.9K in 2022. In general, exports faced a dramatic slump. The most prominent rate of growth was recorded in 2021 when exports increased by 57%. Over the period under review, the exports hit record highs at $5.2K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Electrical Insulators of Any Material from Ecuador in 2022:

1. Brazil (195.0 units)
2. Peru (52.0 units)
3. Mexico (13.0 units)
4. Haiti (13.0 units)
5. Guatemala (5.0 units)
6. United States (3.0 units)

Source: IndexBox Market Intelligence Platform