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Ecuador - Automotive Lighting - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAutomotive Lighting Price in Ecuador - 2022
Contents:
- Automotive Lighting Price in Ecuador (CIF) - 2022
- Automotive Lighting Price in Ecuador (FOB) - 2022
- Automotive Lighting Imports in Ecuador
- Automotive Lighting Exports in Ecuador
Automotive Lighting Price in Ecuador (CIF) - 2022
In January 2022, the average automotive lighting import price amounted to $8.7 per unit, with an increase of 37% against the previous month. Over the period from January 2021 to January 2022, it increased at an average monthly rate of +1.9%. Over the period under review, average import prices reached the maximum at $9.6 per unit in November 2021; however, from December 2021 to January 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Colombia ($29.3 per unit), while the price for China ($4.4 per unit) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by China (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Automotive Lighting Price in Ecuador (FOB) - 2022
In 2022, the average automotive lighting export price amounted to $22 per unit, rising by 2.4% against the previous year. Over the period under review, the export price continues to indicate a prominent increase. The growth pace was the most rapid in 2013 an increase of 110% against the previous year. The export price peaked at $32 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to +53.1% per year.
Automotive Lighting Imports in Ecuador
In 2022, the amount of automotive lighting imported into Ecuador fell markedly to 1.2M units, dropping by -85.9% on 2021 figures. Overall, imports recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 72%. As a result, imports attained the peak of 8.8M units, and then shrank dramatically in the following year.
In value terms, automotive lighting imports contracted rapidly to $16M in 2022. Over the period under review, imports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year. Over the period under review, imports attained the peak figure at $22M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Automotive Lighting in Ecuador (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | N/A | N/A | 0.1 | 16.3 | 16200.0% |
Colombia | 1.3 | 1.3 | 2.0 | N/A | 24.0% |
China | 6.8 | 4.0 | 6.9 | N/A | 0.7% |
Taiwan (Chinese) | 7.0 | 4.0 | 4.9 | N/A | -16.3% |
Others | 6.6 | 3.9 | 5.6 | N/A | -7.9% |
Total | 21.7 | 13.2 | 19.5 | 16.3 | -9.1% |
Top Suppliers of Automotive Lighting to Ecuador in 2022:
- United Arab Emirates (1.2M units)
Automotive Lighting Exports in Ecuador
In 2022, automotive lighting exports from Ecuador expanded notably to 2.3K units, increasing by 12% compared with the previous year's figure. Overall, exports enjoyed a slight expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 71% against the previous year. As a result, the exports reached the peak of 3.8K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, automotive lighting exports expanded notably to $51K in 2022. Over the period under review, exports, however, saw a deep reduction. The exports peaked at $70K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Automotive Lighting in Ecuador (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | N/A | N/A | N/A | 50.7 | 0% |
Peru | 15.6 | 14.6 | 4.4 | N/A | -46.9% |
United States | 20.7 | 17.2 | 13.2 | N/A | -20.1% |
Panama | N/A | 3.1 | 0.4 | N/A | -87.1% |
Colombia | 10.4 | 20.9 | 13.4 | N/A | 13.5% |
Others | 23.2 | 1.3 | 12.8 | N/A | -25.7% |
Total | 70.0 | 57.1 | 44.3 | 50.7 | -10.2% |
Top Export Markets for Automotive Lighting from Ecuador in 2022:
- United Arab Emirates (2.3K units)
This report provides an in-depth analysis of the automotive lighting 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 27403910 - Electrical lighting or visual signalling equipment for motor vehicles (excluding electric filament or discharge lamps, s ealed beam lamp units, ultraviolet, infrared and arc lamps)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Discover the top import markets for automotive lighting in 2023, including the United States, Germany, China, and more. Explore key statistics and import values in the automotive industry.
Explore the world's top import markets for lighting equipment for motor vehicles in 2023. Learn about the key countries driving the global trade of automotive lighting components.
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
Discover the top import markets for automotive lighting in 2023, including the United States, Germany, China, and more. Explore key statistics and import values in the automotive industry.
Explore the world's top import markets for lighting equipment for motor vehicles in 2023. Learn about the key countries driving the global trade of automotive lighting components.
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...