Ecuador - Automatic Circuit Breakers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCircuit Breaker Price in Ecuador - 2022
Contents:
- Circuit Breaker Price in Ecuador (CIF) - 2022
- Circuit Breaker Price in Ecuador (FOB) - 2022
- Circuit Breaker Imports in Ecuador
- Circuit Breaker Exports in Ecuador
Circuit Breaker Price in Ecuador (CIF) - 2022
In 2022, the average circuit breaker import price amounted to $8.9 per unit, approximately reflecting the previous year. Over the period under review, the import price, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2016 when the average import price increased by 24%. As a result, import price reached the peak level of $22 per unit. From 2017 to 2022, the average import prices remained at a somewhat 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 India ($47 per unit), while the price for the Dominican Republic ($4.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Circuit Breaker Price in Ecuador (FOB) - 2022
In 2022, the average circuit breaker export price amounted to $22 per unit, declining by -36.6% against the previous year. In general, the export price, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 60% against the previous year. Over the period under review, the average export prices hit record highs at $35 per unit in 2021, and then contracted markedly in the following year.
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 Italy ($122 per unit), while the average price for exports to Trinidad and Tobago ($2.1 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 South Korea (+198.0%), while the prices for the other major destinations experienced more modest paces of growth.
Circuit Breaker Imports in Ecuador
In 2022, imports of automatic circuit breakers into Ecuador fell markedly to 1.8M units, which is down by -15.3% on 2021 figures. Overall, imports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 44%. As a result, imports reached the peak of 2.1M units, and then reduced notably in the following year.
In value terms, circuit breaker imports dropped significantly to $16M in 2022. Over the period under review, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 43%. Over the period under review, imports reached the peak figure at $19M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Circuit Breaker in Ecuador (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2.1 | 1.1 | 1.2 | 5.3 | 36.2% |
Dominican Republic | 4.1 | 4.0 | 5.6 | 3.4 | -6.0% |
China | 3.7 | 1.3 | 2.1 | 1.6 | -24.4% |
Thailand | 1.9 | 1.0 | 1.9 | 1.1 | -16.7% |
Singapore | 0.6 | 0.4 | 0.2 | 0.8 | 10.1% |
India | 0.4 | 0.7 | 1.1 | 0.5 | 7.7% |
Czech Republic | 0.5 | 0.5 | 1.2 | 0.4 | -7.2% |
Brazil | 1.4 | 1.0 | 1.5 | 0.3 | -40.2% |
Others | 4.4 | 3.0 | 3.9 | 2.4 | -18.3% |
Total | 18.9 | 13.0 | 18.6 | 15.8 | -5.8% |
Top Suppliers of Circuit Breaker to Ecuador in 2022:
- Dominican Republic (698.6K units)
- United States (349.0K units)
- China (289.0K units)
- Thailand (213.5K units)
- Singapore (60.2K units)
- Czech Republic (19.8K units)
- Brazil (11.0K units)
- India (10.1K units)
Circuit Breaker Exports in Ecuador
In 2022, circuit breaker exports from Ecuador expanded sharply to 4.2K units, surging by 13% against the year before. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 72% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, circuit breaker exports dropped rapidly to $94K in 2022. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 176%. Over the period under review, the exports attained the maximum at $131K in 2021, and then reduced dramatically in the following year.
Export of Circuit Breaker in Ecuador (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Colombia | 1.6 | 2.3 | 0.9 | 28.3 | 160.5% |
Finland | N/A | N/A | 7.8 | 25.9 | 232.1% |
Canada | 23.6 | 66.9 | 95.1 | 12.6 | -18.9% |
Chile | 0.1 | 0.2 | 1.8 | 4.4 | 253.0% |
United States | 0.1 | 0.2 | 1.1 | 3.1 | 214.1% |
Costa Rica | N/A | 0.1 | 0.4 | 1.1 | 231.7% |
Trinidad and Tobago | N/A | 0.1 | 0.2 | 0.5 | 123.6% |
Others | 3.0 | 8.9 | 23.8 | 18.0 | 81.7% |
Total | 28.4 | 78.5 | 131 | 93.9 | 49.0% |
Top Export Markets for Circuit Breaker from Ecuador in 2022:
- Finland (1098.0 units)
- Colombia (867.0 units)
- Canada (508.0 units)
- Chile (378.0 units)
- Costa Rica (250.0 units)
- Trinidad and Tobago (233.0 units)
- United States (218.0 units)
This report provides an in-depth analysis of the circuit breaker 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 27121020 - Automatic circuit breakers
- Prodcom 27122230 - Automatic circuit breakers for a voltage . 1 kV and for a current . .63 A
- Prodcom 27122250 - Automatic circuit breakers for a voltage . 1 kV and for a current > .63 A
- Prodcom 27122230 - Automatic circuit breakers for a voltage . 1 kV and for a current . .63 A
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
-
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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