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Ecuador - Metal Cutting Shears And Similar Hand Tools - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Cutting Shear Price in Ecuador - 2022
Contents:
- Metal Cutting Shear Price in Ecuador (CIF) - 2022
- Metal Cutting Shear Price in Ecuador (FOB) - 2022
- Metal Cutting Shear Imports in Ecuador
- Metal Cutting Shear Exports in Ecuador
Metal Cutting Shear Price in Ecuador (CIF) - 2022
In 2022, the average metal cutting shear import price amounted to $12,428 per ton, growing by 3.5% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the average import price increased by 30% against the previous year. Over the period under review, average import prices hit record highs at $12,813 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($57,258 per ton), while the price for Spain ($1,437 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 (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Cutting Shear Price in Ecuador (FOB) - 2022
In 2022, the average metal cutting shear export price amounted to $5,500 per ton, dropping by -4.5% against the previous year. In general, the export price saw a pronounced contraction. The growth pace was the most rapid in 2016 when the average export price increased by 108%. As a result, the export price reached the peak level of $25,073 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($6,154 per ton), while the average price for exports to Panama ($2,000 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 Colombia (-4.1%), while the prices for the other major destinations experienced a decline.
Metal Cutting Shear Imports in Ecuador
In 2022, metal cutting shear imports into Ecuador shrank markedly to 38 tons, declining by -27% compared with the previous year. Overall, total imports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +4.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 96% against the previous year. As a result, imports attained the peak of 52 tons, and then shrank sharply in the following year.
In value terms, metal cutting shear imports contracted rapidly to $469K in 2022. In general, total imports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +3.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 96%. As a result, imports attained the peak of $621K, and then shrank sharply in the following year.
Import of Metal Cutting Shear in Ecuador (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 17.2 | 28.8 | 85.9 | 181 | 119.1% |
China | 239 | 150 | 299 | 114 | -21.9% |
Taiwan (Chinese) | 92.2 | 50.2 | 113 | 77.7 | -5.5% |
Brazil | 61.0 | 61.9 | 86.1 | 70.3 | 4.8% |
Spain | 0.4 | 4.7 | 14.5 | 10.8 | 200.0% |
Italy | 1.2 | 2.5 | 2.9 | 2.0 | 18.6% |
Others | 17.2 | 19.2 | 19.1 | 13.2 | -8.4% |
Total | 429 | 317 | 621 | 469 | 3.0% |
Top Suppliers of Metal Cutting Shear to Ecuador in 2022:
- China (16.6 tons)
- Spain (7.5 tons)
- Brazil (5.0 tons)
- Taiwan (Chinese) (3.6 tons)
- United States (3.2 tons)
- Italy (1.0 tons)
Metal Cutting Shear Exports in Ecuador
In 2022, after three years of growth, there was significant decline in overseas shipments of metal cutting shears and similar hand tools, when their volume decreased by -17.2% to 24 kg. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 142% against the previous year. As a result, the exports reached the peak of 29 kg, and then contracted rapidly in the following year.
In value terms, metal cutting shear exports fell sharply to $132 in 2022. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 227%.
Export of Metal Cutting Shear in Ecuador (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 16.0 | 59.0 | 101 | 80.0 | 71.0% |
Colombia | 11.0 | 32.0 | 35.0 | 44.0 | 58.7% |
Peru | 1.0 | 5.0 | 15.0 | 6.0 | 81.7% |
Panama | 1.0 | 2.0 | 4.0 | 2.0 | 26.0% |
Costa Rica | 1.0 | N/A | 1.0 | N/A | 0.0% |
Others | N/A | N/A | 11.0 | N/A | 0% |
Total | 30.0 | 98.0 | 167 | 132 | 63.9% |
Top Export Markets for Metal Cutting Shear from Ecuador in 2022:
- United States (13.0 kg)
- Colombia (8.0 kg)
- Peru (2.0 kg)
- Panama (1.0 kg)
This report provides an in-depth analysis of the metal cutting shear 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 25733023 - Metal cutting shears and similar hand tools
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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