Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Ecuador - 2022

Contents:

1. Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Ecuador (CIF) - 2022
2. Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Ecuador (FOB) - 2022
3. Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Ecuador
4. Exports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Ecuador

Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Ecuador (CIF) - 2022

The average import price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses stood at $349 per unit in 2022, remaining relatively unchanged against the previous year. In general, the import price faced a drastic downturn. The most prominent rate of growth was recorded in 2016 an increase of 27% against the previous year. As a result, import price reached the peak level of $1,744 per unit. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($3,386 per unit), while the price for Spain ($120 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Ecuador (FOB) - 2022

The average export price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses stood at $3,391 per unit in 2022, rising by 68% against the previous year. Overall, the export price, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 116%. Over the period under review, the average export prices attained the peak figure at $27,322 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($3,950 per unit), while the average price for exports to Colombia amounted to $36 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (-15.8%), while the prices for the other major destinations experienced a decline.

Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Ecuador

After three years of growth, supplies from abroad of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses decreased by -30% to 1.7K units in 2022. Overall, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 248%. As a result, imports attained the peak of 2.4K units, and then fell rapidly in the following year.

In value terms, imports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses dropped notably to $584K in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +6.0% 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 +20.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 74%. As a result, imports reached the peak of $840K, and then shrank dramatically in the following year.

Top Suppliers of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes to Ecuador in 2022:

1. China (1154.0 units)
2. Spain (368.0 units)
3. United States (56.0 units)
4. Turkey (46.0 units)
5. Brazil (31.0 units)
6. India (10.0 units)
7. Italy (4.0 units)

Exports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Ecuador

After three years of growth, shipments abroad of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses decreased by -61.1% to 7 units in 2022. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 260%. As a result, the exports reached the peak of 18 units, and then fell markedly in the following year.

In value terms, exports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses reduced dramatically to $24K in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 228% against the previous year. The exports peaked at $36K in 2021, and then contracted markedly in the following year.

Top Export Markets for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes from Ecuador in 2022:

1. United Kingdom (6.0 units)
2. Colombia (1.0 units)

Source: IndexBox Market Intelligence Platform