Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Ecuador - 2022

Contents:

1. Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Ecuador (CIF) - 2022
2. Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Ecuador (FOB) - 2022
3. Imports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Ecuador
4. Exports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Ecuador

Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Ecuador (CIF) - 2022

The average import price for laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds stood at $4,425 per ton in 2022, reducing by -15.1% against the previous year. Overall, the import price showed a abrupt decrease. The pace of growth was the most pronounced in 2017 when the average import price increased by 15% against the previous year. The import price peaked at $16,795 per ton in 2013; however, from 2014 to 2022, import prices stood 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 the United States ($48,180 per ton), while the price for China ($2,225 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Ecuador (FOB) - 2022

The average export price for laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds stood at $13,032 per ton in 2022, which is down by -24.7% against the previous year. In general, the export price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2018 an increase of 183% against the previous year. As a result, the export price reached the peak level of $57,351 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($47,429 per ton), while the average price for exports to Bolivia ($800 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 Sri Lanka (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Ecuador

In 2022, imports of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds into Ecuador surged to 510 tons, with an increase of 33% on the previous year's figure. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.7% 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 +66.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds rose significantly to $2.3M in 2022. The total import value increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Top Suppliers of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated to Ecuador in 2022:

1. China (448.5 tons)
2. India (15.1 tons)
3. United States (7.1 tons)

Exports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Ecuador

In 2022, approx. 94 kg of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds were exported from Ecuador; declining by -60.7% against the year before. Over the period under review, exports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2021 when exports increased by 986%. As a result, the exports attained the peak of 239 kg, and then declined markedly in the following year.

In value terms, exports of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds shrank significantly to $1.2K in 2022. Overall, exports showed a sharp downturn. The growth pace was the most rapid in 2021 with an increase of 1,173%. As a result, the exports attained the peak of $4.1K, and then contracted remarkably in the following year.

Top Export Markets for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated from Ecuador in 2022:

1. Dominican Republic (48.0 kg)
2. Bolivia (10.0 kg)
3. Colombia (9.0 kg)
4. Mexico (7.0 kg)
5. United States (6.0 kg)
6. Singapore (4.0 kg)
7. Chile (1.0 kg)

Source: IndexBox Market Intelligence Platform