Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Ecuador - 2022

Contents:

1. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Ecuador (CIF) - 2022
2. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Ecuador (FOB) - 2022
3. Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Ecuador
4. Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Ecuador

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Ecuador (CIF) - 2022

The average import price for machinery; parts of machinery for making or finishing paper or paperboard stood at $22,967 per ton in 2022, rising by 70% against the previous year. In general, the import price, however, continues to indicate a perceptible shrinkage. Over the period under review, average import prices hit record highs at $33,162 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($90,497 per ton), while the price for China ($6,909 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 (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Ecuador (FOB) - 2022

In 2022, the average export price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $7,172 per ton, increasing by 18% against the previous year. Over the period under review, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for machinery; parts of machinery for making or finishing paper or paperboard decreased by -5.3% against 2020 indices. The pace of growth was the most pronounced in 2019 an increase of 69% against the previous year. Over the period under review, the average export prices attained the peak figure at $7,573 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($9,725 per ton), while the average price for exports to the United States stood at $6,185 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+8.1%), while the prices for the other major destinations experienced a decline.

Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Ecuador

Imports of machinery; parts of machinery for making or finishing paper or paperboard into Ecuador dropped remarkably to 283 tons in 2022, waning by -30.3% against the previous year's figure. Over the period under review, imports, however, posted buoyant growth. The growth pace was the most rapid in 2021 when imports increased by 215%. As a result, imports attained the peak of 406 tons, and then fell rapidly in the following year.

In value terms, imports of machinery; parts of machinery for making or finishing paper or paperboard soared to $6.5M in 2022. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 95% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Top Suppliers of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard to Ecuador in 2022:

1. China (141.6 tons)
2. Brazil (49.9 tons)
3. Germany (36.4 tons)
4. Spain (21.1 tons)
5. United States (14.3 tons)
6. Peru (8.4 tons)
7. India (4.7 tons)
8. Taiwan (Chinese) (0.1 tons)

Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Ecuador

After three years of growth, shipments abroad of machinery; parts of machinery for making or finishing paper or paperboard decreased by -47.3% to 10 tons in 2022. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 404% against the previous year. As a result, the exports reached the peak of 19 tons, and then contracted dramatically in the following year.

In value terms, exports of machinery; parts of machinery for making or finishing paper or paperboard shrank rapidly to $72K in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 305% against the previous year. As a result, the exports reached the peak of $116K, and then fell significantly in the following year.

Top Export Markets for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard from Ecuador in 2022:

1. United States (7.3 tons)
2. Brazil (2.8 tons)

Source: IndexBox Market Intelligence Platform