Price for Navigational Instruments and Appliances; Parts and Accessories in Ecuador - 2022

Contents:

  1. Price for Navigational Instruments and Appliances; Parts and Accessories in Ecuador (CIF) - 2022
  2. Price for Navigational Instruments and Appliances; Parts and Accessories in Ecuador (FOB) - 2022
  3. Imports of Navigational Instruments and Appliances; Parts and Accessories in Ecuador
  4. Exports of Navigational Instruments and Appliances; Parts and Accessories in Ecuador

Price for Navigational Instruments and Appliances; Parts and Accessories in Ecuador (CIF) - 2022

The average import price for navigational instruments and appliances; parts and accessorieses stood at $474,849 per ton in 2022, reducing by -23.6% against the previous year. Overall, the import price saw a noticeable descent. The pace of growth appeared the most rapid in 2018 an increase of 37% against the previous year. The import price peaked at $800,840 per ton in 2020; however, from 2021 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 ($754,040 per ton), while the price for Singapore ($140,571 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Navigational Instruments and Appliances; Parts and Accessories in Ecuador (FOB) - 2022

In 2022, the average export price for navigational instruments and appliances; parts and accessorieses amounted to $58,286 per ton, which is down by -55.8% against the previous year. Over the period under review, the export price faced a abrupt descent. The most prominent rate of growth was recorded in 2017 when the average export price increased by 140%. Over the period under review, the average export prices reached the maximum at $362,911 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($203,000 per ton), while the average price for exports to Spain ($1,000 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 Peru (+7.2%), while the prices for the other major destinations experienced a decline.

Imports of Navigational Instruments and Appliances; Parts and Accessories in Ecuador

In 2022, approx. 855 kg of navigational instruments and appliances; parts and accessorieses were imported into Ecuador; jumping by 64% on the previous year. Over the period under review, imports, however, continue to indicate a mild setback.

In value terms, imports of navigational instruments and appliances; parts and accessorieses skyrocketed to $406K in 2022. In general, imports, however, saw a abrupt setback.

Import of Navigational Instruments and Appliances; Parts and Accessories in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States18675.572.9112-15.6%
Chile11052.268.585.2-8.2%
France12151.259.866.2-18.2%
United Kingdom20.313.642.644.429.8%
Peru2.013.929.530.7148.5%
Japan74.332.626.618.1-37.5%
Spain47.214.110.48.6-43.3%
Others91.632.714.440.5-23.8%
Total652286325406-14.6%

Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Ecuador in 2022:

  1. United Kingdom (261.0 kg)
  2. United States (149.0 kg)
  3. Chile (133.0 kg)
  4. France (101.0 kg)
  5. Japan (60.0 kg)
  6. Peru (46.0 kg)
  7. Spain (26.0 kg)

Exports of Navigational Instruments and Appliances; Parts and Accessories in Ecuador

In 2022, exports of navigational instruments and appliances; parts and accessorieses from Ecuador shrank dramatically to 7 kg, reducing by -81.6% against 2021 figures. In general, exports recorded a sharp reduction. The smallest decline of -53.1% was in 2021.

In value terms, exports of navigational instruments and appliances; parts and accessorieses reduced markedly to $408 in 2022. Overall, exports recorded a precipitous setback. The smallest decline of -51.7% was in 2021.

Export of Navigational Instruments and Appliances; Parts and Accessories in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom7.44.12.90.2-70.0%
United States9.92.30.30.1-78.4%
France5.22.71.70.1-73.2%
Spain0.1N/AN/AN/A0%
ColombiaN/AN/AN/AN/A0%
Switzerland0.2N/AN/AN/A0%
Chile0.4N/AN/AN/A0%
Peru0.40.10.1N/A-50.0%
OthersN/A1.1N/AN/A0%
Total23.610.45.00.4-74.3%

Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from Ecuador in 2022:

  1. France (2.0 kg)
  2. United States (1.0 kg)
  3. Colombia (1.0 kg)
  4. United Kingdom (1.0 kg)
  5. Peru (1.0 kg)
  6. Spain (1.0 kg)

Source: IndexBox Market Intelligence Platform

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