Price for Slide Fasteners and Parts Thereof in Ecuador - 2022

Contents:

1. Price for Slide Fasteners and Parts Thereof in Ecuador (CIF) - 2022
2. Price for Slide Fasteners and Parts Thereof in Ecuador (FOB) - 2022
3. Imports of Slide Fasteners and Parts Thereof in Ecuador
4. Exports of Slide Fasteners and Parts Thereof in Ecuador

Price for Slide Fasteners and Parts Thereof in Ecuador (CIF) - 2022

In January 2022, the average import price for slide fasteners and parts thereoves amounted to $61.1 per thousand units, increasing by 4.1% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2021 an increase of 105% m-o-m. As a result, import price attained the peak level of $0.1 per unit. From May 2021 to January 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From January 2021 to January 2022, the rate of growth in terms of prices for China amounted to +3.7% per month.

Price for Slide Fasteners and Parts Thereof in Ecuador (FOB) - 2022

In 2022, the average export price for slide fasteners and parts thereoves amounted to $0.1 per unit, which is down by -3.1% against the previous year. In general, the export price, however, recorded a perceptible increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 118%. Over the period under review, the average export prices reached the peak figure at $0.2 per unit in 2021, and then dropped slightly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($0.6 per unit), while the average price for exports to Colombia ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+30.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Slide Fasteners and Parts Thereof in Ecuador

Slide fasteners and parts thereof imports into Ecuador dropped markedly to 7.5M units in 2022, reducing by -22.7% on 2021 figures. In general, imports saw a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. Over the period under review, imports reached the maximum at 74M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, slide fasteners and parts thereof imports declined significantly to $1.3M in 2022. Overall, imports saw a sharp decline. The pace of growth appeared the most rapid in 2021 with an increase of 91%. Imports peaked at $5.4M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Slide Fasteners and Parts Thereof to Ecuador in 2022:

1. China (6.5M units)
2. Peru (0.4M units)
3. Colombia (0.2M units)
4. South Korea (0.1M units)

Exports of Slide Fasteners and Parts Thereof in Ecuador

After three years of growth, shipments abroad of slide fasteners and parts thereoves decreased by -31.6% to 109K units in 2022. Over the period under review, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 103%. As a result, the exports reached the peak of 159K units, and then declined sharply in the following year.

In value terms, slide fasteners and parts thereof exports dropped rapidly to $16K in 2022. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 206%. As a result, the exports attained the peak of $25K, and then fell significantly in the following year.

Top Export Markets for Slide Fasteners and Parts Thereof from Ecuador in 2022:

1. Colombia (96.9K units)
2. Vietnam (6.7K units)
3. Venezuela (3.5K units)

Source: IndexBox Market Intelligence Platform