Price for Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Ecuador - 2022

Contents:

1. Price for Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Ecuador (CIF) - 2022
2. Price for Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Ecuador (FOB) - 2022
3. Imports of Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Ecuador
4. Exports of Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Ecuador

Price for Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Ecuador (CIF) - 2022

In 2022, the average import price for stamps; stamp-impressed paper; cheque forms; banknotes, stock, share or bond certificates and the like amounted to $112,338 per ton, surging by 59% against the previous year. In general, the import price, however, recorded a deep setback. The growth pace was the most rapid in 2016 an increase of 66% against the previous year. Over the period under review, average import prices hit record highs at $345,309 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 Ireland ($122,166 per ton), while the price for France ($3,578 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (-5.4%), while the prices for the other major suppliers experienced a decline.

Price for Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Ecuador (FOB) - 2022

The average export price for stamps; stamp-impressed paper; cheque forms; banknotes, stock, share or bond certificates and the like stood at $8,772 per ton in 2022, waning by -27.2% against the previous year. In general, the export price faced a sharp downturn. The most prominent rate of growth was recorded in 2015 an increase of 167% against the previous year. The export price peaked at $138,256 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 Germany ($99,000 per ton), while the average price for exports to El Salvador ($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 (-0.2%), while the prices for the other major destinations experienced a decline.

Imports of Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Ecuador

Imports of stamps; stamp-impressed paper; cheque forms; banknotes, stock, share or bond certificates and the like into Ecuador declined significantly to 13 tons in 2022, which is down by -60% against 2021. In general, imports saw a precipitous decrease. The pace of growth was the most pronounced in 2021 when imports increased by 30%. As a result, imports attained the peak of 31 tons, and then fell rapidly in the following year.

In value terms, imports of stamps; stamp-impressed paper; cheque forms; banknotes, stock, share or bond certificates and the like contracted dramatically to $1.4M in 2022. Overall, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 88% against the previous year. As a result, imports attained the peak of $2.2M, and then declined dramatically in the following year.

Top Suppliers of Unused Postage, Revenue or Similar Stamps of Current or New Issue in the Country To Which Destined; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates and the Like to Ecuador in 2022:

1. Italy (8.0 tons)
2. United States (8.0 tons)
3. Switzerland (3.1 tons)
4. Ireland (0.9 tons)
5. South Africa (0.6 tons)
6. France (0.4 tons)
7. China (0.1 tons)

Exports of Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Ecuador

In 2022, approx. 381 kg of stamps; stamp-impressed paper; cheque forms; banknotes, stock, share or bond certificates and the like were exported from Ecuador; growing by 19% compared with 2021. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +19.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.3% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 19%. Over the period under review, the exports of and like hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of stamps; stamp-impressed paper; cheque forms; banknotes, stock, share or bond certificates and the like declined to $3.3K in 2022. In general, exports, however, continue to indicate a deep setback.

Top Export Markets for Unused Postage, Revenue or Similar Stamps of Current or New Issue in the Country To Which Destined; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates and the Like from Ecuador in 2022:

1. Bolivia (4.0 kg)
2. El Salvador (1.0 kg)
3. United States (1.0 kg)
4. Germany (1.0 kg)
5. Peru (1.0 kg)

Source: IndexBox Market Intelligence Platform