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Ecuador - Casks, Barrels, Vats, Tubs, and Coopers Products of Wood - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEcuador: Wood Barrel Market 2024
Wood Barrel Market Size in Ecuador
The Ecuadorian wood barrel market dropped modestly to $X in 2023, which is down by X% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2023, the growth of the market remained at a lower figure.
Wood Barrel Production in Ecuador
In value terms, wood barrel production declined modestly to $X in 2023 estimated in export price. Over the period under review, production, however, enjoyed mild growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2023, production growth remained at a lower figure.
Wood Barrel Exports
Exports from Ecuador
In 2023, after four years of growth, there was significant decline in overseas shipments of casks, barrels, vats, tubs, and coopers products of wood, when their volume decreased by X% to X units. Over the period under review, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.
In value terms, wood barrel exports stood at $X in 2023. In general, exports showed a noticeable descent. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.
Exports by Country
The United States (X units) was the main destination for wood barrel exports from Ecuador, accounting for a X% share of total exports. Moreover, wood barrel exports to the United States exceeded the volume sent to the second major destination, Austria (X units), fivefold. The third position in this ranking was taken by the Dominican Republic (X units), with a X% share.
From 2012 to 2023, the average annual growth rate of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and the Dominican Republic (X% per year).
In value terms, the largest markets for wood barrel exported from Ecuador were Austria ($X), the United States ($X) and Guatemala ($X), together comprising X% of total exports. The Dominican Republic and Slovenia lagged somewhat behind, together accounting for a further X%.
Among the main countries of destination, the Dominican Republic, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the average wood barrel export price amounted to $X per unit, rising by X% against the previous year. In general, export price indicated noticeable growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, wood barrel export price decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. The export price peaked at $X per unit in 2021; however, from 2022 to 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (X%), while the prices for the other major destinations experienced mixed trend patterns.
Wood Barrel Imports
Imports into Ecuador
In 2023, the amount of casks, barrels, vats, tubs, and coopers products of wood imported into Ecuador soared to X units, picking up by X% against 2022 figures. Overall, imports, however, recorded a deep setback. Over the period under review, imports attained the peak figure at X units in 2021; however, from 2022 to 2023, imports remained at a lower figure.
In value terms, wood barrel imports skyrocketed to $X in 2023. Over the period under review, imports, however, showed a deep reduction. Imports peaked at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.
Imports by Country
The United States (X units), Panama (X units) and France (X units) were the main suppliers of wood barrel imports to Ecuador, with a combined X% share of total imports.
From 2012 to 2023, the biggest increases were recorded for Panama (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.
In value terms, the largest wood barrel suppliers to Ecuador were the United States ($X), Panama ($X) and Chile ($X), together accounting for X% of total imports.
Panama, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices by Country
In 2023, the average wood barrel import price amounted to $X per unit, approximately equating the previous year. Overall, the import price, however, showed a noticeable slump. The growth pace was the most rapid in 2022 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2023, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per unit), while the price for France ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the prices for the other major suppliers experienced more modest paces of growth.
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This report provides an in-depth analysis of the wood barrel market in Ecuador. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 16241200 - Casks, barrels, vats, tubs, and coopers products and parts thereof of wood (including staves)
Country coverage:
- Ecuador
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ecuador
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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