Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Ecuador - 2022
Contents:
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Ecuador (CIF) - 2022
- Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Ecuador
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Ecuador (CIF) - 2022
In 2022, the average import price for casting machines; of a kind used in metallurgy or in metal foundrieses amounted to $7,700 per unit, with a decrease of -53.6% against the previous year. In general, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by 52%. The import price peaked at $36,687 per unit in 2015; however, from 2016 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 Brazil ($12,992 per unit), while the price for the United States ($1,221 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+34.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Ecuador
Imports of casting machines; of a kind used in metallurgy or in metal foundrieses into Ecuador contracted significantly to 19 units in 2022, reducing by -86% against 2021. Overall, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 580% against the previous year. As a result, imports attained the peak of 136 units, and then reduced notably in the following year.
In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses shrank markedly to $146K in 2022. In general, imports showed a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 598%. As a result, imports attained the peak of $2.3M, and then dropped notably in the following year.
| Import of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 38.1 | 18.4 | 247 | 93.1 | 34.7% |
| Brazil | 0.3 | 0.7 | 8.9 | 52.0 | 457.6% |
| United States | 8.2 | 16.8 | 0.3 | 1.2 | -47.3% |
| South Korea | N/A | N/A | 0.3 | N/A | 0% |
| Italy | 197 | 239 | 1,952 | N/A | 214.8% |
| Others | 11.4 | 48.3 | 45.3 | N/A | 99.3% |
| Total | 255 | 323 | 2,254 | 146 | -17.0% |
Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Ecuador in 2022:
- China (14.0 units)
- Brazil (4.0 units)
- United States (1.0 units)
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