Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Ecuador - 2022

Contents:

  1. Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Ecuador (CIF) - 2022
  2. Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Ecuador (FOB) - 2022
  3. Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Ecuador
  4. Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Ecuador

Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Ecuador (CIF) - 2022

In 2022, the average import price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses amounted to $4,719 per unit, growing by 52% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt slump. The import price peaked at $12,141 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($24,757 per unit), while the price for Brazil ($23 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+36.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Ecuador (FOB) - 2022

In 2022, the average export price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses amounted to $14,612 per unit, with a decrease of -29.9% against the previous year. In general, the export price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 an increase of 283%. Over the period under review, the average export prices hit record highs at $20,857 per unit in 2021, and then declined dramatically in the following year.

As there is only one major export destination, the average price level is determined by prices for Colombia.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +107.6% per year.

Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Ecuador

In 2022, supplies from abroad of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses decreased by -35.4% to 64 units, falling for the second year in a row after two years of growth. Overall, imports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2020 when imports increased by 258%. As a result, imports attained the peak of 136 units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses shrank slightly to $302K in 2022. Over the period under review, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 180% against the previous year. As a result, imports reached the peak of $314K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China79.026122418532.8%
India5.113.524.899.0168.8%
Italy2.04.27.26.044.2%
Belgium13.913.89.55.4-27.0%
Taiwan (Chinese)1.71.71.20.8-22.2%
Japan0.40.60.60.614.5%
Hong Kong SAR1.20.60.10.5-25.3%
Colombia0.61.11.20.4-12.6%
Germany0.50.50.30.2-26.3%
South Korea0.40.40.30.2-20.6%
Panama0.20.20.20.1-20.6%
Chile0.10.10.10.10.0%
Brazil2.9N/AN/AN/A0%
Others4.316.338.83.3-8.4%
Total11231430830239.2%

Top Suppliers of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials to Ecuador in 2022:

  1. China (43.0 units)
  2. India (4.0 units)
  3. Belgium (2.0 units)
  4. Brazil (1.0 units)
  5. Italy (1.0 units)
  6. Colombia (1.0 units)
  7. Taiwan (Chinese) (1.0 units)
  8. Panama (1.0 units)
  9. Japan (1.0 units)
  10. Chile (1.0 units)
  11. Germany (1.0 units)
  12. South Korea (1.0 units)
  13. Hong Kong SAR (1.0 units)

Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Ecuador

In 2022, exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses from Ecuador reduced dramatically to 5 units, shrinking by -28.6% against the previous year. Overall, exports showed a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 250% against the previous year. Over the period under review, the exports of reached the maximum at 20 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses declined rapidly to $73K in 2022. In general, exports continue to indicate a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 348%. The exports peaked at $176K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia17618.722.373.1-25.4%
PeruN/AN/A0.1N/A0%
United StatesN/AN/A61.4N/A0%
BrazilN/A13.9N/AN/A0%
OthersN/AN/A62.2N/A0%
Total17632.614673.1-25.4%

Top Export Markets for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials from Ecuador in 2022:

  1. Colombia (5.0 units)

Source: IndexBox Market Intelligence Platform

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