Ecuador - Screwdrivers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingScrewdriver Price in Ecuador - 2022
Contents:
- Screwdriver Price in Ecuador (CIF) - 2022
- Screwdriver Price in Ecuador (FOB) - 2022
- Screwdriver Imports in Ecuador
- Screwdriver Exports in Ecuador
Screwdriver Price in Ecuador (CIF) - 2022
The average screwdriver import price stood at $5,818 per ton in January 2022, growing by 7.8% against the previous month. In general, the import price, however, recorded a slight decrease. The growth pace was the most rapid in March 2021 an increase of 92% month-to-month. As a result, import price reached the peak level of $8,251 per ton. From April 2021 to January 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was the United States ($12,262 per ton), while the price for China ($4,959 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.7%), while the prices for the other major suppliers experienced a decline.
Screwdriver Price in Ecuador (FOB) - 2022
In 2022, the average screwdriver export price amounted to $17,125 per ton, which is down by -15.5% against the previous year. Over the period under review, the export price recorded a mild decrease. The most prominent rate of growth was recorded in 2015 when the average export price increased by 246%. The export price peaked at $45,184 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
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 Peru amounted to +7.2% per year.
Screwdriver Imports in Ecuador
Screwdriver imports into Ecuador reduced markedly to 402 tons in 2022, falling by -20.3% on the previous year. Over the period under review, total imports indicated a slight expansion from 2019 to 2022: its volume increased at an average annual rate of +1.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 77%. As a result, imports reached the peak of 504 tons, and then shrank sharply in the following year.
In value terms, screwdriver imports plummeted to $2.2M in 2022. In general, total imports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +3.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 96%. As a result, imports attained the peak of $3M, and then declined significantly in the following year.
| Import of Screwdriver in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,426 | 1,266 | 2,158 | 1,620 | 4.3% |
| United States | 188 | 64.6 | 498 | 374 | 25.8% |
| Taiwan (Chinese) | 160 | 64.6 | 79.4 | 74.8 | -22.4% |
| Brazil | 34.8 | 31.3 | 60.3 | 45.3 | 9.2% |
| Others | 194 | 88.5 | 173 | 128 | -12.9% |
| Total | 2,003 | 1,515 | 2,969 | 2,242 | 3.8% |
Top Suppliers of Screwdriver to Ecuador in 2022:
- China (323.3 tons)
- United States (40.7 tons)
- Brazil (13.5 tons)
- Taiwan (Chinese) (8.3 tons)
Screwdriver Exports in Ecuador
In 2022, exports of screwdrivers from Ecuador declined rapidly to 64 kg, shrinking by -34.7% compared with the previous year. Over the period under review, exports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 791%. As a result, the exports attained the peak of 98 kg, and then dropped markedly in the following year.
In value terms, screwdriver exports dropped markedly to $1.1K in 2022. Overall, exports saw a mild slump. The most prominent rate of growth was recorded in 2021 when exports increased by 902% against the previous year. As a result, the exports attained the peak of $2K, and then dropped remarkably in the following year.
| Export of Screwdriver in Ecuador (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 82.0 | 50.0 | 100 | 1,096 | 137.3% |
| Spain | 762 | N/A | N/A | N/A | 0% |
| Sweden | N/A | 83.0 | N/A | N/A | 0% |
| United States | 1.0 | N/A | 1,569 | N/A | 3861.1% |
| Mexico | N/A | N/A | 216 | N/A | 0% |
| Panama | N/A | N/A | 27.0 | N/A | 0% |
| United Arab Emirates | 223 | N/A | N/A | N/A | 0% |
| Singapore | N/A | N/A | 30.0 | N/A | 0% |
| Others | 66.0 | 66.0 | 51.0 | N/A | -12.1% |
| Total | 1,134 | 199 | 1,993 | 1,096 | -1.1% |
Top Export Markets for Screwdriver from Ecuador in 2022:
- Colombia (64.0 kg)
This report provides an in-depth analysis of the screwdriver 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 25733063 - Screwdrivers
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.
-
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
-
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
-
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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