Report Update: May 1, 2024

Ecuador - Wooden Particle Board - Market Analysis, Forecast, Size, Trends And Insights

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Wooden Particle Board Price in Ecuador - 2022

Wooden Particle Board Price in Ecuador (FOB) - 2022

In January 2022, the average wooden particle board export price amounted to $474 per cubic meter, surging by 14% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Colombia ($523 per cubic meter), while the average price for exports to Peru totaled $343 per cubic meter.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+1.9%).

Wooden Particle Board Price in Ecuador (CIF) - 2022

In January 2022, the average wooden particle board import price amounted to $348 per cubic meter, therefore, remained relatively stable against the previous month. Overall, import price indicated a resilient increase from January 2021 to January 2022: its price increased at an average monthly rate of +5.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, wooden particle board import price increased by +23.3% against November 2021 indices. The most prominent rate of growth was recorded in October 2021 an increase of 25% month-to-month. As a result, import price attained the peak level of $367 per cubic meter. From November 2021 to January 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From January 2021 to January 2022, the rate of growth in terms of prices for Spain amounted to +28.5% per month.

Wooden Particle Board Exports in Ecuador

In 2022, the amount of wooden particle board exported from Ecuador reduced sharply to 407K cubic meters, falling by -17.3% compared with 2021 figures. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +6.9% 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 +26.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 53%. As a result, the exports reached the peak of 492K cubic meters, and then contracted notably in the following year.

In value terms, wooden particle board exports reduced sharply to $152M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.5% 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 +29.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 59% against the previous year. As a result, the exports reached the peak of $187M, and then reduced rapidly in the following year.

Export of Wooden Particle Board in Ecuador (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Colombia	70.9	71.2	110	89.7	8.2%
Peru	43.9	39.3	65.2	53.3	6.7%
Panama	2.4	1.4	4.4	3.6	14.5%
Bolivia	1.7	1.4	2.5	2.0	5.6%
Others	3.7	4.5	5.2	3.9	1.8%
Total	123	118	187	152	7.3%

Top Export Markets for Wooden Particle Board from Ecuador in 2022:

Colombia (204.8K cubic meters)
Peru (176.8K cubic meters)
Panama (8.2K cubic meters)
Bolivia (6.7K cubic meters)

Wooden Particle Board Imports in Ecuador

In 2022, after two years of decline, there was significant growth in purchases abroad of wooden particle board, when their volume increased by 8% to 14K cubic meters. Over the period under review, imports, however, showed a precipitous descent. Imports peaked at 51K cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, wooden particle board imports shrank to $3.5M in 2022. Overall, imports, however, showed a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 2.8% against the previous year. Over the period under review, imports attained the maximum at $9.8M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Wooden Particle Board in Ecuador (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Brazil	9.6	3.3	2.8	3.3	-29.9%
Turkey	N/A	N/A	0.5	N/A	0%
Others	0.2	0.2	0.3	0.2	0.0%
Total	9.8	3.5	3.6	3.5	-29.1%

Top Suppliers of Wooden Particle Board to Ecuador in 2022:

Brazil (14.1K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wooden particle board 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 16211319 - Waferboard and similar board, of wood (excluding particle board and oriented strand board [OSB])

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023