Ecuador: Market for Blankets And Travelling Rugs Of Synthetic Fibres 2024

Market Size for Blankets And Travelling Rugs Of Synthetic Fibres in Ecuador

The Ecuadorian market for blankets and travelling rugs of synthetic fibres surged to $X in 2022, jumping by X% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Blankets And Travelling Rugs Of Synthetic Fibres in Ecuador

In value terms, travelling rugs of synthetic fibre production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Travelling rugs of synthetic fibre production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Exports of Blankets And Travelling Rugs Of Synthetic Fibres

Exports from Ecuador

In 2022, after four years of growth, there was significant decline in shipments abroad of blankets and travelling rugs of synthetic fibres, when their volume decreased by X% to X units. Over the period under review, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, travelling rugs of synthetic fibre exports shrank rapidly to $X in 2022. Overall, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units), Colombia (X units) and Canada (X units) were the main destinations of travelling rugs of synthetic fibre exports from Ecuador, with a combined X% share of total exports. Chile, Australia and Brazil lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for blankets and travelling rugs of synthetic fibres exports from Ecuador, comprising X% of total exports. The second position in the ranking was taken by Colombia ($X), with a X% share of total exports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (X% per year) and Canada (X% per year).

Export Prices by Country

In 2022, the average export price for blankets and travelling rugs of synthetic fibres amounted to $X per unit, rising by X% against the previous year. Overall, the export price, however, continues to indicate a noticeable setback. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Chile ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced a decline.

Imports of Blankets And Travelling Rugs Of Synthetic Fibres

Imports into Ecuador

In 2022, approx. X units of blankets and travelling rugs of synthetic fibres were imported into Ecuador; with an increase of X% compared with the year before. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, travelling rugs of synthetic fibre imports surged to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Chile (X units) constituted the largest supplier of travelling rugs of synthetic fibre to Ecuador, accounting for a X% share of total imports. Moreover, travelling rugs of synthetic fibre imports from Chile exceeded the figures recorded by the second-largest supplier, China (X units), sixfold. Colombia (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Chile amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Colombia (X% per year).

In value terms, the largest travelling rugs of synthetic fibre suppliers to Ecuador were Chile ($X), China ($X) and the United States ($X), with a combined X% share of total imports. Colombia lagged somewhat behind, accounting for a further X%.

Among the main suppliers, Colombia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for blankets and travelling rugs of synthetic fibres stood at $X per unit in 2022, growing by X% against the previous year. In general, the import price, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Chile ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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