Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Ecuador - 2022

Contents:

  1. Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Ecuador (CIF) - 2022
  2. Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Ecuador (FOB) - 2022
  3. Imports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Ecuador
  4. Exports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Ecuador

Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Ecuador (CIF) - 2022

In 2022, the average import price for new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses amounted to $119 per unit, with an increase of 4.2% against the previous year. In general, the import price, however, continues to indicate a slight slump. The pace of growth appeared the most rapid in 2014 an increase of 47%. The import price peaked at $160 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 the United States ($621 per unit), while the price for India ($21 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Ecuador (FOB) - 2022

The average export price for new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses stood at $373 per unit in 2022, which is down by -2.2% against the previous year. Over the period under review, the export price, however, showed a resilient increase. The most prominent rate of growth was recorded in 2016 an increase of 157%. Over the period under review, the average export prices hit record highs at $381 per unit in 2021, and then shrank modestly 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 Peru amounted to +40.6% per year.

Imports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Ecuador

In 2022, after three years of growth, there was decline in purchases abroad of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses, when their volume decreased by -0.4% to 3.2K units. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 0.8%. As a result, imports reached the peak of 3.2K units, leveling off in the following year.

In value terms, imports of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses amounted to $378K in 2022. Overall, imports showed a noticeable setback. Over the period under review, imports of reached the maximum at $421K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sri Lanka2132082012150.3%
France51.549.547.149.6-1.2%
Thailand17.419.622.027.216.1%
India36.929.623.520.7-17.5%
Canada17.816.014.214.0-7.7%
Spain13.312.611.912.3-2.6%
China17.914.611.810.5-16.3%
Others52.841.432.328.1-19.0%
Total421391364378-3.5%

Top Suppliers of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles to Ecuador in 2022:

  1. Sri Lanka (1303.0 units)
  2. India (1000.0 units)
  3. France (472.0 units)
  4. Thailand (120.0 units)
  5. Canada (86.0 units)
  6. Spain (76.0 units)
  7. China (65.0 units)

Exports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Ecuador

In 2022, after three years of growth, there was significant decline in overseas shipments of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses, when their volume decreased by -6% to 63 units. The total export volume increased at an average annual rate of +7.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 16%. The exports peaked at 67 units in 2021, and then contracted in the following year.

In value terms, exports of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses declined to $23K in 2022. The total export value increased at an average annual rate of +9.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. As a result, the exports attained the peak of $26K, and then shrank in the following year.

Export of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia18.021.425.523.59.3%
OthersN/AN/AN/AN/A0%
Total18.021.425.523.59.3%

Top Export Markets for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles from Ecuador in 2022:

  1. Colombia (63.0 units)

Source: IndexBox Market Intelligence Platform

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