Ecuador - Paints And Varnishes, Based On Acrylic Or Vinyl Polymers - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Ecuador - Paints And Varnishes, Based On Acrylic Or Vinyl Polymers - Market Analysis, Forecast, Size, Trends And Insights

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Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Ecuador - 2022

Contents:

  1. Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Ecuador (CIF) - 2022
  2. Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Ecuador (FOB) - 2022
  3. Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Ecuador
  4. Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Ecuador

Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Ecuador (CIF) - 2022

In 2022, the average import price for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium amounted to $2,420 per ton, growing by 14% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 21% against the previous year. The import price peaked at $2,473 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 ($3,110 per ton), while the price for Peru ($1,442 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Ecuador (FOB) - 2022

In 2022, the average export price for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium amounted to $2,579 per ton, growing by 18% against the previous year. In general, the export price showed a notable expansion. The growth pace was the most rapid in 2018 when the average export price increased by 87% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.

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 Cuba ($4,047 per ton), while the average price for exports to Colombia ($2,421 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+15.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Ecuador

In 2022, approx. 2.9K tons of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium were imported into Ecuador; growing by 8.4% compared with the previous year's figure. Over the period under review, imports, however, showed a abrupt slump.

In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium skyrocketed to $7.1M in 2022. In general, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain2,0301,6012,2772,76610.9%
China1,8123371,6101,427-7.7%
United States1,3931,2057181,278-2.8%
Colombia95.653.417454578.6%
PanamaN/A15027246876.6%
Germany70.612615916231.9%
Peru1,148497146155-48.7%
Mexico25872.626.2126-21.3%
Brazil10923412661.0-17.6%
Hong Kong SARN/A296146N/A-50.7%
Others1341991301442.4%
Total7,0504,7715,7837,1320.4%

Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium to Ecuador in 2022:

  1. Spain (1160.2 tons)
  2. China (714.3 tons)
  3. United States (410.9 tons)
  4. Panama (206.2 tons)
  5. Colombia (176.6 tons)
  6. Peru (107.4 tons)
  7. Germany (79.0 tons)
  8. Mexico (52.0 tons)
  9. Brazil (16.3 tons)

Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Ecuador

In 2022, exports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium from Ecuador surged to 83 tons, with an increase of 20% against 2021 figures. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +11.1% 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 +69.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 41% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium soared to $213K in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia13380.81501565.5%
CubaN/AN/AN/A31.00%
ChileN/A35.4N/A23.2-19.0%
Peru5.1N/AN/A3.0-16.2%
Others0.83.70.6N/A-13.4%
Total13912015121315.3%

Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium from Ecuador in 2022:

  1. Colombia (64.5 tons)
  2. Chile (9.5 tons)
  3. Cuba (7.7 tons)
  4. Peru (1.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium 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 20301150 - Paints and varnishes, based on acrylic or vinyl polymers dispersed or dissolved in an aqueous medium (including enamels and lacquers)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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