Ecuador: Porous-Tipped Pen Market 2024

Porous-Tipped Pen Market Size in Ecuador

The Ecuadorian porous-tipped pen market surged to $X in 2022, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Porous-tipped pen consumption peaked at $X in 2019; afterwards, it flattened through to 2022.

Porous-Tipped Pen Exports

Exports from Ecuador

In 2022, shipments abroad of porous-tipped pens and markers decreased by X% to X units, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a dramatic descent. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, porous-tipped pen exports fell significantly to $X in 2022. Overall, exports recorded a precipitous decline. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Cuba (X units), Costa Rica (X units) and Spain (X units) were the main destinations of porous-tipped pen exports from Ecuador, with a combined X% share of total exports. Panama lagged somewhat behind, comprising a further X%.

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

In value terms, the largest markets for porous-tipped pen exported from Ecuador were Cuba ($X), Costa Rica ($X) and Spain ($X), together comprising X% of total exports. Panama lagged somewhat behind, accounting for a further X%.

Panama, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average porous-tipped pen export price stood at $X per unit in 2022, waning by X% against the previous year. Overall, the export price showed a pronounced descent. The pace of growth appeared the most rapid in 2017 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Panama ($X per unit) and Costa Rica ($X per unit), while the average price for exports to Spain ($X per unit) and Cuba ($X per unit) were amongst the lowest.

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

Porous-Tipped Pen Imports

Imports into Ecuador

In 2022, approx. X units of porous-tipped pens and markers were imported into Ecuador; rising by X% compared with 2021 figures. In general, imports continue to indicate resilient growth. Imports peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, porous-tipped pen imports soared to $X in 2022. Overall, total imports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of porous-tipped pen to Ecuador, with a X% share of total imports. Moreover, porous-tipped pen imports from China exceeded the figures recorded by the second-largest supplier, Colombia (X units), fourfold. The third position in this ranking was held by Peru (X units), with a X% share.

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

In value terms, Colombia ($X), China ($X) and Peru ($X) appeared to be the largest porous-tipped pen suppliers to Ecuador, together accounting for X% of total imports.

China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average porous-tipped pen import price amounted to $X per unit, waning by X% against the previous year. In general, the import price recorded a noticeable slump. The pace of growth was the most pronounced in 2020 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Colombia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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