Ecuador - Track Suits, Ski Suits And Swimwear - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Ecuador - Track Suits, Ski Suits And Swimwear - Market Analysis, Forecast, Size, Trends and Insights

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Sportswear Price in Ecuador - 2022

Contents:

  1. Sportswear Price in Ecuador (CIF) - 2022
  2. Sportswear Price in Ecuador (FOB) - 2022
  3. Sportswear Imports in Ecuador
  4. Sportswear Exports in Ecuador

Sportswear Price in Ecuador (CIF) - 2022

The average sportswear import price stood at $27.8 per unit in January 2022, leveling off at the previous month. Over the period under review, the import price, however, saw a mild curtailment. The pace of growth appeared the most rapid in August 2021 when the average import price increased by 61% m-o-m. As a result, import price reached the peak level of $36.5 per unit. From September 2021 to January 2022, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($74.2 per unit), while the price for Vietnam ($19.8 per unit) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Brazil (+8.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Sportswear Price in Ecuador (FOB) - 2022

The average sportswear export price stood at $15 per unit in 2022, dropping by -2.8% against the previous year. Over the period under review, the export price saw a pronounced descent. The most prominent rate of growth was recorded in 2013 an increase of 19% against the previous year. As a result, the export price attained the peak level of $29 per unit. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($21 per unit), while the average price for exports to the United States ($7 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 (-0.7%), while the prices for the other major destinations experienced a decline.

Sportswear Imports in Ecuador

In 2022, imports of track suits, ski suits and swimwear into Ecuador reached 193K units, increasing by 9.5% compared with the previous year. Overall, imports, however, faced a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 55% against the previous year. Over the period under review, imports attained the maximum at 281K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, sportswear imports dropped to $1.8M in 2022. Over the period under review, imports, however, faced a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 37% against the previous year. Over the period under review, imports hit record highs at $3.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Sportswear in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China836324394644-8.3%
Colombia880327536338-27.3%
Panama434219333202-22.5%
Vietnam168148230139-6.1%
Cambodia18210013180.3-23.9%
Bangladesh17484.828.155.2-31.8%
Brazil71.414.568.734.3-21.7%
United States1.26.00.229.3190.1%
Others467278330254-18.4%
Total3,2141,5022,0501,776-17.9%

Top Suppliers of Sportswear to Ecuador in 2022:

  1. China (117.0K units)
  2. Colombia (30.0K units)
  3. Panama (11.5K units)
  4. Vietnam (6.8K units)
  5. United States (5.0K units)
  6. Cambodia (3.5K units)
  7. Brazil (1.9K units)
  8. Bangladesh (1.1K units)

Sportswear Exports in Ecuador

In 2022, shipments abroad of track suits, ski suits and swimwear decreased by -21.5% to 4.3K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 87% against the previous year. As a result, the exports attained the peak of 5.4K units, and then contracted rapidly in the following year.

In value terms, sportswear exports fell markedly to $66K in 2022. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 90% against the previous year. The exports peaked at $86K in 2021, and then reduced notably in the following year.

Export of Sportswear in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia8.026.147.145.278.1%
ParaguayN/AN/A33.015.3-53.6%
Venezuela4.57.12.21.6-29.2%
Colombia3.96.42.01.5-27.3%
United States2.11.8N/A0.5-38.0%
Others5.23.81.81.5-33.9%
Total23.745.286.165.740.5%

Top Export Markets for Sportswear from Ecuador in 2022:

  1. Bolivia (2235.0 units)
  2. Paraguay (1578.0 units)
  3. Venezuela (142.0 units)
  4. Colombia (132.0 units)
  5. United States (70.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sportswear 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 14191210 - Track-suits, of knitted or crocheted textiles
  • Prodcom 14191230 - Ski-suits, of knitted or crocheted textiles
  • Prodcom 14191240 - Men
  • Prodcom 14191250 - Women

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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