Report Update Apr 1, 2024

Ecuador - Electric Filament Lamps - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Electric Filament Lamp Market 2024

Electric Filament Lamp Market Size in Ecuador

In 2021, the Ecuadorian electric filament lamp market increased by 80% to $X for the first time since 2014, thus ending a six-year declining trend. In general, consumption, however, saw a abrupt contraction. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Electric Filament Lamp Exports

Exports from Ecuador

In 2021, exports of electric filament lamps from Ecuador contracted rapidly to X units, falling by -94.9% on the previous year. Overall, exports faced a sharp contraction. The growth pace was the most rapid in 2013 when exports increased by 285%. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, electric filament lamp exports shrank significantly to $X in 2021. Over the period under review, exports saw a sharp shrinkage. The pace of growth was the most pronounced in 2013 with an increase of 251% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for electric filament lamp exports from Ecuador, with a 117% share of total exports. It was followed by Panama (X units), with a 2.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +26.0%.

In value terms, the United States ($X) remains the key foreign market for electric filament lamps exports from Ecuador, comprising 3,014% of total exports. The second position in the ranking was taken by Panama ($X), with a 299% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States was relatively modest.

Export Prices by Country

In 2021, the average electric filament lamp export price amounted to $X per unit, declining by -21.9% against the previous year. In general, the export price showed a abrupt decline. The pace of growth appeared the most rapid in 2017 when the average export price increased by 91% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Panama ($X per unit), while the average price for exports to the United States amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Panama (-5.9%), while the prices for the other major destinations experienced a decline.

Electric Filament Lamp Imports

Imports into Ecuador

In 2021, purchases abroad of electric filament lamps increased by 107% to X units for the first time since 2014, thus ending a six-year declining trend. Overall, imports, however, continue to indicate a abrupt slump. Imports peaked at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, electric filament lamp imports surged to $X in 2021. In general, imports, however, showed a abrupt shrinkage. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X units), China (X units) and Taiwan (Chinese) (X units) were the main suppliers of electric filament lamp imports to Ecuador, together comprising 75% of total imports. These countries were followed by Slovakia and Italy, which together accounted for a further 5.1%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +21.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), China ($X) and Taiwan (Chinese) ($X) were the largest electric filament lamp suppliers to Ecuador, with a combined 79% share of total imports.

Germany, with a CAGR of +2.2%, 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 2021, the average electric filament lamp import price amounted to $X per unit, which is down by -21.6% against the previous year. Over the period under review, the import price, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 100% against the previous year. The import price peaked at $X per unit in 2020, and then reduced rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+10.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric filament lamps in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and India, with a combined 46% share of global consumption. These countries were followed by Japan, Indonesia, Russia, Nigeria, Mexico, Germany, France, Turkey, Italy and South Korea, which together accounted for a further 29%.

What are the largest producers of electric filament lamps in the world?

China constituted the country with the largest volume of electric filament lamp production, accounting for 35% of total volume. Moreover, electric filament lamp production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was held by the United States, with a 9.8% share.

What are the leading suppliers of electric filament lamps to Ecuador?

In value terms, the largest electric filament lamp suppliers to Ecuador were Germany, China and Taiwan Chinese), together comprising 79% of total imports.

What are the leading importers of electric filament lamps from Ecuador?

In value terms, the United States remains the key foreign market for electric filament lamps exports from Ecuador, comprising 3,014% of total exports. The second position in the ranking was held by Panama $440), with a 299% share of total exports.

What is the average export price for electric filament lamps in Ecuador?

In 2021, the average electric filament lamp export price amounted to $0.2 per unit, waning by -21.9% against the previous year.

What is the average import price for electric filament lamps in Ecuador?

The average electric filament lamp import price stood at $0.2 per unit in 2021, shrinking by -21.6% against the previous year.

This report provides an in-depth analysis of the electric filament lamp 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 27401300 - Filament lamps of a power . .200 W and for a voltage > .100 V including reflector lamps (excluding ultraviolet, infrared lamps, t ungsten halogen filament lamps and sealed beam lamp units)
Prodcom 27401460 - Filament lamps for motorcycles or other motor vehicles excluding sealed beam lamp units, tungsten halogen lamps
Prodcom 27401490 - Filament lamps n.e.c.

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:

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

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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