Key Market Indicators
Electric Generator Imports in Ecuador are expected to grow to around $5.8 million by 2026, up from $5.1 million in 2021. This amounts to an average annual growth rate of 2.2%. Since 1996, imports of electric generators have increased by 11.1% each year. In 2021, Ecuador ranked 48th in the world for electric generator imports, behind Israel, Germany, Mexico, and China. Exports of electric generators from Ecuador are projected to decrease from $16,620 in 2021 to $13,930 by 2026, representing an average annual decline of 3%. Since 2009, exports have fallen by 14.8% annually. In 2021, Ecuador was 87th in the world for electric generator exports, behind Nicaragua, the United States, France, and Japan.