Key Market Indicators
Demand for home appliances in Ecuador is expected to reach $24.8 million by 2026, growing at an average rate of 0.7% per year. This is up from $23.8 million in 2021. Since 1996, demand has grown 8.6% year-on-year. In 2021, Ecuador ranked 62nd in terms of imports, with Qatar surpassing them at $23.8 million. Germany, Japan and France came in at 2nd, 3rd and 4th, respectively. Exports of home appliances from Ecuador are forecast to hit $16.1 million by 2026, down 7.6% from $25.4 million in 2021. Since 1997, supply has decreased 0.6% year-on-year. In 2021, Ecuador came in 93rd in terms of exports, with Mauritius ahead of them at $25.4 million. Germany, Malaysia and the United States were 2nd, 3rd and 4th, respectively.
