Boring Machinery Market in Ecuador
In value terms, boring machinery production expanded sharply to $ in estimated in export price. Overall, production continues to indicate a perceptible decline. The growth pace was the most rapid in 2018 with an increase of % against the previous year. Boring machinery production peaked at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.
The revenue of the boring machinery market in Ecuador contracted rapidly to $ in , waning by -% 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). Overall, consumption faced a deep slump. As a result, consumption attained the peak level of $. From 2012 to , the growth of the market remained at a lower figure.