Located in South America, Ecuador is one of the denim destinations in that region and has imported over 3.5 million sqm of denim fabric during the month of September-November,2018. In this report, we’ve listed the major denim fabric buyers of ECUADOR during the months  of September-November,2018 and analyzed the volume and average price. The contents of this report are as below:
|
PARTICULARS |
| Table Showing Imports Of Denim Fabric Monthwise From September To November 2018 |
| Graph Showing Imports Of Denim Fabric Monthwise From September To November 2018 |
| Table Showing Countries From Where Denim Has Been Imported Along With Average Price And % Share |
| Graph Showing Countries From Where Denim Has Been Imported Along With Average Price And % Share |
| Table Showing Major Denim Buyers Of Ecuador Along With Average Price And % Share |
| Graph Showing Major Denim Buyers Of Ecuador Along With Average Price And % Share |
| 6 Tables Showing the Imports Of Denim Fabrics By Different Companies Of Ecuador Along With Average Price |
| 12 Graphs Showing the Imports Of Denim Fabrics By Different Companies Of Ecuador Along With Average Price |
MONTHLY BREAKUP OF IMPORTS
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September is the month in which the largest volume of denim fabrics was imported and the volume was 1.6 million sqm. This is close to 50% of the total 3.5 million sqm of denim fabrics imported during three months. October witnessed a slowdown however in the month of November, the import figures were little improved but could not be able to match up the figures of September.
|
Month |
Imports ( Sqm) |
|
September |
1,637,952 |
|
October |
888,141 |
|
November |
993,876 |
DENIM EXPORTING COUNTRIES
During the month of Sept-Nov’18, Ecuador has imported approx. 3.5 million sqm of denim fabrics out of which 1.06 million sqm have been exported by China at an average price of $1.46/sqm. Brazil and Peru are the next biggest exporters of denim fabrics in Ecuador with 6.86 lac sqm and 6.24 lac sqm respectively. Pakistan is the most expensive supplier to Ecuador and Korea is the least one.
(Note: this data has been captured from various govt organizations including customs. the actual imports are likely to be higher than this figure .)
|
Country |
Imports ( Sqm) |
Average Price( USD/Sqm) |
% Share |
|
Republic Of Korea |
121,036 |
0.25 |
3% |
|
Venezuela |
163,282 |
1.44 |
5% |
|
China |
1,063,098 |
1.46 |
30% |
|
India |
198,256 |
1.84 |
6% |
|
Peru |
624,493 |
2.04 |
18% |
|
Brazil |
686,067 |
2.05 |
20% |
|
Colombia |
564,648 |
2.06 |
16% |
|
Pakistan |
90,089 |
3.15 |
3% |
TOP DENIM BUYERS
So far as the import of denim fabric by different companies are concerned, IMPORDENIM IMPORTADORA TEXTIL is the biggest buyer of denim fabric of Ecuador and it contributed 33% in the total import made by Ecuador during the period of Sept-Nov, 2018. VICUNHA ECUADOR – which is the import arm of Vicunha Brazil and imports for its own sales is the second largest importer -Â and DISTRIBUIDORA TEXTIL DEL ECUADOR are the next biggest buyers with the total volume of 4.78 lac sqm & 4.28 lac respectively. CONTRERAS MINCHALA bought at the least price of $0.19/sqm and DISTRIBUIDORA TEXTIL bought at the most expensive price of $2.46/sqm.
|
Buyers |
Imports ( Sqm) |
Average Price(USD/Sqm) |
% Share |
|
VICUNHA ECUADOR S.A. |
478,557 |
1.97 |
14% |
|
IMPORDENIM IMPORTADORA TEXTIL CIA. LTDA. |
1,155,834 |
1.93 |
33% |
|
DISTRIBUIDORA TEXTIL DEL ECUADOR DISTRITEX S.A. |
428,140 |
2.46 |
12% |
|
CONTRERAS MINCHALA SILVANA PATRICIA |
320,311 |
0.19 |
9% |
|
COLORTEX ECUADOR S.A |
420,940 |
1.55 |
12% |
|
ALVARADO MONCAYO JAIME BERNARDO |
217,262 |
2.04 |
6% |
|
OTHERS |
498,925 |
1.84 |
14% |
ALVARADO MONCAYO JAIME BERNARDO
COMPANIA DE FIACAO TECIDOS and FABRICATO are the two suppliers to Alvarado Moncayo Jaime during Sept-Nov’18 and they have supplied 36.236 sqm and 181,026 sqm of denim fabrics at an average price of $1.96/sqm and $4.51/sqm respectively.
|
Suppliers |
Qunatity(Sqm) |
Average Price(USD/Sqm) |
|
COMPANIA DE FIACAO E TECIDOS SANTO ANTONIO ( BRAZIL) |
36,236 |
1.96 |
|
FABRICATO S.A. ( COLOMBIA) |
181,026 |
4.51 |
|
TOTAL |
217,262 |
4.08 |
COLORTEX ECUADOR S.A
Colortex bought all its fabrics from China and Citytex Intl is the company from which it has bought the highest volume – 2.56 lacs sqm at an average price of $1.56/sqm. Minzhu is the 2nd biggest supplier with a volume of 1.23 lacs sqm at an average price of $1.54/sqm.
|
Suppliers |
Quantity(Sqm) |
Average Price(USD/Sqm) |
|
CITYTEX INTL CO LIMITED (CHINA) |
256,273 |
1.56 |
|
GLOBAL LYNX CORPORATION LIMITED (CHINA) |
40,971 |
1.49 |
|
MINGZHU TRADING (CHINA) |
123,696 |
1.54 |
CONTRERAS MINCHALA SILVANA PATRICIA
The purchase price of CONTREAS MINCHALA is little surprising and relatively very low from others. Sometimes companies underinvoice to avoid duties and this seems to be the case here. DONGYING SAHE supplied 1.99 lac sqm of denim fabrics at an average price of $0.15/sqm and JOOEUN CORPORATION supplied 1.21 lac sqm of denim fabrics at an average price of $0.25/sqm.
|
Suppliers |
Quantity(Sqm) |
Average Price(USD/Sqm) |
|
DONGYING SAHE IMPORT AND EXPORT CO. ,LTD. ( CHINA) |
199,275 |
0.15 |
|
JOOEUN CORPORATION (KOREA) |
121,036 |
0.25 |
DISTRIBUIDORA TEXTIL DEL ECUADOR DISTRITEX S.A.
4.28 lacs sqm of denim fabric has been imported by DISTRIBUIDORA TEXTIL DEL ECUADOR during the period of Sept-Nov 18. FABRICS & TEXTILES LLC is the biggest supplier which exported 2.73 lacs sqm at an average price of $2.67/sqm.TEJIDOS SAN JACINTO S.A is the next biggest of the supplier of denim fabric which supplied 25,794 sqm at an average price of USD 1.08/sqm. SEAGOLD from Pakistan is the highest price supplying partner with an average price of USD 2.84/sqm and TEJIDOS is the supplier with the cheapest price with an average price of USD 1.08/sqm.
|
Suppliers |
Quantity(Sqm) |
Average Price(USD/Sqm) |
|
COLTEJER S.A. (COLOMBIA) |
24,945 |
2.16 |
|
DHARMSHIL INDUSTRIES PVT LTD(INDIA) |
18,136 |
2.38 |
|
FABRICATO S.A.(COLOMBIA) |
25,176 |
1.95 |
|
FABRICS & TEXTILES LLC (CHINA) |
273,379 |
2.67 |
|
MAFATLAL INDUSTRIES LIMITED(INDIA) |
5,016 |
2.71 |
|
MOVERS INTERNATIONAL PVT LTD(INDIA) |
19,667 |
1.97 |
|
SANTISTA WORK SOLUTION S.A. (BRAZIL) |
21,027 |
2.61 |
|
SEAGOLD (PRIVATE) LIMITED(PAKISTAN) |
15,000 |
2.84 |
|
TEJIDOS SAN JACINTO S.A(PERU) |
25,794 |
1.08 |
IMPORDENIM IMPORTADORA TEXTIL CIA. LTDA.
1.15 million sqm of denim fabric has been imported by IMPORDENIM IMPORTADORA TEXTIL during the period of Sept-Nov 18. CIA. INDUSTRIAL NUEVO MUNDO S.A. is the biggest supplier which exported 5.49 lacs sqm at an average price of $2.07/sqm.FABRICATO S.A is the next biggest of the supplier of denim fabric which supplied 2.41 lacs sqm at an average price of USD 1.98/sqm. CIA. INDUSTRIAL NUEVO is the highest price supplying partner with an average price of USD 2.07/sqm and JEANTEX is the supplier with the cheapest price with an average price of USD 1.44/sqm.
|
Suppliers |
Quantity(Sqm) |
Average Price(USD/Sqm) |
|
SANTISTA WORK SOLUTION SA |
133,546 |
2.02 |
|
FABRICATO S.A. |
241,289 |
1.98 |
|
GINNI INTERNATIONAL LTD |
68,572 |
1.71 |
|
CIA. INDUSTRIAL NUEVO MUNDO S.A. |
549,127 |
2.07 |
|
JEANTEX S.A. |
163,282 |
1.44 |
VICUNHA ECUADOR S.A.
Vicunha Ecuador bought most of its fabrics from its subsidiary companies from Brazil and China and the rest from Zhejian Tangma Textile. From Vicunha Textile Brazil, the company has bought 4.16 lac sqm of denim fabrics at an average price of $1.99/sqm and from Vicunha Netherlands, the company has bought 45,785 sqm of denim fabrics at an average price of $1.51/sqm
|
Suppliers |
Quantity(Sqm) |
Average Price(USD/Sqm) |
|
VICUNHA TEXTIL S/A (Brazil) |
416,654 |
1.99 |
|
VICHUNA NETHERLANDS BV (China) |
45,785 |
1.51 |
|
ZHEJIANG TENGMA TEXTILE CO., LTD( China) |
16,118 |
2.77 |
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