In this report, we have analyzed the denim fabric imports by Ecuador during Aug-Oct’20, the content of the report is as below.
| Particulars |
| Tables and Graphs Showing Leading Denim Exporting Countries to Ecuador |
| Table And Graphs Showing Leading Denim Shippers to Ecuador |
| Table and Graphs Showing Leading Denim Importers |
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Snapshot of this report
Leading Denim Exporting Destinations
During August- October 2020, Ecuador has imported approx. 760 thousand sqm of denim fabrics.
With 246 thousand sqm and 32% share, Venezuela ranked #1 exporter of fabrics. The average price at which Venezuela supplied fabrics was $1.41/sqm. Peru is the next biggest exporter to Ecuador which exported 184 thousand sqm at an average price of $1.91/sqm.
(Note: this data has been captured from various govt organizations including customs. the actual imports are likely to be higher than this figure .)
| Exporting Countries To Ecuador | Quantity -SQM (In Thousands) | Avg Price($/SQM) | % Share |
| PERU | 184 | 1.91 | 24% |
| VENEZUELA | 246 | 1.41 | 32% |
| CHINA | 182 | 1.28 | 24% |
| COLOMBIA | 96 | 1.98 | 13% |
| BRAZIL | 52 | 1.55 | 7% |
| TOTAL | 760 | 1.66 | 100% |
Leading Denim Suppliers
So far as the leading exporters are concerned, CIA Industrial Nuevo Mundo found to be the biggest fabric exporters during Aug-Oct 2020 to Ecuador.
The company exported 118 thousand sqm at an average price of $1.89. The data also contained the name of a supplier whose name was hidden, we marked that suppliers as OTHERS, 318 thousand sqm of denim supplied by them also.
| Shipper Name | Quantity -SQM (In Thousands) | Avg Price($/SQM) | % Share |
| CIA. INDUSTRIAL NUEVO MUNDO | 118 | 1.89 | 16% |
| FABRICATO SA | 96 | 1.98 | 13% |
| CHANGZHOU LEYANG TEXTILE COLTD | 72 | 1.21 | 9% |
| JEANTEX SA RIF J075722175 | 59 | 1.43 | 8% |
| VICUNHA TEXTIL S/A | 38 | 1.63 | 5% |
| CIA. INDUSTRIAL NUEVO MUNDO S.A. | 23 | 1.74 | 3% |
| FOSHAN NANHAI WEILONG TEXTILE CO LTD | 10 | 2.36 | 1% |
| TEXTIL CANATIBA LTDA | 13 | 1.14 | 2% |
| ZHEJIANG TENGMA TEXTILE CO ., LTD. | 11 | 0.79 | 1% |
| KARSTEN SA | 2 | 2.96 | 0% |
| OTHERS | 318 | 1.65 | 42% |
| TOTAL | 760 | 1.66 | 100% |
Leading Denim Buyers
Importdenim Importadora Textile CIA and Colortex Ecuador are the two biggest buyers of denim fabrics in Ecuador followed by Vicunha and Texfashion SA.
Importdenim Importadora bought 490 thousand sqm of denim fabric at an average price of $1.67. Colortex Ecuador bought 138 thousand sqm of denim at an average price of $1.09/sqm.
| Consignee Name | Quantity -SQM (In Thousands) | Avg Price($/SQM) | % Share |
| IMPORDENIM IMPORTADORA TEXTIL CIA. LTDA. | 490 | 1.67 | 64.47% |
| COLORTEX ECUADOR S.A | 138 | 1.09 | 18.16% |
| ANDRADE RIOS MIRIAN FABIOLA | 18 | 5.18 | 2.37% |
| VICUNHA ECUADOR S.A. | 38 | 1.63 | 5.00% |
| TEXFASHION S.A. | 23 | 2.16 | 3.03% |
| ALVARADO MONCAYO JAIME BERNARDO | 17 | 2.02 | 2.24% |
| VINTIMILLA CORRAL MARIA SOLEDAD | 10 | 2.36 | 1.32% |
| DISTRIBUIDORA TEXTIL DEL ECUADOR DISTRITEX S.A. | 13 | 1.14 | 1.71% |
| DNM STUDIO S.A. | 11 | 0.79 | 1.45% |
| PAREDES GONZALEZ RODRIGO FABIAN VICENTE | 2 | 2.96 | 0.26% |
| TOTAL | 760 | 1.66 | 100.00% |
IMPORDENIM IMPORTADORA TEXTIL CIA. LTDA.
Importdenim Importadora Textile bought most of its fabric from CIA Industrial Nuevo Mund from Peru at an average price of $1.87/sqm.
ADDRESS:
Panamericana Norte km. 6 ½ y Avellaneda. Parkenor Bodega 34, 35
Website: http://www.impordenim.com/
Email:impordenim@gmail.com
Phone Number – 0990838846
| Supplier | Quantity(Sqm) | Av Price($/Sqm) | Country |
| CIA. INDUSTRIAL NUEVO MUNDO | 1,41,317 | 1.87 | Peru |
| FABRICATO SA | 60,866 | 2.03 | Colombia |
| JEANTEX SA RIF J075722175 | 58,780 | 1.43 | Venezuela |
| OTHERS | 2,29,258 | 1.52 | Venezuela |
| TOTAL | 4,90,221 | 1.67 |
COLORTEX ECUADOR S.A
CHANGZHOU LEYANG TEXTILE CO LTD from China is the biggest supplier to Colortex during Aug-Oct 2020. The company has supplied 71.97 thousand sqm of denim fabric to Colortex at an average price of $1.21/sqm.
ADDRESS
Parque Industrial Ambato, calle 3F, lote 6A, Ambato – Ecuador
Website: https://colortexperu.com.pe/
Phone Number – 593 97 924 3695.
| Supplier | Quantity(Sqm) | Av Price($/Sqm) | Country |
| CHANGZHOU LEYANG TEXTILE CO LTD | 71,972 | 1.21 | China |
| OTHERS | 65,922 | 0.96 | China |
| TOTAL | 1,37,894 | 1.09 |
VICUNHA ECUADOR S.A.
Vicunha Ecuador bought all fabrics from its sister concern Vicunha Textil located in Brazil at an average price of $1.63/sqm.
Address: Lulumbamba 1354, Vicunha Ecuador Bldg. Quito; Pichincha
Website: http://www.vicunha.com.ec
Contact Number: +593 2-397-5800
| Supplier | Quantity(Sqm) | Av Price($/Sqm) | Country |
| VICUNHA TEXTIL S/A | 37,890 | 1.63 | Brazil |
TEXFASHION S.A.
Address: Luque No. 521 Esq. Boyaca Y E/ EscobedoGUAYAQUIL, Guayas Ecuador
Phone Number +593-42328354
Website: www.inti-moda.com
| Supplier | Quantity(Sqm) | Av Price($/Sqm) | Country |
| NA | 22,560.0 | 2.16 | China |
ANDRADE RIOS MIRIAN FABIOLA
Fabricato SA from Colombia is a sole supplier to Andrade Rio during Aug-Oct 2020. The company supplied 18,044 sqm of denim fabric at an average price of $5.18/sqm
| Supplier | Quantity(Sqm) | Av Price($/Sqm) | Country |
| FABRICATO SA | 18,044 | 5.18 | Colombia |
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