The Ecuador automotive market size is estimated to expand at a CAGR of 2.70% between 2025 and 2034.

The revenue in the passenger cars market in Ecuador was forecast to increase between 2025 and 2029 by in total *** billion U.S. dollars (+*** percent). This overall increase does not happen continuously, notably not in 2028. The revenue is estimated to amount to **** billion U.S. dollars in 2029. Find more key insights for the revenue in countries like Haiti, Cuba, and Nicaragua.. The Statista Market Insights cover a broad range of additional markets.

Ecuador Automotive Aftermarket witness higher growth during the forecast period owing rising passenger vehicle sales with the expansion of automotive industry.

In 2019, sales of motor vehicles in Ecuador amounted to around ***** thousand units, a decrease of approximately eight percent in comparison to the previous year. During the same period, Chevrolet was the leading vehicle brand in the South American country, based on unit sales.

Key information about Ecuador Motor Vehicle Production

• Ecuador Motor Vehicle Production was reported at 2,700.000 Unit in Dec 2016.
• This records a decrease from the previous number of 4,800.000 Unit for Dec 2015.
• Ecuador Motor Vehicle Production data is updated yearly, averaging 15,309.000 Unit from Dec 2000 to 2016, with 17 observations.
• The data reached an all-time high of 29,322.000 Unit in 2008 and a record low of 900.000 Unit in 2000.
• Ecuador Motor Vehicle Production data remains active status in CEIC and is reported by International Organization of Motor Vehicle Manufacturers.
• The data is categorized under World Trend Plus’s Association: Automobile Sector – Table RA.OICA.MVP: Motor Vehicle Production: by Country.

In 2024, the Ecuadorian passenger car market decreased by -2.8% to $1.4B for the first time since 2020, thus ending a three-year rising trend. Over the period under review, the total consumption indicated a notable increase from 2012 to 2024: its value increased at an average annual rate of +2.2% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.

This statistic represents the number of companies in the automotive sector in Ecuador in 2016, by type. In that year, there were ** auto parts companies and ** bodywork construction companies in Ecuador.

Key information about Ecuador Motor Vehicle Sales: Passenger Cars

• Ecuador Motor Vehicle Sales: Passenger Cars was reported at 98,018.000 Unit in Dec 2023.
• This records a decrease from the previous number of 100,069.000 Unit for Dec 2022.
• Ecuador Motor Vehicle Sales: Passenger Cars data is updated yearly, averaging 78,485.000 Unit from Dec 2005 to 2023, with 19 observations.
• The data reached an all-time high of 105,046.000 Unit in 2018 and a record low of 44,816.000 Unit in 2016.
• Ecuador Motor Vehicle Sales: Passenger Cars data remains active status in CEIC and is reported by International Organization of Motor Vehicle Manufacturers.
• The data is categorized under World Trend Plus’s Association: Automobile Sector – Table RA.OICA.MVS: Motor Vehicle Sales: by Country and Type: Passenger Car (PC).

Motor Vehicle Transmissions Market Size Value in Ecuador, 2022 Discover more data with ReportLinker!

This statistic depicts the number of vehicles produced in Ecuador from 2014 to 2017. In 2017, around ***** thousand vehicles were produced in Ecuador, up from ***** thousand units in the previous year.

Ecuador Automotive Bearing Market is expected to grow during 2025-2031

In 2019, the number of motor vehicles sold in Ecuador amounted to 132.2 thousand units, from which around 30 percent were vehicles from the American automobile division Chevrolet. The South Korean automotive manufacturer KIA Motors followed with approximately 17 percent of market share.

In 2024, the Ecuadorian market for motor vehicles for travelling on snow or golf cars was finally on the rise to reach $9.3M for the first time since 2021, thus ending a two-year declining trend. Overall, consumption showed a mild expansion. Over the period under review, the market reached the maximum level at $30M in 2018; however, from 2019 to 2024, consumption stood at a somewhat lower figure.

Motor Vehicle Transmissions Market Size Value Per Capita in Ecuador, 2021 Discover more data with ReportLinker!

The revenue in the passenger cars market in Belize was forecast to continuously decrease between 2025 and 2029 by in total 0.04 million U.S. dollars (-0.36 percent). According to this forecast, in 2029, the revenue will have decreased for the third consecutive year to 11.09 million U.S. dollars. Find more key insights for the revenue in countries like Bolivia, Ecuador, and Colombia.. The Statista Market Insights cover a broad range of additional markets.

The Other Vehicle Parts eCommerce market in Ecuador is predicted to reach US$12.7m revenue by 2025, reflecting an estimated growth rate of 10% compared to 2024.

Ecuador Automotive Bumpers Market is expected to grow during 2025-2031

Ecuador E-Commerce Transactions: AOV: Vehicles: Automotive Industry data was reported at 182.723 USD in 11 Sep 2024. This records an increase from the previous number of 180.176 USD for 10 Sep 2024. Ecuador E-Commerce Transactions: AOV: Vehicles: Automotive Industry data is updated daily, averaging 178.973 USD from Jan 2019 (Median) to 11 Sep 2024, with 211 observations. The data reached an all-time high of 957.675 USD in 08 Dec 2021 and a record low of 5.582 USD in 18 Apr 2024. Ecuador E-Commerce Transactions: AOV: Vehicles: Automotive Industry data remains active status in CEIC and is reported by Grips Intelligence Inc.. The data is categorized under Global Database’s Ecuador – Table EC.GI.EC: E-Commerce Transactions: by Category.

Ecuador Automotive Air Filters Market is expected to grow during 2025-2031

In Ecuador Electric Car Market, An electric motor powers an electric car (EV), which is essentially an automatic vehicle. A purely electric vehicle is one without a gasoline or diesel engine. When an electric vehicle is in "drive" mode, it accelerates similarly to an automatic vehicle.