Homeshopping in Ecuador was seriously affected by customs duties to imports imposed by the government at the beginning of 2015. The majority of products sold in homeshopping are imported due to their specific technology and competitive costs of foreign producers.
Apparel and footwear homeshopping showed the fastest growth in mixed retailers during 2015, with 9% in current value terms. In this specific category, there is a considerable percentage of local products, so that apparel and footwear has have not been affected as much as other categories where most of the products are imported.
Forecast period value sales are expected to record a CAGR of 3% at constant 2015 prices. Homeshopping will be affected by price increases on end products due to customs duties on imports imposed by the government.
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Understand the latest market trends and future growth opportunities for the Homeshopping industry in Ecuador with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Homeshopping industry in Ecuador, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This report originates from Passport, our Homeshopping research and analysis database.
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