Artificial Graphite Price in Ecuador - 2022

Artificial Graphite Price in Ecuador (CIF) - 2022

In 2022, the average artificial graphite import price amounted to $1,963 per ton, reducing by -7.8% against the previous year. In general, the import price showed a mild curtailment. The pace of growth appeared the most rapid in 2018 an increase of 33% against the previous year. The import price peaked at $3,597 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($96,754 per ton), while the price for Argentina ($604 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+53.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Artificial Graphite Price in Ecuador (FOB) - 2022

In 2022, the average artificial graphite export price amounted to $2,223 per ton, therefore, remained relatively stable against the previous year. Overall, the export price, however, continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2020 an increase of less than 0.1% against the previous year. The export price peaked at $2,727 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Peru.

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to -2.0% per year.

Artificial Graphite Imports in Ecuador

In 2022, supplies from abroad of artificial graphite decreased by -2.5% to 40 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 83%. As a result, imports attained the peak of 41 tons, and then fell slightly in the following year.

In value terms, artificial graphite imports fell to $79K in 2022. The total import value increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year. As a result, imports reached the peak of $88K, and then dropped in the following year.

Import of Artificial Graphite in Ecuador (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	53.6	50.9	55.0	38.3	-10.6%
Argentina	5.5	7.2	10.9	12.3	30.8%
Colombia	7.0	4.4	5.6	6.5	-2.4%
Peru	0.7	0.7	4.3	4.1	80.3%
Others	7.2	7.1	12.4	18.0	35.7%
Total	73.9	70.4	88.2	79.3	2.4%

Top Suppliers of Artificial Graphite to Ecuador in 2022:

Argentina (20.4 tons)
United States (3.6 tons)
Peru (3.5 tons)
Colombia (3.4 tons)

Artificial Graphite Exports in Ecuador

In 2022, shipments abroad of artificial graphite decreased by -8.3% to 84 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. As a result, the exports attained the peak of 92 tons, and then dropped in the following year.

In value terms, artificial graphite exports dropped to $187K in 2022. The total export value increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 20%. As a result, the exports reached the peak of $204K, and then contracted in the following year.