Cerium Compounds Price in Ecuador - 2021
Contents:
Cerium Compounds Price in Ecuador (CIF) - 2022
In 2022, the average cerium compounds import price amounted to $79,309 per ton, picking up by 137% against the previous year. In general, the import price enjoyed a tangible increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 149%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +132.7% per year.
Cerium Compounds Imports in Ecuador
In 2022, overseas purchases of cerium compoundses decreased by -62.6% to 110 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a significant decrease. The pace of growth was the most pronounced in 2020 when imports increased by 11% against the previous year. As a result, imports attained the peak of 566 kg. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cerium compounds imports dropped to $8.7K in 2022. In general, imports continue to indicate a dramatic shrinkage. The growth pace was the most rapid in 2021 when imports increased by 29%.
| Import of Cerium Compounds in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 13.5 | 2.1 | 8.0 | 8.7 | -13.6% |
| Hong Kong SAR | 0.3 | N/A | N/A | N/A | 0% |
| Colombia | N/A | N/A | 0.6 | N/A | 0% |
| China | N/A | 5.4 | 0.7 | N/A | -87.0% |
| India | N/A | N/A | 0.4 | N/A | 0% |
| Brazil | 3.4 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | 0.2 | N/A | 41.4% |
| Total | 17.2 | 7.6 | 9.8 | 8.7 | -20.3% |
Top Suppliers of Cerium Compounds to Ecuador in 2022:
- United States (110.0 kg)
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This report provides an in-depth analysis of the market for compounds of rare-earth metals in Ecuador.
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