Metals; Silver Powder Price in Ecuador - 2022
Contents:
Metals; Silver Powder Price in Ecuador (CIF) - 2022
In 2022, the average metals; silver powder import price amounted to $591,250 per ton, growing by 34% against the previous year. Over the period under review, the import price posted a mild increase. The growth pace was the most rapid in 2018 when the average import price increased by 302% against the previous year. Over the period under review, average import prices reached the peak figure at $629,518 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
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 the United States amounted to +0.7% per year.
Metals; Silver Powder Imports in Ecuador
For the fourth consecutive year, Ecuador recorded growth in purchases abroad of metals; silver powder, which increased by 33% to 8 kg in 2022. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 100% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, metals; silver powder imports skyrocketed to $4.7K in 2022. Overall, imports saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 367%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Metals; Silver Powder in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.9 | 0.1 | 2.6 | 4.7 | 73.5% |
| China | N/A | 0.5 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.9 | 0.6 | 2.6 | 4.7 | 73.5% |
Top Suppliers of Metals; Silver Powder to Ecuador in 2022:
- United States (8.0 kg)
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