Molybdenum; Wire Price in Ecuador - 2021
Contents:
Molybdenum; Wire Price in Ecuador (CIF) - 2022
In 2022, the average molybdenum; wire import price amounted to $44,540 per ton, reducing by -18.9% against the previous year. Over the period under review, the import price continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2021 when the average import price increased by 85% against the previous year. The import price peaked at $60,156 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -3.0% per year.
Molybdenum; Wire Imports in Ecuador
In 2022, after three years of growth, there was significant decline in purchases abroad of molybdenum; wires, when their volume decreased by -15.6% to 189 kg. In general, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 70%.
In value terms, molybdenum; wire imports declined rapidly to $8.4K in 2022. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 171%. As a result, imports reached the peak of $12K, and then fell markedly in the following year.
| Import of Molybdenum; Wire in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.6 | 4.5 | 12.3 | 8.4 | 22.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.6 | 4.5 | 12.3 | 8.4 | 22.2% |
Top Suppliers of Molybdenum; Wire to Ecuador in 2022:
- China (189.0 kg)
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