Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Ecuador - 2022

Contents:

  1. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Ecuador (CIF) - 2022
  2. Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Ecuador

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Ecuador (CIF) - 2022

In 2022, the average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $1,593 per ton, growing by 119% against the previous year. Over the period under review, the import price posted a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($7,978 per ton), while the price for China ($1,222 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Ecuador

In 2022, approx. 365 tons of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses were imported into Ecuador; which is down by -1.6% against 2021. Over the period under review, imports, however, enjoyed a measured increase. The pace of growth appeared the most rapid in 2021 when imports increased by 274% against the previous year. As a result, imports reached the peak of 371 tons, and then reduced modestly in the following year.

In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses surged to $581K in 2022. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 276% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China20762.424142026.6%
United States6.06.924.497.7153.5%
France0.71.32.762.0345.8%
Others5.01.12.00.6-50.7%
Total21871.727058138.6%

Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Ecuador in 2022:

  1. China (343.9 tons)
  2. United States (12.2 tons)
  3. France (8.2 tons)

Source: IndexBox Market Intelligence Platform

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