Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Ecuador - 2022
Contents:
- Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Ecuador (CIF) - 2022
- Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Ecuador (FOB) - 2022
- Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Ecuador
- Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Ecuador
Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Ecuador (CIF) - 2022
In 2022, the average import price for articles of precious metal or of metal clad with precious metal amounted to $33,136 per ton, surging by 37% against the previous year. Over the period under review, the import price, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 when the average import price increased by 44% against the previous year. Over the period under review, average import prices attained the maximum at $51,243 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Italy ($415,552 per ton), while the price for China ($10,251 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+32.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Ecuador (FOB) - 2022
In 2022, the average export price for articles of precious metal or of metal clad with precious metal amounted to $197,500 per ton, reducing by -43% against the previous year. Overall, the export price saw a abrupt contraction. The growth pace was the most rapid in 2018 an increase of 123%. The export price peaked at $1,112,286 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($368,000 per ton), while the average price for exports to Panama stood at $27,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+31.7%).
Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Ecuador
In 2022, approx. 867 kg of articles of precious metal or of metal clad with precious metal were imported into Ecuador; growing by 3.7% against 2021. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 6.6% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, imports of articles of precious metal or of metal clad with precious metal surged to $29K in 2022. In general, imports, however, saw a perceptible descent.
| Import of Articles of Precious Metal or of Metal Clad with Precious Metal in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 0.9 | 4.1 | 1.8 | 12.1 | 137.8% |
| United States | 5.9 | 3.1 | 2.2 | 10.1 | 19.6% |
| China | 0.9 | 0.4 | 0.2 | 4.5 | 71.0% |
| France | N/A | 0.1 | 0.1 | 0.8 | 182.8% |
| Chile | 0.9 | 0.8 | 0.3 | N/A | -42.3% |
| India | 1.1 | 1.4 | 0.8 | N/A | -14.7% |
| Brazil | 15.3 | 19.7 | 11.2 | N/A | -14.4% |
| Canada | 4.2 | 1.6 | 1.9 | N/A | -32.7% |
| Others | 2.0 | 2.2 | 1.8 | 1.3 | -13.4% |
| Total | 31.1 | 33.3 | 20.2 | 28.7 | -2.6% |
Top Suppliers of Articles of Precious Metal or of Metal Clad with Precious Metal to Ecuador in 2022:
- China (442.0 kg)
- United States (344.0 kg)
- France (40.0 kg)
- Italy (29.0 kg)
Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Ecuador
In 2022, overseas shipments of articles of precious metal or of metal clad with precious metal increased by 167% to 8 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt slump.
In value terms, exports of articles of precious metal or of metal clad with precious metal surged to $1.6K in 2022. In general, exports, however, continue to indicate a sharp descent.
| Export of Articles of Precious Metal or of Metal Clad with Precious Metal in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.3 | 2.1 | 1.0 | 1.5 | -29.6% |
| Panama | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.3 | 2.1 | 1.0 | 1.6 | -28.1% |
Top Export Markets for Articles of Precious Metal or of Metal Clad with Precious Metal from Ecuador in 2022:
- United States (4.0 kg)
- Panama (4.0 kg)
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