Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Ecuador - 2022

Contents:

1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Ecuador (CIF) - 2022
2. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Ecuador (FOB) - 2022
3. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Ecuador
4. Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Ecuador

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Ecuador (CIF) - 2022

The average import price for balances; of a sensitivity of 5cg or better, with or without weightses stood at $123,150 per ton in 2022, rising by 23% against the previous year. Over the period under review, the import price posted a strong expansion. The most prominent rate of growth was recorded in 2020 an increase of 283% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Poland ($247,889 per ton), while the price for Hong Kong SAR ($8,008 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Ecuador (FOB) - 2022

In 2022, the average export price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $171,500 per ton, rising by 45% against the previous year. Overall, the export price, however, recorded a noticeable downturn. Over the period under review, the average export prices attained the peak figure at $300,800 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($423,000 per ton), while the average price for exports to Switzerland ($18,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+36.4%), while the prices for the other major destinations experienced a decline.

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Ecuador

In 2022, overseas purchases of balances; of a sensitivity of 5cg or better, with or without weightses increased by 23% to 12 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a sharp contraction.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses declined modestly to $604K in 2022. The total import value increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 28% against the previous year. As a result, imports attained the peak of $632K, and then dropped in the following year.

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Ecuador in 2022:

1. China (9.5 tons)
2. Germany (0.5 tons)
3. Spain (0.5 tons)
4. Hong Kong SAR (0.4 tons)
5. United States (0.3 tons)
6. Poland (0.2 tons)

Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Ecuador

In 2022, overseas shipments of balances; of a sensitivity of 5cg or better, with or without weightses decreased by -64.3% to 5 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports saw a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 67% against the previous year.

In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses contracted rapidly to $686 in 2022. Overall, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of 208% against the previous year. As a result, the exports attained the peak of $2.6K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from Ecuador in 2022:

1. United States (1.0 kg)
2. Switzerland (1.0 kg)
3. Germany (1.0 kg)
4. Colombia (1.0 kg)
5. Peru (1.0 kg)

Source: IndexBox Market Intelligence Platform