Price for Carbides, Whether or Not Chemically Defined in Ecuador - 2022

Contents:

  1. Price for Carbides, Whether or Not Chemically Defined in Ecuador (CIF) - 2022
  2. Price for Carbides, Whether or Not Chemically Defined in Ecuador (FOB) - 2022
  3. Imports of Carbides, Whether or Not Chemically Defined in Ecuador
  4. Exports of Carbides, Whether or Not Chemically Defined in Ecuador

Price for Carbides, Whether or Not Chemically Defined in Ecuador (CIF) - 2022

The average import price for carbides, whether or not chemically defineds stood at $1,290 per ton in 2022, growing by 46% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached 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 Brazil ($1,473 per ton), while the price for China ($907 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carbides, Whether or Not Chemically Defined in Ecuador (FOB) - 2022

In 2022, the average export price for carbides, whether or not chemically defineds amounted to $1,487 per ton, surging by 53% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($1,670 per ton), while the average price for exports to Colombia stood at $1,362 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saint Vincent and the Grenadines (-3.0%), while the prices for the other major destinations experienced a decline.

Imports of Carbides, Whether or Not Chemically Defined in Ecuador

After two years of decline, purchases abroad of carbides, whether or not chemically defineds increased by 185% to 1.6K tons in 2022. Over the period under review, imports, however, showed a noticeable decrease.

In value terms, imports of carbides, whether or not chemically defineds skyrocketed to $2.1M in 2022. Overall, imports continue to indicate a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Carbides, Whether or Not Chemically Defined in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico1411371651,243106.6%
China380176151357-2.1%
Brazil40.245.071.231598.6%
Argentina10371.528.955.7-18.5%
Slovakia13519.611.239.5-33.6%
Spain3241569.30.2-91.5%
Chile29.322.510.2N/A-41.0%
Others56479.147.042.3-57.8%
Total1,7187074942,0526.1%

Top Suppliers of Carbides, Whether or Not Chemically Defined to Ecuador in 2022:

  1. Mexico (889.1 tons)
  2. China (393.8 tons)
  3. Brazil (213.5 tons)
  4. Slovakia (43.1 tons)
  5. Argentina (43.0 tons)

Exports of Carbides, Whether or Not Chemically Defined in Ecuador

After three years of growth, shipments abroad of carbides, whether or not chemically defineds decreased by -38.4% to 53 tons in 2022. In general, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 229% against the previous year.

In value terms, exports of carbides, whether or not chemically defineds contracted to $79K in 2022. Overall, exports, however, posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 390% against the previous year. As a result, the exports reached the peak of $89K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Carbides, Whether or Not Chemically Defined in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia6.762.448.943.186.0%
Peru4.210.614.936.1104.8%
Saint Vincent and the Grenadines7.416.520.5N/A66.4%
OthersN/AN/AN/AN/A0%
Total18.289.484.379.263.3%

Top Export Markets for Carbides, Whether or Not Chemically Defined from Ecuador in 2022:

  1. Colombia (31.7 tons)
  2. Peru (21.6 tons)

Source: IndexBox Market Intelligence Platform

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