Price for Chain; Articulated Link, Roller, of Iron or Steel in Ecuador - 2022

Contents:

1. Price for Chain; Articulated Link, Roller, of Iron or Steel in Ecuador (CIF) - 2022
2. Price for Chain; Articulated Link, Roller, of Iron or Steel in Ecuador (FOB) - 2022
3. Imports of Chain; Articulated Link, Roller, of Iron or Steel in Ecuador
4. Exports of Chain; Articulated Link, Roller, of Iron or Steel in Ecuador

Price for Chain; Articulated Link, Roller, of Iron or Steel in Ecuador (CIF) - 2022

The average import price for chain; articulated link, roller, of iron or steel stood at $5,427 per ton in 2022, increasing by 57% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average import prices reached the peak figure at $5,860 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($19,158 per ton), while the price for Taiwan (Chinese) ($2,775 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chain; Articulated Link, Roller, of Iron or Steel in Ecuador (FOB) - 2022

The average export price for chain; articulated link, roller, of iron or steel stood at $25,067 per ton in 2022, with a decrease of -2.7% against the previous year. Over the period under review, the export price, however, saw slight growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 173%. As a result, the export price attained the peak level of $34,088 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($31,523 per ton), while the average price for exports to Peru totaled $17,296 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+63.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chain; Articulated Link, Roller, of Iron or Steel in Ecuador

In 2022, after three years of growth, there was significant decline in supplies from abroad of chain; articulated link, roller, of iron or steel, when their volume decreased by -47.2% to 690 tons. Over the period under review, imports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2021 with an increase of 106% against the previous year. As a result, imports attained the peak of 1.3K tons, and then shrank significantly in the following year.

In value terms, imports of chain; articulated link, roller, of iron or steel shrank dramatically to $3.7M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 86% against the previous year. As a result, imports reached the peak of $4.5M, and then shrank markedly in the following year.

Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to Ecuador in 2022:

1. China (492.0 tons)
2. Taiwan (Chinese) (80.7 tons)
3. Colombia (35.2 tons)
4. United States (13.6 tons)
5. Germany (11.7 tons)
6. Brazil (11.3 tons)
7. Italy (11.2 tons)
8. South Korea (10.2 tons)

Exports of Chain; Articulated Link, Roller, of Iron or Steel in Ecuador

In 2022, after two years of decline, there was significant growth in shipments abroad of chain; articulated link, roller, of iron or steel, when their volume increased by 13% to 238 kg. In general, exports, however, showed a dramatic slump.

In value terms, exports of chain; articulated link, roller, of iron or steel rose significantly to $6K in 2022. Over the period under review, exports, however, faced a significant decrease.

Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from Ecuador in 2022:

1. United States (130.0 kg)
2. Peru (108.0 kg)

Source: IndexBox Market Intelligence Platform