Price for Hydrogen, Rare Gases and Other Non-Metals in Ecuador - 2022
Contents:
- Price for Hydrogen, Rare Gases and Other Non-Metals in Ecuador (CIF) - 2022
- Price for Hydrogen, Rare Gases and Other Non-Metals in Ecuador (FOB) - 2022
- Imports of Hydrogen, Rare Gases and Other Non-Metals in Ecuador
- Exports of Hydrogen, Rare Gases and Other Non-Metals in Ecuador
Price for Hydrogen, Rare Gases and Other Non-Metals in Ecuador (CIF) - 2022
In 2022, the average import price for hydrogen, rare gases and other non-metalses amounted to $1.7 per cubic meter, picking up by 4.6% against the previous year. Overall, the import price saw a prominent expansion. The pace of growth appeared the most rapid in 2013 when the average import price increased by 99%. Over the period under review, average import prices hit record highs at $2.8 per cubic meter in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 Netherlands ($7.4 per cubic meter), while the price for Peru ($0.6 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hydrogen, Rare Gases and Other Non-Metals in Ecuador (FOB) - 2022
The average export price for hydrogen, rare gases and other non-metalses stood at $0.7 per cubic meter in 2022, reducing by -8.2% against the previous year. In general, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2013 an increase of 117% against the previous year. As a result, the export price attained the peak level of $3.6 per cubic meter. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Peru.
From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to +0.9% per year.
Imports of Hydrogen, Rare Gases and Other Non-Metals in Ecuador
In 2022, approx. 1.3M cubic meters of hydrogen, rare gases and other non-metalses were imported into Ecuador; with an increase of 22% compared with the previous year's figure. Over the period under review, imports enjoyed moderate growth. The pace of growth was the most pronounced in 2021 when imports increased by 91%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, imports of hydrogen, rare gases and other non-metalses soared to $2.2M in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 46%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Hydrogen, Rare Gases and Other Non-Metals in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 853 | 380 | 390 | 872 | 0.7% |
| China | 553 | 411 | 870 | 540 | -0.8% |
| Colombia | 182 | 47.5 | 212 | 331 | 22.1% |
| Peru | 138 | 36.4 | 4.1 | 95.4 | -11.6% |
| Chile | 116 | 81.3 | 40.1 | 77.9 | -12.4% |
| Trinidad and Tobago | 84.2 | 6.6 | N/A | N/A | -92.2% |
| Others | 234 | 199 | 182 | 253 | 2.6% |
| Total | 2,161 | 1,162 | 1,697 | 2,170 | 0.1% |
Top Suppliers of Hydrogen, Rare Gases and Other Non-Metals to Ecuador in 2022:
- Colombia (541.7K cubic meters)
- China (324.0K cubic meters)
- Peru (162.2K cubic meters)
- United States (143.3K cubic meters)
- Chile (47.6K cubic meters)
Exports of Hydrogen, Rare Gases and Other Non-Metals in Ecuador
In 2022, overseas shipments of hydrogen, rare gases and other non-metalses decreased by -16.3% to 1.3M cubic meters, falling for the second consecutive year after two years of growth. Overall, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 505%. As a result, the exports reached the peak of 1.8M cubic meters. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of hydrogen, rare gases and other non-metalses declined rapidly to $866K in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 648% against the previous year. As a result, the exports attained the peak of $1.4M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Hydrogen, Rare Gases and Other Non-Metals in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 152 | 1,381 | 1,014 | 860 | 78.2% |
| Colombia | 4.3 | 1.8 | 112 | N/A | 410.4% |
| Others | 29.3 | 6.2 | 1.1 | 5.6 | -42.4% |
| Total | 186 | 1,389 | 1,127 | 866 | 67.0% |
Top Export Markets for Hydrogen, Rare Gases and Other Non-Metals from Ecuador in 2022:
- Peru (1318.4K cubic meters)
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