Price for Iodides and Iodide Oxides in Ecuador - 2022

Contents:

  1. Price for Iodides and Iodide Oxides in Ecuador (CIF) - 2022
  2. Imports of Iodides and Iodide Oxides in Ecuador

Price for Iodides and Iodide Oxides in Ecuador (CIF) - 2022

In 2022, the average iodides and iodide oxides import price amounted to $30,900 per ton, picking up by 13% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible contraction. The pace of growth was the most pronounced in 2013 when the average import price increased by 58%. As a result, import price reached the peak level of $62,752 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($60,536 per ton), while the price for Mexico ($6,148 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Iodides and Iodide Oxides in Ecuador

Iodides and iodide oxides imports into Ecuador expanded markedly to 4.4 tons in 2022, with an increase of 11% on the year before. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 71% against the previous year. As a result, imports attained the peak of 4.9 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, iodides and iodide oxides imports skyrocketed to $137K in 2022. Over the period under review, total imports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +4.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -17.2% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 37% against the previous year. As a result, imports reached the peak of $166K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Iodides and Iodide Oxides in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil6.330.926.441.687.6%
Germany37.535.625.025.8-11.7%
China20.320.85.216.2-7.2%
Chile4.99.78.116.048.4%
United States6.712.03.37.22.4%
India5.810.11.61.7-33.6%
Mexico2.02.40.81.0-20.6%
Others37.344.038.427.7-9.4%
Total1211661091374.2%

Top Suppliers of Iodides and Iodide Oxides to Ecuador in 2022:

  1. Germany (1604.0 kg)
  2. Brazil (1134.0 kg)
  3. Chile (486.0 kg)
  4. China (364.0 kg)
  5. United States (175.0 kg)
  6. Mexico (169.0 kg)
  7. India (28.0 kg)

Source: IndexBox Market Intelligence Platform

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