Price for Liquid Elevators; Parts Thereof in Ecuador - 2022
Contents:
- Price for Liquid Elevators; Parts Thereof in Ecuador (CIF) - 2022
- Price for Liquid Elevators; Parts Thereof in Ecuador (FOB) - 2022
- Imports of Liquid Elevators; Parts Thereof in Ecuador
- Exports of Liquid Elevators; Parts Thereof in Ecuador
Price for Liquid Elevators; Parts Thereof in Ecuador (CIF) - 2022
The average liquid elevators; parts thereof import price stood at $19,079 per ton in 2022, with an increase of 5.6% against the previous year. Overall, the import price, however, continues to indicate a noticeable decrease. The growth pace was the most rapid in 2016 when the average import price increased by 70% against the previous year. Over the period under review, average import prices hit record highs at $37,727 per ton in 2017; however, from 2018 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 the United States ($21,801 per ton), while the price for Peru ($7,277 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Liquid Elevators; Parts Thereof in Ecuador (FOB) - 2022
The average liquid elevators; parts thereof export price stood at $66,548 per ton in 2022, increasing by 2.4% against the previous year. In general, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, liquid elevators; parts thereof export price increased by +26.7% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by 68% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($87,659 per ton), while the average price for exports to Colombia totaled $63,562 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+7.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Liquid Elevators; Parts Thereof in Ecuador
In 2022, purchases abroad of liquid elevators; parts thereoves increased by 7.5% to 22 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a abrupt slump.
In value terms, liquid elevators; parts thereof imports rose significantly to $419K in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 19%. As a result, imports reached the peak of $469K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Liquid Elevators; Parts Thereof in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 104 | 159 | 228 | 231 | 30.5% |
| United States | 93.5 | 145 | 34.8 | 55.1 | -16.2% |
| Peru | 14.0 | 71.8 | 7.0 | 15.5 | 3.5% |
| Italy | 43.9 | 15.1 | 4.7 | 14.9 | -30.2% |
| Others | 140 | 77.9 | 93.7 | 103 | -9.7% |
| Total | 395 | 469 | 369 | 419 | 2.0% |
Top Suppliers of Liquid Elevators; Parts Thereof to Ecuador in 2022:
- China (15.0 tons)
- United States (2.5 tons)
- Peru (2.1 tons)
- Italy (0.9 tons)
Exports of Liquid Elevators; Parts Thereof in Ecuador
In 2022, shipments abroad of liquid elevators; parts thereoves increased by 28% to 1.2 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a precipitous contraction.
In value terms, liquid elevators; parts thereof exports surged to $82K in 2022. Over the period under review, exports, however, recorded a dramatic slump.
| Export of Liquid Elevators; Parts Thereof in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 170 | 66.7 | 53.1 | 68.3 | -26.2% |
| Peru | 31.7 | 15.4 | 9.3 | 13.3 | -25.1% |
| Mexico | 20.3 | N/A | N/A | N/A | 0% |
| Angola | N/A | 15.8 | N/A | N/A | 0% |
| Others | 0.2 | 2.8 | N/A | N/A | 1300.0% |
| Total | 222 | 101 | 62.4 | 81.6 | -28.4% |
Top Export Markets for Liquid Elevators; Parts Thereof from Ecuador in 2022:
- Colombia (1074.0 kg)
- Peru (152.0 kg)
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