Price for Lustres; Liquid Lustres and Similar Preparations in Ecuador - 2022

Contents:

  1. Price for Lustres; Liquid Lustres and Similar Preparations in Ecuador (CIF) - 2022
  2. Price for Lustres; Liquid Lustres and Similar Preparations in Ecuador (FOB) - 2022
  3. Imports of Lustres; Liquid Lustres and Similar Preparations in Ecuador
  4. Exports of Lustres; Liquid Lustres and Similar Preparations in Ecuador

Price for Lustres; Liquid Lustres and Similar Preparations in Ecuador (CIF) - 2022

The average import price for lustres; liquid lustres and similar preparationses stood at $1,349 per ton in 2022, declining by -83.8% against the previous year. Over the period under review, the import price, however, saw a temperate increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 104% against the previous year. Over the period under review, average import prices attained the peak figure at $8,309 per ton in 2021, and then fell remarkably in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($1,304 per ton), while the price for Spain totaled $1,132 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+24.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lustres; Liquid Lustres and Similar Preparations in Ecuador (FOB) - 2022

In 2022, the average export price for lustres; liquid lustres and similar preparationses amounted to $1,500 per ton, which is down by -99% against the previous year. Overall, the export price showed a sharp curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 487% against the previous year. As a result, the export price attained the peak level of $182,000 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Panama.

From 2012 to 2022, the rate of growth in terms of prices for the Dominican Republic amounted to +6.9% per year.

Imports of Lustres; Liquid Lustres and Similar Preparations in Ecuador

Imports of lustres; liquid lustres and similar preparationses into Ecuador soared to 222 tons in 2022, rising by 702% compared with the previous year. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of lustres; liquid lustres and similar preparationses soared to $300K in 2022. In general, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 96%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Import of Lustres; Liquid Lustres and Similar Preparations in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain56.040.020.914637.6%
Argentina8.36.321.5117141.6%
Others17471.518837.0-40.3%
Total2381182303008.0%

Top Suppliers of Lustres; Liquid Lustres and Similar Preparations to Ecuador in 2022:

  1. Spain (128.9 tons)
  2. Argentina (90.0 tons)

Exports of Lustres; Liquid Lustres and Similar Preparations in Ecuador

Exports of lustres; liquid lustres and similar preparationses from Ecuador surged to 14 kg in 2022, growing by 1,300% compared with the previous year's figure. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of lustres; liquid lustres and similar preparationses shrank remarkably to $21 in 2022. Overall, exports, however, continue to indicate a precipitous decrease. The smallest decline of -4.6% was in 2020.

Export of Lustres; Liquid Lustres and Similar Preparations in Ecuador (USD)
COUNTRY2019202020212022CAGR,
2019-2022
PanamaN/AN/AN/A21.00%
Dominican Republic173165150N/A-6.9%
OthersN/AN/AN/AN/A0%
Total17316515021.0-50.5%

Top Export Markets for Lustres; Liquid Lustres and Similar Preparations from Ecuador in 2022:

  1. Panama (14.0 kg)

Source: IndexBox Market Intelligence Platform

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