Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ecuador - 2022
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ecuador (CIF) - 2022
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ecuador (FOB) - 2022
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ecuador
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ecuador
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ecuador (CIF) - 2022
The average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $6,131 per ton in 2022, rising by 51% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Italy ($11,699 per ton), while the price for Portugal ($2,462 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ecuador (FOB) - 2022
The average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $6,598 per ton in 2022, surging by 30% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2014 when the average export price increased by 30% against the previous year. The export price peaked at $6,682 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($8,033 per ton), while the average price for exports to the United States ($4,014 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ecuador
In 2022, approx. 1K tons of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium were imported into Ecuador; shrinking by -62.7% against 2021 figures. Overall, imports saw a mild contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 301% against the previous year. As a result, imports attained the peak of 2.7K tons, and then shrank significantly in the following year.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium dropped rapidly to $6.3M in 2022. Over the period under review, imports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 274% against the previous year. As a result, imports reached the peak of $11M, and then fell dramatically in the following year.
| Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 1,093 | 929 | 3,184 | 1,854 | 19.3% |
| Brazil | 1,073 | 549 | 2,110 | 1,424 | 9.9% |
| China | 443 | 584 | 1,969 | 621 | 11.9% |
| Italy | 10.2 | 1.9 | 439 | 491 | 263.8% |
| United States | 220 | 114 | 487 | 490 | 30.6% |
| France | 363 | 156 | 894 | 320 | -4.1% |
| Portugal | 281 | 206 | 434 | 278 | -0.4% |
| Others | 1,539 | 450 | 1,654 | 816 | -19.1% |
| Total | 5,023 | 2,989 | 11,170 | 6,293 | 7.8% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to Ecuador in 2022:
- Colombia (282.9 tons)
- Brazil (233.8 tons)
- China (145.4 tons)
- Portugal (112.8 tons)
- United States (52.9 tons)
- Italy (42.0 tons)
- France (38.9 tons)
Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ecuador
Exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium from Ecuador declined notably to 20 tons in 2022, with a decrease of -28.8% compared with the previous year's figure. Over the period under review, exports, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2021 when exports increased by 111%. As a result, the exports attained the peak of 28 tons, and then shrank markedly in the following year.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium declined to $130K in 2022. Overall, exports, however, posted a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 101% against the previous year. As a result, the exports reached the peak of $140K, and then fell in the following year.
| Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 55.3 | 12.8 | 15.5 | 90.1 | 17.7% |
| Chile | 20.3 | 53.3 | 20.0 | 26.6 | 9.4% |
| Peru | 6.8 | 0.3 | 21.8 | 5.3 | -8.0% |
| United States | N/A | N/A | N/A | 1.2 | 0% |
| Argentina | N/A | N/A | 22.4 | N/A | 0% |
| Mexico | 0.2 | N/A | 52.5 | N/A | 1520.2% |
| Others | 0.3 | 3.2 | 7.5 | 6.4 | 177.3% |
| Total | 82.8 | 69.6 | 140 | 130 | 16.2% |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium from Ecuador in 2022:
- Colombia (14.3 tons)
- Chile (3.3 tons)
- Peru (1.3 tons)
- United States (0.3 tons)
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