Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Ecuador - 2022

Contents:

1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Ecuador (CIF) - 2022
2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Ecuador (FOB) - 2022
3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Ecuador
4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Ecuador

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Ecuador (CIF) - 2022

The average import price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $12,124 per ton in 2022, picking up by 72% against the previous year. Overall, the import price, however, saw a noticeable setback. The import price peaked at $20,957 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Chile ($22,627 per ton), while the price for Spain ($6,651 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+7.4%), while the prices for the other major suppliers experienced a decline.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Ecuador (FOB) - 2022

The average export price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $2,711 per ton in 2022, waning by -18.3% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 29% against the previous year. Over the period under review, the average export prices reached the maximum at $18,075 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to -19.1% per year.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Ecuador

In 2022, imports of polymers, natural; alginic acid, its salts and esters, in primary formses into Ecuador fell slightly to 61 tons, standing approx. at 2021 figures. Overall, imports, however, saw a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by 181% against the previous year. As a result, imports attained the peak of 62 tons, and then declined modestly in the following year.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses soared to $739K in 2022. In general, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 210% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Ecuador in 2022:

1. United States (35.3 tons)
2. Peru (16.2 tons)
3. Chile (9.1 tons)
4. Spain (0.2 tons)
5. China (0.1 tons)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Ecuador

Exports of polymers, natural; alginic acid, its salts and esters, in primary formses from Ecuador contracted sharply to 38 kg in 2022, which is down by -99.1% against the previous year. Overall, exports continue to indicate a sharp reduction. The pace of growth appeared the most rapid in 2021 with an increase of 86% against the previous year. As a result, the exports reached the peak of 4.1 tons, and then shrank significantly in the following year.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses fell remarkably to $103 in 2022. In general, exports continue to indicate a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 69% against the previous year. As a result, the exports reached the peak of $14K, and then declined remarkably in the following year.

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Ecuador in 2022:

1. Colombia (38.0 kg)

Source: IndexBox Market Intelligence Platform