Ecuador - Polyolefins other than Polypropylene - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Ecuador - Polyolefins other than Polypropylene - Market Analysis, Forecast, Size, Trends And Insights

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Price for Polyolefins Other than Polypropylene in Ecuador - 2022

Contents:

  1. Price for Polyolefins Other than Polypropylene in Ecuador (CIF) - 2022
  2. Price for Polyolefins Other than Polypropylene in Ecuador (FOB) - 2022
  3. Imports of Polyolefins Other than Polypropylene in Ecuador
  4. Exports of Polyolefins Other than Polypropylene in Ecuador

Price for Polyolefins Other than Polypropylene in Ecuador (CIF) - 2022

In 2022, the average polyolefins other than polypropylene import price amounted to $1,910 per ton, waning by -3% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 48% against the previous year. As a result, import price reached the peak level of $1,970 per ton, and then dropped modestly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($2,439 per ton) and Colombia ($1,912 per ton), while the price for China ($1,700 per ton) and the United Arab Emirates ($1,748 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polyolefins Other than Polypropylene in Ecuador (FOB) - 2022

The average polyolefins other than polypropylene export price stood at $1,075 per ton in 2022, declining by -6.4% against the previous year. Over the period under review, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polyolefins other than polypropylene export price decreased by -45.0% against 2018 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices hit record highs at $1,955 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($1,670 per ton), while the average price for exports to Colombia ($1,054 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 (+4.6%), while the prices for the other major destinations experienced a decline.

Imports of Polyolefins Other than Polypropylene in Ecuador

In 2022, polyolefins other than polypropylene imports into Ecuador rose significantly to 20K tons, growing by 7.2% on the previous year. In general, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, polyolefins other than polypropylene imports stood at $39M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 59%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Import of Polyolefins Other than Polypropylene in Ecuador (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia8.28.814.311.311.3%
Brazil8.74.83.66.0-11.6%
South Korea1.61.06.65.147.2%
China0.60.81.84.392.8%
Taiwan (Chinese)1.50.32.43.937.5%
United States3.72.51.71.4-27.7%
United Arab EmiratesN/AN/AN/A1.00%
Netherlands1.71.40.4N/A-51.5%
Others5.14.06.86.16.1%
Total31.123.737.639.17.9%

Top Suppliers of Polyolefins Other than Polypropylene to Ecuador in 2022:

  1. Colombia (5.9K tons)
  2. Brazil (3.3K tons)
  3. South Korea (2.9K tons)
  4. China (2.5K tons)
  5. Taiwan (Chinese) (2.1K tons)
  6. United Arab Emirates (0.6K tons)
  7. United States (0.6K tons)

Exports of Polyolefins Other than Polypropylene in Ecuador

For the fourth consecutive year, Ecuador recorded growth in shipments abroad of polyolefins other than polypropylene, which increased by 411% to 1.7K tons in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, polyolefins other than polypropylene exports soared to $1.8M in 2022. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Polyolefins Other than Polypropylene in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia3.48.21481,661687.6%
Peru37.141.112091.935.3%
El SalvadorN/AN/AN/A49.80%
VietnamN/A32.3N/AN/A0%
Others64.964.611312.2-42.7%
Total1051463801,815158.6%

Top Export Markets for Polyolefins Other than Polypropylene from Ecuador in 2022:

  1. Colombia (1574.9 tons)
  2. Peru (75.9 tons)
  3. El Salvador (29.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Ecuador. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20165150 - Polymers of propylene or of other olefins, in primary forms (excluding polypropylene)

Country coverage:

  • Ecuador

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Ecuador
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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