Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Ecuador - 2022

Contents:

1. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Ecuador (CIF) - 2022
2. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Ecuador (FOB) - 2022
3. Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Ecuador
4. Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Ecuador

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Ecuador (CIF) - 2022

The average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s stood at $3,182 per ton in 2022, increasing by 36% against the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s increased by +56.7% against 2016 indices. As a result, import price reached 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 the United States ($7,356 per ton), while the price for Belgium ($2,840 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 (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Ecuador (FOB) - 2022

In 2022, the average export price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $5,690 per ton, surging by 36% against the previous year. Over the period under review, the export price, however, saw a deep downturn. The pace of growth appeared the most rapid in 2019 an increase of 53%. The export price peaked at $13,959 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($7,920 per ton), while the average price for exports to Peru amounted to $4,806 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Ecuador

For the fourth consecutive year, Ecuador recorded growth in purchases abroad of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s, which increased by 13% to 1.7K tons in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +26.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +100.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 38% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s surged to $5.4M in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) to Ecuador in 2022:

1. Thailand (746.2 tons)
2. China (353.1 tons)
3. Belgium (300.7 tons)
4. Germany (151.0 tons)
5. Chile (56.0 tons)
6. Spain (43.4 tons)

Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Ecuador

In 2022, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s from Ecuador expanded remarkably to 7 tons, increasing by 15% on the previous year's figure. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 509%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s soared to $40K in 2022. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 427% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Top Export Markets for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) from Ecuador in 2022:

1. Peru (5.0 tons)
2. Colombia (2.0 tons)

Source: IndexBox Market Intelligence Platform