Price for Railway or Tramway Track Constructions of Iron or Steel in Ecuador - 2022

Contents:

  1. Price for Railway or Tramway Track Constructions of Iron or Steel in Ecuador (CIF) - 2022
  2. Price for Railway or Tramway Track Constructions of Iron or Steel in Ecuador (FOB) - 2022
  3. Imports of Railway or Tramway Track Constructions of Iron or Steel in Ecuador
  4. Exports of Railway or Tramway Track Constructions of Iron or Steel in Ecuador

Price for Railway or Tramway Track Constructions of Iron or Steel in Ecuador (CIF) - 2022

The average import price for railway or tramway track constructions of iron or steel stood at $1,234 per ton in 2022, picking up by 19% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.5% 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 railway or tramway track constructions of iron or steel increased by +55.8% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 42%. The import price peaked at $1,540 per ton in 2018; however, from 2019 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 France ($140,302 per ton), while the price for China ($1,098 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+58.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Railway or Tramway Track Constructions of Iron or Steel in Ecuador (FOB) - 2022

The average export price for railway or tramway track constructions of iron or steel stood at $1,526 per ton in 2022, picking up by 8.1% against the previous year. In general, the export price, however, saw a pronounced contraction. The pace of growth was the most pronounced in 2021 an increase of 93%. The export price peaked at $2,312 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($18,000 per ton), while the average price for exports to Colombia ($763 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 Chile (+126.0%), while the prices for the other major destinations experienced a decline.

Imports of Railway or Tramway Track Constructions of Iron or Steel in Ecuador

In 2022, after two years of decline, there was significant growth in purchases abroad of railway or tramway track constructions of iron or steel, when their volume increased by 88% to 2.6K tons. In general, imports, however, saw a relatively flat trend pattern.

In value terms, imports of railway or tramway track constructions of iron or steel skyrocketed to $3.1M in 2022. Over the period under review, imports showed temperate growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Railway or Tramway Track Constructions of Iron or Steel in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,5367871,0122,52918.1%
United States32.135.648.413561.4%
Luxembourg72.779.710899.110.9%
Spain31549.135.040.8-49.4%
Austria68662.17.518.2-70.2%
Others2791852013255.2%
Total2,9201,1981,4123,1462.5%

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Ecuador in 2022:

  1. China (2302.8 tons)
  2. United States (106.8 tons)
  3. Luxembourg (81.9 tons)
  4. Spain (6.2 tons)
  5. Austria (5.8 tons)

Exports of Railway or Tramway Track Constructions of Iron or Steel in Ecuador

In 2022, exports of railway or tramway track constructions of iron or steel from Ecuador fell dramatically to 8.3 tons, with a decrease of -70.6% against the year before. In general, exports recorded a precipitous slump. The smallest decline of -46.1% was in 2020.

In value terms, exports of railway or tramway track constructions of iron or steel dropped sharply to $13K in 2022. Overall, exports showed a dramatic decline. The smallest decline of -43.6% was in 2021.

Export of Railway or Tramway Track Constructions of Iron or Steel in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru7.223.830.39.18.1%
Colombia72.146.58.92.7-66.5%
Chile43.9N/AN/AN/A0%
Others1.5N/A0.50.9-15.7%
Total12570.339.612.6-53.5%

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Ecuador in 2022:

  1. Peru (4.7 tons)
  2. Colombia (3.5 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Railway or tramway track constructions of iron or steel - Ecuador