Price for Salts of Oxometallic or Peroxometallic Acids in Ecuador - 2022

Price for Salts of Oxometallic or Peroxometallic Acids in Ecuador (CIF) - 2022

The average import price for salts of oxometallic or peroxometallic acidses stood at $3,923 per ton in 2022, declining by -10.8% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% 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 salts of oxometallic or peroxometallic acidses decreased by -12.2% against 2020 indices. The pace of growth was the most pronounced in 2015 when the average import price increased by 27%. As a result, import price reached the peak level of $4,947 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($4,744 per ton), while the price for Brazil ($2,097 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Salts of Oxometallic or Peroxometallic Acids in Ecuador (FOB) - 2022

The average export price for salts of oxometallic or peroxometallic acidses stood at $2,548 per ton in 2022, shrinking by -40.3% against the previous year. Over the period under review, the export price saw a deep reduction. The growth pace was the most rapid in 2018 when the average export price increased by 57%. The export price peaked at $27,887 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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 -6.5% per year.

Imports of Salts of Oxometallic or Peroxometallic Acids in Ecuador

Imports of salts of oxometallic or peroxometallic acidses into Ecuador soared to 339 tons in 2022, rising by 67% compared with the year before. In general, imports enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 81% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of salts of oxometallic or peroxometallic acidses skyrocketed to $1.3M in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 78%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Salts of Oxometallic or Peroxometallic Acids in Ecuador (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	217	126	364	703	48.0%
Mexico	101	93.0	63.5	252	35.6%
Russia	41.2	14.2	102	189	66.2%
Netherlands	43.3	40.3	98.9	60.3	11.7%
United States	43.7	23.6	26.4	50.5	4.9%
Brazil	22.8	16.0	26.1	26.8	5.5%
Italy	41.3	37.9	40.2	N/A	-1.3%
Others	203	150	169	48.1	-38.1%
Total	713	502	891	1,330	23.1%

Top Suppliers of Salts of Oxometallic or Peroxometallic Acids to Ecuador in 2022:

China (169.5 tons)
Mexico (61.8 tons)
Russia (60.4 tons)
United States (14.6 tons)
Brazil (12.8 tons)
Netherlands (12.7 tons)

Exports of Salts of Oxometallic or Peroxometallic Acids in Ecuador

For the fourth year in a row, Ecuador recorded growth in shipments abroad of salts of oxometallic or peroxometallic acidses, which increased by 463% to 1.1 tons in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of salts of oxometallic or peroxometallic acidses surged to $2.9K in 2022. Over the period under review, exports saw a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.