Price for Sugars; Fructose, Chemically Pure, in Solid Form in Ecuador - 2022
Contents:
- Price for Sugars; Fructose, Chemically Pure, in Solid Form in Ecuador (CIF) - 2022
- Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Ecuador
Price for Sugars; Fructose, Chemically Pure, in Solid Form in Ecuador (CIF) - 2022
The average import price for sugars; fructose, chemically pure, in solid form stood at $1,464 per ton in 2022, flattening at the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 16% against the previous year. The import price peaked at $1,650 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($3,944 per ton), while the price for Turkey ($765 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the prices for the other major suppliers experienced a decline.
Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Ecuador
In 2022, the amount of sugars; fructose, chemically pure, in solid form imported into Ecuador surged to 117 tons, growing by 28% on 2021. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.0% 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 +60.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of sugars; fructose, chemically pure, in solid form surged to $171K in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +17.5% 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 +62.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 45% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Sugars; Fructose, Chemically Pure, in Solid Form in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | N/A | N/A | 1.8 | 43.3 | 2305.6% |
| China | 25.7 | 15.8 | 26.7 | 40.2 | 16.1% |
| Colombia | N/A | N/A | 6.0 | 38.0 | 533.3% |
| United States | 76.7 | 131 | 81.8 | 22.4 | -33.7% |
| Netherlands | N/A | N/A | N/A | 13.2 | 0% |
| Chile | N/A | 4.9 | 14.9 | 11.5 | 53.2% |
| Others | 2.8 | 0.7 | 0.7 | 2.3 | -6.3% |
| Total | 105 | 153 | 132 | 171 | 17.7% |
Top Suppliers of Sugars; Fructose, Chemically Pure, in Solid Form to Ecuador in 2022:
- Slovakia (36.9 tons)
- Colombia (26.8 tons)
- China (21.8 tons)
- United States (21.1 tons)
- Chile (5.0 tons)
- Netherlands (3.4 tons)
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