Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Ecuador - 2022

Contents:

1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Ecuador (CIF) - 2022
2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Ecuador (FOB) - 2022
3. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Ecuador
4. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Ecuador

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Ecuador (CIF) - 2022

The average import price for tubing; flexible, with or without fittings, of base metals stood at $6,060 per ton in 2022, jumping by 20% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 47% against the previous year. As a result, import price attained the peak level of $8,428 per ton. From 2015 to 2022, the average 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 the United States ($12,629 per ton), while the price for Colombia ($3,258 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Ecuador (FOB) - 2022

The average export price for tubing; flexible, with or without fittings, of base metals stood at $8,973 per ton in 2022, jumping by 106% against the previous year. Over the period under review, the export price, however, continues to indicate a mild shrinkage. Over the period under review, the average export prices reached the maximum at $11,054 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($10,849 per ton), while the average price for exports to Peru ($826 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 Argentina (+13.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Ecuador

In 2022, imports of tubing; flexible, with or without fittings, of base metals into Ecuador surged to 786 tons, growing by 62% against the previous year. In general, imports recorded a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of tubing; flexible, with or without fittings, of base metals surged to $4.8M in 2022. Over the period under review, imports saw prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to Ecuador in 2022:

1. China (550.9 tons)
2. United States (92.7 tons)
3. Colombia (87.2 tons)
4. Mexico (32.2 tons)

Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Ecuador

After three years of growth, shipments abroad of tubing; flexible, with or without fittings, of base metals decreased by -40.7% to 2.8 tons in 2022. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 139%.

In value terms, exports of tubing; flexible, with or without fittings, of base metals surged to $25K in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 139% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Top Export Markets for Tubing; Flexible, with or Without Fittings, of Base Metal from Ecuador in 2022:

1. Colombia (1733.0 kg)
2. Finland (450.0 kg)
3. Netherlands (316.0 kg)
4. Switzerland (135.0 kg)
5. Panama (84.0 kg)
6. Peru (23.0 kg)

Source: IndexBox Market Intelligence Platform