Price for Zinc; Dust, Powders and Flakes in Ecuador - 2022

Contents:

1. Price for Zinc; Dust, Powders and Flakes in Ecuador (FOB) - 2022
2. Price for Zinc; Dust, Powders and Flakes in Ecuador (CIF) - 2022
3. Exports of Zinc; Dust, Powders and Flakes in Ecuador
4. Imports of Zinc; Dust, Powders and Flakes in Ecuador

Price for Zinc; Dust, Powders and Flakes in Ecuador (FOB) - 2022

In 2021, the average export price for zinc; dust, powders and flakeses amounted to $1,440 per ton, picking up by 34% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.8%. The growth pace was the most rapid in 2018 an increase of 68% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($2,035 per ton), while the average price for exports to Colombia amounted to $1,178 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+41.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Zinc; Dust, Powders and Flakes in Ecuador (CIF) - 2022

In 2021, the average import price for zinc; dust, powders and flakeses amounted to $2,807 per ton, shrinking by -35.9% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2021: its price increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, zinc; dust, powders and flakes import price decreased by -42.4% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 42%. Over the period under review, average import prices attained the maximum at $4,870 per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Belgium ($8,828 per ton), while the price for Peru ($4,013 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Zinc; Dust, Powders and Flakes in Ecuador

Zinc; dust, powders and flakes exports from Ecuador dropped to 379 tons in 2022, falling by -13.3% on the previous year's figure. In general, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year.

In value terms, zinc; dust, powders and flakes exports shrank remarkably to $487K in 2022. Overall, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 82%.

Top Export Markets for Zinc; Dust, Powders and Flakes from Ecuador in 2022:

1. Colombia (303.6 tons)
2. Mexico (133.5 tons)

Imports of Zinc; Dust, Powders and Flakes in Ecuador

In 2022, approx. 28 tons of zinc; dust, powders and flakeses were imported into Ecuador; declining by -40.2% on the previous year. Overall, imports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 408% against the previous year. As a result, imports reached the peak of 46 tons, and then reduced markedly in the following year.

In value terms, zinc; dust, powders and flakes imports fell remarkably to $85K in 2022. Over the period under review, imports recorded a noticeable descent. The growth pace was the most rapid in 2021 with an increase of 225%. As a result, imports attained the peak of $130K, and then contracted sharply in the following year.

Top Suppliers of Zinc; Dust, Powders and Flakes to Ecuador in 2022:

1. United States (11.6 tons)
2. Portugal (4.4 tons)
3. Peru (2.7 tons)
4. Belgium (0.9 tons)
5. Colombia (0.3 tons)

Source: IndexBox Market Intelligence Platform