Ecuador - Zinc - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Ecuador - Zinc - Market Analysis, Forecast, Size, Trends And Insights

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Zinc Price in Ecuador - 2022

Contents:

  1. Zinc Price in Ecuador (CIF) - 2022
  2. Zinc Price in Ecuador (FOB) - 2022
  3. Zinc Imports in Ecuador
  4. Zinc Exports in Ecuador

Zinc Price in Ecuador (CIF) - 2022

In January 2022, the average zinc import price amounted to $4,361 per ton, jumping by 22% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Peru.

From January 2021 to January 2022, the rate of growth in terms of prices for Peru amounted to +3.1% per month.

Zinc Price in Ecuador (FOB) - 2022

In 2021, the average zinc export price amounted to $2,562 per ton, growing by 21% against the previous year. Over the period under review, the export price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 an increase of 87%. As a result, the export price reached the peak level of $3,654 per ton. From 2018 to 2021, the average 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 Peru ($22,497 per ton), while the average price for exports to Brazil ($559 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+51.4%), while the prices for the other major destinations experienced more modest paces of growth.

Zinc Imports in Ecuador

In 2022, the amount of zinc imported into Ecuador reduced to 4.4K tons, dropping by -13.4% on 2021 figures. In general, imports recorded a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 37% against the previous year.

In value terms, zinc imports plummeted to $13M in 2022. Overall, imports showed a perceptible curtailment. The pace of growth was the most pronounced in 2021 with an increase of 72%. As a result, imports attained the peak of $17M, and then declined remarkably in the following year.

Import of Zinc in Ecuador (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Peru14.89.215.73.0%
Brazil0.10.10.373.2%
Others0.20.40.673.2%
Total15.19.716.64.8%

Top Suppliers of Zinc to Ecuador in 2022:

  1. Peru (4.9K tons)
  2. Brazil (0.1K tons)

Zinc Exports in Ecuador

In 2022, approx. 107 tons of zinc were exported from Ecuador; dropping by -38.7% compared with 2021. Overall, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 341%. As a result, the exports attained the peak of 174 tons, and then fell notably in the following year.

In value terms, zinc exports contracted dramatically to $264K in 2022. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 435% against the previous year. As a result, the exports attained the peak of $445K, and then dropped sharply in the following year.

Export of Zinc in Ecuador (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Peru23.920.625.83.9%
Brazil21.716.518.2-8.4%
Argentina21.417.217.2-10.3%
Colombia17.512.312.7-14.8%
Italy7.07.411.226.5%
Belgium3.12.83.810.7%
OthersN/A6.53565376.9%
Total94.583.2445117.0%

Top Export Markets for Zinc from Ecuador in 2022:

  1. Brazil (32.6 tons)
  2. Argentina (3.0 tons)
  3. Colombia (2.6 tons)
  4. Italy (2.1 tons)
  5. Peru (1.1 tons)
  6. Belgium (1.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the zinc market in Ecuador. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

    Country coverage:

    • Ecuador

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Ecuador
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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