Report Update Apr 1, 2024

Ecuador - Lignite - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Lignite Market 2024

Lignite Market Size in Ecuador

In 2022, the Ecuadorian lignite market decreased by X% to $X, falling for the third consecutive year after five years of growth. In general, consumption continues to indicate a perceptible shrinkage. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Lignite Exports

Exports from Ecuador

Lignite exports from Ecuador dropped notably to X tons in 2016, which is down by X% against 2015. In general, exports, however, showed a significant increase. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then shrank rapidly in the following year.

In value terms, lignite exports shrank sharply to $X in 2016. Overall, exports continue to indicate a sharp reduction. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2015, and then fell markedly in the following year.

Exports by Country

Venezuela (X tons) was the main destination for lignite exports from Ecuador, with a X% share of total exports. Moreover, lignite exports to Venezuela exceeded the volume sent to the second major destination, Peru (X kg), ninefold.

From 2013 to 2016, the average annual rate of growth in terms of volume to Venezuela was relatively modest.

In value terms, Peru ($X) emerged as the key foreign market for lignites exports from Ecuador, comprising X% of total exports. The second position in the ranking was taken by Venezuela ($X), with a X% share of total exports.

From 2013 to 2016, the average annual growth rate of value to Peru stood at X%.

Export Prices by Country

In 2016, the average lignite export price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price continues to indicate a sharp decrease. The pace of growth appeared the most rapid in 2014 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2016, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2016, amid the top suppliers, the country with the highest price was Peru ($X per ton), while the average price for exports to Venezuela totaled $X per ton.

From 2013 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Peru (X%).

Lignite Imports

Imports into Ecuador

For the fourth year in a row, Ecuador recorded decline in overseas purchases of lignites, which decreased by X% to X tons in 2022. Overall, imports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, lignite imports fell notably to $X in 2022. In general, imports recorded a noticeable descent. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) was the main supplier of lignite to Ecuador, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled X%.

In value terms, the United States ($X) constituted the largest supplier of lignites to Ecuador.

From 2012 to 2022, the average annual growth rate of value from the United States totaled X%.

Import Prices by Country

The average lignite import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price continues to indicate resilient growth. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lignite in the world?

The countries with the highest volumes of consumption in 2023 were Germany, China and Turkey, together accounting for 46% of global consumption. Mongolia, the United States, Poland, India, Serbia, the Czech Republic, Bulgaria, Greece, Lao People's Democratic Republic and Romania lagged somewhat behind, together accounting for a further 44%.

What are the largest producers of lignite in the world?

The countries with the highest volumes of production in 2022 were Germany, Indonesia and Turkey, with a combined 44% share of global production. Mongolia, the United States, Poland, India, Serbia, the Czech Republic, Bulgaria, Greece, Romania and Lao People's Democratic Republic lagged somewhat behind, together comprising a further 46%.

What are the leading suppliers of lignite to Ecuador?

In value terms, the United States constituted the largest supplier of lignites to Ecuador.

What are the leading importers of lignite from Ecuador?

In value terms, Peru $647) emerged as the key foreign market for lignites exports from Ecuador, comprising 77% of total exports. The second position in the ranking was held by Venezuela $195), with a 23% share of total exports.

What is the average export price for lignite in Ecuador?

In 2016, the average lignite export price amounted to $117 per ton, with a decrease of -82% against the previous year.

What is the average import price for lignite in Ecuador?

The average lignite import price stood at $940 per ton in 2022, increasing by 57% against the previous year.

This report provides an in-depth analysis of the lignite 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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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