Ecuador: Unwrought Lead Market 2021

Unwrought Lead Market Size in Ecuador

The Ecuadorian unwrought lead market amounted to $X in 2020, picking up by X% against the previous year. Over the period under review, the total consumption indicated perceptible growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, the market hit record highs in 2020 and is expected to retain growth in the near future.

Unwrought Lead Production in Ecuador

In value terms, unwrought lead production amounted to $X in 2020 estimated in export prices. In general, the total production indicated notable growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, production reached the maximum level in 2020 and is likely to continue growth in the immediate term.

Unwrought Lead Exports

Exports from Ecuador

In 2020, after three years of decline, there was significant growth in overseas shipments of unwrought lead, when their volume increased by X% to X tons. Over the period under review, exports showed a buoyant expansion. Over the period under review, exports reached the peak figure at X tons in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

In value terms, unwrought lead exports surged to $X in 2020. In general, exports posted resilient growth. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The U.S. (X tons), Colombia (X tons) and Trinidad and Tobago (X tons) were the main destinations of unwrought lead exports from Ecuador.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Trinidad and Tobago, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for unwrought lead exported from Ecuador were the U.S. ($X), Colombia ($X) and Trinidad and Tobago ($X), together comprising X% of total exports.

Trinidad and Tobago recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average unwrought lead export price stood at $X per ton in 2020, reducing by -X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by X% year-to-year. The export price peaked at $X per ton in 2008; however, from 2009 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Trinidad and Tobago ($X per ton), while the average price for exports to Colombia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Trinidad and Tobago, while the prices for the other major destinations experienced a decline.

Unwrought Lead Imports

Imports into Ecuador

After three years of decline, purchases abroad of unwrought lead increased by X% to X tons in 2020. Over the period under review, imports posted a noticeable expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Imports peaked at X tons in 2010; however, from 2011 to 2020, imports remained at a lower figure.

In value terms, unwrought lead imports surged to $X in 2020. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. As a result, imports reached the peak of $X. From 2011 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, Argentina (X tons) constituted the largest unwrought lead supplier to Ecuador, with a X% share of total imports. Moreover, unwrought lead imports from Argentina exceeded the figures recorded by the second-largest supplier, Peru (X tons), fivefold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Argentina totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (+X% per year) and the U.S. (+X% per year).

In value terms, Argentina ($X) constituted the largest supplier of unwrought lead to Ecuador, comprising X% of total imports. The second position in the ranking was occupied by Peru ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Argentina stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (-X% per year) and the U.S. (+X% per year).

Import Prices by Country

In 2020, the average unwrought lead import price amounted to $X per ton, declining by -X% against the previous year. Overall, the import price recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2016 an increase of X% year-to-year. The import price peaked at $X per ton in 2007; however, from 2008 to 2020, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was Peru ($X per ton), while the price for the U.S. ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Argentina, while the prices for the other major suppliers experienced a decline.

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