Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Ecuador - 2022
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Ecuador (CIF) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Ecuador
Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Ecuador (CIF) - 2022
The average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses stood at $2,531 per ton in 2022, increasing by 22% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses increased by +64.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 36%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($5,058 per ton), while the price for China ($2,067 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Ecuador
Imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses into Ecuador fell notably to 267 tons in 2022, which is down by -30.8% on the previous year. In general, imports recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 30% against the previous year. As a result, imports attained the peak of 386 tons, and then reduced markedly in the following year.
In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses declined rapidly to $676K in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 76%. As a result, imports reached the peak of $804K, and then shrank rapidly in the following year.
| Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 41.8 | 99.1 | 475 | 377 | 108.2% |
| Taiwan (Chinese) | 163 | 199 | 148 | 188 | 4.9% |
| Colombia | 116 | 122 | 81.8 | 45.0 | -27.1% |
| China | 150 | 11.6 | 75.8 | 34.2 | -38.9% |
| Belgium | 22.8 | 22.0 | 21.7 | 21.2 | -2.4% |
| Others | 3.2 | 2.9 | 2.1 | 11.1 | 51.4% |
| Total | 497 | 456 | 804 | 676 | 10.8% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids to Ecuador in 2022:
- South Korea (150.4 tons)
- Taiwan (Chinese) (81.7 tons)
- China (16.6 tons)
- Colombia (11.5 tons)
- Belgium (4.2 tons)
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