Ecuador - Carboxylic Acid With Alcohol, Phenol, Aldehyde Or Ketone Functions - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCarboxylic Acid Price in Ecuador - 2022
Contents:
- Carboxylic Acid Price in Ecuador (CIF) - 2022
- Carboxylic Acid Price in Ecuador (FOB) - 2022
- Carboxylic Acid Imports in Ecuador
- Carboxylic Acid Exports in Ecuador
Carboxylic Acid Price in Ecuador (CIF) - 2022
The average carboxylic acid import price stood at $3,771 per ton in 2022, picking up by 3.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2021 an increase of 20% against the previous year. Over the period under review, average import prices reached the peak figure at $3,783 per ton in 2013; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($9,618 per ton), while the price for Italy ($1,514 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Carboxylic Acid Price in Ecuador (FOB) - 2022
The average carboxylic acid export price stood at $4,611 per ton in 2022, increasing by 8.3% against the previous year. Over the period under review, the export price recorded a mild increase. The most prominent rate of growth was recorded in 2019 an increase of 46% against the previous year. As a result, the export price reached the peak level of $10,384 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Colombia.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +133.2% per year.
Carboxylic Acid Imports in Ecuador
In 2022, after three years of growth, there was significant decline in supplies from abroad of carboxylic acid with alcohol, phenol, aldehyde or ketone functions, when their volume decreased by -6% to 1.8K tons. The total import volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. As a result, imports attained the peak of 2K tons, and then shrank in the following year.
In value terms, carboxylic acid imports fell to $7M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 36%. As a result, imports attained the peak of $7.1M, and then declined in the following year.
Import of Carboxylic Acid in Ecuador (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,328 | 1,574 | 2,583 | 2,850 | 29.0% |
India | 857 | 1,035 | 894 | 1,056 | 7.2% |
Belgium | 306 | 401 | 498 | 550 | 21.6% |
United States | 441 | 325 | 479 | 524 | 5.9% |
Spain | 90.4 | 199 | 251 | 309 | 50.6% |
Peru | 265 | 207 | 216 | 293 | 3.4% |
Netherlands | 196 | 265 | 198 | 179 | -3.0% |
Italy | 70.9 | 44.8 | 67.6 | 81.7 | 4.8% |
Brazil | 80.8 | 94.9 | 69.1 | 69.8 | -4.8% |
Others | 1,190 | 1,094 | 1,891 | 1,046 | -4.2% |
Total | 4,825 | 5,240 | 7,148 | 6,959 | 13.0% |
Top Suppliers of Carboxylic Acid to Ecuador in 2022:
- China (1065.4 tons)
- Belgium (230.1 tons)
- India (140.8 tons)
- United States (102.9 tons)
- Italy (54.0 tons)
- Peru (45.4 tons)
- Spain (32.1 tons)
- Netherlands (31.4 tons)
- Brazil (30.4 tons)
Carboxylic Acid Exports in Ecuador
For the fourth consecutive year, Ecuador recorded growth in shipments abroad of carboxylic acid with alcohol, phenol, aldehyde or ketone functions, which increased by 4.9% to 20 tons in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 225%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, carboxylic acid exports amounted to $92K in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 118%. The exports peaked in 2022 and are likely to continue growth in the near future.
Export of Carboxylic Acid in Ecuador (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Colombia | 6.2 | 8.3 | 39.1 | 52.8 | 104.2% |
Peru | 9.5 | 1.8 | 1.5 | 2.0 | -40.5% |
Cameroon | N/A | 8.1 | N/A | N/A | 0% |
Chile | N/A | 13.5 | 13.5 | N/A | 0.0% |
Others | 14.5 | 33.9 | 27.0 | 37.3 | 37.0% |
Total | 30.2 | 65.6 | 81.0 | 92.0 | 45.0% |
Top Export Markets for Carboxylic Acid from Ecuador in 2022:
- Colombia (19.8 tons)
- Peru (0.1 tons)
This report provides an in-depth analysis of the carboxylic acid 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:
- Prodcom 20143475 - Carboxylic acid with alcohol, phenol, aldehyde or ketone functions
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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