Metals; Rhodium, Semi-Manufactured Price in Ecuador - 2022

Metals; Rhodium, Semi-Manufactured Price in Ecuador (CIF) - 2022

In 2022, the average metals; rhodium, semi-manufactured import price amounted to $208,400 per ton, growing by 28% against the previous year. Overall, the import price, however, showed a dramatic descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 577%. Over the period under review, average import prices reached the maximum at $3,051,000 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +349.0% per year.

Metals; Rhodium, Semi-Manufactured Imports in Ecuador

In 2022, after three years of growth, there was significant decline in purchases abroad of metals; rhodium, semi-manufactureds, when their volume decreased by -44.4% to 5 kg. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 350% against the previous year. As a result, imports attained the peak of 9 kg, and then contracted notably in the following year.

In value terms, metals; rhodium, semi-manufactured imports shrank dramatically to $1K in 2022. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 169%. As a result, imports attained the peak of $1.5K, and then contracted remarkably in the following year.