Phenols; Phenol-Alcohols Price in Ecuador - 2022
Contents:
- Phenols; Phenol-Alcohols Price in Ecuador (CIF) - 2022
- Phenols; Phenol-Alcohols Price in Ecuador (FOB) - 2022
- Phenols; Phenol-Alcohols Imports in Ecuador
- Phenols; Phenol-Alcohols Exports in Ecuador
Phenols; Phenol-Alcohols Price in Ecuador (CIF) - 2022
In 2022, the average phenols; phenol-alcohols import price amounted to $4,500 per ton, surging by 13% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phenols; phenol-alcohols import price decreased by -19.1% against 2018 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 50%. Over the period under review, average import prices reached the peak figure at $5,566 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($19,607 per ton), while the price for Brazil ($1,401 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Phenols; Phenol-Alcohols Price in Ecuador (FOB) - 2022
The average phenols; phenol-alcohols export price stood at $19,629 per ton in 2022, waning by -19.5% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 35% against the previous year. As a result, the export price attained the peak level of $25,648 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($27,315 per ton), while the average price for exports to Colombia stood at $1,823 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-7.9%).
Phenols; Phenol-Alcohols Imports in Ecuador
In 2022, after three years of growth, there was significant decline in supplies from abroad of phenols; phenol-alcoholses, when their volume decreased by -9.9% to 364 tons. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.6% 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 +46.7% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 30%.
In value terms, phenols; phenol-alcohols imports reached $1.6M in 2022. The total import value increased at an average annual rate of +11.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 40%. As a result, imports attained the peak of $1.7M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Phenols; Phenol-Alcohols in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 425 | 523 | 469 | 505 | 5.9% |
| China | 111 | 261 | 208 | 226 | 26.7% |
| Russia | 37.2 | 69.0 | 105 | 98.5 | 38.3% |
| Brazil | 42.6 | 59.4 | 49.8 | 98.0 | 32.0% |
| United States | 67.1 | 47.1 | 106 | 87.5 | 9.3% |
| Netherlands | 47.1 | 77.9 | 78.0 | 73.0 | 15.7% |
| Germany | 42.3 | 24.5 | 61.6 | 56.6 | 10.2% |
| Belgium | 10.9 | 33.2 | 56.3 | 52.7 | 69.1% |
| Mexico | 34.6 | 48.0 | 43.9 | 41.1 | 5.9% |
| Spain | 87.9 | 66.5 | 0.8 | 0.7 | -80.0% |
| Others | 290 | 466 | 426 | 401 | 11.4% |
| Total | 1,195 | 1,676 | 1,605 | 1,640 | 11.1% |
Top Suppliers of Phenols; Phenol-Alcohols to Ecuador in 2022:
- Brazil (70.0 tons)
- China (63.8 tons)
- Panama (58.2 tons)
- United States (31.9 tons)
- Russia (29.1 tons)
- Belgium (24.1 tons)
- Netherlands (14.4 tons)
- Germany (10.2 tons)
- Mexico (7.6 tons)
- Spain (0.2 tons)
Phenols; Phenol-Alcohols Exports in Ecuador
In 2022, exports of phenols; phenol-alcoholses from Ecuador soared to 10 tons, growing by 2,048% on the previous year. Over the period under review, exports, however, recorded a abrupt contraction.
In value terms, phenols; phenol-alcohols exports surged to $201K in 2022. In general, exports, however, showed a deep downturn.
| Export of Phenols; Phenol-Alcohols in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 305 | 369 | 11.3 | 195 | -13.9% |
| Colombia | 9.4 | 18.9 | 0.3 | 5.6 | -15.9% |
| United Kingdom | N/A | 1.9 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 315 | 390 | 11.6 | 201 | -13.9% |
Top Export Markets for Phenols; Phenol-Alcohols from Ecuador in 2022:
- United States (7.1 tons)
- Colombia (3.1 tons)
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