Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Ecuador - 2022

Contents:

1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Ecuador (CIF) - 2022
2. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Ecuador (FOB) - 2022
3. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Ecuador
4. Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Ecuador

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Ecuador (CIF) - 2022

The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses stood at $51,437 per ton in 2022, shrinking by -5.9% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 40% against the previous year. As a result, import price reached the peak level of $80,438 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($63,064 per ton), while the price for Spain ($3,752 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Ecuador (FOB) - 2022

In 2022, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $60,978 per ton, surging by 4.7% against the previous year. Over the period under review, the export price continues to indicate a temperate increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 77%. Over the period under review, the average export prices attained the maximum at $113,358 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($92,694 per ton), while the average price for exports to Peru stood at $35,973 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+5.9%).

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Ecuador

In 2022, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses into Ecuador was estimated at 249 tons, rising by 4.8% against the year before. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 5% against the previous year. As a result, imports reached the peak of 262 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses reduced to $13M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 2.8% against the previous year.

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols to Ecuador in 2022:

1. China (103.9 tons)
2. India (34.2 tons)
3. Netherlands (33.4 tons)
4. Japan (28.0 tons)
5. Belgium (4.9 tons)
6. Peru (3.7 tons)
7. Spain (3.7 tons)

Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Ecuador

In 2022, after three years of growth, there was significant decline in overseas shipments of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses, when their volume decreased by -21.3% to 7.1 tons. Overall, exports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2021 when exports increased by 62% against the previous year. As a result, the exports reached the peak of 9 tons, and then declined sharply in the following year.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses reduced markedly to $432K in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.7% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 54% against the previous year. As a result, the exports reached the peak of $525K, and then contracted notably in the following year.

Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols from Ecuador in 2022:

1. Peru (3.8 tons)
2. Honduras (3.2 tons)

Source: IndexBox Market Intelligence Platform