Price for Aluminium; Alloys, Hollow Profiles in Ecuador - 2022
Contents:
- Price for Aluminium; Alloys, Hollow Profiles in Ecuador (FOB) - 2022
- Price for Aluminium; Alloys, Hollow Profiles in Ecuador (CIF) - 2022
- Exports of Aluminium; Alloys, Hollow Profiles in Ecuador
- Imports of Aluminium; Alloys, Hollow Profiles in Ecuador
Price for Aluminium; Alloys, Hollow Profiles in Ecuador (FOB) - 2022
The average aluminium; alloys, hollow profiles export price stood at $3,371 per ton in 2022, dropping by -8.3% against the previous year. Overall, the export price showed a mild contraction. The most prominent rate of growth was recorded in 2021 an increase of 23% against the previous year. The export price peaked at $3,976 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($3,568 per ton), while the average price for exports to the United States stood at $3,359 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (-0.3%).
Price for Aluminium; Alloys, Hollow Profiles in Ecuador (CIF) - 2022
The average aluminium; alloys, hollow profiles import price stood at $4,349 per ton in 2022, shrinking by -9.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2021 an increase of 24% against the previous year. As a result, import price reached the peak level of $4,823 per ton, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($7,515 per ton), while the price for China ($3,832 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aluminium; Alloys, Hollow Profiles in Ecuador
In 2022, after three years of growth, there was significant decline in shipments abroad of aluminium; alloys, hollow profileses, when their volume decreased by -10% to 6.1K tons. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +14.8% 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 +51.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 35%.
In value terms, aluminium; alloys, hollow profiles exports contracted markedly to $20M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.0% 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 +64.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 53%. As a result, the exports attained the peak of $25M, and then declined dramatically in the following year.
| Export of Aluminium; Alloys, Hollow Profiles in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.9 | 15.6 | 23.9 | 19.7 | 18.3% |
| Others | 0.6 | 0.5 | 0.9 | 0.7 | 5.3% |
| Total | 12.4 | 16.1 | 24.7 | 20.4 | 18.1% |
Top Export Markets for Aluminium; Alloys, Hollow Profiles from Ecuador in 2022:
- United States (5.9K tons)
Imports of Aluminium; Alloys, Hollow Profiles in Ecuador
Aluminium; alloys, hollow profiles imports into Ecuador stood at 602 tons in 2022, increasing by 3.6% compared with the previous year's figure. The total import volume increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 25%. As a result, imports reached the peak of 623 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, aluminium; alloys, hollow profiles imports fell to $2.6M in 2022. The total import value increased at an average annual rate of +10.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 25%.
| Import of Aluminium; Alloys, Hollow Profiles in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 424 | 402 | 349 | 1,219 | 42.2% |
| Colombia | 1,122 | 930 | 1,767 | 1,068 | -1.6% |
| Spain | 61.6 | 91.8 | 161 | 96.7 | 16.2% |
| Mexico | 43.0 | 33.9 | 55.8 | 39.0 | -3.2% |
| Honduras | N/A | 847 | N/A | N/A | 0% |
| Others | 290 | 126 | 470 | 194 | -12.5% |
| Total | 1,941 | 2,431 | 2,802 | 2,616 | 10.5% |
Top Suppliers of Aluminium; Alloys, Hollow Profiles to Ecuador in 2022:
- China (318.1 tons)
- Colombia (231.1 tons)
- Spain (12.9 tons)
- Mexico (9.5 tons)
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