Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Ecuador - 2022
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Ecuador (CIF) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Ecuador
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Ecuador (CIF) - 2022
The average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms stood at $3,645 per ton in 2022, growing by 32% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($5,223 per ton), while the price for Oman ($2,268 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Ecuador
In 2022, purchases abroad of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms decreased by -22.2% to 972 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 32%. As a result, imports reached the peak of 2.3K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $3.5M in 2022. In general, imports showed a perceptible downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 32%. As a result, imports attained the peak of $5.4M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | 3,057 | 1,002 | 60.0 | 1,425 | -22.5% |
| Brazil | 72.9 | 50.6 | 58.5 | 854 | 127.1% |
| Russia | 762 | 368 | 151 | 730 | -1.4% |
| Venezuela | N/A | N/A | N/A | 325 | 0% |
| China | 163 | 116 | 60.3 | 130 | -7.3% |
| India | N/A | 604 | 643 | 74.6 | -64.9% |
| Oman | N/A | 2,563 | 2,461 | 5.2 | -95.5% |
| United States | N/A | 499 | N/A | 0.1 | -98.6% |
| Others | 53.8 | 216 | 6.9 | N/A | -64.2% |
| Total | 4,109 | 5,420 | 3,440 | 3,543 | -4.8% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Ecuador in 2022:
- Bahrain (387.8 tons)
- Brazil (215.8 tons)
- Russia (211.3 tons)
- Venezuela (105.1 tons)
- India (25.0 tons)
- China (24.8 tons)
- Oman (2.3 tons)
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