Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Ecuador - 2022
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Ecuador (CIF) - 2022
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Ecuador (FOB) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Ecuador
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Ecuador
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Ecuador (CIF) - 2022
In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $4,606 per ton, with a decrease of -4.9% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 45%. Over the period under review, average import prices reached the peak figure at $5,520 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 ($5,966 per ton), while the price for Bahrain ($3,204 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Venezuela (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Ecuador (FOB) - 2022
The average export price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $6,526 per ton in 2022, falling by -43.1% against the previous year. Over the period under review, the export price recorded a noticeable slump. The growth pace was the most rapid in 2020 when the average export price increased by 98% against the previous year. Over the period under review, the average export prices attained the peak figure at $13,680 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -6.5% per year.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Ecuador
For the fourth year in a row, Ecuador recorded growth in purchases abroad of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses, which increased by 53% to 1.2K tons in 2022. In general, imports posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 235%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses skyrocketed to $5.4M in 2022. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 223% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 174 | 1,197 | 2,123 | 2,687 | 149.0% |
| Spain | 28.0 | 184 | 350 | 1,065 | 236.3% |
| Venezuela | 127 | 99.3 | 352 | 825 | 86.6% |
| India | 195 | 341 | 161 | 471 | 34.2% |
| Bahrain | 21.8 | 157 | 371 | 197 | 108.3% |
| Russia | 67.7 | N/A | 309 | N/A | 113.6% |
| Others | 21.1 | 71.3 | 63.6 | 165 | 98.5% |
| Total | 635 | 2,049 | 3,729 | 5,410 | 104.2% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less to Ecuador in 2022:
- China (450.3 tons)
- Spain (315.2 tons)
- Venezuela (217.6 tons)
- India (112.3 tons)
- Bahrain (61.4 tons)
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Ecuador
In 2022, the amount of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses exported from Ecuador soared to 34 tons, with an increase of 5,335% against 2021 figures. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses skyrocketed to $223K in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.2 | 4.2 | 7.0 | 223 | 470.7% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 1.2 | 4.2 | 7.2 | 223 | 470.7% |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less from Ecuador in 2022:
- China (34.2 tons)
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