Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Ecuador - 2022

Contents:

  1. Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Ecuador (CIF) - 2022
  2. Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Ecuador (FOB) - 2022
  3. Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Ecuador
  4. Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Ecuador

Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Ecuador (CIF) - 2022

In 2022, the average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $2,934 per ton, increasing by 3.8% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 17%. The import price peaked at $3,199 per ton in 2012; however, from 2013 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 Mexico ($5,408 per ton), while the price for China ($2,741 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Ecuador (FOB) - 2022

The average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $3,275 per ton in 2022, declining by -2.5% against the previous year. Overall, the export price continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 55%. As a result, the export price reached the peak level of $9,466 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($7,377 per ton), while the average price for exports to Colombia ($3,045 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+71.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Ecuador

In 2022, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms into Ecuador expanded to 7.2K tons, with an increase of 4.7% against 2021 figures. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms expanded sharply to $21M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +6.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.3% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 55%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Ecuador (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.19.015.617.98.3%
Chile0.10.10.50.458.7%
Italy0.50.51.10.3-15.7%
Hong Kong SAR0.30.60.20.2-12.6%
Others2.82.52.22.5-3.7%
Total17.712.619.621.36.4%

Top Suppliers of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm to Ecuador in 2022:

  1. China (6.5K tons)
  2. Chile (0.1K tons)

Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Ecuador

For the fourth consecutive year, Ecuador recorded growth in overseas shipments of aluminium plates, sheets and strip of thickness exceeding 0.2 mms, which increased by 110% to 13 tons in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms skyrocketed to $43K in 2022. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ColombiaN/A7.016.337.4131.1%
PanamaN/A1.42.03.046.4%
PeruN/A1.81.61.5-8.7%
PolandN/A0.70.80.86.9%
Australia9.7N/AN/AN/A0%
Others0.53.80.40.4-7.2%
Total10.314.721.143.161.1%

Top Export Markets for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm from Ecuador in 2022:

  1. Colombia (12.3 tons)
  2. Panama (0.4 tons)
  3. Peru (0.2 tons)
  4. Poland (0.1 tons)

Source: IndexBox Market Intelligence Platform

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