Price for Aluminium; Tubes and Pipes in Ecuador - 2022
Contents:
- Price for Aluminium; Tubes and Pipes in Ecuador (FOB) - 2022
- Price for Aluminium; Tubes and Pipes in Ecuador (CIF) - 2022
- Exports of Aluminium; Tubes and Pipes in Ecuador
- Imports of Aluminium; Tubes and Pipes in Ecuador
Price for Aluminium; Tubes and Pipes in Ecuador (FOB) - 2022
In January 2022, the average aluminium; tubes and pipes export price amounted to $4,396 per ton, flattening at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in April 2021 when the average export price increased by 6.5% against the previous month. Over the period under review, the average export prices reached the maximum at $4,399 per ton in December 2021, and then fell modestly in the following month.
Average prices varied noticeably for the major overseas markets. In January 2022, the country with the highest price was Colombia ($4,703 per ton), while the average price for exports to the United States amounted to $3,898 per ton.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.7%).
Price for Aluminium; Tubes and Pipes in Ecuador (CIF) - 2022
In 2022, the average aluminium; tubes and pipes import price amounted to $4,115 per ton, remaining stable against the previous year. Overall, the import price showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2017 when the average import price increased by 11%. The import price peaked at $5,206 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($4,618 per ton) and Colombia ($4,367 per ton), while the price for China ($3,379 per ton) and Spain ($3,650 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+0.3%), while the prices for the other major suppliers experienced a decline.
Exports of Aluminium; Tubes and Pipes in Ecuador
In 2022, aluminium; tubes and pipes exports from Ecuador fell dramatically to 1.5K tons, declining by -19% compared with the previous year. In general, total exports indicated a pronounced increase from 2019 to 2022: its volume increased at an average annual rate of +3.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +30.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 61%. As a result, the exports attained the peak of 1.8K tons, and then contracted notably in the following year.
In value terms, aluminium; tubes and pipes exports shrank markedly to $5.7M in 2022. Over the period under review, total exports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +3.3% 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 +43.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 86% against the previous year. As a result, the exports reached the peak of $7.4M, and then shrank significantly in the following year.
| Export of Aluminium; Tubes and Pipes in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 4.7 | 3.4 | 5.4 | 4.2 | -3.7% |
| United States | 0.1 | 0.4 | 1.9 | 1.4 | 141.0% |
| Others | 0.3 | 0.2 | 0.1 | 0.1 | -30.7% |
| Total | 5.2 | 4.0 | 7.4 | 5.7 | 3.1% |
Top Export Markets for Aluminium; Tubes and Pipes from Ecuador in 2022:
- Colombia (1050.5 tons)
- United States (413.2 tons)
Imports of Aluminium; Tubes and Pipes in Ecuador
In 2022, imports of aluminium; tubes and pipeses into Ecuador dropped remarkably to 853 tons, which is down by -22.6% compared with the previous year's figure. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +7.9% 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 +42.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 84% against the previous year. As a result, imports attained the peak of 1.1K tons, and then fell markedly in the following year.
In value terms, aluminium; tubes and pipes imports dropped markedly to $3.5M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.2% 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 +41.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 84% against the previous year. As a result, imports attained the peak of $4.5M, and then shrank markedly in the following year.
| Import of Aluminium; Tubes and Pipes in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 1,068 | 948 | 1,568 | 1,212 | 4.3% |
| China | 780 | 500 | 1,280 | 989 | 8.2% |
| Brazil | 524 | 337 | 822 | 636 | 6.7% |
| Turkey | 132 | 159 | 339 | 262 | 25.7% |
| Spain | 149 | 290 | 253 | 195 | 9.4% |
| Others | 122 | 243 | 285 | 218 | 21.3% |
| Total | 2,775 | 2,476 | 4,546 | 3,511 | 8.2% |
Top Suppliers of Aluminium; Tubes and Pipes to Ecuador in 2022:
- China (292.8 tons)
- Colombia (277.4 tons)
- Brazil (152.2 tons)
- Turkey (56.7 tons)
- Spain (53.5 tons)
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