Price for Braids; in the Piece in Ecuador - 2021

Contents:

  1. Price for Braids; in the Piece in Ecuador (CIF) - 2022
  2. Price for Braids; in the Piece in Ecuador (FOB) - 2022
  3. Imports of Braids; in the Piece in Ecuador
  4. Exports of Braids; in the Piece in Ecuador

Price for Braids; in the Piece in Ecuador (CIF) - 2022

The average braids; in the piece import price stood at $5,968 per ton in 2022, dropping by -32.3% against the previous year. In general, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 56%. As a result, import price attained the peak level of $8,811 per ton, and then fell markedly in the following year.

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 Colombia ($9,499 per ton), while the price for China ($3,062 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Braids; in the Piece in Ecuador (FOB) - 2022

In 2022, the average braids; in the piece export price amounted to $29,042 per ton, with an increase of 15% against the previous year. Overall, the export price enjoyed mild growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 56% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($37,528 per ton), while the average price for exports to Moldova stood at $13,971 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.6%), while the prices for the other major destinations experienced a decline.

Imports of Braids; in the Piece in Ecuador

In 2022, approx. 9.8 tons of braids; in the pieces were imported into Ecuador; with an increase of 2.1% compared with the previous year's figure. In general, imports, however, saw a sharp reduction. The growth pace was the most rapid in 2021 with an increase of 68% against the previous year.

In value terms, braids; in the piece imports contracted rapidly to $59K in 2022. Overall, imports, however, saw a dramatic contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 161%.

Import of Braids; in the Piece in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia8.78.432.322.938.1%
Taiwan (Chinese)17613.127.019.0-52.4%
China85.810.624.716.3-42.5%
Others3.40.40.90.5-47.2%
Total27432.584.858.7-40.2%

Top Suppliers of Braids; in the Piece to Ecuador in 2022:

  1. China (5.3 tons)
  2. Colombia (2.4 tons)
  3. Taiwan (Chinese) (2.1 tons)

Exports of Braids; in the Piece in Ecuador

In 2022, shipments abroad of braids; in the pieces decreased by -27.3% to 48 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 61%. As a result, the exports attained the peak of 66 kg, and then contracted dramatically in the following year.

In value terms, braids; in the piece exports contracted dramatically to $1.4K in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 100% against the previous year.

Export of Braids; in the Piece in Ecuador (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3294261,2431,15251.9%
Moldova2353394192421.0%
SingaporeN/A361N/AN/A0%
OthersN/AN/AN/AN/A0%
Total5641,1261,6621,39435.2%

Top Export Markets for Braids; in the Piece from Ecuador in 2022:

  1. United States (31.0 kg)
  2. Moldova (17.0 kg)

Source: IndexBox Market Intelligence Platform

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