Ecuador - Chromium Ores and Concentrates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Chromium Ore and Concentrate in Ecuador - 2021
Contents:
- Price for Chromium Ore and Concentrate in Ecuador (CIF) - 2022
- Price for Chromium Ore and Concentrate in Ecuador (FOB) - 2022
- Imports of Chromium Ore and Concentrate in Ecuador
- Exports of Chromium Ore and Concentrate in Ecuador
Price for Chromium Ore and Concentrate in Ecuador (CIF) - 2022
The average chromium ore and concentrate import price stood at $592 per ton in 2022, reducing by -3.1% against the previous year. In general, the import price saw a perceptible descent. The pace of growth appeared the most rapid in 2015 when the average import price increased by 20%. As a result, import price attained the peak level of $856 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($1,296 per ton), while the price for South Africa ($281 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+45.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chromium Ore and Concentrate in Ecuador (FOB) - 2022
In 2022, the average chromium ore and concentrate export price amounted to $142 per ton, surging by 8.9% against the previous year. Over the period under review, the export price, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 92%. The export price peaked at $830 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($465 per ton), while the average price for exports to Peru stood at $77 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (-1.3%).
Imports of Chromium Ore and Concentrate in Ecuador
In 2022, chromium ore and concentrate imports into Ecuador declined notably to 148 tons, falling by -25.4% against 2021. In general, imports saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 103% against the previous year. As a result, imports attained the peak of 199 tons, and then contracted remarkably in the following year.
In value terms, chromium ore and concentrate imports plummeted to $88K in 2022. Overall, imports showed a noticeable decrease. The growth pace was the most rapid in 2021 with an increase of 125%. As a result, imports reached the peak of $121K, and then reduced dramatically in the following year.
Import of Chromium Ore and Concentrate in Ecuador (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 25.8 | 20.3 | 31.8 | 32.7 | 8.2% |
South Africa | 33.3 | 9.1 | 54.8 | 27.0 | -6.8% |
Peru | 3.6 | 4.5 | 20.6 | 18.1 | 71.3% |
Brazil | 11.6 | 8.4 | 8.3 | 4.7 | -26.0% |
Colombia | 1.3 | 2.4 | 5.2 | 4.6 | 52.4% |
Bolivia | 22.8 | 8.8 | N/A | N/A | -61.4% |
Others | 0.9 | 0.5 | 0.6 | 0.5 | -17.8% |
Total | 99.4 | 54.0 | 121 | 87.7 | -4.1% |
Top Suppliers of Chromium Ore and Concentrate to Ecuador in 2022:
- South Africa (96.1 tons)
- Netherlands (25.3 tons)
- Peru (20.4 tons)
- Colombia (4.8 tons)
- Brazil (1.0 tons)
Exports of Chromium Ore and Concentrate in Ecuador
In 2022, overseas shipments of chromium ores and concentrates decreased by -8.3% to 102 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 20% against the previous year.
In value terms, chromium ore and concentrate exports declined modestly to $14K in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 0.3% against the previous year.
Export of Chromium Ore and Concentrate in Ecuador (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Colombia | 7.3 | 7.5 | 7.7 | 7.9 | 2.7% |
Peru | 7.2 | 7.0 | 6.8 | 6.6 | -2.9% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 14.4 | 14.5 | 14.5 | 14.5 | 0.2% |
Top Export Markets for Chromium Ore and Concentrate from Ecuador in 2022:
- Peru (85.2 tons)
- Colombia (17.0 tons)
This report provides an in-depth analysis of the market for chromium ore and concentrate in Ecuador. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
- Ecuador
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ecuador
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the world's top import markets for chromium ore and concentrate in 2023. Learn about the countries driving demand and shaping the industry's growth.
In 2022, chromium prices are forecast to surge onrising energy costs, while global metal production has not fully recovered from the Covid-crisis.
In 2020, global exports of chromium ores and concentrates reduced sharply by -10.2% y-o-y to 16M tons. China, the major importer of chromium ores and concentrates, comprises over 70% of the total global imports. In Q1 2021, shipments to the country stood at a level slightly lower than in the same period of 2020. South Africa remains the largest exporter worldwide, accounting for 79% of the total global exports.
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In 2016, the amount of chrome ore imported worldwide amounted to X tons, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over t...
In 2016, the amount of chrome ore imported worldwide amounted to X tons, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over t...
The global trade in chromium amounted to X million USD in 2015, fluctuating strongly over the period under review. After a X% drop in 2009, exports more than doubled in 2010. The growth trend reversed in 2012, and after a small increase in 2014, exp
Despite a X% drop in exports in 2014 compared to the previous year, South Africa continued its dominance in the global chromium ores and concentrates trade. In 2014, South Africa exported X million tons of chromium ores and concentrates totaling X