Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Ecuador - 2022
Contents:
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Ecuador (CIF) - 2022
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Ecuador (FOB) - 2022
- Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Ecuador
- Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Ecuador
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Ecuador (CIF) - 2022
The average import price for colouring matter; ultramarine and preparations based therea stood at $5,773 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 17% against the previous year. The import price peaked at $5,870 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 Belgium ($38,724 per ton), while the price for Canada ($804 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Ecuador (FOB) - 2022
In 2022, the average export price for colouring matter; ultramarine and preparations based therea amounted to $9,379 per ton, picking up by 5.1% against the previous year. Overall, the export price enjoyed a strong increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 79% against the previous year. As a result, the export price reached the peak level of $10,027 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Peru.
From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to +9.3% per year.
Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Ecuador
In 2022, approx. 60 tons of colouring matter; ultramarine and preparations based therea were imported into Ecuador; increasing by 14% compared with 2021 figures. The total import volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of colouring matter; ultramarine and preparations based therea skyrocketed to $345K in 2022. The total import value increased at an average annual rate of +6.7% 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 2021 when imports increased by 20% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 197 | 198 | 250 | 293 | 14.1% |
| United Kingdom | 8.0 | 8.5 | 8.6 | 8.9 | 3.6% |
| France | 26.9 | 8.4 | 7.8 | 7.4 | -35.0% |
| Canada | 2.1 | 2.0 | 1.9 | 1.8 | -5.0% |
| Others | 50.3 | 32.5 | 30.4 | 34.3 | -12.0% |
| Total | 285 | 250 | 299 | 345 | 6.6% |
Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Ecuador in 2022:
- Colombia (51.7 tons)
- United Kingdom (2.6 tons)
- Canada (2.2 tons)
- France (1.8 tons)
Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Ecuador
In 2022, overseas shipments of colouring matter; ultramarine and preparations based therea decreased by -6.3% to 449 kg, falling for the second year in a row after two years of growth. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -12.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 72%. As a result, the exports reached the peak of 512 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of colouring matter; ultramarine and preparations based therea fell modestly to $4.2K in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.8% 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 decreased by -2.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 56%. As a result, the exports reached the peak of $4.3K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 2.8 | 4.3 | 4.3 | 4.2 | 14.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.8 | 4.3 | 4.3 | 4.2 | 14.5% |
Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from Ecuador in 2022:
- Peru (449.0 kg)
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