Price for Containers for Compressed or Liquefied Gas, of Aluminium in Ecuador - 2022

Contents:

  1. Price for Containers for Compressed or Liquefied Gas, of Aluminium in Ecuador (CIF) - 2022
  2. Price for Containers for Compressed or Liquefied Gas, of Aluminium in Ecuador (FOB) - 2022
  3. Imports of Containers for Compressed or Liquefied Gas, of Aluminium in Ecuador
  4. Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Ecuador

Price for Containers for Compressed or Liquefied Gas, of Aluminium in Ecuador (CIF) - 2022

In 2022, the average import price for containers for compressed or liquefied gas, of aluminium amounted to $16 per unit, surging by 21% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 24%. The import price peaked at $19 per unit 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 Brazil ($28 per unit), while the price for Spain ($6.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Containers for Compressed or Liquefied Gas, of Aluminium in Ecuador (FOB) - 2022

The average export price for containers for compressed or liquefied gas, of aluminium stood at $60 per unit in 2022, picking up by 44% against the previous year. Over the period under review, the export price posted tangible growth. The growth pace was the most rapid in 2021 when the average export price increased by 106% against the previous year. The export price peaked at $71 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($588 per unit), while the average price for exports to Panama ($12 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Containers for Compressed or Liquefied Gas, of Aluminium in Ecuador

In 2022, approx. 20K units of containers for compressed or liquefied gas, of aluminium were imported into Ecuador; with a decrease of -47.9% against the year before. Over the period under review, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 61%. As a result, imports attained the peak of 39K units, and then contracted rapidly in the following year.

In value terms, imports of containers for compressed or liquefied gas, of aluminium dropped remarkably to $319K in 2022. In general, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. As a result, imports attained the peak of $507K, and then dropped sharply in the following year.

Import of Containers for Compressed or Liquefied Gas, of Aluminium in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States341320222209-15.1%
China20.330.324461.144.4%
Brazil1.10.90.89.0101.5%
Colombia17.28.14.78.9-19.7%
Others38.044.535.831.4-6.2%
Total418404507319-8.6%

Top Suppliers of Containers for Compressed or Liquefied Gas, of Aluminium to Ecuador in 2022:

  1. United States (10.4K units)
  2. China (7.8K units)
  3. Colombia (0.5K units)
  4. Brazil (0.3K units)

Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Ecuador

In 2022, the amount of containers for compressed or liquefied gas, of aluminium exported from Ecuador fell notably to 669 units, with a decrease of -26.6% compared with the previous year's figure. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 6,407%. As a result, the exports attained the peak of 911 units, and then declined remarkably in the following year.

In value terms, exports of containers for compressed or liquefied gas, of aluminium expanded notably to $40K in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 13,304% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.

Export of Containers for Compressed or Liquefied Gas, of Aluminium in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.50.221.124.0263.4%
BrazilN/AN/A11.68.8-24.1%
Panama0.20.14.65.2196.2%
ColombiaN/AN/A0.92.3155.6%
OthersN/AN/AN/AN/A0%
Total0.80.338.240.3269.3%

Top Export Markets for Containers for Compressed or Liquefied Gas, of Aluminium from Ecuador in 2022:

  1. Panama (442.0 units)
  2. United States (170.0 units)
  3. Colombia (42.0 units)
  4. Brazil (15.0 units)

Source: IndexBox Market Intelligence Platform

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