Price for Ethylene Polymers; Waste, Parings and Scrap in Ecuador - 2022

Contents:

  1. Price for Ethylene Polymers; Waste, Parings and Scrap in Ecuador (CIF) - 2022
  2. Price for Ethylene Polymers; Waste, Parings and Scrap in Ecuador (FOB) - 2022
  3. Imports of Ethylene Polymers; Waste, Parings and Scrap in Ecuador
  4. Exports of Ethylene Polymers; Waste, Parings and Scrap in Ecuador

Price for Ethylene Polymers; Waste, Parings and Scrap in Ecuador (CIF) - 2022

In 2022, the average import price for ethylene polymers; waste, parings and scraps amounted to $482 per ton, increasing by 17% against the previous year. In general, the import price, however, saw a abrupt slump. Over the period under review, average import prices reached the peak figure at $881 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Dominican Republic ($841 per ton), while the price for Australia ($400 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-1.7%), while the prices for the other major suppliers experienced a decline.

Price for Ethylene Polymers; Waste, Parings and Scrap in Ecuador (FOB) - 2022

The average export price for ethylene polymers; waste, parings and scraps stood at $822 per ton in 2022, surging by 41% against the previous year. Over the period under review, the export price recorded a resilient expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 56% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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 Paraguay amounted to +14.8% per year.

Imports of Ethylene Polymers; Waste, Parings and Scrap in Ecuador

In 2022, after three years of growth, there was significant decline in supplies from abroad of ethylene polymers; waste, parings and scraps, when their volume decreased by -44.7% to 4K tons. In general, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 1.9%. As a result, imports attained the peak of 7.2K tons, and then fell rapidly in the following year.

In value terms, imports of ethylene polymers; waste, parings and scraps declined notably to $1.9M in 2022. Overall, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 5.1% against the previous year. As a result, imports attained the peak of $3.7M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Ethylene Polymers; Waste, Parings and Scrap in Ecuador (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.02.71.81.3-24.3%
Dominican Republic0.20.70.60.535.7%
Others0.30.20.60.1-30.7%
Total3.53.73.01.9-18.4%

Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Ecuador in 2022:

  1. United States (3.2K tons)
  2. Dominican Republic (0.6K tons)

Exports of Ethylene Polymers; Waste, Parings and Scrap in Ecuador

After three years of growth, shipments abroad of ethylene polymers; waste, parings and scraps decreased by -88.1% to 281 tons in 2022. Overall, exports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 166% against the previous year. As a result, the exports reached the peak of 2.4K tons, and then shrank significantly in the following year.

In value terms, exports of ethylene polymers; waste, parings and scraps dropped notably to $231K in 2022. Over the period under review, exports, however, saw modest growth. The most prominent rate of growth was recorded in 2021 with an increase of 150%. As a result, the exports attained the peak of $1.4M, and then dropped notably in the following year.

Export of Ethylene Polymers; Waste, Parings and Scrap in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru10.259.5141230182.5%
Paraguay26.633.175.9N/A68.9%
China72.0178415N/A140.1%
LatviaN/AN/A107N/A0%
United States58.3113207N/A88.4%
Canada18.696.9297N/A299.6%
Others37.067.51280.8-72.1%
Total2235481,3702311.2%

Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Ecuador in 2022:

  1. Peru (280.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Ethylene polymers; waste, parings and scrap - Ecuador