Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Ecuador - 2022
Contents:
- Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Ecuador (CIF) - 2022
- Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Ecuador
Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Ecuador (CIF) - 2022
The average import price for fibres; synthetic filament tow, acrylic or modacrylics stood at $3,184 per ton in 2022, growing by 14% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2021 an increase of 34%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($3,353 per ton), while the price for Mexico ($1,883 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Ecuador
In 2022, imports of fibres; synthetic filament tow, acrylic or modacrylics into Ecuador surged to 5.2K tons, rising by 38% compared with 2021 figures. Over the period under review, imports enjoyed a strong increase. The growth pace was the most rapid in 2021 when imports increased by 89% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of fibres; synthetic filament tow, acrylic or modacrylics surged to $16M in 2022. Overall, imports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 152%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 3.6 | 1.3 | 4.6 | 9.6 | 38.7% |
| Germany | 3.8 | 1.3 | 3.1 | 3.4 | -3.6% |
| South Korea | 0.1 | 0.2 | 1.1 | 2.5 | 192.4% |
| Turkey | 2.6 | 0.9 | 1.3 | 0.4 | -46.4% |
| Belgium | 0.3 | 0.2 | 0.1 | 0.2 | -12.6% |
| Others | 0.2 | 0.3 | 0.4 | 0.2 | 0.0% |
| Total | 10.7 | 4.2 | 10.5 | 16.5 | 15.5% |
Top Suppliers of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic to Ecuador in 2022:
- Peru (2877.9 tons)
- Germany (1200.1 tons)
- South Korea (771.9 tons)
- Turkey (127.2 tons)
- Belgium (107.1 tons)
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