Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ecuador - 2022

Contents:

1. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ecuador (CIF) - 2022
2. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ecuador (FOB) - 2022
3. Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ecuador
4. Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ecuador

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ecuador (CIF) - 2022

In 2022, the average import price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $5,875 per ton, increasing by 7.3% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for iron or steel cast fittings, other than of non-malleable cast ira decreased by -15.8% against 2019 indices. The most prominent rate of growth was recorded in 2015 an increase of 46%. Over the period under review, average import prices reached the maximum at $6,978 per ton in 2019; however, from 2020 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 United States ($19,073 per ton), while the price for Australia ($707 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ecuador (FOB) - 2022

In 2022, the average export price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $10,541 per ton, jumping by 30% against the previous year. Over the period under review, the export price, however, saw a mild downturn. The most prominent rate of growth was recorded in 2017 an increase of 129%. The export price peaked at $29,466 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat 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 Canada ($74,000 per ton), while the average price for exports to China ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ecuador

In 2022, imports of iron or steel cast fittings, other than of non-malleable cast ira into Ecuador surged to 394 tons, increasing by 21% against the previous year. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 34% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira soared to $2.3M in 2022. Overall, total imports indicated a temperate increase from 2019 to 2022: its value increased at an average annual rate of +4.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Ecuador in 2022:

1. China (207.0 tons)
2. United States (55.1 tons)
3. Brazil (49.7 tons)
4. Thailand (17.5 tons)
5. Taiwan (Chinese) (15.1 tons)
6. Australia (8.9 tons)
7. Colombia (7.4 tons)
8. Spain (7.4 tons)
9. Portugal (6.7 tons)

Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ecuador

In 2022, shipments abroad of iron or steel cast fittings, other than of non-malleable cast ira decreased by -45.6% to 37 kg, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a precipitous descent. The growth pace was the most rapid in 2020 when exports increased by 9.3%. As a result, the exports attained the peak of 293 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira dropped significantly to $390 in 2022. Over the period under review, exports recorded a precipitous decrease. The smallest decline of -18.5% was in 2020.

Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Ecuador in 2022:

1. Cameroon (25.0 kg)
2. Canada (1.0 kg)
3. Netherlands (1.0 kg)
4. Chile (1.0 kg)
5. Austria (1.0 kg)
6. United States (1.0 kg)
7. Slovenia (1.0 kg)
8. Sweden (1.0 kg)
9. China (1.0 kg)
10. Peru (1.0 kg)
11. Belgium (1.0 kg)
12. Colombia (1.0 kg)

Source: IndexBox Market Intelligence Platform