Price for Metals; Silver, Unwrought, (But Not Powder) in Ecuador - 2022
Contents:
- Price for Metals; Silver, Unwrought, (But Not Powder) in Ecuador (FOB) - 2022
- Price for Metals; Silver, Unwrought, (But Not Powder) in Ecuador (CIF) - 2022
- Exports of Metals; Silver, Unwrought, (But Not Powder) in Ecuador
- Imports of Metals; Silver, Unwrought, (But Not Powder) in Ecuador
Price for Metals; Silver, Unwrought, (But Not Powder) in Ecuador (FOB) - 2022
In 2022, the average export price for metals; silver, unwrought, (but not powder) amounted to $759,665 per ton, with an increase of 2.6% against the previous year. Over the period under review, the export price enjoyed a resilient expansion. The pace of growth was the most pronounced in 2019 an increase of 46%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the near future.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($882,884 per ton), while the average price for exports to Canada stood at $660,927 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+59.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Metals; Silver, Unwrought, (But Not Powder) in Ecuador (CIF) - 2022
The average import price for metals; silver, unwrought, (but not powder) stood at $122,643 per ton in 2022, shrinking by -7.9% against the previous year. Overall, the import price continues to indicate a mild downturn. The pace of growth was the most pronounced in 2013 when the average import price increased by 76% against the previous year. As a result, import price attained the peak level of $247,114 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
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 Chile ($248,132 per ton), while the price for China ($22,678 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Metals; Silver, Unwrought, (But Not Powder) in Ecuador
In 2022, overseas shipments of metals; silver, unwrought, (but not powder) decreased by -73% to 272 kg, falling for the second consecutive year after two years of growth. Overall, exports recorded a precipitous decline. The most prominent rate of growth was recorded in 2020 when exports increased by 85% against the previous year. As a result, the exports attained the peak of 1.3 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of metals; silver, unwrought, (but not powder) declined rapidly to $207K in 2022. In general, exports recorded a significant contraction. The pace of growth was the most pronounced in 2020 with an increase of 89% against the previous year. As a result, the exports attained the peak of $923K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Metals; Silver, Unwrought, (But Not Powder) in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 278 | 731 | 409 | 107 | -27.3% |
| Canada | 209 | 166 | 157 | 99.8 | -21.8% |
| United Arab Emirates | N/A | 20.3 | 182 | N/A | 796.6% |
| Others | N/A | 5.1 | N/A | N/A | 0% |
| Total | 488 | 923 | 747 | 207 | -24.9% |
Top Export Markets for Metals; Silver, Unwrought, (But Not Powder) from Ecuador in 2022:
- Canada (151.0 kg)
- United States (121.0 kg)
Imports of Metals; Silver, Unwrought, (But Not Powder) in Ecuador
In 2022, the amount of metals; silver, unwrought, (but not powder) imported into Ecuador soared to 1.1 tons, picking up by 60% on 2021. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 72%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of metals; silver, unwrought, (but not powder) surged to $137K in 2022. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 97% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Metals; Silver, Unwrought, (But Not Powder) in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 27.2 | 71.7 | 52.7 | 100 | 54.3% |
| Chile | 8.6 | 9.9 | 15.5 | 13.2 | 15.4% |
| China | 2.8 | 6.5 | 6.5 | 5.3 | 23.7% |
| Others | 17.6 | 22.9 | 17.8 | 17.7 | 0.2% |
| Total | 56.2 | 111 | 92.6 | 137 | 34.6% |
Top Suppliers of Metals; Silver, Unwrought, (But Not Powder) to Ecuador in 2022:
- United States (816.0 kg)
- China (233.0 kg)
- Chile (53.0 kg)
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