Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Ecuador - 2022
Contents:
- Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Ecuador (CIF) - 2022
- Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Ecuador (FOB) - 2022
- Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Ecuador
- Exports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Ecuador
Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Ecuador (CIF) - 2022
In 2022, the average import price for pitch; obtained from coal tar or from other mineral tarses amounted to $2,439 per ton, rising by 7.1% against the previous year. Over the period under review, the import price posted strong growth. The most prominent rate of growth was recorded in 2018 an increase of 90% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($11,304 per ton), while the price for the United States stood at $2,156 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+126.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pitch; Obtained from Coal Tar or from Other Mineral Tars in Ecuador (FOB) - 2022
The average export price for pitch; obtained from coal tar or from other mineral tarses stood at $1,145 per ton in 2022, with a decrease of -8.1% against the previous year. Over the period under review, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2017 an increase of 3.6% against the previous year. The export price peaked at $2,834 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Panama.
From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to -8.4% per year.
Imports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Ecuador
For the third year in a row, Ecuador recorded decline in supplies from abroad of pitch; obtained from coal tar or from other mineral tarses, which decreased by -15.1% to 15 tons in 2022. Over the period under review, imports recorded a deep contraction. The smallest decline of -15.1% was in 2020.
In value terms, imports of pitch; obtained from coal tar or from other mineral tarses contracted to $37K in 2022. In general, imports showed a abrupt setback. The smallest decline of -9% was in 2020.
| Import of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 23.0 | 35.7 | 34.0 | 32.0 | 11.6% |
| Chile | 7.2 | 9.0 | 7.0 | 5.4 | -9.1% |
| China | 19.4 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.4 | N/A | N/A | 0% |
| Total | 49.6 | 45.1 | 41.1 | 37.4 | -9.0% |
Top Suppliers of Pitch; Obtained from Coal Tar or from Other Mineral Tars to Ecuador in 2022:
- United States (14.8 tons)
- Chile (0.5 tons)
Exports of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Ecuador
For the fourth year in a row, Ecuador recorded growth in shipments abroad of pitch; obtained from coal tar or from other mineral tarses, which increased by 16% to 5.8 tons in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of pitch; obtained from coal tar or from other mineral tarses stood at $6.7K in 2022. The total export value increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 6.3%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Pitch; Obtained from Coal Tar or from Other Mineral Tars in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 5.5 | 5.9 | 6.3 | 6.7 | 6.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.5 | 5.9 | 6.3 | 6.7 | 6.8% |
Top Export Markets for Pitch; Obtained from Coal Tar or from Other Mineral Tars from Ecuador in 2022:
- Panama (5.8 tons)
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