Price for Poly(Lactic Acid); in Primary Forms in Ecuador - 2021
Contents:
- Price for Poly(Lactic Acid); in Primary Forms in Ecuador (CIF) - 2022
- Imports of Poly(Lactic Acid); in Primary Forms in Ecuador
Price for Poly(Lactic Acid); in Primary Forms in Ecuador (CIF) - 2022
The average import price for poly(lactic acid); in primary formses stood at $10,580 per ton in 2022, with an increase of 19% against the previous year. Overall, the import price recorded a buoyant increase. The growth pace was the most rapid in 2019 when the average import price increased by 52%. Over the period under review, average import prices hit record highs 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 China ($19,625 per ton), while the price for Colombia ($6,240 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+31.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Poly(Lactic Acid); in Primary Forms in Ecuador
In 2022, overseas purchases of poly(lactic acid); in primary formses increased by 50% to 5.4 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a sharp reduction.
In value terms, poly(lactic acid); in primary forms imports surged to $57K in 2022. Over the period under review, imports, however, faced a sharp downturn.
| Import of Poly(Lactic Acid); in Primary Forms in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 21.4 | 11.4 | 6.5 | 25.3 | 5.7% |
| China | 96.2 | 43.9 | 12.3 | 17.1 | -43.8% |
| Colombia | 99.9 | 7.5 | 10.6 | 14.6 | -47.3% |
| Spain | N/A | 19.3 | 2.6 | N/A | -86.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 218 | 82.0 | 31.9 | 57.0 | -36.1% |
Top Suppliers of Poly(Lactic Acid); in Primary Forms to Ecuador in 2022:
- Colombia (2.3 tons)
- United States (2.2 tons)
- China (0.9 tons)
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