Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Ecuador - 2022
Contents:
- Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Ecuador (CIF) - 2022
- Imports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Ecuador
Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Ecuador (CIF) - 2022
The average import price for residues; of petroleum oils or of oils obtained from bituminous mineralses stood at $2,000 per ton in 2022, dropping by -4.3% against the previous year. In general, the import price showed a deep contraction. The growth pace was the most rapid in 2018 an increase of 56%. The import price peaked at $5,804 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -8.6% per year.
Imports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Ecuador
Imports of residues; of petroleum oils or of oils obtained from bituminous mineralses into Ecuador rose modestly to 57 tons in 2022, growing by 1.9% on 2021. Over the period under review, imports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. As a result, imports attained the peak of 111 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of residues; of petroleum oils or of oils obtained from bituminous mineralses shrank modestly to $113K in 2022. Overall, imports, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 8.4% against the previous year. As a result, imports reached the peak of $231K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 214 | 231 | 116 | 113 | -19.2% |
| Others | N/A | N/A | N/A | 0.2 | 0% |
| Total | 214 | 231 | 116 | 113 | -19.2% |
Top Suppliers of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals to Ecuador in 2022:
- United States (56.6 tons)
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