Price for Sulphites; Other than of Sodium in Ecuador - 2022

Price for Sulphites; Other than of Sodium in Ecuador (CIF) - 2022

In 2022, the average import price for sulphites; other than of sodia amounted to $1,338 per ton, surging by 2.3% against the previous year. Overall, the import price continues to indicate a slight increase. The most prominent rate of growth was recorded in 2019 an increase of 77%. As a result, import price attained the peak level of $1,526 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

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 China ($5,472 per ton), while the price for the United States ($1,216 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sulphites; Other than of Sodium in Ecuador (FOB) - 2022

In 2022, the average export price for sulphites; other than of sodia amounted to $1,262 per ton, rising by 7.9% against the previous year. Overall, the export price, however, continues to indicate a sharp reduction. Over the period under review, the average export prices attained the peak figure at $127,879 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Colombia.

From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to -6.8% per year.

Imports of Sulphites; Other than of Sodium in Ecuador

In 2022, the amount of sulphites; other than of sodia imported into Ecuador soared to 39 tons, jumping by 1,331% against the previous year's figure. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sulphites; other than of sodium imports surged to $52K in 2022. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Sulphites; Other than of Sodium in Ecuador (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	3.5	19.4	1.3	29.6	103.7%
Colombia	1.1	5.6	0.9	16.9	148.6%
Canada	0.9	3.7	0.6	3.3	54.2%
Others	0.9	2.5	0.8	2.2	34.7%
Total	6.4	31.1	3.5	51.9	100.9%

Top Suppliers of Sulphites; Other than of Sodium to Ecuador in 2022:

United States (24.3 tons)
Colombia (13.2 tons)
Canada (0.8 tons)

Exports of Sulphites; Other than of Sodium in Ecuador

Sulphites; other than of sodium exports from Ecuador shrank rapidly to 1.1 tons in 2022, waning by -37.6% on 2021 figures. Over the period under review, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 303%. As a result, the exports attained the peak of 1.7 tons, and then shrank sharply in the following year.

In value terms, sulphites; other than of sodium exports contracted significantly to $1.3K in 2022. In general, exports continue to indicate a precipitous decline. The growth pace was the most rapid in 2021 with an increase of 188%.