Price for Tin; Waste and Scrap in Ecuador - 2022
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Price for Tin; Waste and Scrap in Ecuador (CIF) - 2022
In 2022, the average tin; waste and scrap import price amounted to $3,023 per ton, waning by -10.4% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tin; waste and scrap import price increased by +93.5% against 2018 indices. The pace of growth was the most pronounced in 2014 an increase of 48%. The import price peaked at $3,375 per ton in 2021, and then reduced in the following year.
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 +5.5% per year.
Imports of Tin; Waste and Scrap in Ecuador
After two years of decline, overseas purchases of tin; waste and scraps increased by 32% to 438 kg in 2022. In general, imports, however, showed a sharp shrinkage.
In value terms, tin; waste and scrap imports skyrocketed to $1.3K in 2022. Overall, imports, however, continue to indicate a significant contraction.
Import of Tin; Waste and Scrap in Ecuador (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 10.0 | 3.3 | 1.1 | 1.3 | -49.3% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 10.0 | 3.3 | 1.1 | 1.3 | -49.3% |
Top Suppliers of Tin; Waste and Scrap to Ecuador in 2022:
- United States (436.0 kg)
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