Price for Titanium; Articles Thereof, Including Waste and Scrap in Ecuador - 2022
Contents:
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Ecuador (CIF) - 2022
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Ecuador (FOB) - 2022
- Imports of Titanium; Articles Thereof, Including Waste and Scrap in Ecuador
- Exports of Titanium; Articles Thereof, Including Waste and Scrap in Ecuador
Price for Titanium; Articles Thereof, Including Waste and Scrap in Ecuador (CIF) - 2022
In 2022, the average import price for titanium; articles thereof, including waste and scrap amounted to $19,053 per ton, declining by -30.3% against the previous year. In general, the import price recorded a deep reduction. The growth pace was the most rapid in 2020 when the average import price increased by 19% against the previous year. The import price peaked at $47,122 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($118,175 per ton), while the price for Spain ($3,047 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Titanium; Articles Thereof, Including Waste and Scrap in Ecuador (FOB) - 2022
The average export price for titanium; articles thereof, including waste and scrap stood at $8,842 per ton in 2022, falling by -42.1% against the previous year. Over the period under review, the export price recorded a significant curtailment. The most prominent rate of growth was recorded in 2019 when the average export price increased by 11%. Over the period under review, the average export prices attained the maximum at $110,167 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($33,604 per ton), while the average price for exports to the United States ($3,280 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (-10.9%), while the prices for the other major destinations experienced a decline.
Imports of Titanium; Articles Thereof, Including Waste and Scrap in Ecuador
In 2022, purchases abroad of titanium; articles thereof, including waste and scrap decreased by -19.9% to 11 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, imports reached the peak of 14 tons, and then declined notably in the following year.
In value terms, imports of titanium; articles thereof, including waste and scrap fell significantly to $216K in 2022. Overall, imports continue to indicate a slight setback. The pace of growth was the most pronounced in 2021 when imports increased by 43% against the previous year. As a result, imports attained the peak of $387K, and then dropped significantly in the following year.
| Import of Titanium; Articles Thereof, Including Waste and Scrap in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 26.2 | 29.6 | 43.4 | 48.7 | 23.0% |
| Brazil | 13.6 | 28.6 | 14.2 | 45.1 | 49.1% |
| United Kingdom | 31.7 | 91.9 | 196 | 42.1 | 9.9% |
| Spain | 19.7 | 19.1 | 24.6 | 24.1 | 7.0% |
| United States | 77.0 | 36.2 | 17.9 | 20.0 | -36.2% |
| China | 39.9 | 47.9 | 71.1 | 7.8 | -42.0% |
| Others | 17.3 | 17.4 | 20.7 | 28.4 | 18.0% |
| Total | 225 | 271 | 387 | 216 | -1.4% |
Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to Ecuador in 2022:
- Spain (7.9 tons)
- Costa Rica (1.4 tons)
- United Kingdom (0.7 tons)
- United States (0.5 tons)
- Brazil (0.4 tons)
- China (0.2 tons)
Exports of Titanium; Articles Thereof, Including Waste and Scrap in Ecuador
For the fourth year in a row, Ecuador recorded growth in shipments abroad of titanium; articles thereof, including waste and scrap, which increased by 73% to 1.2 tons in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 455%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of titanium; articles thereof, including waste and scrap amounted to $11K in 2022. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 156% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.
| Export of Titanium; Articles Thereof, Including Waste and Scrap in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.9 | 0.6 | 3.2 | 3.6 | 58.7% |
| United Kingdom | 0.7 | 2.9 | 2.7 | 2.6 | 54.9% |
| Sweden | 0.6 | 0.4 | 1.6 | 1.6 | 38.7% |
| Spain | N/A | N/A | N/A | 1.0 | 0% |
| United States | 0.1 | 0.1 | 0.5 | 0.5 | 71.0% |
| United Arab Emirates | N/A | N/A | 1.6 | N/A | 0% |
| Others | 0.3 | 0.2 | 1.0 | 1.2 | 58.7% |
| Total | 2.6 | 4.1 | 10.6 | 10.6 | 59.8% |
Top Export Markets for Titanium; Articles Thereof, Including Waste and Scrap from Ecuador in 2022:
- Netherlands (673.0 kg)
- Spain (204.0 kg)
- United States (157.0 kg)
- United Kingdom (111.0 kg)
- Sweden (48.0 kg)
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