Price for Zinc; Bars, Rods, Profiles and Wire in Ecuador - 2022

Contents:

  1. Price for Zinc; Bars, Rods, Profiles and Wire in Ecuador (CIF) - 2022
  2. Imports of Zinc; Bars, Rods, Profiles and Wire in Ecuador

Price for Zinc; Bars, Rods, Profiles and Wire in Ecuador (CIF) - 2022

In 2022, the average import price for zinc; bars, rods, profiles and wires amounted to $2,493 per ton, with an increase of 11% against the previous year. Over the period under review, the import price recorded prominent growth. The most prominent rate of growth was recorded in 2016 an increase of 79%. The import price peaked at $3,186 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($5,698 per ton), while the price for China ($845 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+19.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Zinc; Bars, Rods, Profiles and Wire in Ecuador

In 2022, after three years of growth, there was significant decline in overseas purchases of zinc; bars, rods, profiles and wires, when their volume decreased by -22.4% to 181 tons. Over the period under review, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 64%.

In value terms, imports of zinc; bars, rods, profiles and wires fell to $451K in 2022. Overall, imports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 64% against the previous year. As a result, imports reached the peak of $522K, and then contracted in the following year.

Import of Zinc; Bars, Rods, Profiles and Wire in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland64.782.918613126.5%
Germany61.312.554.510218.5%
China47.099.813882.020.4%
Belgium23.830.161.640.219.1%
Peru35.734.446.536.10.4%
United States9.136.1N/A31.851.7%
Others22.621.535.426.75.7%
Total26431752245119.5%

Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Ecuador in 2022:

  1. China (97.1 tons)
  2. Finland (23.5 tons)
  3. Germany (20.0 tons)
  4. Peru (17.0 tons)
  5. Belgium (11.9 tons)
  6. United States (8.3 tons)

Source: IndexBox Market Intelligence Platform

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