Price for Zinc; Powders and Flakes in Ecuador - 2022

Contents:

  1. Price for Zinc; Powders and Flakes in Ecuador (FOB) - 2022
  2. Price for Zinc; Powders and Flakes in Ecuador (CIF) - 2022
  3. Exports of Zinc; Powders and Flakes in Ecuador
  4. Imports of Zinc; Powders and Flakes in Ecuador

Price for Zinc; Powders and Flakes in Ecuador (FOB) - 2022

The average zinc; powders and flakes export price stood at $1,177 per ton in 2022, with a decrease of -7.1% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 60% against the previous year. As a result, the export price attained the peak level of $1,307 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($1,797 per ton), while the average price for exports to Colombia amounted to $941 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+37.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Zinc; Powders and Flakes in Ecuador (CIF) - 2022

In 2022, the average zinc; powders and flakes import price amounted to $20,649 per ton, rising by 247% against the previous year. Overall, the import price saw a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Spain amounted to +12.0% per year.

Exports of Zinc; Powders and Flakes in Ecuador

In 2022, exports of zinc; powders and flakeses from Ecuador contracted notably to 405 tons, falling by -18.2% against the previous year's figure. Over the period under review, exports faced a deep setback. The growth pace was the most rapid in 2021 with an increase of 57%.

In value terms, zinc; powders and flakes exports reduced sharply to $477K in 2022. In general, exports saw a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 92%.

Export of Zinc; Powders and Flakes in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia524260356276-19.2%
Mexico15066.227220110.2%
Others26.8N/AN/AN/A0%
Total700327628477-12.0%

Top Export Markets for Zinc; Powders and Flakes from Ecuador in 2022:

  1. Colombia (293.7 tons)
  2. Mexico (111.7 tons)

Imports of Zinc; Powders and Flakes in Ecuador

In 2022, overseas purchases of zinc; powders and flakeses decreased by -14% to 147 kg, falling for the second year in a row after two years of growth. Over the period under review, imports showed a precipitous decline. The growth pace was the most rapid in 2020 when imports increased by 94%. As a result, imports reached the peak of 2 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, zinc; powders and flakes imports soared to $3K in 2022. Overall, imports showed a abrupt decrease.

Import of Zinc; Powders and Flakes in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A0.30.23.0216.2%
SpainN/A4.8N/AN/A0%
Peru3.2N/AN/AN/A0%
Germany1.7N/AN/AN/A0%
India0.5N/A0.8N/A26.5%
Others0.3N/AN/AN/A0%
Total5.75.11.03.0-19.3%

Top Suppliers of Zinc; Powders and Flakes to Ecuador in 2022:

  1. United States (147.0 kg)

Source: IndexBox Market Intelligence Platform

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